No Raid Covenant Sample Clauses

No Raid Covenant. Each Manager agrees that, from the date hereof ---------------- until five years after the termination of such Manager's employment with the Company and its subsidiaries, such Manager shall not, directly or indirectly, acting either alone or in concert with others, seek to influence any employee of the Company or any of its subsidiaries to leave or otherwise terminate such employee's employment with such entity. Each Manager agrees that, from the date hereof until three years after the termination of such Manager's employment with the Company and its subsidiaries, such Manager shall not, directly or indirectly, solicit or assist any other person in soliciting (other than on behalf of the Company and its subsidiaries) any customers, clients or suppliers of the Company or any of its subsidiaries, provided, however, that the obligations set forth in this sentence shall not apply to a Manager following the termination of such Manager's employment if such termination is (i) by the Company and (ii) not for cause.
Sample 1
AutoNDA by SimpleDocs
No Raid Covenant. Except as otherwise provided in Section ---------------- 13.06 of this Agreement, for a period of five (5) years following the Closing Date, without the prior written approval of POC or Buyer, neither Company nor ZHI (nor any of their affiliates) shall solicit or induce (or initiate discussions relating to future employment with), any salaried employee or person employed by Buyer in a management position in the Business on the date of such solicitation or inducement or the initiation of such discussions to accept employment with Company, ZHI or any affiliate thereof, except for persons whose employment is solicited or procured through newspaper ads or through the services of executive search firms engaged in a broad-based search (and not engaged for the purpose of circumventing this Section 13.06). 13.07
Sample 1
No Raid Covenant. (a) The Purchaser agrees that, from the date hereof until five years after the termination of the Purchaser's employment with the Company and its susidiaries, the Purchaser shall not, directly or indirectly, acting either alone or in concert with others, seek to influence any employee of the Company or any of its subsidiaries to leave or otherwise terminate such employee's employment with such entity. The Purchaser agrees that, from the date hereof until three years after the termination of the Purchaser's employment with the Company and its subsidiaries, the Purchaser shall not, directly or indirectly, solicit or assist any other person in soliciting (other than on behalf of the Company and its subsidiaries) any customers, clients or suppliers of the Company or any of its subsidiaries, provided, however, that the obligations set forth in this sentence shall not apply to the Purchaser following the termination of the Purchaser's employment if such termination is (i) by the Company and (ii) not for cause.
Sample 1

Related to No Raid Covenant

  • No Implied Covenants Each party, against the other, waives and relinquishes any right to assert, either as a claim or as a defense, that the other party is bound to perform or liable for the nonperformance of any implied covenant or implied duty or implied obligation.

  • Implied Covenants There are no implied covenants contained in this Agreement other than those of good faith and fair dealing.

  • Reporting Covenant So long as any Guaranteed Obligations shall remain unsatisfied or any Lender shall have any Commitment, each Guarantor agrees that it shall furnish to the Administrative Agent such information respecting the operations, properties, business or condition (financial or otherwise) of such Guarantor or its Subsidiaries as the Administrative Agent, at the request of any Guaranteed Party, may from time to time reasonably request.

  • Ship Covenants The undertakings in this Clause 21 remain in force throughout the Security Period.

  • Breach of Covenant The Borrower breaches any material covenant or other term or condition of the Subscription Agreement or this Note in any material respect and such breach, if subject to cure, continues for a period of ten (10) business days after written notice to the Borrower from the Holder.

  • Conditions and Covenants All of the provisions of this Lease shall be deemed as running with the land, and construed to be "conditions" as well as "covenants" as though the words specifically expressing or imparting covenants and conditions were used in each separate provision.

  • REPORTING COVENANTS The Borrower agrees with the Lenders, the Issuers and the Administrative Agent to each of the following, as long as any Obligation or any Revolving Credit Commitment remains outstanding and, in each case, unless the Requisite Lenders otherwise consent in writing:

  • Operating Covenants The Issuer covenants with the Indenture Trustee as follows, provided that any of the following covenants with respect to the Portfolio Railcars shall not be deemed to have been breached by virtue of any act or omission of a Lessee or sub-lessee, or of any Person which has possession of a Portfolio Railcar for the purpose of repairs, maintenance, modification or storage, or by virtue of any requisition, seizure, or confiscation of a Portfolio Railcar (other than seizure or confiscation arising from a breach by the Issuer of such covenant) (each, a “Third Party Event”), so long as (i) none of the Issuer, the Servicer or the Administrator has consented to such Third Party Event; and (ii) the Issuer (or the Servicer on its behalf) as the Lessor of such Portfolio Railcar promptly and diligently takes such commercially reasonable actions as a leading railcar operating lessor would reasonably take in respect of such Third Party Event, including, as deemed appropriate (taking into account, among other things, the laws of the jurisdiction in which such Portfolio Railcar is located or operated), seeking to compel such Lessee or other relevant Person to remedy such Third Party Event or seeking to repossess the relevant Portfolio Railcar:

  • Interim Covenants During the period from the date of this Agreement and continuing until the Closing, the Seller and the Stockholders each agree (except as expressly contemplated by this Agreement or to the extent that Buyer shall otherwise consents in writing) that:

  • Voting Covenant Subject to Section 3.4, Stockholder hereby agrees that, during the Voting Period, at any meeting of the stockholders of the Company, however called, and in any written action by consent of stockholders of the Company, unless otherwise directed in writing by Parent, Stockholder shall cause the Subject Securities to be voted:

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