Initial Negative Covenants of the Company: Special Board Approval Sample Clauses

Initial Negative Covenants of the Company: Special Board Approval. Until such time as the Company has raised at least two million dollars ($2,000,000) in financial investment(s), the Company, for itself and for each of its Subsidiaries, whether now owned or hereafter formed or acquired, covenants to and agrees with the Stockholders that, so long as CCF owns, legally or beneficially, more than ten percent (10%) of the outstanding Shares, neither the Company nor any Subsidiary will do any of the following without Special Board Approval:
Sample 1
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Related to Initial Negative Covenants of the Company: Special Board Approval

  • Negative Covenants of the Company Except as expressly contemplated by this Agreement or otherwise consented to in writing by Buyer, from the date of this Agreement until the Effective Time, the Company will not do any of the following:

  • Affirmative Covenants of the Company The Company hereby covenants and agrees as follows:

  • COMPANY'S NEGATIVE COVENANTS Company covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Company shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Additional Negative Covenants Not to, without the Bank's written consent:

  • CERTAIN NEGATIVE COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligations to issue, extend or renew any Letters of Credit:

  • Additional Covenants of the Company The Company further covenants and agrees with each Underwriter as follows:

  • Negative Covenants of the Seller Parties Until the date on which the Aggregate Unpaids have been indefeasibly paid in full and this Agreement terminates in accordance with its terms, each Seller Party hereby covenants, as to itself, that:

  • Affirmative Covenants of the Seller Parties Until the date on which the Aggregate Unpaids have been indefeasibly paid in full and this Agreement terminates in accordance with its terms, each Seller Party hereby covenants, as to itself, as set forth below:

  • Negative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

  • Negative Covenants of the Seller From the date hereof until the Collection Date:

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