Examples of Restatement Event in a sentence
Except for the Disclosed Matters or as a result of any Restatement Event, each Xerox Company is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding on it or its property, except where failures to do so, in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Except for changes resulting from any Restatement Event, such financial statements present fairly, in all material respects, the financial position of Xerox and its consolidated Subsidiaries as of such dates and their results of operations and cash flows for such periods in accordance with GAAP, subject to normal year-end adjustments and the absence of footnotes in the case of the statements referred to in this Section 3.04(a)(ii).
The Committee may at any time, in its sole discretion, cancel, declare forfeited, rescind, or require the return of any unexercised, undelivered, or unpaid Award (or a portion thereof) upon the Committee determining that (A) the Participant has, at any time (whether before or after the grant date of the Award), committed a Breach of Conduct or (B) a Restatement Event has, at any time (whether before or after the grant date of the Award), occurred.
The Board may at any time, in its sole discretion, cancel, declare forfeited, rescind, or require the return of any unexercised, undelivered, or unpaid Award or Payment contemplated hereby upon the Board determining that a Restatement Event has at any time occurred.
In addition, at any time up to and including the date that is eighteen (18) months following the latest of the vesting, exercise or Payment with respect to an Award, the Board may, in its sole discretion, rescind any such vesting, exercise or Payment, and require the return or repayment, of any Award or Payment contemplated hereby upon the Board determining that a Restatement Event has at any time (whether before or after the vesting, exercise or Payment of the Award) occurred.