Examples of Repayment Agreement in a sentence
If the Covered Person accepts such offer and signs the Repayment Agreement within a reasonable time as determined by the Committee, the Company shall countersign such Repayment Agreement.
Failure to comply with the Repayment Agreement terms may subject the Resident to eviction procedures.
The Producer also agrees that upon Default, the Administrator has the right to seize the Producer’s Agricultural Product(s) and any subsequent Agricultural Product wherever situated and sell the Agricultural Product as it sees fit in order to realize upon any amount outstanding under this Repayment Agreement including interest and any legal costs and apply the proceeds against the Producer’s liability (as defined in 5.3) until fully repaid.
Signing a Repayment Agreement does not guarantee continued assistance.
With respect to cash awards, the Committee shall either (i) require the Covered Person to repay the Erroneously-Awarded Compensation in a lump sum in cash (or such property as the Committee agrees to accept with a value equal to such Erroneously-Awarded Compensation) reasonably promptly following the Restatement Date or (ii) if approved by the Committee, offer to enter into a Repayment Agreement.