Common use of Covenant of the Buyer Prior to the Closing Clause in Contracts

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Interests to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Interests and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Interests Shares to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership corporate action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Interests Shares and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Interests Vessel Owning Subsidiary to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership corporate action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Interests Vessel Owning Subsidiary and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Interests Shares to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Interests Shares and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Equity Interests to be transferred on the Closing Date, take, or cause to be taken, to the extent not already taken, all necessary partnership limited liability company action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Equity Interests and the execution execution, delivery and delivery performance of this Agreement and the any other agreements and documents contemplated hereby.

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Interests Shares to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership corporate action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Interests Vessel Owning Subsidiary and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Covenant of the Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, the Buyer shall, in respect of the Membership Interests Vessel Owning Subsidiary to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership corporate action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Membership Interests Shares and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.