Restrictions on Payments. An employee shall not be entitled to payment for inclement weather as provided for in this clause unless the employee remains on the job until the provisions set out in this clause have been observed.
Restrictions on Payments. The obligation to pay royalties to KOSAN under this AGREEMENT shall be waived and excused to the extent that applicable statutes, laws, codes or government regulations in a particular country prevent such royalty payments; provided, however, in such event, if legally permissible, LICENSEE shall pay the royalties owed to KOSAN by depositing such amounts, to the credit and account of KOSAN or its nominee in any commercial bank or trust company of KOSAN's choice located in that country, prompt notice of which shall be given by ORTHO to KOSAN.
Restrictions on Payments payment in full of such amounts at all such offices is illegal or effectively precluded by exchange controls or other similar restrictions on payment or receipt of such amounts; and
Restrictions on Payments. The obligation to pay royalties under this ------------------------ Agreement shall be waived and excused to the extent that statutes, laws, codes or government regulations in a parti cular country prevent such royalty payments; provided, however, in such event, if legally permissible, Warner shall pay the royalties owed to GenVec by depositing such amounts in a bank account in such country that has been designated by GenVec and promptly report such payment to GenVec.
Restrictions on Payments. Neither Party is subject to any regulation or law (including sanctions) which would have the effect of prohibiting, or restricting or delaying in any material respect any payment that it is required to make or receive pursuant to the terms of this Agreement.
Restrictions on Payments. No Covenant Group Obligor shall, and each Covenant Group Obligor shall procure that no member of the UK Group shall, enter into any restrictions on the ability of any member of the UK Group to pay dividends, to make loans to, repay or prepay loans made by, or transfer assets to, the Borrower or any other member of the UK Group, except for (a) the restrictions set forth in the Senior Bank Credit Agreement as in effect on the Execution Date; (b) restrictions entered into in connection with the incurrence of Financial Indebtedness incurred pursuant to clause (i) or clause (m) of the definition of Permitted Indebtedness provided that such restrictions are no more restrictive than those set forth in the Senior Bank Credit Agreement as in effect on the Execution Date; (c) restrictions imposed by applicable law; and (d) customary non assignment provisions in leases entered into in the ordinary course of business and consistent with past practice.
Restrictions on Payments. Notwithstanding any other provision in this Section 15.6 to the contrary, Chiron’s right to sell, assign, sublicense or otherwise transfer its rights to the Chiron Interest to a Reasonable Buyer or any other Third Party subject to, and in accordance with, Section 15.6(b) without obtaining the consent of Cubist shall also be subject to the requirements and conditions that (i) such sale, assignment, sublicense or other transfer results in the transfer by Chiron of all of its then prospective economic rights in and to the Chiron Interest to such Reasonable Buyer or other Third Party, and (ii) in the event that any such sale, assignment, sublicense or other transfer calls for royalty payments, earn-out payments, milestone-based or performance-based payments or other payments of any kind to be made over time by such Reasonable Buyer or other Third Party to Chiron, the agreement between Chiron and such Reasonable Buyer or other Third Party shall stipulate a maximum aggregate dollar amount of royalty payments, earn-out payments, milestone-based or performance-based payments and/or other payments that such Reasonable Buyer or other Third Party shall pay to Chiron in connection with such sale, assignment, sublicense or other transfer of the Chiron Interest and shall also stipulate that from and after the sixth anniversary of the closing of any such sale, assignment, sublicense or other transfer such Reasonable Buyer or other Third Party shall have no further obligation to make any payments of any kind or pay any kind of consideration to Chiron in connection with such sale, assignment, sublicense or other transfer of the Chiron Interest.
Restrictions on Payments. BLE, PTE and any parent or affiliated company shall not declare or pay any dividend, distribution, or return of capital prior to the expiration of the term of the Concessionary Period. For the avoidance of doubt, the previous sentence shall not be construed to affect the ability of BLE to make payments of principal and interest in the ordinary course of business to its secured creditors.
Restrictions on Payments. Subject to clause 44, an employee shall be entitled to payment for inclement weather only if he or she remains on the job site and the procedure set forth in this clause has been observed.
