Legal Limitations. Notwithstanding any provision to the contrary in this Agreement, no payment of any type or amount of compensation or benefits shall be made or owed by Company to Executive pursuant to this Agreement or otherwise if payment of such type or amount is prohibited by, is not permitted under, or has not received any required approval under, any applicable governmental statute, regulation, rule, order (including any cease and desist order), determination, opinion, or similar provision whether now in existence or hereafter adopted or imposed, including without limitation, by or under (i) any provisions of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (“Xxxx-Xxxxx”) and regulations promulgated thereunder, (ii) any governmental provisions relating to indemnification by Company or an affiliate, including without limitation any applicable prohibitions or restrictions on depository institutions and their affiliates set forth in 12 USC 1828(k) or in 12 CFR Part 359, or (iii) any governmental provisions relating to payment of golden parachutes or similar payments, including without limitation any prohibitions or restrictions on such payments by troubled institutions and companies and their affiliates set forth in 12 USC 1828(k) or in 12 CFR Part 359. In the event any payment to Executive is prohibited or otherwise restricted, (x) such payment shall, to the extent allowed by law, order or regulatory determination and not objected to by applicable banking or other regulatory agencies, be reinstated as an obligation of the obligor(s) without further action immediately upon the cessation of such prohibition or restriction, and (y) the Company shall use its best efforts to secure the consent, if any shall be required, of the FDIC or other applicable banking or other regulatory agencies to make such payments in the highest amount permissible, up to the amount provided for in this Agreement. If any payment made to Executive hereunder or under any prior employment agreement or arrangement is required under any applicable governmental provision (including, without limitation, Xxxx-Xxxxx and regulations promulgated thereunder) to be paid back to Company, the Executive shall upon written demand from Company promptly pay such amount back to Company.
Legal Limitations. Should any provision of this Agreement be found to be contrary to any Federal or State law, or any local superseding ordinance or statute, then such provision of the Agreement shall be considered void.
Legal Limitations. 30.05 It is recognized that nothing in this contract is intended or shall anything be construed to require either party to contravene the laws of the Government of Ontario or the Government of Canada. Where any clauses may run counter to such laws, the provisions of the law shall apply where necessary. DATED AT TORONTO, ONTARIO THIS 28TH DAY OF APRIL, 2005. FOR THE COMPANY FOR THE UNION Xxxxxx Wydymus Xxxxxx Wydymus Xxxx Xxxxxxxxxxx Xxxx Xxxxxxxxxxx Xxxxx Xxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxx Xxxxxxx Xxxxxx Xxx Xxxxxxx Xxxx Xxxx Xxx Xxxxxxx Xxxx Xxxx Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxx Xxxxxxxx Xxxxxxxxx Xxxxxx Xxxx Xxxxxxxx Xxxxxxxxx Xxxxxxxxxx Xxxx Xxxxxxxxxx Xxxx Xxxxx Xxxxxx Xxxxx Xxxxxx LETTER OF UNDERSTANDING #1 RE: SUBSTANCE ABUSE The Company and the Union jointly recognize substance use and abuse to be a serious medical and social problem that can be successfully treated. It is in the best interest of the employee, the Union and the Company to encourage early intervention and treatment to assist employees and members of their families towards full rehabilitation. Such assistance includes, but is not necessarily limited to, identification of the problem at the earliest stages, motivating the individual to obtain help, referral of the individual to appropriate treatment and rehabilitation facilities and a continuing education of employees and Union and management representatives alike to recognize and deal constructively with such problems as they arise. An employee who undergoes a prescribed rehabilitative process will be entitled to Sickness and Accident benefits in accordance with the Sickness and Accident plan. Should the Substance Abuse Representative come from the workplace covered by this collective agreement, s/he shall be granted a leave of absence, with full accumulation of seniority and pension service for the duration of time that he/she performs the job of Substance Abuse Representative. In August of each year the Company shall contribute the amount of $23,000 to the Local Union’s fund to support the Local Union’s Substance Abuse Representative whose services shall be available to employees of this bargaining unit. In addition, it is recognized that the Substance Abuse Representative will be able to deal more effectively with matters related to substance abuse if they are provided with appropriate training. Therefore, the Company will allow reasonable time off to the Substance Abuse Representative to ...
Legal Limitations. Notwithstanding any provision to the contrary contained in this Agreement, in no event shall the Partnership make or be required to make any Distribution or payment to any Partner to the extent prohibited or restricted by the Act or any other applicable law.
