Post Closing Negative Covenants Sample Clauses

Post Closing Negative Covenants. For a period commencing with the Closing Date and continuing until the earlier to occur of: (i) the date which is three (3) years from the Closing Date or (ii) the date on which the Board of Directors of Clariti determine not to fund the roll-out of [name deleted for reasons of confidentiality] in accordance with Section 2.4.2, the Covenantors shall not, without the unanimous consent of the Board of Directors of Clariti, and subject to any fiduciary duties or legal duties of officers, directors or shareholders of Clariti: 2.5.1 Make any material change in the business operations of Clariti Wireless;
Sample 1
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Related to Post Closing Negative Covenants

  • Additional Negative Covenants Not to, without the Bank's written consent:

  • NEGATIVE COVENANTS So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly:

  • Post-Closing Covenants The Parties agree as follows with respect to the period following the Closing.

  • Certain Negative Covenants Each of the Borrowers covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any obligations to issue, extend or renew any Letters of Credit:

  • Borrower Negative Covenants Borrower covenants and agrees with Lender that:

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

  • Negative Covenant Except as otherwise expressly permitted by this Agreement, between the date of this Agreement and the Closing Date, Sellers will not, and will cause the Company not to, without the prior consent of Buyer, take any affirmative action, or fail to take any reasonable action within their or its control, as a result of which any of the changes or events listed in Section 3.16 is likely to occur.

  • COMPANY'S NEGATIVE COVENANTS Company covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Company shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Post-Closing Covenant The Borrower agrees that it will, or will cause its relevant Subsidiaries to, complete each of the actions described on Schedule 9.14 as soon as commercially reasonable and by no later than the date set forth in Schedule 9.14 with respect to such action or such later date as the Administrative Agent may reasonably agree.

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

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