COVENANTS OF NEW HOLDINGS Sample Clauses

COVENANTS OF NEW HOLDINGS. New Holdings covenants and agrees with (i) each Investor, (ii) with respect to Sections 6.1, 6.2, 6.4(b), 6.6, 6.7, 6.8, 6.10, and 6.11 only, each Founder until such time as such Founder holds less than 50% of such Founder's originally issued shares of capital stock of New Holdings, determined on an as-converted basis, and less than 2.5% of the shares of capital stock of New Holdings, determined on an as converted basis, (iii) with respect to Section 6.13 only, each TMHC Founder, and (iv) with respect to Section 6.14 only, each Xxxxxxx Founder, that:
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Related to COVENANTS OF NEW HOLDINGS

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

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

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

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

  • 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:

  • Covenants of Parent Parent agrees that:

  • Covenants of Contributor Contributor agrees as follows:

  • COVENANTS OF DEBTOR Debtor hereby covenants and agrees 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 the Guarantor The Guarantor covenants and agrees through the Termination Date, that:

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