Failure to Satisfy Obligations Sample Clauses

Failure to Satisfy Obligations. In the event an employee who, as a condition of continued employment, is required under this Article to pay dues or an agency fee to the Union but fails to do so, the Union will notify the Company in writing through the Company Offices Union Relations Office, or through such other office as may be designated by the Company, of such employee’s delinquency. The Company agrees to advise such employee that his/her employment status with the Company is in jeopardy and that his/her failure to meet this obligation under this Article within five days will result in the termination of his/her employment.
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Failure to Satisfy Obligations. No employee will be terminated by the College for non-payment of the regular monthly required dues or fees unless the Union first has notified the employee by letter explaining that the employee is delinquent in formally authorizing the College to make continuous semi-monthly payroll deduction for either dues or a representation fee, and warning him/her that unless such authorization is tendered within thirty (30) calendar days he/she will be reported to the President for termination. The Union will furnish the President with a copy of the letter sent to the employee and notice that the employee has not complied with the request for authorization. Such notices shall be sent to the employee and the employer at the same time.
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Failure to Satisfy Obligations. 25 In the event an employee who, as a condition of continued employment, is 26 required under this Article to pay dues or an agency fee to the Union but fails to 27 do so, the Union will notify the Company in writing through the Company Offices 28 Union Relations Office, or through such other office as may be designated by the 29 Company, of such employee’s delinquency. The Company agrees to advise such 30 employee that his/her employment status with the Company is in jeopardy and that 31 his/her failure to meet this obligation under this Article within five days will result in 32 the termination of his/her employment.
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Failure to Satisfy Obligations. In the event an employee who, as a condition of continued 22 employment, is required under this Article to pay dues or an agency fee to the Union but fails to do so, 23 the Union will notify the Company in writing through the Company Offices Union Relations Office, 24 or through such other office as may be designated by the Company, of such employee’s delinquency.
Sample 1
Failure to Satisfy Obligations. If you fail to satisfy any monetary obligations to us or any Affiliate, or otherwise fail to perform in accordance with the provisions set forth in this Contract, then you forfeit all rights to the expirations of, the renewal of and the use and control of policyholder information and the right to solicit policyholders, certificate holders and contract holders of ours or an Affiliate that you originated, and such rights shall be vested exclusively with us or the Affiliate.
Sample 1
Failure to Satisfy Obligations. If Seller fails to satisfy the obligations set forth in Subsections 9.1, 9.2, 9.3, 9.5 and 9.6 above, before Closing, Purchaser shall be entitled to terminate this Agreement and receive an immediate refund of the Initial Deposit (with interest).
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Failure to Satisfy Obligations. In the event Tenant is unable or ------------------------------ unwilling (i) to cure its default(s), (ii) to reimburse Landlord for Landlord's actual monetary losses, (iii) to pay Basic Monthly Rent or Adjustment Rent when due under this Lease, or any Additional Rent provided for when due under this Lease, or (iv) to have the criteria imposed to establish "adequate assurance of future performance" met, then Tenant agrees in advance that Tenant has not met its burden of performance under this Paragraph, and this Lease and Tenant's right to possession hereunder may be terminated by Landlord in accordance with the provisions of the Paragraph of this Lease entitled "DEFAULTS AND REMEDIES". ----------------------
Sample 1
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Failure to Satisfy Obligations. In the event an employee who, as a condition of continued employment, is required to become a member of the Union in good standing therein, but does not do so within the required time periods, the Union will notify the employee and the Company in writing of such employee’s delinquency. The Company agrees to advise such employee within seventy-two (72) hours of receipt of such notice that his/her employment status with the Company is in jeopardy and that his/her failure to meet his/her obligation within seven (7) work days after notice from the Union will result in his/her termination of employment. The Company will not terminate an employee for failing to meet his/her Union security obligations until requested in writing by the Union, with copy to the affected employee, that the Company do so. Such requests for discharge shall be made by registered mail from the Directing Business Representative to the Human Resources Department in Yakima, WA (or his/her designee). Upon receipt of such written request, the Company must terminate the employee before the next shift. The Union will provide adequate notice to the employee of his/her financial obligations to the Union per the law and this Agreement.
Sample 1

Related to Failure to Satisfy Obligations

  • Failure to Satisfy Conditions If the Secured Party or its Custodian fails to satisfy any conditions for holding Posted Collateral, then upon a demand made by the Pledgor, the Secured Party will, not later than five Local Business Days after the demand, Transfer or cause its Custodian to Transfer all Posted Collateral held by it to a Custodian that satisfies those conditions or to the Secured Party if it satisfies those conditions.

