Examples of Repayment Obligation in a sentence
You agree that the Company shall have the right to enforce the Repayment Obligation by all legal means available, including without limitation, by withholding other amounts or property owed to you by the Company.
The Monthly Repayment Obligation shall be applied whenever the former RMR Generator or former Interim Service Provider or Generator that returns from an ICAP Ineligible Forced Outage is participating in the ISO Administered Markets while it is eligible to receive market-based rates, until the applicable repayment obligation has been fully repaid.
The Monthly Repayment Obligation shall not be imposed while a former RMR Generator or former Interim Service Provider or Generator that returns from an ICAP Ineligible Forced Outage is in a Mothball Outage or an ICAP Ineligible Forced Outage, or is Retired.
If a Generator that is subject to a Monthly Repayment Obligation returns from being Retired, or from being in a Mothball Outage, or from an ICAP Ineligible Forced Outage, to participate in the ISO Administered Markets while it is eligible to receive market-based rates, then the ISO shall recalculate and reinstate an updated Monthly Repayment Obligation.
This Repayment Obligation shall be in addition to any compensation recovery policy that may be adopted by the Company or by the Committee pursuant to the Plan, or is otherwise required by applicable law or the rules of the Securities and Exchange Commission.