Example ContractsClausesCompliance With Recoupment, Ownership and Other Policies or Agreements
Compliance With Recoupment, Ownership and Other Policies or Agreements
Compliance With Recoupment, Ownership and Other Policies or Agreements contract clause examples
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Other Agreements. The Healthtech Parties will comply with all terms and conditions of all other agreements, whether now or hereafter existing, between the Borrower and any other party and notify the Lender immediately, in writing, of any default in connection with any other such agreements.

Other Agreements. There is, under any agreement to which a Co-Borrower or any Guarantor is a party with a third party or parties, # any default resulting in a right by such third party or parties, whether or not exercised, to accelerate the maturity of any Indebtedness in an amount individually or in the aggregate in excess of Five Hundred Thousand Dollars ($500,000); or # any breach or default by a Co-Borrower or Guarantor, the result of which could reasonably be expected to have a material adverse effect on such Co-Borrower’s or any Guarantor’s business;

No Borrower will, and no Borrower will permit any of the other Loan Parties to, enter into any amendment, waiver or modification of any Junior Lien Document or any related agreements except as permitted under the Intercreditor Agreement.

Each [[Organization C:Organization]] agrees that it shall not, without the express consent of [[Organization B:Organization]], and that it shall, to the extent it is lawfully entitled to do so, upon the request of [[Organization B:Organization]], set off against the Obligations, any amounts owing by such [[Organization C:Organization]] to any Loan Party or any deposit accounts of any Loan Party now or hereafter maintained with such [[Organization C:Organization]]. Anything in this Agreement to the contrary notwithstanding, each [[Organization C:Organization]] further agrees that it shall not, unless specifically requested to do so by [[Organization B:Organization]], take any action to protect or enforce its rights arising out of this Agreement or the Other Documents, it being the intent of Lenders that any such action to protect or enforce rights under this Agreement and the Other Documents shall be taken in concert and at the direction or with the consent of [[Organization B:Organization]] or Required Lenders.

Other Agreements. Consultant hereby represents that Consultant is not a party to any other agreements or commitments that would hinder Consultant’s performance of the Services, other than those disclosed to Company in advance of the execution of this Agreement. During the term of this Agreement, Consultant agrees not to engage in consulting or the delivery of any other services or business activity which would interfere with the performance of the Services by Consultant.

Awards granted under this Plan may be subject to performance conditions, and other requirements, as reflected in any applicable reduction, recoupment, cancellation, malus or clawback policies, practices or provisions, or such other agreements, plans, policies or provisions, of the Company, as in effect from time to time, and any applicable reduction, recoupment, cancellation, malus or clawback requirements imposed under Applicable Laws, Policies, and Expectations, including but not limited to the Clawback and Forfeiture Policy.

Compliance with Company Policies. At all times while serving as a member of the Board, the [[Organization A:Organization]] Designees, in their capacity as individuals and not in any other capacity, shall comply with all policies, procedures, processes, codes, rules, standards and guidelines applicable to Board members, including the Company’s code of business conduct and ethics, securities trading policies, anti-hedging policies, Regulation FD-related policies, director confidentiality policies and corporate governance guidelines, and preserve the confidentiality of Company business and information, including discussions or matters considered in meetings of the Board or Board committees.

Notwithstanding any other provisions of the Plan, Payments may be made subject to any compensation recoupment policy adopted by the Board or the Committee at any time prior to or after the effective date of the Plan, and as such policy may be amended from time to time after its adoption. The compensation recoupment policy shall be applied to any Payment that constitutes the deferral of compensation subject to Code Section 409A in a manner that complies with the requirements of Code Section 409A.

Recoupment. Compensation under this plan will be subject to any claw back policy adopted by the Board of Directors, including, without limitation, by adjusting, recouping or forfeiting any awards made or paid under this Plan to executive officers during the past 36 months where the payment or award was predicated upon the achievement of certain financial results that were subsequently subject of a restatement.

Recoupment. Notwithstanding any provision in the Plan to the contrary, the Plan and all payments made hereunder shall be subject to any compensation recovery and/or recoupment policy adopted and amended from time to time by the Company to comply with applicable law, including, without limitation, the Dodd Frank Wall Street Reform and Consumer Protection Act, or to comport with good corporate governance practices.

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