Common use of Restrictions Imposed by Law Clause in Contracts

Restrictions Imposed by Law. Without limiting the generality of Section 10.8 of the Plan, the Company will not be obligated to deliver any shares of Common Stock represented by vested Restricted Stock Units or securities constituting any Unpaid Dividend Equivalents if counsel to the Company determines that the issuance or delivery thereof would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which shares of Common Stock or such other securities are listed or quoted. The Company will in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock represented by vested Restricted Stock Units or securities constituting or cash payment related to any Unpaid Dividend Equivalents to comply with any such law, rule, regulation, or agreement.

Appears in 12 contracts

Samples: Restricted Stock Units Agreement (Liberty Media Corp), Based Restricted Stock Units Agreement (Liberty Broadband Corp), Restricted Stock Units Agreement (Liberty TripAdvisor Holdings, Inc.)

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Restrictions Imposed by Law. Without limiting the generality of Section 10.8 10.10 of the Plan, the Company will not be obligated to deliver any shares of Common Stock represented by vested Earned Restricted Stock Units, Accelerated Restricted Stock Units or securities constituting any Unpaid Dividend Equivalents if counsel to the Company determines that the issuance or delivery thereof would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which shares of Common Stock or such other applicable securities are listed or quoted. The Company will in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock represented by vested Restricted Stock Units, Accelerated Restricted Stock Units or securities constituting or cash payment related to any Unpaid Dividend Equivalents to comply with any such law, rule, regulation, or agreement.

Appears in 3 contracts

Samples: Phantom Units Award Agreement (Ascent Capital Group, Inc.), Restricted Stock Units Award Agreement (Ascent Capital Group, Inc.), Restricted Stock Units Award Agreement (Ascent Capital Group, Inc.)

Restrictions Imposed by Law. Without limiting the generality of Section 10.8 10.9 of the Plan, the Company will not be obligated to deliver make any cash payment or issue or cause to be issued any shares of Common Stock represented by vested Restricted Stock Units or other securities constituting any vested Unpaid Dividend Equivalents Equivalents, if counsel to the Company determines that the such payment or issuance or delivery thereof would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which shares of Common Stock or such other securities are listed or quoted. The Company will in no event be obligated to take any affirmative action in order to cause the delivery any payment of cash or issuance of shares of Common Stock represented by vested Restricted Stock Units or other securities constituting or cash payment related to any vested Unpaid Dividend Equivalents to comply with any such law, rule, regulation, regulation or agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (CommerceHub, Inc.), Restricted Stock Unit Agreement (CommerceHub, Inc.)

Restrictions Imposed by Law. Without limiting the generality of Section 10.8 10.10 of the Plan, the Company will not be obligated to deliver any shares of Common Stock represented by vested Restricted Stock Units or securities constituting any Unpaid Dividend Equivalents if counsel to the Company determines that the issuance or delivery thereof would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which shares of Common Stock or such other applicable securities are listed or quoted. The Company will in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock represented by vested Restricted Stock Units or securities constituting or cash payment related to any Unpaid Dividend Equivalents to comply with any such law, rule, regulation, or agreement.

Appears in 1 contract

Samples: Restricted Stock Units Award Agreement (Ascent Capital Group, Inc.)

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Restrictions Imposed by Law. Without limiting the generality of Section 10.8 of the Plan, the Company will not be obligated to deliver any shares of Common Stock represented by vested Restricted Stock Units or securities constituting any Unpaid Dividend Equivalents if counsel to the Company determines that the issuance or delivery thereof would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which shares of Common Stock or such other securities are listed or quoted. The Company will in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock represented by vested Restricted Stock Units or securities constituting or cash payment related to any Unpaid Dividend Equivalents to comply with any such law, rule, regulation, or agreement.. LTRPB Term RSU Form

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Liberty TripAdvisor Holdings, Inc.)

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