Continuing Obligation definition
Examples of Continuing Obligation in a sentence
Standard maintenance of Public Improvements, in keeping with City’s existing practices, shall not be deemed a Continuing Obligation.
Developer must notify all affected City Agencies in writing and include a clear description of any Continuing Obligation, and each affected City Agency must approve the Continuing Obligation in writing in its sole discretion, before ▇▇▇▇▇▇▇▇▇ agrees to the Non-City Regulatory Approval and the Continuing Obligation.
Upon the City’s acceptance of any Public Improvements that has a Continuing Obligation that was approved as set forth above, the City will assume the Continuing Obligation and notify the Non-City Responsible Agency that gave the applicable Non-City Regulatory Approval of this fact.
In the event that Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason during the Change in Control Period, the post-termination non-solicitation restrictions of this Section 6 shall not be a Continuing Obligation and shall be rendered null and void with no effect, provided that Executive executes the Release and has not been found to be in breach of the remaining Continuing Obligations as of the date of each such payment.
Further, except as set forth in Section 3 of this Agreement, Employee will not knowingly or intentionally, directly or indirectly, orally, in writing or otherwise, make any disparaging statement or remark or damage or destroy the goodwill and esteem of the Company or any other Released Party (as defined below), and the foregoing obligation shall constitute a Continuing Obligation hereunder.