Common use of Liability of Company Clause in Contracts

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use commercially reasonable efforts to obtain all such approvals.

Appears in 8 contracts

Samples: Associated Banc-Corp, Restricted Stock Agreement (Associated Banc-Corp), Restricted Stock Agreement (Associated Banc-Corp)

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Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares Restricted Stock pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares Restricted Stock as to which such approval shall not have been obtained. HoweverThe Company, the Company however, shall use commercially reasonable its best efforts to obtain all such approvals.

Appears in 4 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Career Education Corp), Restricted Stock Agreement (Career Education Corp)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Restricted Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Restricted Shares as to which such approval shall not have been obtained. HoweverThe Company, the Company however, shall use commercially reasonable its best efforts to obtain all such approvals.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Ebix Inc), Restricted Stock Agreement (Ebix Inc)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares Restricted Stock pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares Restricted Stock as to which such approval shall not have been obtained. However, the Company shall use commercially its reasonable best efforts to obtain all such approvals.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Diamond Resorts International, Inc.), Restricted Stock Agreement (Diamond Resorts International, Inc.)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer sale of any Shares common stock pursuant to this Agreement Option shall relieve the Company of any liability with respect to the non-issuance or transfer sale of the Shares common stock as to which such approval shall not have been obtained. HoweverThe Company, the Company however, shall use commercially reasonable its best efforts to obtain all such approvals.

Appears in 2 contracts

Samples: Common Stock Option Agreement (Svi Holdings Inc), Common Stock Option Agreement (Svi Holdings Inc)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use commercially its reasonable best efforts to obtain all such approvals.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Diamond Resorts International, Inc.), Deferred Stock Agreement (Diamond Resorts International, Inc.)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer sale of any Shares Common Stock pursuant to this Agreement option shall relieve the Company of any liability with respect to the non-issuance or transfer sale of the Shares Common Stock as to which such approval shall not have been obtained. HoweverThe Company, the Company however, shall use commercially reasonable its best efforts to obtain all such approvals.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Giga Tronics Inc), Nonstatutory Stock Option Agreement (Giga Tronics Inc)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use commercially reasonable its best efforts to obtain all such approvals.

Appears in 1 contract

Samples: Restricted Stock Agreement (Career Education Corp)

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Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use commercially reasonable its best efforts to obtain all such approvals.. 2011 Form Restricted Stock Agreement 3-Year Cliff and Performance Vesting Non-California and Non-Attorneys

Appears in 1 contract

Samples: Restricted Stock Agreement (Career Education Corp)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Restricted Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Restricted Shares as to which such approval shall not have been obtained. However, the Company shall use commercially reasonable efforts to obtain all such approvals.

Appears in 1 contract

Samples: Restricted Stock Agreement (Bio Logic Systems Corp)

Liability of Company. The inability of the Company to obtain approval authority from any regulatory body having jurisdiction, which authority is deemed by the Company Company's counsel to be necessary to the lawful issuance and transfer sale of any Shares pursuant to this Agreement hereunder, shall relieve the Company of any liability with in respect to the non-issuance or transfer of the failure to issue or sell such Shares as to which such approval requisite authority shall not have been obtained. However, the Company shall use commercially reasonable efforts to obtain all such approvals.

Appears in 1 contract

Samples: 1996 Nonstatutory Stock Option Plan and Stock Option Agreement (Metatools Inc)

Liability of Company. The inability of the Company to obtain approval authority from any regulatory body having jurisdiction, which authority is deemed by the Company Company’s counsel to be necessary to the lawful grant or any Award or the issuance and transfer sale of any Shares pursuant to this Agreement hereunder, shall relieve the Company Company, its officers, Directors and Employees of any liability with in respect to the non-issuance or transfer of the failure to grant such Award or to issue or sell such Shares as to which such approval requisite authority shall not have been obtained. However, the Company shall use commercially reasonable efforts to obtain all such approvals.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Superior Industries International Inc)

Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and transfer of any Shares pursuant to this Agreement shall relieve the Company of any liability with respect to the non-issuance or transfer of the Shares as to which such approval shall not have been obtained. However, the Company shall use commercially reasonable efforts to obtain all such approvals.. Form Restricted Stock Unit Agreement (Performance-Based Vesting)

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Associated Banc-Corp)

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