Corporation Covenant Sample Clauses

Corporation Covenant. Immediately following the Class B Conversion Time, the Corporation will give notice to Dutchco of its intention to exercise the Class E Redemption Right and the Class F Redemption Right as provided in the share provisions for the Class E Shares and the Class F Shares and this Agreement shall constitute good and valid notice by the Corporation to Dutchco of its intention to exercise such redemptions.

Corporation Covenant. If and for so long as the Company has in effect a valid election to be treated as an "S" corporation under the Internal Revenue Code, University agrees that it will not:

Corporation Covenant. So as to enable the exercise of the redemption rights of the holders of shares of Series A Convertible Preferred Stock in this Section 4, the Corporation shall, and shall cause its subsidiaries to, comply with all reporting requirements and document delivery requirements contained in the Senior Credit Facilities, make all requisite certifications under the Senior Credit Facilities, and take all such further actions as may be reasonably requested by the holders of shares of Series A Convertible Preferred Stock to enable the Corporation, to the fullest extent possible, to make all redemption payments contemplated by Section 4(a)(ii) timely and in full (provided, however, that in no event shall the Corporation be required by any of the foregoing provisions of this Section 4(c) to take any action prohibited by the terms of the Senior Credit Facilities). The Corporation shall notify the holders in writing of any Default or Event of Default or any material breach by the Corporation of this Section 4(c), in each case not later than five (5) business days after occurrence thereof.