MANAGEMENT OBLIGATIONS AND COVENANTS OF GCX Sample Clauses

MANAGEMENT OBLIGATIONS AND COVENANTS OF GCX. Subject to the terms and conditions of this Agreement (and taking into account the seasonality of the GC Business and the GC Chapter 11 Cases) and except as contemplated by the Reorganization Plan, GCX will manage the GC Business during the Term of this Agreement, and will do so, unless as otherwise provided herein, in all material respects only in the Ordinary Course of Business and in accordance with all Legal Requirements. Except as contemplated by the Reorganization Plan, GCX and its Affiliates will use Commercially Reasonable Efforts to preserve intact the GC Business and keeping available the services of the current officers, employees, and agents, and maintaining the relations and goodwill with suppliers, customers, landlords, creditors, employees, agents and others having business relationships with GCX and its Affiliates. Without limiting the generality of the foregoing, GCX will manage the GC Business in accordance with the lettered paragraphs of this Section 2:
AutoNDA by SimpleDocs

Related to MANAGEMENT OBLIGATIONS AND COVENANTS OF GCX

  • Agreements and Covenants of the Company The Company hereby agrees and covenants to:

  • Non-Performance of Other Covenants and Obligations Any Obligor shall default in the due performance and observance of any other agreement contained herein or in any other Loan Document executed by it, and such default shall continue unremedied for a period of 30 days after notice thereof shall have been given to WWI by the Administrative Agent at the direction of the Required Lenders.

  • Agreements and Covenants of Trustee The Trustee hereby agrees and covenants to:

  • Representations and Covenants of the Trust A. The Trust hereby represents and warrants to the Distributor, which representations and warranties shall be deemed to be continuing throughout the term of this Agreement, that:

  • Representations and Covenants of the Agent The Agent represents and warrants that it is duly registered as a broker-dealer under FINRA, the Exchange Act and the applicable statutes and regulations of each state in which the Placement Shares will be offered and sold, except such states in which the Agent is exempt from registration or such registration is not otherwise required. The Agent shall continue, for the term of this Agreement, to be duly registered as a broker-dealer under FINRA, the Exchange Act and the applicable statutes and regulations of each state in which the Placement Shares will be offered and sold, except such states in which it is exempt from registration or such registration is not otherwise required, during the term of this Agreement. The Agent shall comply with all applicable law and regulations in connection with the transactions contemplated by this Agreement, including the issuance and sale through the Agent of the Placement Shares.

  • DOCUMENTS AND COVENANTS OF THE FUND AND MSDW TRUST 6.1 The Fund shall promptly furnish to MSDW TRUST the following, unless previously furnished to Xxxx Xxxxxx Trust Company, the prior transfer agent of the Fund:

  • Representations and Covenants of the Company A. The Company hereby represents and warrants to the Distributor, which representations and warranties shall be deemed to be continuing throughout the term of this Agreement, that:

  • Covenants of the Loan Parties Section 5.01 Affirmative Covenants 76 Section 5.02 Negative Covenants 80 Section 5.03 Reporting Requirements 86 Section 5.04 Financial Covenants 89 ARTICLE VI

  • Representations Undertakings and Events of Default 16 REPRESENTATIONS Each Original Obligor makes the representations and warranties set out in this clause 16 to each Finance Party on the date of this Agreement.

  • Representations and Covenants of the Holder This Warrant has been entered into by the Company in reliance upon the following representations and covenants of the Holder, which by its execution hereof the Holder hereby confirms:

Time is Money Join Law Insider Premium to draft better contracts faster.