Postclosing Agreement Sample Clauses

Postclosing Agreement. On the Closing Date, the Seller shall execute, and shall cause each of its shareholders to execute, a Postclosing Agreement with the Buyers including covenants not to compete with the Buyers in the markets served by the Stations and agreements to indemnify the Buyers in the form of Exhibit C attached hereto. A portion of the Purchase Price equal to Fifty Thousand Dollars ($50,000) shall be paid to the Seller by the Buyers on the Closing Date as consideration for the agreements set forth in the Postclosing Agreement.
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Postclosing Agreement. On the Closing Date, the Seller shall execute, and shall cause its operating general partner to execute, a Postclosing Agreement with the Buyers including covenants not to compete with the Buyers in the markets served by the Stations and agreements to indemnify the Buyers in the form of Exhibit C attached hereto.
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Postclosing Agreement. On the Closing Date, the Seller shall execute, and shall cause shareholders Seacoast and Kennebec to execute, a Postclosing Agreement with the Buyer including covenants not to compete with the Buyer in the markets served by the Stations and agreements to indemnify the Buyer in the form of Exhibit D attached hereto. A portion of the Purchase Price equal to Fifty Thousand Dollars ($50,000) shall be paid to the Seller by the Buyers on the Closing Date as consideration for the agreements set forth in the Postclosing Agreement.
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Postclosing Agreement. On the Closing Date, the Seller shall execute, and shall cause shareholder Xxxxx Xxxxx to execute, a Postclosing Agreement with the Buyer containing a covenant not to compete with the Buyer in the markets served by the Stations. A portion of the Purchase Price equal to Thirty Thousand Dollars ($30,000.00) shall be paid to the Seller by the Buyers on the Closing Date as consideration for the covenant not to compete set forth in the Postclosing Agreement.
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Postclosing Agreement. On the Closing Date, the Seller shall cause Venice Michel to execute, a Postclosing Agreement with the Buyers including covenants not to compete with the Buyers in the markets served by the Station and to indemnify the Buyers in the form of Exhibit E attached hereto. A portion of the Purchase Price, equal to One Hundred Fifty Thousand Dollars ($150,000) shall be paid by the Buyers to the Seller Stockholders, on the Closing Date as consideration for the agreements set forth in the Postclosing Agreement.
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Postclosing Agreement. On the Closing Date, the Sellers shall execute, and shall cause shareholders X. Xxxxxx Xxxxxx, Xxxxx X.
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Postclosing Agreement. On the Closing Date, the Seller shall execute, and shall cause shareholder United Heritage Corporation to execute, a Postclosing Agreement with the Buyer including covenants not to compete with the Buyer in the markets served by the Stations and agreements to indemnify the Buyer in the form of Exhibit C attached hereto. A portion of the Purchase Price equal to Fifty Thousand Dollars ($50,000) shall be paid to the Seller by the Buyers on the Closing Date as consideration for the agreements set forth in the Postclosing Agreement.
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Postclosing Agreement. On or before October 15, 2003, the Obligated Parties shall use commercially reasonable efforts to deliver or cause to be delivered to the Collateral Agent amendments, in form and substance acceptable to the Collateral Agent, to the UCC financing statements filed against Advanced Distributor Products and Lennox Hearth Products by Summit Funding Group to limit the scope of each such financing statement to the actual property subject to the transaction evidenced thereby.
Sample 1
Postclosing Agreement. On the Closing Date, the Sellers shall execute, and shall cause each of their shareholders to execute, a Postclosing Agreement with the Buyers including covenants not to compete with the Buyers in the markets served by the Stations for a period not to exceed three years and agreements to indemnify the Buyers in the form of Exhibit C attached hereto; PROVIDED, HOWEVER, that it is understood and agreed that the Postclosing Agreement shall not prohibit the construction or operation by Sellers (or another business entity controlled by Xxxxx Xxxxxxx) of a Class C2 FM broadcast station licensed to serve Faribault, Minnesota. A portion of the Purchase Price equal to Fifty Thousand Dollars ($50,000) shall be paid to the Sellers by the Buyers on the Closing Date as consideration for the agreements set forth in the Postclosing Agreement.
Sample 1

Related to Postclosing Agreement

  • Closing Agreements On the Closing Date, the following activities shall occur, the following agreements shall be executed and delivered, and the respective parties thereto shall have performed all acts that are required by the terms of such activities and agreements to have been performed simultaneously with the execution and delivery thereof as of the Closing Date:

  • Post-Closing Agreement Administrative Agent shall have received an executed and delivered post-closing agreement (the “Post-Closing Agreement”) with respect to certain post-closing undertakings by the Credit Parties.

  • Post Closing Agreements From and after the Closing, the parties shall have the respective rights and obligations which are set forth in the remainder of this Article VI.

  • Marketing Agreement The Company shall have entered into, ------------------- executed and delivered the Marketing Agreement.

  • Support Agreement CFSC will not terminate, or make any amendment or modification to, the Support Agreement which, in the determination of the Agent, adversely affects the Banks’ interests pursuant to this Agreement, without giving the Agent and the Banks at least thirty (30) days prior written notice and obtaining the written consent of the Majority Banks.

  • Closing Arrangements Subject to the terms and conditions hereof, the transactions contemplated herein shall be closed at the Closing Time at the offices of the Corporation at Xxxxx 000 0000 Xxxxxxxxx Xxxx Xxxxxx, Xxxxxxx, 00000 or at such other place or places as may be mutually agreed upon by the Corporation and the Purchaser.

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

  • Tax Agreement It will give notice of any failure of a representation made by it under Section 3(f) to be accurate and true promptly upon learning of such failure.

  • Services Agreement The Company has entered into the Services Agreement with the Sponsor pursuant to which the Sponsor will make available to the Company general and administrative services including office space, utilities and secretarial support for the Company’s use for $10,000 per month, subject to adjustment as provided for in the Services Agreement. Prior to the consummation of a Business Combination, the Company shall not enter into any other arrangement for the provision of such services with any Insider that will require the Company to pay in excess of $10,000 per month for such services.

  • Acquisition Agreement The Administrative Agent shall have received a fully executed or conformed copy of the Acquisition Agreement which shall be in full force and effect.

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