Source of Payments Clause Example with 9 Variations from Business Contracts

This page contains Source of Payments clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in IMAX CORP contract

Variations of a "Source of Payments" Clause from Business Contracts

Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, Agreement shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, established and no other segregation of assets shall be made, made to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To ...the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in 5 Contracts from 2 Companies
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in C-Bond Systems, Inc contract
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in CELADON GROUP INC contract
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, Company Group, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee Executive shall have no right, title or interest whatsoever in or to any investments which the Company Group may make to aid the Company Group in meeting its obligations here...under. To the extent that any person acquires a right to receive payments from the Company Group hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in 4 Contracts from Tuscan Holdings Corp.
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, Employer, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall You will have no right, title or interest whatsoever in or to any investments which Parent or the Company Employer may make to aid the Company Employer in meeting its obliga...tions hereunder. To the extent that any person acquires a right to receive payments from the Company Employer hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. Employer. View More
Found in FIRST ADVANTAGE CORP contract
Source of Payments. All payments provided under this Letter Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, Employer, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall You will have no right, title or interest whatsoever in or to any investments which the Company or the Employer may make to aid the Company Employer in meeting its ob...ligations hereunder. To the extent that any person acquires a right to receive payments from the Company Employer hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. Employer. View More
Found in FIRST ADVANTAGE CORP contract
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive 12 payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in Greenidge Generation Holdings Inc. contract
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in 7 Contracts from 2 Companies
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, Agreement shall be paid in cash from the general funds assets of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee Recipient shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To ...the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in Apache Corporation contract