Legal Limitations. In addition to limitations on transfers elsewhere described, certain legal limitations apply on the number of transfers that may be made from your savings and/or money market account(s). You may make no more than six (6) transfers and/or withdrawals each statement cycle for money market accounts or each calendar month for savings accounts from these accounts to another deposit account of yours at this bank or to a third party by means of a preauthorized or automatic transfer, or by telephone or online banking instruction, or by check, draft, debit card, or similar order made by you and payable to third parties. If you exceed these limitations, we may refuse to honor the excessive transactions, remove your transfer privileges, convert your account to another type, or close your account without prior notice. Fees - You may be subject to fees if you exceed the transaction limits on your Account. Please refer to the Truth in Savings Disclosure applicable to your Account for more information regarding any Excess Withdrawal Fees.
Legal Limitations. 6.1 Without limiting the foregoing, our Online Trading Facility is NOT available in any jurisdiction where access and/or use is prohibited, and we reserve the right to refuse, decline, or cancel our Online Trading Facility and/or any part or component thereof, at any time, for any reason, without providing you with any explanation or justification.
Legal Limitations. Notwithstanding any provision to the contrary in this Agreement, no payment of any type or amount of compensation or benefits shall be made or owed by Employer to Executive pursuant to this Agreement or otherwise if payment of such type or amount is prohibited by, or not permitted under, or has not received any required approval under, any applicable governmental statute, regulation, rule, order (including any cease and desist order), determination, opinion or similar provision whether now in existence or hereafter adopted or imposed, including without limitation, by or under (i) any applicable governmental or provisions relating to compensation or benefits arising as a result of an investment in or assistance to Employer or an affiliate by a governmental entity, including without limitation any applicable restrictions contained in the Emergency Economic Stabilization Act of 2008, as amended by the American Reinvestment Act of 2009 (“EESA”), 31 CFR Part 30 (relating to the TARP Capital Purchase Program) or any other regulation, rule, order, guidance or agreement issued or entered into pursuant to EESA, (ii) any governmental provisions relating to indemnification by Employer or an affiliate, including without limitation any applicable prohibitions or restrictions on depository institutions and their affiliates set forth in 12 USC 1828(k) or in 12 CFR Part 359, or (iii) any governmental provisions relating to payment of golden parachutes or similar payments, including without limitation any prohibitions or restrictions on such payments by troubled institutions and companies and their affiliates set forth in 12 USC 1828(k) or in 12 CFR Part 359. Further, to the extent Employer’s performance of a future obligation for any deferred compensation, pension, retirement plan or similar benefit shall be restricted pursuant to clause (iii) above by virtue of the designation of Employer (or any affiliate of Employer) as a “troubled institution” during the term of Executive’s employment by Employer or any affiliate of Employer, such obligation shall be fully and finally discharged upon the designation of Employer (or Employer’s affiliate, as the case may be) as a “troubled institution,” whether or not such entity is later removed from such designation, unless, following the removal of such designation, a majority of the members of the board of directors of Employer shall, after such designation is removed, vote to approve such benefit wholly or in part, and in such inst...
Legal Limitations. In the event the terms of this agreement are contrary to any provisions of appropriate existing federal, state or local statutes or ordinances, then the provisions of said laws shall prevail.
Legal Limitations. 7. It is further understood and agreed that the liability of the School District, as set forth in this Article, shall be coextensive with and not diminish, but shall not exceed, that set forth in the applicable sections of the Education Law.
Legal Limitations. 30.05 It is recognized that nothing in this contract is intended or shall anything be construed to require either party to contravene the laws of the Government of Ontario or the Government of Canada. Where any clauses may run counter to such laws, the provisions of the law shall apply where necessary. DATED AT TORONTO, ONTARIO THIS 7th DAY OF May, 2014. FOR THE COMPANY FOR THE UNION Xxxxxx Xxxxxx Said Xxxxx Xxxxxx Xxxxxx Said Xxxxx Xxxxxx Xxxxxxxxx Xxxxx Xxxxx Xxxxxx Xxxxxxxxx Xxxxx Xxxxx Xxx Xxxxxx-Xxxx Xxxxx Xxxxxxx Xxx Xxxxxx-Xxxx Xxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxxxx Xxxxxxxx Xxxxxx Xxxxx Xxxxxxxx Xxxxxxxx Xxxx Xxxxxx Xxxx Xxxxxxx Xxxx Xxxxxx Xxxx Xxxxxxx Xxxxx Lines Xxxxx Lines
