Covenants of Cardinal. Cardinal covenants and agrees with the --------------------- Underwriter as follows:
Covenants of Cardinal. 29 SECTION 5.3 Covenants of ALP and the ALP Stockholders..................................................30 ARTICLE VI. CONDITIONS..........................................................................................35 SECTION 6.1 Mutual Conditions..........................................................................35 SECTION 6.2 Conditions to Obligations of ALP...........................................................36 SECTION 6.3 Conditions to Obligations of Cardinal and Subcorp..........................................36
Covenants of Cardinal. (a) SECURITIES LAWS. Assuming the accuracy of the statements made in Sections 4.28 and 5.3(a), (i) the issuance of Cardinal Common Shares to the ALP Stockholders in the Mergxx xxxxx xx xxxistered under the Securities Act pursuant to Cardinal's Registration Statement on Form S-4 (Commission File No. 333-74761) and the Prospectus included therein dated April 7, 1999 (the "Prospectus") and (ii) the Cardinal Common Shares issued in the Merger will be freely transferable under the Securities Act of 1933 by the ALP Stockholders to whom they are issued, subject to the provisions of Rule 145 thereunder. Cardinal shall use all reasonable efforts to keep the Registration Statement effective until the Closing.
Covenants of Cardinal
