Common use of Covenants and Undertakings Clause in Contracts

Covenants and Undertakings. During the Interim Period, the Seller hereby covenants with and undertakes to the Purchaser that it: (a) shall not sell, transfer, assign or otherwise Encumber or dispose of any Sale Shares or to agree or commit to do any of the foregoing; and (b) shall, in general, refrain from any act or omission which may adversely affect the consummation of the Transaction.

Appears in 3 contracts

Samples: Share Purchase Agreement (Deutsche Telekom Ag), Share Purchase Agreement (Deutsche Telekom Ag), Share Purchase Agreement (Hellenic Telecommunications Organization Sa)

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Covenants and Undertakings. During the Interim Period, the Seller hereby covenants with and undertakes to the Purchaser that it: (a) shall not sell, transfer, assign or otherwise Encumber or dispose of any Sale Shares or to agree or commit to do any of the foregoing; and (b) shall, in general, refrain from any act or omission which may adversely affect the consummation of the TransactionTransactions.

Appears in 2 contracts

Samples: Share Purchase Agreement (Hellenic Telecommunications Organization Sa), Share Purchase Agreement (Deutsche Telekom Ag)

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