RSCVA definition
Examples of RSCVA in a sentence
Therefore, the Parties agree that no adequate remedy exists at law if this Section is breached by any of WMTC, RSCVA, NCW, GTG, and GT, and it would be difficult to determine the amount of damages resulting therefrom, and that such breach would cause irreparable injury to each of the Counties.
Notwithstanding any provision of this Agreement to the contrary, each reference to the Company shall apply to each of WTMC, RSCVA, RiverStreet, NCW, GTG, and GT.
The obligations and liabilities agreed to by the Company pursuant to this Agreement shall be joint and several obligations and liabilities of each of WTMC, RSCVA, RiverStreet, NCW, GTG, and GT.
For the purposes of clarification, and without in any way limiting the obligations of any of WTMC, RSCVA, RiverStreet, NCW, GTG, and GT to guarantee and be liable for the obligations of the Company pursuant to this Agreement, only those entities which are licensed with the Virginia State Corporation Commission shall engage in activity which would require licensure with the Virginia State Corporation Commission pursuant to this Agreement.
If RSCVA finds Employee to be Disabled within the meaning of this Agreement, then subject to the provisions of Section 3.2.4.1, Employee’s employment and the right to compensation may, at the direction of Board of Directors of RSCVA, terminate upon the expiration of the Determination Period; however, any commercially funded disability insurance benefit shall continue to the extent provided under such insurance contract notwithstanding such termination.
In the event of Employee’s disability, RSCVA shall continue to pay Employee his Salary computed at the rate in effect prior to the commencement of the Determination Period (as defined herein) during the Determination Period.
On or before the May 2021 Board Meeting, and for each May Board Meeting thereafter while employed as the RSCVA CEO Employee shall present proposed goals to be achieved in Fiscal Year 2021-2022 to the Board for approval.
Employee recognizes that by reason of performing services for RSCVA, Employee may acquire confidential information and trade secrets concerning the operation of RSCVA, the use or disclosure of which could cause RSCVA substantial loss and damages that could be readily calculated and for which no remedy at law would be adequate.
The RSCVA represents that it is currently on schedule and on budget to complete the remaining three Facility Upgrades and Renovations in accordance with the provisions of the Agreement.
RSCVA hereby employs Employee, and Employee hereby accepts employment by the RSCVA, as RSCVA’s President and Chief Executive Officer with full authority for the management of RSCVA’s affairs, including and without limitation those duties, services and requirements set forth in Exhibit A attached hereto and incorporated herein by reference, and subject to the limitations specified by statute, ordinance, regulation, resolution action of RSCVA’s Board of Directors or other governing documents of RSCVA.