Duration and Effect. This Pledge Agreement shall remain and continue in full force and effect (notwithstanding, without limitation, the death, incompetency or dissolution of the Assignor or the Borrower) from the date hereof until all of the Obligations have been fully and completely paid, satisfied and discharged. Thereupon, this Pledge Agreement shall terminate and the Bank shall release any Collateral still held by it which has not been sold or otherwise disposed of in accordance with Section 6 hereof and applied toward the satisfaction of the Obligations hereunder, and the Bank shall deliver any such Collateral to the Assignor, together with any necessary stock powers or assignment executed by the Bank in blank, at the Assignor's expense. The Assignor acknowledges that this Pledge Agreement is and shall be effective upon execution by the Assignor and delivery to and acceptance hereof by the Bank and it shall not be necessary for the Bank to execute any acceptance hereof or otherwise to signify or express its acceptance hereof to the Assignor.
Duration and Effect. The Agreement shall come into force and apply in the manner and for the duration agreed between TEHTRIS and the User or between the Partner and the User. Unless otherwise agreed to by the Parties, User shall not use the TEHTRIS Solutions as a service provider or similar activity for the benefit of third parties..
Duration and Effect. This Agreement shall be effective as of the date of signing herein by all of the parties hereto, and shall remain in full force and effect through December 31, 2010. It is agreed to and understood by and between the parties hereto, that, unless specifically referred to as being retroactive all terms and provisions of this Agreement are not retroactive to January 1, 2007, and shall assume full force and effect beginning only on the date of the signing of this Agreement and continuing thereon to expiration of this Agreement.
Duration and Effect. This Agreement is considered by both parties to be a binding contract, and shall remain in effect throughout the period of association between Employee and TIER and for one (1) year following the termination of association, except that the obligations set forth in Paragraph 2 shall survive termination of this Agreement. Should any provision of this Agreement be held to be invalid, void, or unenforceable, the remaining provisions of this Agreement shall be unaffected and shall continue in full force and effect, and such invalid, void, or unenforceable provisions shall be deemed not to be a part of this Agreement. If any court or other decision-making body determines that the term or area of any covenant herein is too long or too broad to be enforceable, the term and/or area shall be automatically amended to come within a reasonable and enforceable term and/or area.
Duration and Effect. 5.1. This Agreement comes into effect on the last date on which it is signed by both parties.
Duration and Effect. This Pledge Agreement shall remain and continue in full force and effect (notwithstanding, without limitation, the dissolution of the Assignor or the Borrower) from the date hereof until all of the Secured Obligations have been fully and completely paid, satisfied and discharged. Thereupon, this Pledge Agreement shall terminate and the Agent shall release any Collateral still held by it which has not been sold or otherwise disposed of in accordance with Section 7 hereof and applied toward the satisfaction of the Secured Obligations hereunder, and the Agent shall, unless otherwise required to deliver such Collateral to the Senior Agent in accordance with the terms of the Intercreditor Agreement, deliver any such Collateral to the Assignor, together with any necessary stock powers or assignment executed by the Agent in blank, at the Assignor's expense. The Assignor acknowledges that this Pledge Agreement is and shall be effective upon execution by the Assignor and delivery to and acceptance hereof by the Agent, and it shall not be necessary for the Agent to execute any acceptance hereof or otherwise to signify or express its acceptance hereof to the Assignor.
Duration and Effect. This Pledge Agreement shall remain and continue in full force and effect (notwithstanding, without limitation, the death, incompetency or dissolution of the Pledgor) from the date hereof until all of the Obligations have been fully and completely paid, satisfied and discharged. Thereupon, this Pledge Agreement shall terminate and Pledgee shall release any Collateral still held by it which has not been sold or otherwise disposed of in accordance with Section 5 hereof and applied toward the satisfaction of the Obligations hereunder, and Pledgee shall deliver any such Collateral to the Pledgor. The Pledgor acknowledges that this Pledge Agreement is and shall be effective upon execution by the Pledgor and delivery to and acceptance hereof by Pledgee, and it shall not be necessary for Pledgee to execute any acceptance hereof or otherwise to signify or express its acceptance hereof to the Pledgor.
Duration and Effect. The provisions of this Section 7.4 represent the current intent of Quintiles, and Quintiles will exercise good faith efforts to comply with the provisions of this Section 7.4 for a period of 18 months after the Closing (or any shorter period specified herein.) Notwithstanding anything to the contrary herein, it is understood that Quintiles retains ample discretion to manage its business in the best interests of its shareholders, and that good faith modifications of or variances from these provisions in the exercise of such discretion are appropriate and permitted. Accordingly, except as to employee benefits as set forth in Section 7.4(f) above, the provisions of this Section 7.4 are unenforceable and only an expression of current intent.
Duration and Effect. This Pledge Agreement shall remain and continue in full force and effect from the date hereof until all of the Obligations have been fully and completely paid, satisfied and discharged. Thereupon, this Pledge Agreement shall terminate and the Bank shall release any Collateral still held by it which has not been sold or otherwise disposed of in accordance with Section 7 hereof and applied toward the satisfaction of the Obligations hereunder, and the Bank shall deliver any such Collateral to the Assignor, together with any necessary stock powers or assignment executed by the Bank in blank, at the Assignor's expense. The Assignor acknowledges that this Pledge Agreement is and shall be effective upon execution by the Assignor and delivery to and acceptance hereof by the Bank and the execution by the Assignor, and the Bank's trust department of the acknowledgement attached hereto as Exhibit "A", and it shall not be necessary for the Bank to execute any acceptance hereof or otherwise to signify or express its acceptance hereof to the Assignor.
Duration and Effect. This Pledge Agreement shall remain and continue in full force and effect (notwithstanding, withoutlimitation, the dissolution of Assignor) from the date hereof until all of the Obligations have been fully and completely paid, satisfied and discharged (other than contingent indemnification obligations that by their terms survive the termination of this Pledge Agreement or any other Loan. Document). Thereupon, this Pledge Agreement shall terminate and Lender shall release any Collateral still held by it which has not been sold or otherwise disposed of in accordance. with Section .6 hereof and applied toward the satisfaction of the Obligations hereunder, and Lender shall deliver any such Collateral to the Assignor, together with any necessary stock powers or assignment executed by Lender in blank, at Assignor’s expense. Assignor acknowledges that this Pledge Agreement is and shall be effective upon execution by Assignor and delivery to and acceptance hereof by Lender, and it shall not be necessary for Lender to execute any acceptance hereof or otherwise to signify or express its acceptance hereof to Assignor. GREYSTONE BUSINESS CREDIT If, L.L.C.
