The Principal Amount of this Note shall incur interest beginning on the Maturity Date at the rate of two percent (2%), per annum, calculated daily, in arrears, based on a 365 day year, which shall be payable in cash upon demand.
Interest. The Companies agree to pay to the Lender interest on the outstanding amount of the Facility at the rate of 1.5% per month (18% per annum).
Interest. No interest shall accrue on the unpaid principal balance of this Note.
Interest. The Principal Amount shall bear interest at a per annum rate of five percent (5%) from this date until paid.
if and as subsequently requested by Legacy in writing, Primary and its Affiliates shall transfer and assign to Legacy all right, title, and interest in all inventory of finished CDCs, Derivatives thereof, and Primary Royalty Products and CDCs, Derivatives thereof, and Primary Royalty Products in the process of manufacture (except to the extent any of the foregoing may be sold by Primary or its Affiliates pursuant to [Section 12.8(b)(vi)]), Primary Product Trademarks, Primary Product-Related Materials, and Regulatory Filings and regulatory approvals owned by Primary or any Affiliate thereof concerning any CDCs, Derivatives thereof, or Primary Royalty Products;
If any primary Beneficiary is someone other than the deceased Owner’s spouse, the primary Beneficiary will become the Annuitant and the remaining interest in the Contract must be distributed to the Beneficiary:
Your medical coverage begins on your first day of employment. You will receive information from our Employee Service Center within 10 days of your start date that provides directions on enrolling for your benefits coverages. In the interim, if you need medical attention, you will be covered under a basic benefit plan which consists of medical, long-term disability, and non-contributory life insurance.
Severability. Any provision of this Amendment held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.
Severability. If one or more provisions of the Notice or this Agreement are held to be unenforceable under applicable law, then such provision will be enforced to the maximum extent possible given the intent of the parties hereto. If such clause or provision cannot be so enforced, then # such provision shall be excluded from the Notice or this Agreement, as applicable, # the balance of the Notice and this Agreement shall be interpreted as if such provision were so excluded and # the balance of the Notice and this Agreement shall be enforceable in accordance with their terms.
Severability. It is the intention of the parties to restrict the activities of Executive only to the extent reasonably necessary for the protection of ’s legitimate interests. The parties specifically covenant and agree that should any of the provisions in this Agreement be deemed by a court of competent jurisdiction too broad for the protection of ’s legitimate interests, the parties authorize the court to narrow, limit or modify the restrictions herein to the extent reasonably necessary to accomplish such purpose. In the event such limiting construction is impossible, such invalid or unenforceable provision shall be deemed severed from this Agreement and every other provision of this Agreement shall remain in full force and effect.
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