COVENANT TO COMPLY. Seller and Owners shall not take any action or fail to take any action which will make any of their representations and warranties not true and correct in all material respects on the Closing Date. Seller and Owners shall use their best efforts to satisfy or cause to be satisfied all of the conditions precedent to Purchaser's obligations hereunder. Seller shall give Purchaser prompt written notice of any material change in any of the information contained in the representations and warranties made in Section 4 hereof or the schedules referred to herein which occur prior to the Closing Date; provided, however, that any change in the information contained in the representations and warranties or schedules will not relieve Seller of any obligations hereunder if such changes result in a breach of the representations and warranties contained herein.
COVENANT TO COMPLY. Upon approval of the ADO district, up to thirty-six (36) ADO Sites may be developed on the property as designed on the approved Master Plan recorded against the Property in the real property records of Grand County, Utah. In consideration of the application of the ADO District to the Property, and specifically the Development Standards set forth in Code Section 4.9, Owner/Developer hereby covenants and agrees to strictly comply with the provisions, duties, and obligations of Section 4.9 of the Code, which provisions, duties, and obligations are integrated herein by this reference; provided, however, that this Section 2 shall govern development of the Property where in conflict with the Code.
COVENANT TO COMPLY. Each of Seller, the Corporation, and Purchaser shall not take any action or fail to take any action which will make any of their representations and warranties not true and correct in all material respects on the Closing Date. Each of Seller, Corporation, and Purchaser shall use their best efforts to satisfy or cause to be satisfied all of the conditions precedent to the other parties' obligations hereunder. Each party shall give prompt written notice of any material change in any of the information contained in the representations and warranties made in Sections 4 and 5 hereof or the schedules referred to herein which occur prior to the Closing Date; provided, however, except as otherwise provided in Sections 4 and 5, that any change in the information contained in the representations and warranties or schedules will not relieve the other party of any obligations hereunder if such changes result in a breach of the representations and warranties contained herein.
COVENANT TO COMPLY. Upon approval of the ADO district, up to nineteen (19) non-RV, traditionally built or pre-manufactured tiny home ADO Sites may be developed on the property as designed on the approved Master Plan recorded against the Property in the real property records of Grand County, Utah. In consideration of the application of the ADO District to the Property, and specifically the Development Standards set forth in Code Section 4.9, Owner/Developer hereby covenants and agrees to strictly comply with the provisions, duties, and obligations of Section 4.9 of the Code, which provisions, duties, and obligations are integrated herein by this reference; provided, however, that this Section 2 shall govern development of the Property where in conflict with the Code.
COVENANT TO COMPLY. Oak and each of the Guarantors agrees, for the benefit of each other party to this Agreement, that they will comply with each and every obligation that they respectively owe to the Lender in connection with the Advance and otherwise.
COVENANT TO COMPLY. The Chargor, as primary obligor, hereby covenants with the Chargee that it shall comply with and discharge all the Secured Obligations as and when required by the Loan Agreement and this Debenture (as to which time is of the essence).
COVENANT TO COMPLY. Seller shall use its best efforts to satisfy or cause to be satisfied all of the conditions precedent to Purchaser's obligations hereunder. Seller shall give Purchaser prompt written notice of any material change in any of the information contained in the representations and warranties made in Section 4 hereof or the schedules referred to herein which occur prior to the Closing Date; provided, however, that any change in the information contained in the representations and warranties or schedules will not relieve Seller of any obligations hereunder if such changes result in a breach of the representations and warranties contained herein. Notwithstanding the above, the parties acknowledge and agree that in the event Purchaser has actual notice of any breach of a warranty prior to the Closing, Purchaser shall have the right to terminate this Agreement provided however in the event Purchaser continues to close the transaction Seller shall not be liable for such breach of warranty discovered by Purchaser prior to the Closing.
COVENANT TO COMPLY a) Notwithstanding anything to the contrary herein, during the CVR Term, Parent will not, and Parent will cause the Surviving Entity and its other Affiliates to not, (i) enter into, amend or otherwise modify any Covered Agreement or (ii) materially breach any of the terms and conditions under any of the Covered Agreements, in each case ((i) and (ii)), in a manner that would or would reasonably be expected to adversely impact the interests of the Holders or the related Net CVR Payments in any material respect; provided that nothing in this Section 4.4(a) shall prohibit Parent, the Surviving Entity or this Affiliates from entering into the initial SRF114 Agreement or the initial SRF388 Agreement, as applicable, on terms and conditions negotiated by Parent or its Affiliates in their discretion.
COVENANT TO COMPLY. Seller shall not take any action or fail to take any action which will make any of their representations and warranties not true and correct in all material respects on the Closing Date. Seller shall use its best efforts to satisfy or cause to be satisfied all of the conditions precedent to Purchaser's obligations hereunder; provided, however, Seller shall not be required to expend sums in excess of FIFTEEN THOUSAND DOLLARS ($15,000) or institute litigation in exercising such best efforts. Seller shall give Purchaser prompt written notice of any material change in any of the information contained in the representations and warranties made in Section 4 hereof or the schedules referred to herein which occur prior to the Closing Date.
COVENANT TO COMPLY. Upon approval of the OAO-RV/Campground district, up to 12 total recreational vehicle, cabin, or tent sites for overnight accommodations may be developed on the Property. The Owner/Developer may not use his remaining 356.58 acres for overnight accommodations. In consideration of the application of the OAO District to the Property, and specifically the Development Standards set forth in Code Section 4.6.6, Owner/Developer hereby covenants and agrees to strictly comply with the provisions, duties, and obligations of Section 4.6 of the Code, which provisions, duties, and obligations are integrated herein by this reference; provided, however that this Section 2 shall govern development of the Property where in conflict with the Code.
