Covenants of Subscribers Sample Clauses

Covenants of Subscribers. Under the present Agreement, the subscribers subscribe to the number of convertible bonds set out in the table in Article 3.3 below, by cash payment for the corresponding amount, and undertake to fully pay up the amount of their subscription, excluding LoJack, which subscribes in compensation, with one or several certain, liquid and payable claims against the Company. In the event the holders of Class B or C Traqueur shares who are not signatories to the present Agreement wish to exercise their preferential subscription rights within the framework of the Convertible Bond issue, the Subscribers undertake to reduce the individual amount of their subscription proportionally to the amounts indicated next to their names in the table below, so that the total amount of this subscription may not exceed a total of seventy-eight thousand two hundred (78,200) Convertible Bonds for a total amount of one million, one hundred and seventy-three thousand (1,173,000) euros. Each holder of Class B or C shares which is not a signatory to the present Agreement and which chooses to exercise its preferential subscription right at the Convertible Bond issue must first adhere to the present Agreement in writing and without reserves by signing a deed of accession in terms identical to those of the sample attached as Appendix 4, the Company undertaking vis-a-vis the Subscribers to accept from such holders of Class B or C shares only those subscriptions accompanied by such duly signed deed.
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Covenants of Subscribers 
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Related to Covenants of Subscribers

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

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

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

  • Covenants of Party B Party B hereby covenants 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 Purchasers Each Purchaser covenants and agrees with the Company as follows:

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

  • Covenants of Both Parties The parties hereto agree that:

  • 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 Sellers Sellers agree that:

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