Right to Receive Sample Clauses

Right to Receive. Upon the occurrence of an Event of Default, the Bank ---------------- shall have the right to receive, endorse, assign and/or deliver in the name of the Bank and the Borrowers, any and all checks, drafts and other instruments for the payment of money relating to the Accounts. The Borrow- ers waive notice of presentment, protest and of non-payment of any instrument so endorsed. The Borrowers constitute the Bank or the Bank's designee as the Borrowers' attorney with power to, (i) endorse the Borrowers' names upon any notes, acceptances, checks, drafts, money orders or other evidences of payment or Collateral that may come into the Bank's possession; (ii) send verifications of Accounts to any customer; (iii) notify the postal authorities to change the address for delivery of mail addressed to the Borrowers to such address as the Bank may designate; and, (iv) sign all Financing Statements or any other documents or instruments deemed necessary or appropriate by the Bank to preserve, collect, or perfect the Bank's interest in the Collateral and file same. All acts of the attorney or designee are hereby ratified and approved, and the attorney or designee shall not be liable for any acts of omission or commission, or for any error of judgment or mistake of fact or law. This power is coupled with an interest and is irrevocable while any of the Obligations remain unpaid.
Sample 1
Sample 2
See All (5)
Right to Receive any right to receive from the Lender any communication whatsoever with respect to any of the Borrower’s Obligations and Liabilities or any Obligations and Liabilities of the Guarantor, whether under this Guarantee or otherwise, or of any other Person who is or may become liable in respect of any of the Borrower’s Obligations and Liabilities, including, without limitation:
Sample 1
Sample 2
Right to Receive. Percent of Consideration. If any or all of the Products, or GBI's Intellectual Property related to the Products, directly or indirectly, are sold, licensed or transferred in any fashion to any third party during the term of this Agreement, GBI covenants and agrees to pay and transfer to ATS ***** percent (*****%) of the ***** received by GBI and its Affiliates, directly or indirectly, in connection with any transaction or agreement described in Section 19.1(a) (the "ATS Share of Consideration"), and GBI further covenants and agrees to make such payment or transfer of ATS' Share of Consideration not later than within ***** (*****) business days after the receipt by GBI and/or its shareholders of the consideration from the transaction. At the same time, GBI covenants and agrees to provide ATS with a copy of the signed definitive agreement(s) within ***** (*****) business days after execution of such agreement(s), and a copy of all material documentation and information evidencing the closing of such transactions that relates in any way to the consideration within ***** (*****) business days of the closing. "Consideration" shall include all forms of consideration received or to be received by GBI and its shareholders in connection with any of the transactions or agreements described in this Article 19, including any earnout or deferred consideration when and as it is paid to GBI and its shareholders. If a sale, transfer or license of the Products (whether an entire product line or as one, several or all of the Products) occurs as part of a Change in Control transaction (excluding a Change of Control transaction between GBI and ATS), then the Parties hereto shall negotiate in good faith in order to allocate as reasonably as possible a portion of the overall consideration received by GBI and its shareholders in such Change in Control transaction to the fair value of the business and assets represented by such Products taking into account its fair market value, and such good faith negotiations shall be promptly completed so that GBI will pay and transfer, or cause to be paid and transferred, to ATS the ATS Share of Consideration within ***** (*****) days after the receipt by GBI and/or its shareholders of the consideration from the transaction.
Sample 1
Right to Receive. Consideration Upon Dividend or Distribution. 6 3.7 Private Placement Number; CUSIP Number...................... 8 3.8
Sample 1
Right to Receive. 56 8.11 STEAM SUPPLY CASH COLLATERAL ACCOUNT......................... 56
Sample 1

Related to Right to Receive

  • Right to Review This contractor is subject to review by any federal or state auditor. The County shall have the right to review and monitor the financial and service components of this program by whatever means are deemed expedient by the County Project Manager. Such review may occur with or without notice, and may include, but is not limited to, on-site inspection by County agents or employees, inspection of all records or other materials which the County deems pertinent to the Agreement and its performance, and any and all communications with or evaluations by service recipients under this Agreement. The Contractor shall preserve and maintain all financial records and records relating to the performance of work under this Agreement for six (6) years after contract termination, and shall make them available for such review, within Cowlitz County, State of Washington, upon request, during reasonable business hours.

  • Right to Relet Should the Landlord elect to re-enter, as herein provided, or should it take possession pursuant to legal proceedings or pursuant to any notice provided for by law, it may either terminate this Lease or it may from time to time without terminating this Lease make such alterations and repairs as may be necessary in order to relet the Property, and may relet, as agent of the Tenant, the Property or any part thereof for such term or terms which may be for a term extending beyond the Term of this Lease) and at such rent and upon such other terms and conditions as the Landlord, acting reasonably, in its sole discretion, may deem advisable. Upon each such reletting all rent received by the Landlord from such reletting for the unexpired portion of the Term shall be applied, first, to the payment of any costs and expenses of such reletting, including brokerage fees and solicitor's fees and of costs of such alterations and repairs; second, to the payment of Basic Annual Rent and Additional Rent due and unpaid hereunder; and the residue, if any, shall be held by the Landlord and applied in payment of future Basic Annual Rent and Additional Rent as the same may become due and payable hereunder. If such payments received from such reletting during any month are less than that to be paid during that month by the Tenant hereunder, the Tenant shall pay such deficiency to the Landlord. Such deficiency shall be calculated and paid monthly. No such re-entry or taking possession of the Property by the Landlord shall be construed as an election on its part to terminate this Lease unless a written notice of such intention is given to the Tenant. Notwithstanding any such reletting without termination, the Landlord may at any time thereafter elect to terminate this Lease for such previous breach.

