Common use of No Bar Clause in Contracts

No Bar. Executive acknowledges and agrees that the existence of any claim or cause of action against the Bank shall not constitute a defense to the enforcement by the Bank of Executive’s covenants, obligations, or undertakings in this Agreement.

Appears in 10 contracts

Sources: Employment Agreement (TC Bancshares, Inc.), Employment Agreement (TC Bancshares, Inc.), Employment Agreement (TC Bancshares, Inc.)

No Bar. Executive acknowledges and agrees that the existence of any claim or cause of action against the Bank shall not constitute a defense to the enforcement by the Bank of Executive’s covenants, obligations, or undertakings in this AgreementRelease or any other agreement.

Appears in 7 contracts

Sources: Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.)