The Companys Payment Obligations. The Company’s obligation to make the payments and the arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else, except that the Company shall have the right to set off any indebtedness of the Executive to the Company for borrowed money which indebtedness is represented by a promissory note. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever. The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make the payments and arrangements required to be made under this Agreement, except to the extent provided in Section 3.3(c).
The Companys Payment Obligations. The Company's obligation to make the payments and the arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Colleague or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from the Colleague or from whomsoever may be entitled thereto, for any reasons whatsoever. The Colleague shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company's obligations to make the payments and arrangements required to be made under this Agreement, except to the extent provided in Section 3.3(c).
The Companys Payment Obligations. The amounts payable by the Company in respect of the Development and Construction Costs pursuant to this Connection Agreement are set out as follows: the Estimated Development and Construction Costs Contribution within 10 (ten) Business Days of the Agreement Date: The Estimated Supplemental Economic Test Contribution (if any) within 10 (ten) Business Days of the Agreement Date; Any additional amounts in respect of the Company Development and Construction Costs Contribution in accordance with Clause 7.4. any additional amounts in respect of the Supplemental Economic Test Contribution in accordance with Clause 7.4; the Additional Commissioning Costs Contribution (if any); in the event that this Connection Agreement is terminated pursuant to Clause 15, the Termination Costs; and any Shortfall Amounts.
The Companys Payment Obligations
