Covenants of First United Sample Clauses

Covenants of First United. During the period from the date of this Agreement and continuing until the Effective Time, except as expressly contemplated or permitted by this Agreement and the Stock Option Agreements or with the prior express written consent of BancorpSouth, First United and its Subsidiaries shall carry on their respective businesses in the ordinary course consistent with past practice. Without limiting the generality of the foregoing, and except as set forth in Section 6.1 of the First United Disclosure Schedule or as otherwise contemplated by this Agreement and the Stock Option Agreements or as expressly consented to in writing in advance by BancorpSouth, First United shall not, and shall not permit any of its Subsidiaries to:
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Covenants of First United. Except as specifically contemplated or permitted by this Agreement, from the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, First United covenants and agrees that it will not do or agree or commit to do, or permit any of its Subsidiaries to do or agree or commit to do, any of the following without the prior written consent of a duly authorized officer of Regions:
Covenants of First United. First United covenants and agrees with Bancshares as follows:

Related to Covenants of First United

  • 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 STOCKHOLDER Section 1.01.

  • Covenants of Stockholders Each Stockholder hereby covenants and agrees that:

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

  • Covenants of the Holder The Holder hereby agrees and covenants that:

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

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

  • Covenants of Parent Parent agrees that:

  • 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 Stockholder Stockholder hereby covenants and agrees that:

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