RECIPIENT COVENANTS Sample Clauses

RECIPIENT COVENANTS. Recipient hereby covenants:
AutoNDA by SimpleDocs
RECIPIENT COVENANTS. As consideration for the Deal Incentive Award to be granted or paid pursuant to this Agreement, without prior written consent of ING or Newco:
RECIPIENT COVENANTS. Recipient covenants and agrees, and will direct its Representatives:
RECIPIENT COVENANTS. In order to induce Foundation to enter into this Agreement, and to award the aforementioned Funding, Recipient covenants as follows:
RECIPIENT COVENANTS. RECIPIENT covenants to CRS: (i) to maintain in the strictest confidence all of the Confidential Information, to use it solely in furtherance of the Purpose and not for any other, and not to disclose any Confidential Information to any third party, except as expressly provided below, without specific written authorization from CRS; (ii) to exercise its commercially reasonable efforts to prevent the use or disclosure of the Confidential Information by any Permitted Recipient (as defined below) to the detriment of CRS, and to limit disclosure of such information to only the Permitted Recipients to whom disclosure is necessary in furtherance of the Purpose; and (iii) to destroy all documents received from CRS, including any copies, extracts, notes or summaries made thereof, except for those copies that are required to be retained under document retention policies, within five (5) business days of receiving written notice from CRS requesting such return. RECIPIENT further represents and warrants that prior to the date of this Agreement, RECIPIENT has made no disclosures of any Confidential Information that would violate the terms of this Agreement. Notwithstanding the foregoing, RECIPIENT may disclose Confidential Information: (A) on a confidential basis to those of its investor/purchaser clients, employees, officers, attorneys, accountants and lenders who need to receive it for the purpose of evaluating the Purpose (each a “Permitted Recipient”), provided that all such persons shall be under the same obligation as RECIPIENT has hereunder to keep such information confidential and with respect to any investor/purchaser client, RECIPIENT shall cause such client to execute a confidentiality agreement in form and substance that is substantially the same to this agreement; or (B) when required to comply with applicable laws or governmental regulations. RECIPIENT will in all events be responsible for any disclosure or other use of Confidential Information by any of the Permitted Recipient in violation of this Agreement.
RECIPIENT COVENANTS. Recipient covenants that it is authorized to enter into this Services Agreement.
AutoNDA by SimpleDocs
RECIPIENT COVENANTS 

Related to RECIPIENT COVENANTS

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

  • Parent Covenants The Parent will:

  • 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:

  • Independent Covenants This Lease shall be construed as though the covenants herein between Landlord and Tenant are independent and not dependent and Tenant hereby expressly waives the benefit of any statute to the contrary and agrees that if Landlord fails to perform its obligations set forth herein, Tenant shall not be entitled to make any repairs or perform any acts hereunder at Landlord’s expense or to any setoff of the Rent or other amounts owing hereunder against Landlord.

  • Ship Covenants The undertakings in this Clause 21 remain in force throughout the Security Period.

  • Specific Covenants The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03, 6.05, 6.10, 6.11 or 6.12 or Article VII; or

  • Information Covenants The Borrower will furnish to the Administrative Agent (which shall promptly make such information available to the Lenders in accordance with its customary practice):

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!