  • Notification Obligations (a) If by reason of a Force Majeure Event a Party is wholly or partially unable to carry out its obligations under this Agreement, the affected Party shall:

  • Statutory Obligations and Regulations D1 Prevention of Corruption

  • Failure to Satisfy Conditions Precedent If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest.

  • Failure to Fulfill Conditions In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party.

  • Limitation on Obligations (a) The provisions of this Guaranty are severable, and in any action or proceeding involving any state corporate law, or any state, federal or foreign bankruptcy, insolvency, reorganization or other law affecting the rights of creditors generally, if the obligations of any Guarantor under this Guaranty would otherwise be held or determined to be avoidable, invalid or unenforceable on account of the amount of such Guarantor’s liability under this Guaranty, then, notwithstanding any other provision of this Guaranty to the contrary, the amount of such liability shall, without any further action by the Guarantors, the Administrative Agent or any Lender, be automatically limited and reduced to the highest amount that is valid and enforceable as determined in such action or proceeding (such highest amount determined hereunder being the relevant Guarantor’s “Maximum Liability”). This Section 9.08(a) with respect to the Maximum Liability of the Guarantors is intended solely to preserve the rights of the Secured Parties hereunder to the maximum extent not subject to avoidance under applicable law, and no Guarantor or any other person or entity shall have any right or claim under this Section 9.08(a) with respect to the Maximum Liability, except to the extent necessary so that the obligations of the Guarantor hereunder shall not be rendered voidable under applicable law.

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • Statutory Obligations The Cash Manager will use its reasonable endeavours on behalf of the Mortgages Trustee and Funding, to prepare or procure the preparation of and file all reports, annual returns, financial statements, statutory forms and other returns which each of the Mortgages Trustee and Funding is required by law to prepare and file. Subject to approval thereof by the directors of the Mortgages Trustee or Funding (as appropriate), the Cash Manager shall cause such accounts to be audited by the Auditors and shall procure so far as it is able so to do that the Auditors shall make a report thereon as required by law and copies of all such documents shall be delivered to the Mortgages Trustee, the Security Trustee and Funding (as appropriate) and the Rating Agencies as soon as practicable after the end of each accounting reference period of the Mortgages Trustee or Funding (as appropriate).

  • Failure to Make Payments If the Company fails to make any payment of interest on this Subordinated Note when such interest becomes due and payable and such default continues for a period of 30 days, or if the Company fails to make any payment of the principal of this Subordinated Note when such principal becomes due and payable, the Company will, upon demand of the Trustee, pay to the Trustee, for the benefit of the Holder, the whole amount then due and payable with respect to this Subordinated Note, with interest upon the overdue principal, any premium and, to the extent permitted by applicable law, upon any overdue installments of interest at the rate or respective rates, as the case may be, provided for or with respect to this Subordinated Note or, if no such rate or rates are so provided, at the rate or respective rates, as the case may be, of interest borne by this Subordinated Note. Upon an Event of Default, the Company may not declare or pay any dividends or distributions on, or redeem, purchase, acquire, or make a liquidation payment with respect to, any of the Company’s capital stock, make any payment of principal or interest or premium, if any, on or repay, repurchase or redeem any debt securities of the Company that rank equal with or junior to this Subordinated Note, or make any payments under any guarantee that ranks equal with or junior to this Subordinated Note, other than: (i) any dividends or distributions in shares of, or options, warrants or rights to subscribe for or purchase shares of, any class of Company’s common stock; (ii) any declaration of a dividend in connection with the implementation of a shareholders’ rights plan, or the issuance of stock under any such plan in the future, or the redemption or repurchase of any such rights pursuant thereto; (iii) as a result of a reclassification of Company’s capital stock or the exchange or conversion of one class or series of Company’s capital stock for another class or series of Company’s capital stock; (iv) the purchase of fractional interests in shares of Company’s capital stock in accordance with the conversion or exchange provisions of such capital stock or the security being converted or exchanged; or (v) purchases of any class of Company’s common stock related to the issuance of common stock or rights under any of benefit plans for Company’s directors, officers or employees or any of Company’s dividend reinvestment plans.

  • Cooperation obligations The Parties undertake to cooperate to allow the timely submission, examination, publication and defence of any dissertation or thesis for a degree which includes their Results or Background subject to the confidentiality and publication provisions agreed in this Consortium Agreement.

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