Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion.
Apportionment of Obligations. Yadkin Financial and Yadkin Bank are jointly and severally liable to Executive for payment or provision of all compensation, benefits or other payments of any kind to which Executive is entitled under this Agreement. Yadkin Financial and Yadkin Bank may apportion such obligations among themselves as they may agree from time to time in their sole discretion; provided, however, that they must satisfy in full all such obligations in a timely manner as set forth in this Agreement regardless of any agreed-upon apportionment. Executive’s receipt of satisfaction in full of any such obligation from any member of the Employer Group or some combination thereof shall extinguish the obligations of all members of the Employer Group with respect to such obligation.
Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Agreement shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion.
Apportionment of Obligations. In the event the Company becomes a party to this Agreement, the obligations for the payment of the amounts otherwise payable pursuant to this Section 3 and in Section 4 shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion. The satisfaction of the obligations in this Section 3 and Section 4 shall be subject to any approvals or non-objections from, and any conditions or restrictions imposed by, any regulator of the Employer.
Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 and in Section 4 shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion. The satisfaction of the obligations in this Section 3 and Section 4 shall be subject to any approvals or non-objections from, and any conditions or restrictions imposed by, any regulator of Park Sterling.
Apportionment of Obligations. Except as the provisions of this Agreement expressly provide otherwise, the obligations for the payment of the amounts otherwise payable pursuant to this Agreement shall be apportioned between the Company and the Parent as they may agree from time to time in their sole discretion.
Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 and in Sections 4 and/or 5 may be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion. Any payment of such obligations by the Company directly to the Executive shall extinguish the Bank’s obligations to the extent of such payments. The satisfaction of the obligations in this Section 3 and Sections 4 and/or 5 shall be subject to any approvals or non-objections from, and any conditions or restrictions imposed by, any regulator of the Company and the Bank.
Apportionment of Obligations. AEP and NCI shall each ---------------------------- be liable for 50% of the Obligations which are incurred by the Trust. The Trust shall promptly submit copies of all invoices received to both AEP and NCI at their respective addresses listed in Section 2.04 herein.
Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 and in Sections 4 and/or 5 may be apportioned between the members of the Employer Group for which Executive is performing services as they may agree from time to time in their sole discretion. Any payment of such obligations by any member of the Employer Group directly to the Executive shall extinguish the obligations of all other members of the Employer Group to the extent of such payments. The satisfaction of the obligations in this Section 3 and Section 5 shall be subject to any approvals or non-objections from, and any conditions or restrictions imposed by, any applicable regulator of Piedmont, Crescent Financial, or the Bank.
Apportionment of Obligations. The Buyer and the relevant Buyer Subsidiaries shall discharge all of their respective obligations in respect of the Transferred Employees for their own account from and including the Closing. Except as otherwise provided herein or in the Employee Loan Agreement, to the extent that any payment made by Buyer or any Buyer Subsidiary to or in relation to any Transferred Employee (including, without limitation, the remuneration, benefits and fees of the Transferred Employees and all PAYE, tax deductions, social security payments and national insurance contributions) is attributable to the period prior to the Closing, Seller shall account to Buyer in respect thereof. Except as otherwise provided herein or in the Employee Loan Agreement, to the extent that any payment made by Seller or any Seller Subsidiary to or in relation to any Transferred Employee (including, without limitation, the remuneration, benefits and fees of the Transferred Employees and all PAYE, tax deductions, social security payments and national insurance contributions) is attributable to the period on or after the Closing Date, Buyer shall account to Seller in respect thereof.
