Covenants of SJNB Sample Clauses

Covenants of SJNB. (a) During the period from the date of this Agreement and continuing until the Effective Time, SJNB agrees as to itself and its Subsidiaries that (except as expressly contemplated or permitted by this Agreement or to the extent that Saratoga shall otherwise consent in writing, which consent shall not be unreasonably withheld), SJNB will and will cause each of its Subsidiaries to carry on its respective businesses in the usual, regular and ordinary course in substantially the same manner as heretofore conducted and use all reasonable efforts to preserve intact its present business organizations, maintain its rights and franchises and preserve its relationships with customers, suppliers and others having business dealings with them to the end that their goodwill and ongoing businesses shall not be impaired in any material respect at the Effective Time. Without limiting the generality of the foregoing, during the period from the date of this Agreement to the Effective Time, SJNB shall not, and shall not permit any of its Subsidiaries to, without the prior consent of Saratoga in writing:
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Covenants of SJNB. PENDING EFFECTIVE TIME OF THE MERGER ------------------------------------ SJNB covenants and agrees with GBB as follows:

Related to Covenants of SJNB

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

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

  • Covenants of Seller Seller covenants and agrees with Buyer 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 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 THE STOCKHOLDER Section 1.01.

  • Covenants of Both Parties The parties hereto agree that:

  • Covenants of Parent Parent agrees that:

  • 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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