Ambit definition

Ambit or “Ambit Energy”), at its home office in Dallas, Texas, USA. I agree that my relationship with Ambit as an Independent Consultant (“IC”) is that of a contracting Independent contractor, and that I alone determine the nature and extent of my activities and hours. I am not an agent, legal Consultant, or employee of Ambit and I will not represent that I am otherwise to any third party. I understand that I may not make purchases or enter into any agreements that will bind Ambit or its suppliers in any way whatsoever. I am responsible for the payment of all federal and provincial self-employment taxes and any other tax required under any federal, provincial, regulatory or taxing agency.

Examples of Ambit in a sentence

  • The accounting firm engaged by Ambit for general tax purposes shall perform the foregoing calculations.

  • Ambit shall bear all expenses with respect to the determinations by such accounting firm required to be made hereunder.

  • In the event you so request that such a vote be taken, you agree to execute a waiver and enter into such additional agreements as may be reasonably requested by Ambit in relation thereto, including, without limitation, agreeing that the portion of such payments that would otherwise, if made, result in your becoming liable for the Excise Tax will not be made if the required stockholder approval is not obtained.

  • Any good faith determinations of the accounting firm made hereunder shall be final, binding and conclusive upon you and Ambit.

  • The accounting firm engaged to make the determinations hereunder shall provide its calculations, together with detailed supporting documentation, to you and Ambit within seven (7) business days after the date on which your right to a Payment is triggered (if requested at that time by you or Ambit) or at such earlier time as requested by you or Ambit.

  • If the accounting firm determines that no Excise Tax is payable with respect to a Payment, either before or after the application of the Reduced Amount, it shall furnish you and Ambit with an opinion reasonably acceptable to you that no Excise Tax will be imposed with respect to such Payment.

  • Any Success Fee to which you become entitled hereunder shall be paid in the same forms (i.e., in cash, stock and/or other property) and in the same proportions as the Aggregate Gross Proceeds are paid by the acquirer in such Covered Transaction to Ambit’s stockholders or Ambit, as applicable.

  • Any securities that are issued to you as part of a Success Fee payment will be subject to the same or similar restrictions as imposed by the acquiring company on the securities distributed to Ambit’s stockholders or Ambit, as applicable, on the terms set forth in the agreement pursuant to which the Covered Transaction occurs.

  • Except as provided in subsections (iii) and (iv) below, any Success Fee to which you become entitled hereunder shall be paid within ten (10) business days after the Aggregate Gross Proceeds are paid to Ambit’s stockholders and holders of options, warrants or other rights to Preferred or Common Stock Preferred or, in the case of an asset sale, are paid to Ambit, but in no event later than thirty (30) days following the Closing (defined below) of the Covered Transaction.

  • Ambit and you agree to arbitrate ALL DISPUTES AND CLAIMS between us.

Related to Ambit

  • ISIS means the department’s individualized services information system.

  • Merck has the meaning set forth in the preamble.

  • Lilly has the meaning set forth in the Preamble.

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • Novartis shall have the meaning set forth in the Preamble.