COVENANTS OF CORNERSTONE Sample Clauses

COVENANTS OF CORNERSTONE. Cornerstone hereby covenants and agrees that it shall acquire Option Shares and/or other securities acquired upon its exercise of the Stock Option for investment purposes only and not with a view to any distribution thereof in violation of the Securities Act of 1933, as amended (the "Securities Act"), and immediately shall cancel the Option Shares upon their purchase by Cornerstone hereunder.
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COVENANTS OF CORNERSTONE. During the period from the date of this Agreement and continuing until the Effective Time, Cornerstone agrees as to itself and its Subsidiaries that, except as expressly permitted by this Agreement or to the extent that Summit shall otherwise consent in writing (which consent shall not be unreasonably or untimely withheld):
COVENANTS OF CORNERSTONE. Cornerstone hereby covenants with Contributors as follows:

Related to COVENANTS OF CORNERSTONE

  • 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 Contributor Contributor agrees as follows:

  • Covenants of Parent Parent agrees that:

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

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

  • Covenants of Both Parties The parties hereto agree that:

  • COVENANTS OF THE DEBTOR So long as this Security Agreement remains in effect Debtor covenants and agrees:

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

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

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

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