AGREEMENT OF EQUUS Sample Clauses

AGREEMENT OF EQUUS. 23 8.6 ENFORCEMENT................................................................. 24
Sample 1
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AGREEMENT OF EQUUS. In consideration of the agreements of Seller contained herein, Equus agrees that for a period of three years after the Closing Date, except with respect to (a) business activities of entities in which Equus, prior to the Closing Date, has an investment which does not constitute a majority or controlling interest and (b) its ownership in and operation of Buyer and the Companies, it will not directly or indirectly, engage or invest in, finance, own, manage, operate, control or participate in the ownership, management, operation or control of, any Competing Business. Equus hereby specifically acknowledges, agrees and represents to Seller that (a) the covenants and agreements of Equus contained in this section are necessary and essential to the protection of the business which will be conducted by the Companies, and to enable Seller to realize and derive all of the benefits, rights and expectations associated with this Agreement; (b) Seller will suffer great loss and irreparable harm if Equus directly or indirectly enters into any Competing Business in violation of this section; (c) the restrictions contained in this section are in all respects reasonable and necessary to protect the business, goodwill, trade secrets, prospects and other business interests of Seller in respect of the Companies; (d) the enforcement of this section will not work an undue or unfair hardship on Equus or otherwise be oppressive to it; (e) the enforcement of this section will not deprive the public of needed goods or services nor otherwise be injurious to the public; and (f) good, independent valuable consideration exists for the agreement of Equus to be bound by the covenants and agreements contained in this section.
Sample 1

Related to AGREEMENT OF EQUUS

  • Amendment of Employment Agreement The Employment Agreement is hereby amended as follows:

  • AGREEMENT OF THE PARTIES The language used in this Agreement will be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party hereto. Neither Executive nor the Company shall be entitled to any presumption in connection with any determination made hereunder in connection with any arbitration, judicial or administrative proceeding relating to or arising under this Agreement.

  • Termination Agreement (1) If the Franchise Agreement shall be terminated due to the expiration, both parties shall sign a Termination Agreement through negotiation completed 180 days prior to the expiration date.

  • Transition Agreement At Closing, Buyer and Seller shall execute the applicable Transition Agreements.

  • Agreement of Parties The Seller and the Purchaser each agree to execute and deliver such instruments and take such actions as either of the others may, from time to time, reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement and the Pooling and Servicing Agreement.

  • Assignment of this Agreement This letter agreement is personal to you and shall not be assignable by you without the prior written consent of Xxxxx & XxXxxxxx Companies. This letter agreement shall inure to the benefit of and be binding upon the Company and its respective successors and assigns. Xxxxx & XxXxxxxx Companies may assign this letter agreement, without your consent, to any member of the Affiliated Group or to any other respective successor (whether directly or indirectly, by agreement, purchase, merger, consolidation, operation of law or otherwise) to all, substantially all or a substantial portion of the business and/or assets of the Company, as applicable. If and to the extent that this letter agreement is so assigned, references to the “Company” throughout this letter agreement shall mean the Company as hereinbefore defined and any successor to, or assignee of, its business and/or assets.

  • Effect of Employment Agreement Notwithstanding any provision herein to the contrary, in the event of any inconsistency between this Section 6 and any employment agreement entered into by and between you and the Company, the terms of the employment agreement shall control.

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

  • Termination of License Agreement Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.

  • AGREEMENT The parties agree as follows:

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