Negative Covenants of the Companies Sample Clauses

Negative Covenants of the Companies. To conform with the terms and conditions under which the Note Purchaser is willing to have credit outstanding to Inland, and to induce the Note Purchaser to enter into this Agreement and purchase the TCW Sub Notes, the Companies hereby warrant, covenant and agree, until the full and final payment of the Obligations and the termination of this Agreement, unless the Requisite Holders otherwise approve in writing, (i) all of the covenants contained in ANNEX C-2 attached hereto will be observed and (ii) as follows:
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Negative Covenants of the Companies. For so long as this Agreement is in effect, the Seller shall, from the date of this Agreement to the Closing, except as specifically contemplated by this Agreement, as disclosed in the Schedules to this Agreement or as otherwise agreed to by the Purchaser, cause each of the Companies not to:
Negative Covenants of the Companies. From the date hereof until the earlier of the Closing Date or the termination of this Agreement, the Companies shall not (and shall cause the Companies’ Subsidiaries not to) do any of the following without the prior written consent of the Buyer (which consent shall not be unreasonably withheld, conditioned or delayed):
Negative Covenants of the Companies. From the date hereof until the Closing, except as expressly contemplated or permitted by this Agreement, without the prior written consent of the Investor, which consent shall not be unreasonably withheld, delayed or conditioned, each of Patriot and the Bank will not, and will cause each of its Subsidiaries not to:
Negative Covenants of the Companies. No Company shall: (a) sell, assign, lease or otherwise transfer (including by operation of law) any Item or any of its interest in or rights under this Agreement or as to any Item, without Regions’ prior written consent; (b) change Company’s legal name, state of organization, organizational structure (by merger or otherwise) or organizational identification number, without providing Regions with written notice five (5) business days in advance; (c) mortgage, pledge, grant a security interest in or otherwise permit, suffer or cause any Lien to exist or remain on any Item except Permitted Liens; (d) record or attempt to record a termination statement under Article 9 of the UCC, without Regions’ prior written consent; or (e) fail to promptly provide Regions with any notice required hereunder. For the purpose of this Section VIII, “Permitted Lien” shall mean any Lien for impositions, liens of mechanics, materialmen, or suppliers and similar liens arising by operation of law, provided that any such lien is incurred by Company in the ordinary course of business, for sums that are not yet delinquent or are being contested in good faith and with due diligence, by negotiations or by appropriate proceedings which suspend the collection thereof and, in Regions’ reasonable discretion, (i) do not involve any substantial danger of the sale, forfeiture or loss of the Equipment or any interest therein, and (ii) for the payment of which adequate assurances or security have been provided to Regions. If for any reason Regions determines that any Lien is not a Permitted Lien, Company will pay within five (5) business days after receipt of notice from Regions, the Casualty Value of the Equipment affected by such Lien.
Negative Covenants of the Companies. The Company covenants and agrees that from the date hereof, and so long as the Investor and/or its assigns shall, collectively be holders of the Warrant or of three percent (3%) or more of the outstanding Common Stock of the Company that the Company will not:
Negative Covenants of the Companies. During the Pre-Closing Period, none of the Companies, except as set forth in Schedule 5.1.2, as otherwise specifically permitted herein, or with Buyer's prior consent, shall:
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Negative Covenants of the Companies. Except as expressly contemplated by this Agreement, including the completion of the contribution of $300,000 in Systems/Software Solutions, Inc. pursuant to the Technology Agreement, or those actions otherwise consented to in writing by Parent, which consent shall not be unreasonably withheld, from the date of this Agreement until the Effective Time, the Companies each shall not do any of the following:
Negative Covenants of the Companies. Until the later of (i) the date on which this Agreement terminates, and (ii) the Final Liquidation Date, unless MWCC shall otherwise consent in writing, the Companies shall not advertise, promote, sponsor, solicit, permit solicitation of, or make available specifically to commercial customers of the Companies or otherwise provide any commercial credit program, commercial credit facility, commercial credit card program, commercial charge program or commercial debit or commercial secured card program or commercial facility (whether open-end, closed-end, fixed-term, private-label, "co-branded" or third party), other than (i) credit provided in connection with the Program hereunder, and (ii) credit provided by generally accepted multi-purpose commercial credit or charge cards such as American Express, Mastercard, Visa and the Discover card or by any generally accepted multi-purpose debit or secured cards; PROVIDED, that none of the cards referred to in this paragraph (ii) may be "co-branded", sponsored or co-sponsored with the Companies.
Negative Covenants of the Companies. Except as expressly contemplated by this Agreement or as previously disclosed to Buyer or Hanger in writing on SCHEDULE 5.2, or otherwise consented to in writing by Buyer or Hanger, from the date of this Agreement until the Closing Date, each Company shall not, directly or indirectly through any Affiliate or otherwise (and the Sole Stockholder shall not and shall not cause any Company to), and shall not permit any Affiliate to directly or indirectly, do any of the following:
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