Obligation to Notify Sample Clauses

Obligation to Notify. If the Participant makes the election permitted under Section 83(b) of the Internal Revenue Code of 1986, as amended (that is, an election to include in gross income in the year of transfer the amounts specified in Section 83(b)), the Participant shall notify the Company of such election within 10 days of filing notice of the election with the Internal Revenue Service and shall within the same 10-day period remit to the Company an amount sufficient in the opinion of the Company to satisfy any federal, state and other governmental tax withholding requirements related to such inclusion in Participant’s income. The Participant should consult with his or her tax advisor to determine the tax consequences of acquiring the Restricted Stock and the advantages and disadvantages of filing the Section 83(b) election. The Participant acknowledges that it is his or her sole responsibility, and not the Company’s, to file a timely election under Section 83(b), even if the Participant requests the Company or its representatives to make this filing on his or her behalf.
AutoNDA by SimpleDocs
Obligation to Notify. If the Participant makes the election permitted under Section 83(b) of the Internal Revenue Code of 1986, as amended (that is, an election to include in gross income in the year of transfer the amounts specified in Section 83(b)), the Participant shall notify the Company of such election within 10 days of filing notice of the election with the Internal Revenue Service and shall within the same 10-day period remit to the Company an amount sufficient in the opinion of the Company to satisfy any federal, state and other governmental tax withholding requirements related to such inclusion in Participant’s income. The Participant should consult with his tax advisor to determine the tax consequences of acquiring the Restricted Stock and the advantages and disadvantages of filing the Section 83(b)
Obligation to Notify. Lessor and Lessee shall each give written notice to the other as soon as reasonably practical of (i) any communication received from any governmental authority concerning Hazardous Material which related to the Premises and (ii) any contamination of the Premises by Hazardous Materials which constitutes a violation of any Hazardous Material Laws.
Obligation to Notify. Subdivider shall notify, in writing, any transferee of the Subdivision or any lot located in the Subdivision of the existence, terms and conditions contained in this Agreement and any easements or restrictions required hereunder. The Subdivider shall provide the City with a copy of said written notification immediately thereafter.
Obligation to Notify. In connection with discovery requests or orders pertaining confidential information in connection with this Agreement as referenced in Section 13.1(a) (“Disclosure Order”) each Party shall, to the extent practicable, use reasonable efforts to: (a) Notify the other Party before disclosing the Confidential Information; and (b) Prevent or limit such disclosure. After using such reasonable efforts, the Disclosing Party will not be: (c) Prohibited from complying with a Disclosure Order; or (d) Liable to the other Party for monetary or other damages incurred in connection with the disclosure of the Confidential Information.
Obligation to Notify. Notify the HSP within five Business Days of any matter of which he or she is aware and about which a prudent Medical Practitioner should reasonably believe the HSP should be notified, including: (a) adverse patient incidents; (b) verbal or written complaints received; (c) requests by the Coroner for medical reports; (d) threats of legal action or any writ, subpoena or summons received; (e) referrals to the Health and Disability Services Complaints Office; (f) matters of which a Medical Practitioner would be obliged to inform their medical defence organisation, indemnity fund or insurer; (g) if medical indemnity protection has been removed or has lapsed; (h) if Credentialing or Scope of Clinical Practice has been reduced, limited, suspended or revoked at any other Hospital or health service (public or private); (i) notifications or referrals to the Medical Board or the State Administrative Tribunal or any such similar bodies in other jurisdictions; (j) any investigation by a relevant college or professional body; (k) cautions issued, fines imposed or reprimands given by the Medical Board or the State Administrative Tribunal, undertakings given to the Medical Board or the State Administrative Tribunal as to good behaviour, or registration as a Medical Practitioner being made conditional, suspended, removed or lapsing; (l) a misconduct finding (including a finding of unsatisfactory professional performance, unprofessional conduct or professional misconduct) being made against them under the Health Practitioner Regulation National Law (Western Australia); (m) charges with or convictions of any criminal offence involving dishonesty or punishable by imprisonment; (n) actual or potential conflicts of interest; or (o) any communicable illness or disease that would interfere with the treatment of patients at the Hospital or presents risk to patients or other people at the Hospital.
Obligation to Notify. Not applicable to this Development.
AutoNDA by SimpleDocs
Obligation to Notify. 14.2.1 Notwithstanding anything contained herein, the Affected Party shall, as soon as practicable, and in any case within forty-eight (48) hours of the occurrence of a Force Majeure Event or from the date of having knowledge thereof, Notify the Independent Expert, the Independent Auditor and the other Party, of the occurrence of the Force Majeure Event by the issuance of a notice in writing (the Force Majeure Notice). 14.2.2 The Affected Party shall provide all relevant details in respect of the Force Majeure Event in the Force Majeure Notice, including but not restricted to the following: (a) the nature and extent of the Force Majeure Event; (b) the estimated Force Majeure Period; (c) the nature of and the extent to which, performance of any of the Affected Party’s obligations under this Agreement are affected by the Force Majeure Event; (d) the measures which the Affected Party has taken or proposes to undertake to alleviate/mitigate the impact of the Force Majeure Event and to resume performance of such of its obligations that are affected by the Force Majeure Event; and (e) any other relevant information concerning the Force Majeure Event, and/or the rights and obligations of the Parties under this Agreement. 14.2.3 The Parties shall, as soon as practicable upon the receipt of the Force Majeure Notice and in any case within five (5) days from the date of receipt of the same, convene a meeting, along with the Independent Expert for the purpose of conducting discussions, in good faith, and where necessary the Parties shall agree to conduct inspections and/or surveys of the Facility in order to: (a) assess the impact of the underlying Force Majeure Event; (b) to determine the likely duration of Force Majeure Period; and (c) to formulate damage mitigation measures and the steps to be undertaken by the Parties for resumption of the obligations, the performance of which had been affected by the Force Majeure Event. 14.2.4 The Affected Party shall during the Force Majeure Period provide to the other Party with regular (not less than weekly) reports and such other information, details and/or documents that the other Party may reasonably require.
Obligation to Notify. Developer shall notify, in writing, any transferee of the Development or any lot located in the Development of the existence, terms and conditions contained in this Agreement and any easements or restrictions required hereunder. The Developer shall provide the City with a copy of said written notification immediately thereafter.
Obligation to Notify. If an affected party becomes aware of a circumstance it reasonably considers constitutes or is likely to constitute or result in an Event of Force Majeure, it must: (a) immediately give the other party notice of the circumstances and of the obligations under this Agreement that have been, or will be, or are likely to be, affected by that circumstance; and (b) keep the other party informed both at reasonable intervals and upon request by the other party as soon as practicable following the receipt of that request of: (i) the affected party’s estimate of the likely and actual commencement (as appropriate) of and duration of the Event of Force Majeure; (ii) the action taken and the action proposed to be taken by the affected party in complying with paragraph (a); (iii) the cessation of the Event of Force Majeure or the successful mitigation of the effects of the Event of Force Majeure; and (iv) any other matter the other party reasonably requests in connection with the occurrence of the Event of Force Majeure and the matters referred to in paragraph (b).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!