Tolling Remedy Clause Samples
Tolling Remedy. To the extent permitting by controlling law, for the three years during which the bonus eligibility and repayment conditions exist, if DaVita reasonably anticipates that a Triggering Event has occurred pursuant to Section C of this Appendix, and DaVita has recoupment rights remaining under Sections ▇.▇ and B.2 of this Appendix, DaVita shall have the right to notify the Covered Executive that those rights shall be tolled and thereby extended for an additional three years or until the Recoupment Committee determines that a Triggering Event has not occurred, whichever is earlier, to the extent permitted by applicable controlling law.
Tolling Remedy. To the extent permitting by controlling law, for the 6 years during which the bonus and Equity Award eligibility and repayment conditions exist, if Par reasonably anticipates that a Triggering Event has occurred pursuant to Paragraph C, and Par has recoupment rights remaining under Paragraphs B(i) and B(ii), Par shall have the right to notify the Covered Executive that those rights shall be tolled and thereby extended for an additional 6 years or until the Recoupment Committee determines that a Triggering Event has not occurred, whichever is earlier, to the extent permitted by controlling law of the relevant jurisdiction.
Tolling Remedy. To the extent permitting by controlling law, for the 3 years during which the bonus eligibility and repayment conditions exist, if GSK reasonably anticipates that a Triggering Event has occurred pursuant to Paragraph C, and GSK has recoupment rights remaining under Paragraphs B(i) and B(ii), GSK shall have the right to notify the Covered Executive that those rights shall be tolled and thereby extended for an additional 3 years or until the Recoupment Committee determines that a Triggering Event has not occurred, whichever is earlier, to the extent permitted by controlling law of the relevant jurisdiction.
Tolling Remedy. Aegerion shall make best efforts to obtain a written agreement from each Covered Executive under which, to the extent permitted by controlling law, for the three years during which the Bonus and Equity Award eligibility and repayment conditions exist, if (i) Aegerion reasonably anticipates that a Triggering Event has occurred and (ii) Aegerion has recoupment rights remaining under Sections II.A.2-3, Aegerion shall, upon notice to the Covered Executive, have the right to toll and extend such rights for an additional three years or until the Recoupment Committee (as defined below in Section II.C.2) determines that a Triggering Event has not occurred, whichever is earlier, to the extent permitted by controlling law of the relevant jurisdiction.
