COVENANTS OF COMPANY AND PURCHASER Sample Clauses

COVENANTS OF COMPANY AND PURCHASER. 6.1 NOMINATION OF PURCHASER DESIGNEE TO COMPANY BOARD OF DIRECTORS. For so long as Purchaser owns at least 650,000 shares of the Company's Common Stock, the Company shall nominate a designee of Purchaser reasonably acceptable to the Company's Board of Directors to serve as a member of the Company's Board of Directors.
AutoNDA by SimpleDocs
COVENANTS OF COMPANY AND PURCHASER. Section 7.1 Efforts, Filings, Consents and Approvals.
COVENANTS OF COMPANY AND PURCHASER. 5.1 Conduct Business in Ordinary Course. (a) From the date hereof until the First Closing, except as contemplated by this Agreement or with the prior written consent of Purchaser, Company shall, and shall cause its Subsidiaries to:
COVENANTS OF COMPANY AND PURCHASER 

Related to COVENANTS OF COMPANY AND PURCHASER

  • COVENANTS OF BUYER AND SELLER Buyer and Seller agree that:

  • 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 Company and Purchaser Regarding Indemnification (a) The Company agrees to indemnify, hold harmless, reimburse and defend the Purchasers, the Purchasers’ officers, directors, agents, Affiliates, counsel, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by Company or breach of any warranty by Company in this Agreement, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

  • Covenants of the Company and the Selling Shareholders (a) The Company covenants and agrees with the several Underwriters that:

  • Covenants of Buyer Buyer agrees that:

  • Covenants of Both Parties The parties hereto agree that:

  • COVENANTS OF SELLER AND BUYER Seller and Buyer each covenant with the other as follows:

  • Covenants of the Buyer The Buyer covenants and agrees with the Seller as follows:

  • Covenants of Sellers Sellers agree that:

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.