COVENANTS OF LSAI Sample Clauses

COVENANTS OF LSAI. LSAI covenants and agrees with the NPLI Shareholders that, at all times between the date hereof and the Closing, LSAI will comply and LSAI will cause LSI to comply with all covenants and provisions of this Article V, except to the extent the NPLI Shareholders may otherwise consent in writing or to the extent otherwise expressly required or permitted by this Agreement.
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COVENANTS OF LSAI. 5.1 ACKNOWLEDGMENT OF LSAI. LSAI is fully aware that TWI has no written contracts with any of its customers and that any customer may discontinue services from TWI at any time without advance notice. TWI makes no guarantee with respect to: (i) the customers of TWI which will be retained by LSAI (or one or more of its subsidiaries) following the Closing; (ii) the level of gross or net income that LSAI (or one or more of its subsidiaries) will achieve as a result of this transaction; nor (iii) any other matter in any way relating to the use of the TWI assets by LSAI, or any other person or entity whatsoever, following the Closing. LSAI further acknowledges and agrees that TWI has taken no steps to protect its ability to use the word "TOXWORX" in its name or otherwise in business operations except only for qualifying to use that word as a part of its corporate name with the California Secretary of State. LSAI further acknowledges and agrees that if it desires to retain the services of any sales representative, employee, or any other persons in any way associated with TWI following the Closing, LSAI must negotiate arrangements on its own behalf; any assistance given by TWI in connection therewith will not create any liability whatsoever with respect to TWI.

Related to COVENANTS OF LSAI

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

  • Covenants of Party B Party B hereby covenants as follows:

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

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

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

  • Covenants of Party A (a) Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

  • Covenants of Both Parties The parties hereto 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 Bank The Bank covenants and agrees with the Underwriters that:

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

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