Exception to Covenants. Neither the Borrower nor any Subsidiary shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.
Exception to Covenants. No Obligor shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.
Exception to Covenants. 84 Section 11.13 No Liability of Issuing Bank..................................84 Section 11.14 Confidentiality...............................................85 Section 11.15 No Duties of Documentation Agent..............................85 Section 11.16
Exception to Covenants. No Loan Party nor any Subsidiary shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.
Exception to Covenants. Neither the Parent nor any of its Subsidiaries shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.
Exception to Covenants. The parties hereby agree that there shall be one (1) exception to the covenants made by Xxxxxxxx in Section 2 of this Agreement. The terms of the exception are the following:
(A) Notwithstanding the terms of this Agreement, and more specifically, the covenants contained in Section 2 of this Agreement, Xxxxxxxx and/or his affiliates shall have the right to own, operate, and manage the hotel known as the Xxxxxxxx Inn located in Sikeston, Missouri.
(B) Additionally, Xxxxxxxx and/or his affiliates are not subject to the covenants contained in Section 2 of this Agreement with respect to and only with respect to the Xxxxxxxx Inn located in Sikeston, Missouri.
Exception to Covenants. 91 Section 11.13 No Liability of Issuing Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92 Section 11.14 Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92 Section 11.15 Amendment, Restatement, Extension, Renewal and Increase . . . . . . . . . . . . . . . . . . 93 SECTION 11.16
Exception to Covenants. 62 10.13 Restatement. ...................................... 62 10.14
Exception to Covenants. 76 Section 11.13 NO LIABILITY OF ISSUING BANK . . . . . . . . . . . . . . . . . 76 Section 11.14 CONFIDENTIALITY. . . . . . . . . . . . . . . . . . . . . . . . 77 Section 11.15 AMENDMENT, RESTATEMENT, EXTENSION, AND RENEWAL . . . . . . . . 77 Section 11.16
Exception to Covenants. The parties acknowledge that (i) Employee is an attorney licensed to practice law in the Sate of Texas and employed, among other things, to provide legal advice to Company and its Affiliates and (ii) by virtue of his position and responsibilities, Employee is obligated by the Texas Rules of Disciplinary Conduct and the common law to protect and preserve privileged and unprivileged Confidential Information and not to use that information to the disadvantage of Company or its Affiliates or for his own or a third party’s benefit. The parties therefore agree that Employee shall be permitted without violating this Agreement to disclose privileged and unprivileged Confidential Information acquired during the course of and by reason of his legal representation of the Company or its Affiliates as required to do so by the Texas Disciplinary Rules of Professional Conduct. The parties further agree that no covenant in this Agreement shall be interpreted or enforced in any manner that violates Texas law, including without limitation any Texas Disciplinary Rule of Professional Conduct, concerning restrictions on the rights of an attorney to practice law. In particular, the non-competition and non-solicitation restrictions above shall not be construed or enforced to restrict Employee’s right to practice law following the termination of his employment with Company in violation of any Texas Disciplinary Rule of Professional Conduct but shall be construed and enforced to apply to Employee’s non-legal activities, capacities, and positions.
