EXPLORER COVENANTS. The Explorer covenants with the NTPs that in connection with the conduct of Petroleum Operations by it on the License Area it shall;
EXPLORER COVENANTS Sample Clauses
Related to EXPLORER COVENANTS
Seller Covenants Seller covenants and agrees as follows:
Buyer Covenants The Buyer covenants as follows:
Purchaser Covenants Purchaser shall have performed and complied in all material respects with all agreements and covenants required to be performed and complied with by Purchaser under this Agreement at or prior to the Closing Date; and
Other Covenants (Section 5.1): Borrower shall at all times comply with all of the following additional covenants:
Director Covenants Director agrees that for a period of two (2) years from the Effective Time, Director shall not, directly or indirectly, individually or as an employee, partner, officer, director, promoter or shareholder or in any other capacity whatsoever, except in the performance of customary legal, accounting, insurance, or investment or investment management services as performed at the time of execution of the Agreement or of a similar nature:
Interim Covenants During the period from the date of this Agreement and continuing until the Closing, the Seller and the Stockholders each agree (except as expressly contemplated by this Agreement or to the extent that Buyer shall otherwise consents in writing) that:
BORROWER COVENANTS Borrower covenants and agrees that:
Further Covenants The Company hereby covenants and agrees that:
Ship Covenants The undertakings in this Clause 21 remain in force throughout the Security Period.
Particular Covenants 5.01 Payments of Principal, Premium, if any, and Interest, if any. The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid the principal of, premium, if any, and interest, if any, on the Securities of that series at the times and places and in the manner provided herein and in the Securities of that series.
