COVENANTS OF FIRST MERCHANTS AND FMB. First Merchants and FMB covenant and agree with Arlington Bank as follows:
COVENANTS OF FIRST MERCHANTS AND FMB Sample Clauses
Related to COVENANTS OF FIRST MERCHANTS AND FMB
Covenants of the Buyer The Buyer covenants and agrees with the Seller as follows:
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 Stockholders Each Stockholder hereby covenants and agrees that:
Covenants of Parent Parent agrees that:
Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:
Covenants of the Company The Company covenants with each Underwriter as follows:
Covenants of the Advisor The Advisor covenants that it is registered as an investment adviser under the Investment Advisers Act of 1940. The Advisor agrees that its activities will at all times be in compliance in all material respects with all applicable federal and state laws governing its operations and investments.
COVENANTS OF THE STOCKHOLDER Section 1.01.
Covenants of Shareholders Each Shareholder hereby covenants and agrees that:
Covenants of Seller Seller covenants and agrees with Buyer as follows:
