COVENANTS OF PARENT AND BUYER. Parent and Buyer agree that:
COVENANTS OF PARENT AND BUYER. Parent and Buyer hereby covenant and agree with Sellers as follows:
COVENANTS OF PARENT AND BUYER. 37 5.01. Cooperation by Parent and Buyer.........................................................37 5.02. Disclosure Schedules....................................................................38 5.03.
COVENANTS OF PARENT AND BUYER. Section 6.01. Conduct of the Parent and Buyer........................... 40 Section 6.02. Confidentiality........................................... 41 Section 6.03.
COVENANTS OF PARENT AND BUYER. As a material inducement to induce Seller to consummate the Acquisition under this Agreement, Parent and Buyer represent and warrant that each of the matters set forth in this Article 6 are true and correct as of the date hereof, and acknowledge that Seller's entry into this Agreement and the performance of their obligations hereunder are made in reliance upon the completeness and accuracy of each of the matters set forth herein. The representations and warranties being made by the Parent and Buyer shall survive as set forth in paragraph 15.12 herein.
COVENANTS OF PARENT AND BUYER. Xxxxxx and Xxxxx jointly and severally agree that:
COVENANTS OF PARENT AND BUYER. Parent and Buyer covenant and agree, so long as any Assumed IDRB Indebtedness is outstanding, to cause the Assets that were acquired, constructed, improved or equipped with the proceeds of such Assumed IDRB Indebtedness to be used as sewage facilities within the meaning of Section 103(b)(4)(E) of the 1954 Code or Section 142(a)(5) of the Code, as the case may be, and facilities for the furnishing of water within the meaning of Section 103(b)(4)(G) of the 1954 Code or 142(a)(4) and Section 142(e) of the Code, as the case may be, which means in the case of the facilities for the furnishing of water that (a) the Arizona water is or will be made available to members of the general public (including electric utility, industrial, agricultural, or commercial users) and (b) either the facility is operated by a governmental unit or the rates for the furnishing or sale of the water have been established or approved by a State or political subdivision thereof, by an agency or instrumentality of the United States, or by a public service or public utility commission or other similar body of any State or political subdivision thereof. Each of Parent and Buyer further covenants and agrees, so long as any Assumed IDRB Indebtedness is outstanding, the following:
COVENANTS OF PARENT AND BUYER. Parent and Buyer covenant and agree, so long as any Assumed IDRB Indebtedness is outstanding, to cause the Assets that were acquired, constructed, improved or equipped with the proceeds of such Assumed IDRB Indebtedness to be used as sewage facilities within the meaning of Section 103(b)(4)(E) of the 1954 Code or Section 142(a)(5) of the Code, as the case may be, and facilities for the furnishing of water within the meaning of Section 103(b)(4)(G) of the 1954 Code or 142(a)(4) and Section 142(e) of the Code, as the case may be, which means in the case of the facilities for the furnishing of water that (a) the water is or will be made available to members of the general public (including electric utility, industrial, agricultural, or commercial users) and (b) either the facility is operated by a governmental unit or the rates for the furnishing or sale of the water have been established or approved by a State or political subdivision
COVENANTS OF PARENT AND BUYER. 31 7.01. Conditions ....................................................31 7.02. Conduct of Business After Closing .............................31 7.03. Conduct with respect to Contract Hold-Back ....................32 7.04. Change of Control .............................................32 7.05. Conduct with Respect to Third Party Confidential Information ..32
COVENANTS OF PARENT AND BUYER
