Affirmative Covenants of Area Sample Clauses

Affirmative Covenants of Area. 28 7.4 Negative Covenants of Area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 7.5 Adverse Changes in Condition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 7.6 Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 ARTICLE 8
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Affirmative Covenants of Area. Unless the prior written consent of Cardinal shall have been obtained, and except as otherwise contemplated herein, (a) Area shall, and shall cause each of its Subsidiaries, from the date of this Agreement until the Effective Time or termination of this Agreement: (i) to operate its business in the usual, regular and ordinary course; (ii) to preserve intact its business organization and Assets and maintain its rights and franchises; (iii) to use its reasonable efforts to cause its representations and warranties to be correct at all times; (iv) to take no action which would (A) adversely affect the ability of any Party to obtain any Consents required for the transactions contemplated hereby without imposition of a condition or restriction of the type referred to in the last sentence of Section 9.1(b) or 9.1(c) of this Agreement or (B) adversely affect in any material respect the ability of either Party to perform its covenants and agreements under this Agreement; and (b) Area shall cause Interim to be organized as a Kentucky corporation wholly-owned by Area, shall cause Interim to execute an agreement of merger and any related documents with Cardinal in a form to be mutually agreed upon by the Parties hereto, and shall vote all of the issued and outstanding shares of Interim common stock held by Area in favor of the Merger.

Related to Affirmative Covenants of Area

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • Affirmative Covenants of the Company The Company hereby covenants and agrees as follows:

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • AFFIRMATIVE COVENANTS OF BORROWER Borrower agrees with and covenants unto Lender that until the Loan Obligations have been paid in full, Borrower shall:

  • AFFIRMATIVE COVENANTS OF THE BORROWERS The Borrowers jointly and severally covenant and agree that, so long as any Loan or Note is outstanding or the Banks have any obligation to make Loans or the Agent has any obligation to issue, extend, or renew any Letters of Credit hereunder:

  • Affirmative Covenants of the Seller From the date hereof until the Collection Date:

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Other Affirmative Covenants The Company shall:

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