No Repayment Obligation Sample Clauses
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No Repayment Obligation. Except as provided herein, no Partner shall have a duty to repay to the Partnership or to any Partner any portion or all of any negative Capital Account balance, and each Partner waives any right he may have, if any, against any other Partner in connection therewith.
No Repayment Obligation. If Executive’s employment terminates for any reason other than as set forth in Section 4(a), including on account of termination by Employer without Cause, upon Employer’s non- renewal of the Term, by Executive for Good Reason, death or for Disability, or if the Termination Date is after the one (1) year anniversary of the Payment Date, then Executive, or Executive’s estate, shall not be obligated to repay any portion of the Relocation Bonus.
No Repayment Obligation. Under the terms of Employee’s special cash retention award agreement dated March 29, 2013 and accepted by Employee (“Award”), Employer agrees that Employee is not obligated to repay the $100,000 first installment payment that he received under that Award; provided that Employee has executed the attached Separation Agreement and General Release and Waiver of Claims and not revoked it within the applicable time frames set forth in that Agreement.
No Repayment Obligation. If Executive’s employment terminates for any reason other than as set forth in Section 13(a), including on account of termination by Employer without Cause, upon Employer’s non-renewal of the Term, by Executive for Good Reason, death or for Disability, or if the Termination Date is after the two (2) year anniversary of the Initial Bonus Payment Date, then Executive, or Executive’s estate, shall not be obligated to repay any portion of the Initial Bonuses.
No Repayment Obligation it shall not be obliged to repay any monies received under this Agreement to Council or any other third party; and
No Repayment Obligation. If Employee’s employment with the Company ends, regardless of reason, Employee will not be required to repay any Retention Award payments received by Employee.
No Repayment Obligation. In accordance with this agreement the Firm is not obligated in any way to repay Atlas America for any payment or reimbursement made pursuant to this Agreement. Also, Atlas America agrees that the Firm is not legally obligated to a vendor for costs attributable to its activities, which are paid by Atlas America. Further, the Firm will obtain from the vendor in writing that the Firm is not directly or indirectly liable to the vendor or other party for the expense.
No Repayment Obligation. 14 - ii - TABLE OF CONTENTS ----------------- Page ---- Management and Operation of Business . 14 ------------------------------------ Section 8.01 Management Authority of the General Partner .............................................. 14 Section 8.02 Obligations of the General Partner.................... 16 Section 8.03 Restrictions on Authority of the General Partner ...................................... 17 Section 8.04 Purchase and Sale of Interests ....................... 17 Section 8.05 Execution of Certificates ............................ 17
No Repayment Obligation. 15 -ii- TABLE OF CONTENTS ----------------- Page ---- Management and Operation of Business . . . . . . . . . . . . . . . . . . 16 ------------------------------------