Disintermediation Clause Samples

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Disintermediation. Contractor agrees that they will not disintermediate the relationship they have with Recipient's Client and that all fees, expenses, payment of Contractor will be
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Disintermediation. It is estimated that at least forty percent (40%) of the funds used to purchase Products will come from outside funds. "
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Disintermediation. The risk of disintermediation, which is the risk that interest rates may rise and policy loans and surrenders increase or maturing contracts do not renew at anticipated rates or renewal. If asset durations are greater than liability durations, the mismatch will increase. Policyholders will move their funds into new products offering higher rates. The company may have to sell assets at a loss to provide for these withdrawals.
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Disintermediation. Except pursuant to the Buyout Policy below, Employer shall (i) make all payments relating to, or in any way connected with, a Contract (including, without limitation, bonuses) through the payment channels provided or specified by oDesk, and (ii) not make any such payments directly to a Contractor or through any other payment channels. Any action that encourages or solicits complete or partial payment outside of the oDesk system is a violation of this Agreement. Should an Employer be found in violation of this section of this Agreement, it will owe oDesk fees equal to the greater of a) $2,500; or b) the applicable fees had the payments been processed through the oDesk system plus 18%. Employer shall immediately notify oDesk if a Contractor requests that Employer make a payment directly to it or through any channels other than those provided or specified by oDesk. Contractor shall not accept any payments relating to a Contract (including, without limitation, bonuses) from an Employer directly or through any payment channels other than those provided or specified by oDesk. Contractor shall immediately notify oDesk if an Employer or any of its agents attempt to make a payment to Contractor directly or through any payment channels other than those provided or specified by oDesk.
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Disintermediation. Client shall make all payments relating to, or in any way connected with, a Service Contract (including, without limitation, bonuses) through the oDesk Platform. Any action that encourages or solicits complete or partial payment outside of the oDesk Platform is a violation of this Agreement. Should a Client or Freelancer (including an Agency) be found in violation of this section of this Agreement, it will owe oDesk an amount with respect to each Service Contract equal to the greater of a) $2,500; or b) the applicable fees had the payments been processed through the oDesk Platform, plus 18%.
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Related to Disintermediation

  • Labour Management Relations Committee In recognition of the mutual benefits of open communications and on-going consultation between the faculty and the employer, the Labour/Management Relations Committee will meet on a regular basis and have equal representation for the Union and the Employer. The LMRC will serve as an open forum for the free and candid discussion of matters of mutual concern to faculty members and management.

  • Conduct of mediation In consultation with the mediator, the parties must determine a location, timetable and procedure for the mediation or, if the parties cannot agree on these matters within 7 Working Days of the appointment of the mediator these matters will be determined by the mediator.

  • Negotiation and Mediation If either party serves written notice of a Dispute upon the other party (a “Dispute Notice”), the parties will first attempt to resolve the Dispute by direct discussions between representatives of the parties who have authority to settle the Dispute. In the event the Dispute is not resolved within 15 days by the initial representatives to whom the matter is referred, the Dispute will be escalated for resolution to the CFO of each party. If the parties agree, they may also attempt to resolve the Dispute through mediation administered by a mutually agreed upon mediator.

  • Mandatory Mediation Prior to and as a condition of either Party’s filing suit in state or federal court, the Parties shall engage in a mediated settlement conference in accordance with the North Carolina Superior Court Rules Implementing Statewide Mediation. The Parties shall mediate in good faith until settlement is reached or an impasse is declared by the mediator.

  • Optional Mediation The Parties may mutually agree to non-binding mediation: (a) If the grievance is not resolved at Step 3, either Party may request that a Mediator be appointed to meet with the Parties, investigate and define the issues in dispute and facilitate a resolution. (b) The Mediator shall be appointed by mutual agreement between the Parties. (c) The purpose of the Mediator's involvement in the grievance process is to assist the Parties in reaching a resolution of the dispute, and anything said, proposed, generated or prepared for the purpose of trying to achieve a settlement is to be considered privileged and will not be used for any other purpose. (d) The expenses of the Mediator shall be equally borne by both Parties. (e) The grievance may be resolved by mutual agreement between the Parties.