Purchaser Covenants. The covenants and obligations required by this Agreement to be performed or complied with by Purchaser at or before the Closing Date have been duly performed or complied with in all material respects.
Purchaser Covenants. Purchaser shall have performed and complied in all material respects with all agreements and covenants required to be performed and complied with by Purchaser under this Agreement at or prior to the Closing Date; and
Purchaser Covenants. 10.01. Pre-Closing Date. Purchaser covenants that between the date hereof and the Closing Date, except as contemplated by this Agreement or with the consent of Seller, which consent shall not be unreasonably withheld, conditioned or delayed:
Purchaser Covenants. Purchaser agrees that, between the Effective Date of this Agreement and the Closing Date, neither Purchaser nor any of the Purchaser Parties will, without the prior written consent of Seller:
Purchaser Covenants. Until the Termination Date, Purchaser agrees to perform the covenants set forth below:
Purchaser Covenants. Purchaser covenants and agrees to purchase the Property from Seller under terms of this Agreement. Closing and Extensions: Closing shall occur on or before , 2010. Time is of the essence with regard to this Agreement. This Agreement may be extended for a mutually-agreed period of time only upon execution of a written Extension Agreement by both parties hereto. AS-IS Condition: Purchaser, by execution of this Agreement, hereby acknowledges and agrees that it is purchasing the Property in “As Is” condition at the time of closing, including any hidden defects of any nature, known or unknown, with no representations, warranties or guarantees whatsoever, express or implied, regarding the nature, value, source, authenticity, fitness, merchantability or any other aspect or characteristic of the Property. Buyer hereby acknowledges that no statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. Buyer further covenants that it shall not rely on any representation, warranty or guaranty made by any third party with respect to the Property and that Seller is not responsible for any liens, encumbrances, defects or costs thereof nor any expenses incurred by Purchaser prior to closing. Closing Costs: Upon tender of quitclaim deed, Purchaser agrees to fully comply with the terms of this Agreement. All real estate taxes, deed transfer and/or documentary stamps and any other closing costs shall be paid by Purchaser. Seller shall prepare and record the deed and Purchaser agrees to pay a Deed Preparation Fee to Seller, in addition to the Purchase Price described above, in the amount of $335.00, such amount to be paid with the payment of the balance of the Purchase Price described hereinabove. Default: Upon failure of Purchaser to comply with the terms of this Agreement within the stipulated time period, Seller shall be entitled to retain the Xxxxxxx Money Deposit amount paid as liquidated damages and full settlement of this Agreement. Upon failure of the Seller to comply with the terms hereof within the stipulated time, Seller shall return to Purchaser the Xxxxxxx Money Deposit amount paid as liquidated damages and full settlement of this Agreement.
Purchaser Covenants. (a) The Purchaser shall not pay any cash dividends on its capital stock until the earliest of (a) February 28, 2008, (b) the payment in full of the amounts owing under Section 1.7 hereof, or (c) the date on which it is finally determined that no amounts shall be owing pursuant to Section 1.7 hereof.
Purchaser Covenants. Each Purchaser covenants and agrees with the Company as follows:
Purchaser Covenants. Each of the Purchasers covenants and agrees with the Purchasers that it will not either directly or indirectly take any short position or hedge position in the Company's Common Stock until all of the Purchasers have converted all of the Debentures into Debenture Shares and exercised all of the Warrants for Warrant Shares, nor will any Purchaser make any promissory notes and/or pledges to that effect on the Company's Common Stock.
