Post-Closing Protective Covenant Sample Clauses

Post-Closing Protective Covenant. 21.1 The Seller shall not, and the Seller shall procure that none of its Affiliates shall (whether alone, jointly with another, directly or indirectly), for two years after Closing, offer to employ or seek to entice away from any Target Group Company any person who the Seller knew was employed by any Target Group Company at any time during the 12 months ending on the Closing Date, provided that this clause 21 shall not prevent either the Seller and/or any of its Affiliates from: (a) advertising any position of employment; or (b) recruiting any person in response to such advertisement or where the employee has initiated any contact with either the Seller and/or any of its Affiliates with a view to being employed by them.
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Post-Closing Protective Covenant. 16.1 The Seller undertakes that it shall not and shall procure that each member of the Seller Group shall not, either on its own account or in conjunction with or on behalf of any other person, directly or indirectly:
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Post-Closing Protective Covenant. 19.1 The Seller undertakes to the Purchaser, the Purchaser acting for itself and as agent and trustee for each Target Company, that it shall not, and shall procure that no member of the Seller Group (nor, in relation to Clause 19.1(d), no Target Company) shall, do any of the following things:
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Post-Closing Protective Covenant. 1. Except as permitted pursuant to clause 20.7 and clause 20.8, the Seller shall ensure that neither it nor any of its Affiliates shall (whether alone or jointly with another and whether directly or indirectly) carry on or be engaged or concerned or interested economically or otherwise in any manner in any Competing Business in the Netherlands for a period of 3 years after the Closing Date. For this purpose Competing Business means a business which competes with any business carried on during the 12 months preceding the Closing Date by the Business.
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Related to Post-Closing Protective Covenant

  • Protective Covenants In consideration of the Award granted under this Agreement, the Grantee covenants and agrees as follows (the “Protective Covenants”):

  • Executive Covenants This is an Exhibit A to, and forms a part of, an agreement with the Company relating to employment and post-employment competition (the "Presidents' Council Agreement"). This Exhibit shall not diminish in any way Executive's rights under the terms of such Presidents' Council Agreement, except that Executive's receipt of benefits under this Exhibit is contingent upon Executive's compliance in all material respects with all of the terms and conditions of the Presidents' Council Agreement.

  • Positive Covenants The Borrower covenants and agrees that, as long as the Obligations or any part thereof are outstanding or any Bank has any Commitment hereunder, the Borrower will perform and observe the following positive covenants:

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • AFFIRMATIVE COVENANTS OF THE BORROWERS The Borrowers jointly and severally covenant and agree that, so long as any Loan or Note is outstanding or the Banks have any obligation to make Loans or the Agent has any obligation to issue, extend, or renew any Letters of Credit hereunder:

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

  • 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:

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • Compliance with Restrictive Covenants Without intending to limit any other remedies available to the Company Group and except as required by law, in the event that the Executive breaches or threatens to breach any of the covenants set forth in this Section 9, (i) the Company Group shall be entitled to seek a temporary restraining order and/or a preliminary or permanent injunction restraining the Executive from engaging in activities prohibited by this Section 9 or such other relief as may be required to enforce any of such covenants and (ii) all obligations of the Company to make payments and provide benefits under this Agreement shall immediately cease.

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