COVENANTS OF CITIZENS Sample Clauses

COVENANTS OF CITIZENS. Citizens covenants and agrees with First Merchants and covenants and agrees to cause the Subsidiaries to act, as follows:
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COVENANTS OF CITIZENS. (A) During the period from the date of this Agreement to the Effective Time, except with the written consent of MidCoast, which consent will not be unreasonably withheld, conditioned or delayed, Citizens will, and it will cause each Citizens Subsidiary to: operate its business only in the usual, regular and ordinary course of business; use reasonable best efforts to preserve intact its business organization and assets and maintain its rights and franchises; and voluntarily take no action which would (i) change or waive any provision of its articles of incorporation or bylaws in any way adverse to the rights of MidCoast shareholders, except as required by law; (ii) materially adversely affect the ability of the parties to obtain the Regulatory Approvals or materially increase the period of time necessary to obtain such approvals or consummate the Merger; (iii) materially adversely affect its ability to perform its covenants and agreements under this Agreement; (iv) result in the representations and warranties contained in Article V of this Agreement not being true and correct on the date of this Agreement or at any future date on or before the Closing Date or in any of the conditions set forth in Article IX hereof not being satisfied; or (v) prevent or impede, or be reasonably likely to prevent or impede, the Merger from qualifying as a reorganization within the meaning of Code Section 368(a).
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COVENANTS OF CITIZENS. 7.1 Conduct of Business.
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COVENANTS OF CITIZENS. Until the Effective Time, except as expressly contemplated or permitted by this Agreement, or with the prior written consent of the Bank, Citizens shall carry on its business in the usual, regular and ordinary course consistent with prudent banking practice, and use all reasonable efforts to preserve its business organization and relationships, and shall not:
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COVENANTS OF CITIZENS. Citizens covenants and agrees with Chaswil that, at all times before the Closing, Citizens will comply with all covenants and provisions of this ARTICLE 6, except to the extent Chaswil may otherwise consent in writing or to the extent otherwise required or permitted by this Agreement.
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Related to COVENANTS OF CITIZENS

  • Covenants of Company In the event that any litigation with claims in excess of $1,000,000 to which the Company is a party which shall be reasonably likely to result in a material judgment against the Company that the Company will not be able to satisfy shall be commenced by an Owner, during the period beginning nine months following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Company, such judgment has been satisfied), the Company shall not make any distribution on or in respect of its membership interests to any of its members, or repay the principal amount of any indebtedness of the Company held by CFC, unless (i) after giving effect to such distribution or repayment, the Company's liquid assets shall not be less than the amount of actual damages claimed in such litigation or (ii) the Rating Agency Condition shall have been satisfied with respect to any such distribution or repayment. The Company will not at any time institute against the Trust any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Certificates, the Notes, this Agreement or any of the Basic Documents.

  • Covenants of the Bank The Bank covenants and agrees with the Underwriters that:

  • COVENANTS OF CONSULTANT Consultant covenants and agrees with the Company that, in performing Consulting Services under this Agreement, Consultant will:

  • Covenants of Parent Parent agrees that:

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • Covenants of the Company The Company covenants with each Underwriter as follows:

  • Covenants of Contributor Contributor agrees as follows:

  • Covenants of the Companies Each of the Companies covenants with the Underwriters as follows:

  • COVENANTS OF DEBTOR Debtor hereby covenants and agrees as follows:

  • Covenants of Both Parties The parties hereto agree that:

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