Termination Pursuant to Sections 8 Sample Clauses

Termination Pursuant to Sections 8. 4 and 8.5.
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Termination Pursuant to Sections 8. 4 and 8.5. In the event of termination of the Executive’s employment by the Company other than for Cause pursuant to Section 8.4 or the Executive’s termination of employment for Good Reason pursuant to Section 8.5, then in addition to providing Final Compensation the Company shall continue to pay to the Executive his then-current Base Salary during the twelve (12) month period following the date of termination and, subject to any employee contribution applicable to the Executive on the date of termination, the Company shall continue to contribute to the premium cost of the Executive’s participation in the Company’s group medical and dental plans for one year following the termination of the Executive’s employment, provided that the Executive is entitled to continue such participation under the federal law known as “COBRA” and timely elects to do so. After the Company’s contributions end, the Executive may continue coverage for the balance of the continuation period provided under COBRA, by paying the full premium cost plus a small administrative fee.
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Termination Pursuant to Sections 8. 2 and 8.3. In the event that the Executive’s employment is terminated pursuant to Section 8.2 or Section 8.3, he shall not be entitled to any compensation other than Final Compensation.
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Termination Pursuant to Sections 8. 0 XXX 0.3. In the event that the Executive's employment is terminated pursuant to Section 8.2 (Resignation other than for Good Reason) or Section 8.3 (Termination for Cause), then he shall not be entitled to any compensation other than his then current Base Salary which has accrued through the date of termination and shall otherwise not be entitled to any additional compensation.
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Termination Pursuant to Sections 8. 4 AND 8.5. In the event that the Executive's employment is terminated pursuant to Section 8.4 (Termination Without Cause) or Section 8.5 (Resignation for Good Reason), the Company shall continue to pay to the Executive his periodic Base Salary during the 18 month period following the date of termination of employment, provided, however, that beginning 12 months following the date of termination of employment the amount the Company shall pay to the Executive will be off-set by earnings by the Executive from any employment at a non-Competing Business during such period, and provided, further, that if the Executive begins employment with a Competing Business in violation of Section 7.1(b), the Company will have no obligation to pay the Executive any amount under this Section 5.3. Notwithstanding the foregoing, in the event that the Executive's employment is terminated pursuant to Section 8.5(iv), the Company shall continue to pay to the Executive his periodic Base Salary during the 12 month period following the date of termination of employment, provided, that beginning the date of termination of employment the amount the Company shall pay to the Executive will be off-set by earnings by the Executive from any employment at a non-Competing Business during such period, and provided, further, that if Executive begins employment with a Competing Business in violation of Section 7.1(b), the Company will have no obligation to pay the Executive any amount under this Section 5.3. The right to receive payment of such amounts shall constitute the Executive's sole and exclusive remedy against the Company in connection with a termination of employment pursuant to Section 8.4 or 8.5. The obligation of the Company to make payments to the Executive as required under Section 5.2 or this Section 5.3 is conditioned upon the Executive signing a release of claims in the form attached hereto as Exhibit A (the "RELEASE") within 21 days of the date on which the Executive receives or gives, as applicable, notice of termination of employment and upon the Executive not revoking the Release thereafter.
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Related to Termination Pursuant to Sections 8

  • Pursuant to Section 6 2(a) of the Collateral Agency Agreement and subject to the conditions set forth in Section 13.1(b), the Initial Beneficiary hereby designates a portion of the Closed-End Units included in the Revolving Pool for allocation to a new Reference Pool, referred to as the "20[ ]-[ ] Reference Pool," within the Closed-End Collateral Specified Interest. Upon the effectiveness of this Exchange Note Supplement, the Initial Beneficiary shall direct the Titling Trustee and the Closed-End Collateral Agent to allocate or cause to be identified and allocated on their respective books and records the "20[ ]-[ ] Reference Pool," to be separately accounted for and held in trust independently from any other Asset Pool. Such Reference Pool shall initially include the Closed-End Units identified on Schedule 1 to this Exchange Note Supplement, which Closed-End Units shall belong exclusively to the 20[ ]-[ ] Reference Pool, and all other Titling Trust Assets to the extent related to such Closed-End Units (other than cash which does not constitute Closed-End Collections received after the Cut-Off Date, as specified in Section 13.2(a)(iii)); provided, that, any Closed-End Collections received on or prior to the Cut-Off Date for any such Closed-End Units identified on Schedule 1 shall not be allocated to the 20[ ]-[ ] Reference Pool.

  • Pursuant to Section 9 02 of the ------------ -------------------------- Existing Indenture, Section 10.01 of the Existing Indenture is hereby amended and restated in its entirety to read as follows:

  • Pursuant to Section 4 01, any amounts collected by a Servicer or the Master Servicer under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the related Servicing Agreement) shall be deposited into the Distribution Account, subject to withdrawal pursuant to Section 4.03. Any cost incurred by the Master Servicer or the related Servicer in maintaining any such insurance (if the Mortgagor defaults in its obligation to do so) shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Sections 4.01 and 4.03.

  • Pursuant to Section 3 03 of the Indenture Supplement, on each Distribution Date, the Indenture Trustee shall deposit into the Class A(2017-6) Interest Funding sub-Account the portion of Card Series Finance Charge Amounts allocable to the Class A(2017-6) Notes.

  • Pursuant to Section 5 10 of the Credit Agreement, each Subsidiary Loan Party of the Borrower that was not in existence or not such a Subsidiary Loan Party on the date of the Credit Agreement is required to enter into the Guarantee Agreement as Guarantor upon becoming such a Subsidiary Loan Party. Upon the execution and delivery, after the date hereof, by the Administrative Agent and such Subsidiary of an instrument in the form of Annex I hereto, such Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor hereunder. The execution and delivery of any instrument adding an additional Guarantor as a party to this Agreement shall not require the consent of any Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

  • Pursuant to Section 2.1 of this Agreement, the Seller conveyed to the Trust all of the Seller’s right, title and interest in its rights and benefits, but none of its obligations or burdens, under the Purchase Agreement including the Seller’s rights under the Purchase Agreement and the delivery requirements, representations and warranties and the cure or repurchase obligations of AmeriCredit thereunder. The Seller hereby represents and warrants to the Trust that such assignment is valid, enforceable and effective to permit the Trust to enforce such obligations of AmeriCredit under the Purchase Agreement. Any purchase by AmeriCredit pursuant to the Purchase Agreement shall be deemed a purchase by the Seller pursuant to this Section 3.2 and the definition of Purchased Receivable.

  • Pursuant to Section 2 1.(b) of the Credit Agreement, the Borrower hereby requests that the Lenders make Revolving Loans to the Borrower in an aggregate principal amount equal to $ .

  • Amendment to Section 8 6(c). Section 8.6(c) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 6 11. Section 6.11 is hereby amended in its entirety to read as follows:

  • Amendment to Section 9 04(a). Section 9.04(a) is hereby amended and restated in its entirety to read as follows:

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