Common use of Acknowledgment by Company Clause in Contracts

Acknowledgment by Company. The Company covenants and agrees not to make any distribution or payment to the Subordinated Creditor in violation of the terms of this Agreement.

Appears in 3 contracts

Samples: Subordination Agreement (Bakers Footwear Group Inc), Subordination Agreement (Bakers Footwear Group Inc), Intercreditor and Subordination Agreement (Bakers Footwear Group Inc)

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Acknowledgment by Company. The Company covenants and agrees not to make any distribution or payment to the any Subordinated Creditor in violation of the terms of this Agreement.

Appears in 3 contracts

Samples: Subordination Agreement (Bakers Footwear Group Inc), Subordination Agreement (Bakers Footwear Group Inc), Subordination Agreement (Bakers Footwear Group Inc)

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