Effect of Covenants. Nothing in Sections 7 through 14 shall be construed to limit or otherwise adversely affect any rights, remedies or options that the Company would possess in the absence of the provisions of such Sections.
Effect of Covenants. Executive specifically acknowledges the receipt of adequate consideration for the covenants contained in Sections 11 and 12 and that the Company and the Bank are entitled to require Executive to comply with these Sections. These Sections will survive termination of this Agreement. Executive represents that if Executive’s employment is terminated, whether voluntarily or involuntarily, Executive has experience and capabilities sufficient to enable Executive to obtain employment in areas which do not violate this Agreement and that the Company’s or Bank’s enforcement of a remedy by way of injunction will not prevent Executive from earning a livelihood.
Effect of Covenants. The covenants in Sections 8.1 and 8.3 shall not be deemed to prohibit a merger, sale of all assets or other corporate reorganization if (i) the entity surviving or succeeding to the Corporation is bound by this Agreement with respect to its securities issued in exchange for or replacement of the Stock, or (ii) the consideration received in exchange for or replacement of the Stock is cash.
Effect of Covenants. Nothing in this Section 3 shall be construed to adversely affect the rights that the Company would possess in the absence of the provisions of such Section.
Effect of Covenants. You acknowledge that: (a) as a senior executive of Surety, you have and will have access to confidential information concerning the entire range of businesses in which Surety is and will be engaged; (b) that Surety’s businesses are conducted throughout the United States and Canada; and (c) that Surety’s confidential information, if disclosed or utilized without its authorization would irreparably harm Surety in: (i) obtaining renewals of existing customers; (ii) selling new business; (iii) maintaining and establishing existing and new relationships with employees, agents, brokers, vendors; and (iv) other ways arising out of the conduct of the businesses in which Surety is engaged. To protect such information and such existing and prospective relationships, and for other significant business reasons, you agree that it is reasonable and necessary that: (a) the scope of this Agreement be United States and Canada; (b) its breadth include the entire surety industry, except as otherwise provided in this Section 8; and (c) the duration of the restrictions upon you be as indicated therein. You acknowledge that Surety’s customer, employee and business relationships are long-standing, indeed, near permanent and therefore are of great value to Surety. You agree that neither any of the provisions in this Agreement nor Surety’s enforcement of it alters or will alter your ability to earn a livelihood for yourself and your family and further that both are reasonably necessary to protect Surety’s legitimate business and property interests and relationships, especially those which you were responsible for developing or maintaining.
Effect of Covenants. Nothing in Sections 8 through 15 shall be construed to adversely affect the rights that the Company would possess in the absence of the provisions of such Sections and related entities.
Effect of Covenants. City is deemed a beneficiary of the terms and provisions of this Agreement and of the restrictions and covenants running with the land for and in its own right for the purposes of protecting the interests of the community in whose favor and for whose benefit the covenants running with the land have been provided. The covenants in favor of City shall run without regard to whether City has been, remains or is an owner of any land or interest therein in the City Parcels. City shall have the right, if any of the covenants set forth in this Agreement which are provided for its benefit are breached, to exercise all rights and remedies and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breaches to which it may be entitled. With the exception of the City, no other person or entity shall have any right to enforce the terms of this Agreement under a theory of third-party beneficiary or otherwise. The covenants running with the land and their duration are set forth in the CC&Rs or Grant Deed.
Effect of Covenants. Agency is deemed a beneficiary of the terms ------------------- and provisions of this Agreement and of the restrictions and covenants for and in its own right and for the purposes of protecting the interests of the community and other parties, public or private, in whose favor and for whose benefit the covenants have been provided. Agency shall have the right, if any of the covenants set forth in this Agreement which are provided for its benefit are breached, to exercise all rights and remedies and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breaches to which it or any other beneficiaries of such covenants may be entitled.
Effect of Covenants. All covenants, stipulations, obligations and agreements of the District contained in this Trust Agreement shall be deemed to be covenants, stipulations, obligations and agreements of the District to the full extent permitted by the Constitution and laws of the State. This Trust Agreement is adopted with the intent that the laws of the State shall govern its construction.
Effect of Covenants. Nothing in Sections 4A, 4B, 4C, or 4D hereof shall be construed to adversely affect the rights that the Corporation would possess in the absence of the provisions of such sections.
