Level of Commitment Clause Samples

Level of Commitment. The role of the Board is to set policy direction for the organisation and to oversee its operations at high level. Generally, a Director of the organisation should be prepared to commit a minimum of 6-­‐8 hours per month to the role. Some Directors may volunteer in other capacities at the Station in which case such activities should be undertaken in the context of all volunteer programs at the Station and are to be considered to be outside of the responsibilities as a Director.
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Level of Commitment. The Company and Employee agree that Employee is intended to serve in a full-time capacity in his role with the Company, but acknowledge that Employee may be required to provide a staged transition to his current employer, the ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Cancer Research Center (“FHCRC”), between the Start Date and July 1, 2020 (the “Transition Period”). In the event that Employee is not able to perform his duties to the Company on a full-time basis during some or all of the Transition Period, then Employee agrees that his Base Salary (as defined below) and Annual Bonus (as defined below) shall be reduced commensurate with the reduced schedule he is working for the Company during the Transition Period. Employee agrees that he will be working for the Company in a full-time capacity no later than July 1, 2020.
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Level of Commitment. Notwithstanding anything to the contrary in this Section 2 or elsewhere in this Agreement, in no event shall the Liquidity Provider be required to make funds available to the Authorized Representative, Tender Agent, or otherwise advance funds or purchase Remaining Bonds (i) if (a) such action would reduce the Available Commitment below zero or (b) immediately prior to such action the Available Commitment is zero or less, (ii) if such action would exceed the Daily Commitment or (iii) after the Final Date.
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Level of Commitment. Throughout the year, the Town Crier is expected to support civic events, support the Mayoralty at various events and perform cries throughout the year promoting various events being held within the Borough. The amount of time to be devoted will be whatever is considered mutually appropriate to create a credible role as Town Crier.
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Related to Level of Commitment

  • STAFF COMMITMENT If this Settlement Agreement is accepted by the Hearing Panel, Staff will not initiate any proceeding under the By-laws of the MFDA against the Respondent in respect of the facts set out in Part IV and the contraventions described in Part V of this Settlement Agreement, subject to the provisions of Part IX below. Nothing in this Settlement Agreement precludes Staff from investigating or initiating proceedings in respect of any facts and contraventions that are not set out in Parts IV and V of this Settlement Agreement or in respect of conduct that occurred outside the specified date ranges of the facts and contraventions set out in Parts IV and V, whether known or unknown at the time of settlement. Furthermore, nothing in this Settlement Agreement shall relieve the Respondent from fulfilling any continuing regulatory obligations.

  • Increase of Commitment Increase the amount of the Revolving Credit Commitment of any Lender hereunder without the consent of such Lender;

  • Reduction of Commitment On the last Trading Day of each Pricing Period, the Investor’s Total Commitment under this Agreement automatically (and without the need for any amendment to this Agreement) shall be reduced, on a dollar-for-dollar basis, by the total amount of the Fixed Request Amount and the Optional Amount Dollar Amount, if any, for such Pricing Period paid to the Company at the Settlement Date.

  • Increase of Commitments (a) The Company and any one or more Banks (including New Banks) may, at any time when no Default or Event of Default has occurred and is continuing, agree that such Banks shall make, obtain or increase the amount of their Commitments by executing and delivering to the Agent an Increased Commitment Notice specifying (i) the amount of such increase and (ii) the applicable Increased Commitment Closing Date. Notwithstanding the foregoing, (i) without the consent of the Required Banks, the aggregate amount of increased Commitments obtained after the Closing Date pursuant to this paragraph, together with any increase of commitments under the 5-Year Revolving Facility (or any facility that replaces or refinances the 5-Year Revolving Facility), shall not exceed $750,000,000 and (ii) without the consent of the Agent, each increase effected pursuant to this paragraph shall be in a minimum amount of at least $10,000,000. No Bank shall have any obligation to participate in any increase described in this paragraph unless it agrees to do so in its sole discretion. (b) Any additional bank, financial institution or other entity which, with the consent of the Company and the Agent (which consents shall not be unreasonably withheld or delayed), elects to become a “Bank” under this Agreement in connection with any transaction described in subsection 2.21(a) shall execute a New Bank supplement, substantially in the form of Exhibit J-1, whereupon such bank, financial institution or other entity (a “New Bank”) shall become a Bank for all purposes and to the same extent as if originally a party hereto and shall be bound by and entitled to the benefits of this Agreement. (c) Initial Loans made under any such increased Commitments shall be made pursuant to funding procedures then agreed to by the Company and the Agent (including as to the initial interest applicable to such Loans), and payments of principal, interest and fees under this Agreement shall be made by the Company to give effect to such procedures and the timing of such increased Commitments. Payments to the Banks in respect of the Loans will be made to give effect to the allocations or reallocations described in this subsection.

  • Termination of Commitment On the service of a notice under paragraph (a) of Clause 18.2, the Commitment and all other obligations of the Lender to the Borrower under this Agreement shall terminate.