Covenants of the Company and the Purchaser. 4.1 CONDUCT OF THE BUSINESS BY THE COMPANY. From the date hereof until the Time of Closing, except as provided for in, or contemplated by, this Agreement, the Company covenants and agrees that it will:
Covenants of the Company and the Purchaser. 4.1 The Company agrees with the Purchaser that it will, following the Closing:
Covenants of the Company and the Purchaser. The Company and the Purchaser acknowledge and agree that:
Covenants of the Company and the Purchaser. Section 4.1 Covenants of the Company Regarding the Conduct of Business 28 Section 4.2 Covenants of the Company Relating to the Arrangement 33 Section 4.3 Mutual Covenants 34 Section 4.4 Change of Control Payments 38 Section 4.5 Options 38 Section 4.6 Pre-Acquisition Reorganization 38
Covenants of the Company and the Purchaser. I. The Company covenants and agrees:
Covenants of the Company and the Purchaser. The Company and the purchaser jointly and severally covenant and agree that, unless COTG and the Seller shall otherwise consent in writing, as long as any principal, interest or other obligations are due to (x) COTG with respect to the Secured Promissory Note of the Company and the Subsidiary dated March 18, 1999 in the principal amount of Two Million Four Hundred Thousand Dollars ($2,400,000) payable to COTG (the "COTG Note") pursuant to a Loan Agreement between COTG, the Company and the Subsidiary dated September 18, 1998, as amended (the "COTG Loan Agreement"), (y) to Batei Sefer Limlacha ("BSL") with respect to the 8% Subordinated Note of the Company and the Subsidiary dated September 18, 1998 in the principal amount of Five Hundred Fifty Thousand Dollars ($550,000) payable to BSL (the "BSL Note"), and (z) to Trans Global Services, Inc. ("Trans Global") with respect to the Company's 10% Installment Promissory Note dated September 18, 1998 in the principal amount of $1,216,673 payable to the order of Trans Global, such note being referred to herein as the "Trans Global Note":
Covenants of the Company and the Purchaser
