Common use of Material and Independent Covenant Clause in Contracts

Material and Independent Covenant. Each Stockholder acknowledges that his, her or its agreements and the covenants set forth in this ARTICLE IX are material conditions to Quanta's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 2 contracts

Samples: Acquisition Agreement and Plan of Reorganization (Quanta Services Inc), Acquisition Agreement and Plan of Reorganization (Quanta Services Inc)

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Material and Independent Covenant. Each Stockholder acknowledges that his, her or its his agreements and the covenants set forth in this ARTICLE IX are material conditions to Quanta's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement (Quanta Services Inc)

Material and Independent Covenant. Each Stockholder acknowledges that his, his or her or its agreements and the covenants set forth in this ARTICLE IX are material conditions to QuantaBVI's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta BVI and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement and Plan of Reorganization (Bio Vascular Inc)

Material and Independent Covenant. Each Stockholder acknowledges that his, her or its his agreements and the covenants set forth in this ARTICLE IX are material conditions to Quanta's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement (Quanta Services Inc)

Material and Independent Covenant. Each Stockholder acknowledges that his, his or her or its agreements and the covenants set forth in this ARTICLE IX are material conditions to Quanta's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement and Plan of Reorganization (Quanta Services Inc)

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Material and Independent Covenant. Each The Stockholder acknowledges that his, her or its his agreements and the covenants set forth in this ARTICLE IX are material conditions to QuantaBVI's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta BVI and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement and Plan of Reorganization (Bio Vascular Inc)

Material and Independent Covenant. Each Stockholder of the Stockholders acknowledges that his, his or her or its agreements and the covenants set forth in this ARTICLE IX are material conditions to Quanta's and Newco's agreements to execute and deliver this Agreement and to consummate the transactions contemplated hereby and that Quanta and Newco would not have entered into this Agreement without such covenants. All of the covenants in this ARTICLE IX shall be construed as an agreement independent of any other provision in this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement (Quanta Services Inc)

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