  • Right to Refuse a) The Company shall ensure that all employees are informed that they have the right to refuse hazardous work which may harm them or any person and that signs are posted in the workplace advising them of this right.

  • Right to Re-enter In the event of any such default by Tenant, Landlord shall have the right, after terminating this Lease, to re-enter the Premises and remove all persons and property. Such property may be removed and stored in a public warehouse or elsewhere at the cost of and for the account of Tenant, and disposed of by Landlord in any manner permitted by law.

  • Right to Relocate Landlord reserves the right to relocate the Premises to space elsewhere in the Building comparable to the Premises with respect to size (which to be comparable must be the same rentable area as the Premises plus or minus 10%), condition, finish, design and functional layout (the “Relocation Space”) by giving Tenant prior written notice (the “Relocation Notice”) of Landlord’s intention to relocate the Premises; provided, however, that, prior to the originally scheduled Term Expiration Date, Landlord shall not exercise such right to relocate more than one (1) time. If within 30 days after the date of the Relocation Notice, Landlord and Tenant have not agreed upon the specific space to which the Premises are to be relocated to and the timing of such relocation, then, at any time until Landlord and Tenant (i) agree upon the specific space to which the Premises are to be relocated and the timing of such relocation and (ii) execute an amendment to this Lease with respect to such agreement, Landlord may terminate this Lease by notice to Tenant. If Landlord elects to terminate this Lease, then this Lease shall terminate on that date which is 30 days after the date of the notice to terminate this Lease given pursuant to the immediately preceding sentence. If Landlord and Tenant do agree upon the space to which the Premises are to be relocated to and the timing of such relocation, then Tenant agrees to execute an amendment to the Lease setting forth such agreement. Landlord agrees to pay the reasonable costs of moving Tenant to such other space (including, without limitation, the reasonable cost to relocate Tenant’s phone and computer systems and the reasonable cost for a moving contractor to pack and unpack Tenant’s personal property to the extent a moving contractor would typically perform such function) and the reasonable cost to replace any letterhead and business cards existing as of the effective date of any relocation if and to the extent such letterhead and business cards are rendered obsolete solely as a result of such relocation. Except as may be mutually agreed to in writing in the form of an amendment to this Lease, the exercise of Landlord’s rights pursuant to this Article shall not in and of itself give rise to any increase or decrease in Rent. If construction in the Relocation Space is required in order to make the Relocation Space comparable to the Premises (as required above in this Article 22.0, “RIGHT TO RELOCATE”), such construction shall be performed by Landlord at Landlord’s expense and shall be Substantially Complete prior to any relocation.

  • Right to Receive Advice (a) Advice of the Fund. If PNC Bank is in doubt as to any action it should or should not take, PNC Bank may request directions or advice, including Oral or Written Instructions, from the Fund. (b)

  • Right to Revoke The parties acknowledge and agree that Employee may revoke this Release for up to seven (7) calendar days following Employee’s execution of this Release and that it shall not become effective or enforceable until the revocation period has expired. The parties further acknowledge and agree that such revocation must be in writing addressed to Steven C. McCracken, Senior Executive Vice President and Chief Administrative Officer, Callaway Golf Company, 2180 Rutherford Road, Carlsbad, California 92008, and received no later than midnight on the seventh day following the execution of this Release by Employee. If Employee revokes this Release under this section, it shall not be effective or enforceable, and Employee will not receive the consideration described in Section 1 above.

  • Right to Refuse Overtime All employees shall have the right to refuse to work overtime, except when required to do so in emergency situations, without being subject to disciplinary action for so refusing.

  • Right to Recoupment If the Investment Manager has waived or reduced any investment advisory fees, or made any payments pursuant to Section 1.4 above, relating to any of the 36 months immediately preceding any month end calculation pursuant to Section 1.4 above, the Investment Manager shall be entitled to recoup from a Fund any such investment advisory fees waived or reduced and any such payments made (collectively, a “Recoupment Amount”), if (i) on the date of any calculation under Section 1.3, the aggregate Term to date Fund Operating Expenses for any class of a Fund are less than that day’s Pro-Rated Expense Cap for that class, and (ii) such Recoupment Amounts have not already been recouped. Any amounts recouped from a class of a Fund shall be recouped in accordance with the principles of the Fund’s Multiple Class Plan Pursuant to Rule 18f-3 under the 1940 Act. Amounts recouped shall be allocated to the oldest Recoupment Amounts during such 36-month period until fully recouped, and thereafter to the next oldest Recoupment Amounts, and so forth.

  • Right to Receive Documentation a. Periodic Statements. Transfers and withdrawals made through any ATM or POS terminal, debit card transactions, audio response transactions, preauthorized EFTs, online/PC transactions, mobile access device transactions or bill payments you make will be recorded on your periodic statement. You will receive a statement monthly unless there is no transaction in a particular month. In any case, you will receive a statement at least quarterly.