COVENANTS OF EACH OF THE PARTIES Sample Clauses

COVENANTS OF EACH OF THE PARTIES. 6.1. The Acquired Fund will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 9.5 hereof), in each case payable either in cash or in additional shares.
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COVENANTS OF EACH OF THE PARTIES. 6.1 The Acquired Portfolio will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 9.5 hereof), in each case payable either in cash or in additional shares.
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COVENANTS OF EACH OF THE PARTIES. 6.1. The Trust, on behalf of the Acquired Fund, will operate the Acquired Fund's business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 9.5 hereof), in each case payable either in cash or in additional shares.
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COVENANTS OF EACH OF THE PARTIES. 5.1. The MG Trust, on behalf of the Acquired Fund, will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 7.6 hereof), in each case payable either in cash or in additional shares. Explicit covenant for Acquired Fund to declare and pay all undistributed distributions/dividends for its current fiscal year.
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COVENANTS OF EACH OF THE PARTIES. 6.1 The Acquired Portfolio will operate its business in the ordinary course between the date hereof and the date of the special meeting of the Acquired Portfolio Shareholders to consider the approval of this Agreement. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions payable either in cash or in additional shares. Upon the approval by the Acquired Portfolio's Shareholders of this Agreement, the Acquired Portfolio will take all necessary measures to sell all of its securities in exchange for cash prior to the Valuation Date and to declare and pay such additional dividends and distributions as shall be necessary to meet the requirements of Paragraph 9.6.
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COVENANTS OF EACH OF THE PARTIES. Each of the Parties covenants that:
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COVENANTS OF EACH OF THE PARTIES. 5.1. The MG Trust, on behalf of the Acquired Fund, will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 7.6 hereof), in each case payable either in cash or in additional shares.
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COVENANTS OF EACH OF THE PARTIES. 5.1. The BT Trust, on behalf of the Acquired Fund, will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 8.6 hereof), in each case payable either in cash or in additional shares. H&D Draft 7/19/99
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COVENANTS OF EACH OF THE PARTIES. 5.1. The Acquired Fund will operate its business in the ordinary course between the date hereof and the Closing Date. It is understood that such ordinary course of business will include the declaration and payment of customary dividends and distributions and any other dividends and distributions necessary or advisable (except to the extent distributions that are not customary may be limited by representations made in connection with the issuance of the tax opinion described in paragraph 7.6 hereof), in each case payable either in cash or in additional shares. Explicit covenant for Acquired Fund to declare and pay all undistributed distributions/dividends for its current fiscal year.
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Related to COVENANTS OF EACH OF THE PARTIES

  • Covenants of the Parties The parties hereto agree that:

  • Covenants of Each Pledgor Each Pledgor covenants and agrees with the U.S. Collateral Agent and the other Secured Parties that, from and after the date of this Agreement until the earlier to occur of (i) the Loans, any Reimbursement Obligations, and all other Obligations then due and owing shall have been paid in full in cash, no Letter of Credit shall be outstanding (except for Letters of Credit that have been cash collateralized in a manner satisfactory to the Issuing Lender) and the Commitments shall have terminated or (ii) as to any Pledgor, all the Capital Stock of such Pledgor shall have been sold or otherwise disposed of (to a Person other than Holdings, the Parent Borrower or a Subsidiary of either) as permitted under the terms of the Credit Agreement:

  • Covenants of Both Parties The parties hereto agree that:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Covenants of the Loan Parties Section 5.01 Affirmative Covenants 76 Section 5.02 Negative Covenants 80 Section 5.03 Reporting Requirements 86 Section 5.04 Financial Covenants 89 ARTICLE VI

  • Covenants of Each Stockholder Until the termination of this Agreement in accordance with Section 8, each Stockholder, severally and not jointly, agrees as follows:

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

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

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

  • COVENANTS OF GRANTOR For the purpose of further securing the indebtedness secured hereby and for the protection of the security of this Security Deed, for so long as the indebtedness secured hereby or any part thereof remains unpaid, Grantor covenants and agrees as follows:

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