Xxxxxxment. The Company hereby employs Executive, and Executive hereby accepts such employment with the Company for the period provided for in Section 2, all upon the terms and conditions contained in this Agreement. As a condition to Executive's employment by the Company, Executive affirms and represents that Executive is under no obligation to any former employer or other person which is in any way inconsistent with, or which imposes any restriction upon, Executive's acceptance of employment with the Company, the employment of Executive by the Company, or Executive's undertaking under this Agreement.
Xxxxxxment. The prepayment provisions of the Third Amendment shall remain in effect. The interest rate which must be maintained as outlined under the yield maintenance formula set forth in paragraph 4.1 of the Third Amendment, shall be 8.25% from December 10, 1994 through November 10, 1997, and shall be adjusted thereafter (if an Adjusted Rate is put into effect) to the Adjusted Rate from November 10,1 997 through September 10, 2001.
Xxxxxxment. Neither this Agreement xxx xxx xx xxe rights, interests or obligations hereunder shall be assigned by any of the parties (except with respect to any of the Shareholders, by operation of law upon death or through intestacy) without the prior written consent of the other parties. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties and their respective successors, assigns, executors, heirs or trustees.
Xxxxxxment. To the extent that, after giving effect to the reduction of Revolving Credit Commitments contemplated by Section 3 hereof, the total Revolving Credit Exposure shall exceed the total Revolving Credit Commitments, the Borrower shall have prepaid an amount of the Loans, or provided cover for LC Exposure, so that the total Revolving Credit Exposure does not in exceed the total Revolving Credit Commitments.
Xxxxxxment. Company engages Contractor and Contractor agrees to provide the Services to Company, subject the terms and conditions hereinafter set forth.
Xxxxxxment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement, nor any of the rights, interests or obligations hereunder shall be assigned by Licensee without the prior written consent of Licensor, and any attempts to do so without the consent of Licensor shall be void and of no effect.
Xxxxxxment. Any and all rights or interests, as evidenced by this conditional commitment, of JAC, the Borrowers, the JAC Guarantors or the Guarantor, if any, are not assignable by operation of law or otherwise without the prior written consent of Lender. Actions at Closing At closing, JAC, the Borrowers, the JAC Guarantors and the Guarantor are to execute and deliver such documents and do such other acts and things as Lender or Lender's counsel may reasonably request in order to fully effect txx xxxposes of and the completion of the loan transaction(s) described herein. All such documents, acts, disclosures made and other related matters regarding the loan transaction(s) are to be satisfactory to Lender and Lender's counsel.
Xxxxxxment. This Xxxxxxxxx xhall be bindixx xxxx, xnd inure to the benefit of, the parties' respective successors, permitted assigns, and heirs and legal representatives. This Agreement may be assigned to, and thereupon shall inure to the benefit of, any organization which succeeds to substantially all of the business or assets of the Company, whether by means of merger, consolidation, acquisition of all or substantially all of the assets of the Company or otherwise, including, without limitation, by operation of law. This Agreement is a personal services contract and may not be assigned by Executive nor may the duties of Executive hereunder be delegated by Executive to any other person.
Xxxxxxment. The Corporation hereby employs the Employee as Chief Financial Officer and the Employee hereby accepts such employment in accordance with the terms and conditions of this Agreement.
Xxxxxxment. Employee was previously employed by First Financial Computer Services, Inc., which has recently been merged into the Company. Pursuant to the terms of the Merger Agreement, the Company hereby continues to employ Employee and Employee accepts such continued employment from the Company upon the terms and conditions set forth below.
