Common use of No Avoidance Clause in Contracts

No Avoidance. The Company will not, by amendment of its Certificate of Incorporation or through any reorganization, recapitalization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in the carrying out of all the provisions of this Section 3.2 and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the Holder.

Appears in 2 contracts

Samples: Gateway Industries Inc /De/, Gateway Industries Inc /De/

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No Avoidance. The Company will not, by amendment of its Certificate of Incorporation or through any reorganization, recapitalization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will . The Company shall at all times in good faith assist in the carrying out of all the provisions of this Section 3.2 Article V and in the taking of all such action as may be necessary or appropriate in order to protect the exercise rights of the HolderHolders against impairment.

Appears in 2 contracts

Samples: Warrant Agreement (Eagle Pacific Industries Inc/Mn), Warrant Agreement (Pw Eagle Inc)

No Avoidance. The Company will not, by amendment of its Certificate of Incorporation or through any reorganization, recapitalization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will . The Company shall at all times in good faith assist in the carrying out of all the provisions of this Section 3.2 7 and in the taking of all such reasonable action as may be necessary or appropriate in order to protect the exercise rights of the HolderHolder against impairment.

Appears in 1 contract

Samples: Tekoil & Gas Corp

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No Avoidance. The Company will not, by amendment of its Certificate Articles of Incorporation or through any reorganization, recapitalization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will . The Company shall at all times in good faith assist in the carrying out of all the provisions of this Section 3.2 Article V and in the taking of all such action as may be necessary or appropriate in order to protect the exercise rights of the HolderHolders against impairment.

Appears in 1 contract

Samples: Warrant Agreement (Pw Eagle Inc)

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