Certain Existing Agreements Sample Clauses
The 'Certain Existing Agreements' clause identifies and addresses the status of contracts or agreements that are already in place prior to the execution of the current agreement. It typically specifies whether these prior agreements will remain in effect, be superseded, or be integrated into the new contract. For example, it may clarify that certain supplier contracts or service agreements continue unchanged, or that previous arrangements are now replaced by the new terms. This clause ensures clarity regarding the relationship between old and new agreements, preventing conflicts or misunderstandings about which terms govern the parties' relationship.
Certain Existing Agreements. 11 SECTION 3.18. Financial Information............................12 SECTION 3.19. Disclosure.......................................12 SECTION 3.20. Investment Company Act...........................12 SECTION 3.21. Brokers..........................................12 ARTICLE IV
Certain Existing Agreements. From and after the Effective Time, --------------------------- the Surviving Corporation shall honor, pay and perform all obligations under each employment, severance and special termination agreement with any employee of the Company or any Subsidiary in accordance with the terms thereof in effect as of the date hereof (or as the same may be amended from time to time hereafter, with the prior written approval of the Surviving Corporation).
Certain Existing Agreements. Except as disclosed in any document or report filed by the Issuer with the Securities and Exchange Commission or on SCHEDULE 3.17 hereto, as of the date hereof and as of the Closing Date: (i) there are and will be no agreements providing for encumbrances or restrictions that would be grandfathered under Section XI(C) of the Certificates of Designations, (ii) there is and will be no outstanding Indebtedness that would be grandfathered under Section XI(A)(a) of the Certificates of Designations, and (iii) there are and will be no agreements with any Affiliate (as defined in the Certificates of Designations) or any stockholder agreements (including registration rights agreements or related purchase agreements) that would be grandfathered pursuant to Section XI(E) of the Certificates of Designations.
Certain Existing Agreements. The parties agree that, upon the consummation of the Closing, all of the following agreements shall be deemed terminated and of no further force or effect: Stockholders' Agreement dated as of May 19, 2006 between CC1, the Company and the Buyer; Put/Call Agreement dated as of May 19, 2006 between the Company, CC1 and the Buyer; and letter agreement dated May 19, 2006 among Buyer, Hair Club Group, Inc. and Cameron Capital Corporation regarding hair therapy arrangements (collectively, the "Existing Agreements"). Furthermore, the parties hereto hereby consent to the sale and purchase of the Shares pursuant to the terms and conditions of this Agreement pursuant to any provisions of the Existing Agreements that require any such consent.
Certain Existing Agreements