PCTEL Covenants Sample Clauses

PCTEL Covenants. PCTEL shall, and shall cause its employees to, (i) operate under the License in a clean, safe and sanitary manner and shall not damage any property in the Cafeteria or commit, permit or suffer to exist any waste or nuisance at the Complex, (ii) minimize any interference with Adaptec's and other parties' use of the Cafeteria, (iii) permit only PCTEL and its authorized employees (including independent contractors) to use the Cafeteria, (iv) enter the Cafeteria only through the S. Milpitas Boulevard entrance, and (v) comply with the rules and regulations now or hereafter established by Adaptec from time to time regarding the use of the Cafeteria. PCTEL's rights under this License are conditioned on (a) the execution by PCTEL and its employees of agreements that release Adaptec and its employees, agents and other representatives from all loss or damage to the employees' property and bodily injury or death, including, without limitation, the agreement attached hereto as Exhibit C, (b) the compliance by PCTEL's employees with building security and Cafeteria use rules and policies established by Adaptec from time to time, (c) the use of the Cafeteria by PCTEL and its employees only during certain designated hours, (d) PCTEL maintaining the insurance set forth in Paragraph 4 below, and (e) such other matters as Adaptec reasonably may determine. PCTEL and its employees shall not enter any areas in Buildings 4 or 7 outside of the Cafeteria.
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Related to PCTEL Covenants

  • Special Covenants If any Company shall fail or omit to perform and observe Section 5.7, 5.8, 5.9, 5.11, 5.12, 5.13 or 5.15 hereof.

  • Additional Covenants The Company covenants and agrees with the Agent as follows, in addition to any other covenants and agreements made elsewhere in this Agreement:

  • General Covenants The Corporation covenants with the Warrant Agent that so long as any Warrants remain outstanding:

  • Joint Covenants Buyer and Seller hereby covenant and agree that between the date hereof and Closing:

  • Mutual Covenants Each Party hereby covenants to the other Party that:

  • Financial Covenants So long as any Advance or any other Obligation of any Loan Party under any Loan Document shall remain unpaid, any Letter of Credit shall be outstanding or any Lender Party shall have any Commitment hereunder, the Borrower will:

  • Specific Financial Covenants During the term of this Agreement, and thereafter for so long as there are any Obligations to Lender, Borrower covenants that, unless otherwise consented to by Lender in writing, it shall:

  • Certain Additional Covenants (a) If any Pledgor shall, as a result of its ownership of any of the Collateral, become entitled to receive or shall receive any Stock Certificate (including any Stock Certificate issued pursuant to a stock dividend or a distribution in connection with any reclassification or increase or reduction of capital, or any Stock Certificate issued in connection with any reorganization) or any other certificate evidencing any Collateral, such Pledgor shall accept the same as the agent of the Agent, hold the same in trust for the Agent and deliver the same forthwith to the Agent in the exact form received, duly endorsed by such Pledgor to the Agent, if required, together with an undated stock power covering such Stock Certificate or other certificate duly executed in blank by such Pledgor and with, if the Agent so requests, signature guaranteed, to be held by the Agent, subject to the terms hereof, as additional Collateral. Any sums paid upon or in respect of the Pledged Equity Interests upon the liquidation or dissolution of any Subsidiary shall be paid over to the Agent to be held as additional Collateral. In case any distribution of capital shall be made on or in respect of the Pledged Equity Interests or any property shall be distributed upon or with respect to the Pledged Equity Interests pursuant to the recapitalization or reclassification of the capital of the Pledgor or any Subsidiary or pursuant to the reorganization thereof, as applicable, the capital or property so distributed shall be delivered to the Agent to be held as additional Collateral. If any such capital or property so paid or distributed shall be received by any Pledgor, such Pledgor shall, until such capital or property is paid or delivered to the Agent, hold such money or property in trust for the Agent, segregated from other funds of such Pledgor, as additional Collateral.

  • 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:

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