IC Representative definition
Examples of IC Representative in a sentence
The relationship of the Company and the Subsidiaries with each CPA firm or IC Representative is, to the Knowledge of the Company, without any unresolved material dispute with any such CPA firm or IC Representative, and, except as set forth on Schedule 4.25(b), to the Knowledge of the Company, no event has occurred that would reasonably be expected to have an adverse effect on the Company and the Subsidiaries’ relations with any CPA firm or IC Representative in any material respect.
Notwithstanding the foregoing, the IC may disclose Confidential Information to any Subcontractor or IC Representative that has a legitimate “need to know” the Confidential Information, provided that such Subcontractor or IC Representative is advised of the confidential/proprietary nature of such Confidential Information and is caused by the IC to observe the terms of this Confidentiality Agreement.
To the extent that, at law or in equity, a Director, ORCIC IC Representative, or OSTRS IC Representative has duties (including fiduciary duties) and liabilities relating to those duties to the Company or to any Member, the individual acting in good faith pursuant to the terms of this Agreement shall not be liable to the Company or to any Member for his or her good faith reliance on the provisions of this Agreement.
At such time as any Director, TCPC IC Representative, or Newtek IC Representative shall cease to devote substantially all of his or her professional time to the Company, the Member by whom he or she was appointed, and that Member’s Affiliates, the Director, TCPC IC Representative, or Newtek IC Representative, as applicable, shall be ineligible to serve in that capacity and must be replaced immediately by the Member by whom he or she was appointed.
The Treasurer/Collector of Taxes agrees that she shall not engage in outside business activities during business hours without the prior written approval of the Director of Municipal Finance and the Select Board.
The relationship of the Company and the Subsidiaries with each IC Representative is, to the Knowledge of the Company, without any unresolved material dispute with any such IC Representative, and, to the Knowledge of the Company, no event has occurred that would reasonably be expected to have an adverse effect on the Company and the Subsidiaries’ relations with any IC Representative in any material respect.
To the extent that, at law or in equity, a Director, THL Credit IC Representative, or Perspecta IC Representative has duties (including fiduciary duties) and liabilities relating to those duties to the Company or to any Member, the individual acting in good faith pursuant to the terms of this Agreement shall not be liable to the Company or to any Member for his or her good faith reliance on the provisions of this Agreement.
Each Member, TCPC IC Representative, and Newtek IC Representative and their respective designees may, in the name and on behalf of the Company, do all things which he, she, or it deems necessary, advisable, or appropriate to make investment opportunities available to the Company, to carry out and implement matters approved by Board Approval or Prior Investment Committee Approval, as applicable, and to administer the activities of the Company, including: i.
To the extent that, at law or in equity, a Director, Peak Rock IC Representative, or Newtek IC Representative has duties and liabilities relating to those duties to the Company or to any Member, the individual acting in good faith pursuant to the terms of this Agreement shall not be liable to the Company or to any Member for his or her good faith reliance on the provisions of this Agreement.
Each IC Representative is solely responsible for the payment of all federal, state and local Taxes, income or otherwise, and any contributions imposed or required under any federal or state laws regarding unemployment or social security, for all its respective employees.