Common use of Acquisition Documents Clause in Contracts

Acquisition Documents. (a) The Company shall promptly pay all amounts payable to the Vendor under the Acquisition Documents as and when they become due (except to the extent that any such amounts are being contested in good faith by a member of the Group and where adequate reserves are set aside for any such payment). (b) The Company shall, (and the Company will procure that each relevant member of the Group will), take all reasonable and practical steps to preserve and enforce its rights (or the rights of any other member of the Group) and pursue any claims and remedies arising under any Acquisition Documents.

Appears in 3 contracts

Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

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Acquisition Documents. (a) 21.12.1 The Company shall promptly pay all amounts payable to the Vendor under the Acquisition Documents as and when they become due (except to the extent that any such amounts are being contested in good faith by a member of the Group Company and where adequate reserves are set aside for any such payment)}. (b) 21.12.2 The Company shall, (and the Company will procure that each relevant member of the Group Company will)}, take all reasonable and practical steps to preserve and enforce its rights (or the rights of any other member of the GroupGroup Company) and pursue any claims and remedies arising under any Acquisition Documents.

Appears in 1 contract

Samples: Single Currency Term Loan Facility Agreement (Evolving Systems Inc)

Acquisition Documents. (a) 27.13.1 The Company shall promptly pay all amounts payable to the Vendor Vendors under the Acquisition Documents as and when they become due (except to the extent that any such amounts are being contested in good faith by a member of the Group and where adequate reserves are set aside for any such payment). (b) 27.13.2 The Company shall, shall (and the Company will shall procure that each relevant member of the Group will), Group) take all reasonable and practical steps to preserve and enforce its rights (or the rights of any other member of the Group) and pursue any claims and remedies arising under any Acquisition DocumentsDocuments having regard to the commerciality thereof.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Acquisition Documents. (a) The Company shall promptly pay all amounts payable to the Vendor under the Acquisition Documents as and when they become due (except to the extent that any such amounts are being contested in good faith by a member of the Group and where adequate reserves are set aside for any such paymentCompany). (b) The Company shall, (and the Company will procure that each relevant member Group Company will, to the extent the directors of the Group will)Company, acting reasonably, consider it commercially advantageous and appropriate to do so, take all commercially reasonable and practical steps to preserve and enforce its rights (or the rights of any other member of the GroupGroup Company) and pursue any claims and remedies arising under any Acquisition DocumentsDocument.

Appears in 1 contract

Samples: Term and Revolving Facilities Agreement (ShangPharma Corp)

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Acquisition Documents. (a) The Company shall promptly pay (or shall procure that there is promptly paid) all amounts payable to by the Vendor Company (or any member of the Group) under the Acquisition Documents as and when they the same become due (except save to the extent that any such amounts are being contested in good faith by a member of the Group in good faith and where adequate reserves are set aside being maintained for any such payment). (b) The Company shallmust take, (and the Company will must procure that each relevant member of the Group will)takes, take all commercially reasonable and practical steps to preserve protect, maintain and enforce its rights (or the rights of any other member of the Group) and pursue any material claims and or remedies arising it has under any the Acquisition Documents.

Appears in 1 contract

Samples: Credit Agreement (Warp Technology Holdings Inc)

Acquisition Documents. (a) The Company Borrower shall promptly pay all amounts payable to the Vendor vendor under the any relevant Acquisition Documents as and when they become due (except to the extent that any such amounts are being contested in good faith by a member of the Group and where adequate reserves are set aside for any such payment). (b) The Company Borrower shall, (and the Company Borrower will procure that each relevant member of the Group will), take all reasonable and practical steps to preserve and enforce its rights (or the rights of any other member of the Group) and pursue any claims and remedies arising under any Acquisition Documents.

Appears in 1 contract

Samples: Single Currency Term Facility Agreement (General Geophysics Co)

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