The Covenant Sample Clauses
The Covenant clause establishes a binding promise or obligation that one party makes to another within a contract. Typically, this clause outlines specific actions that a party must do or refrain from doing, such as maintaining insurance, meeting performance standards, or not engaging in certain activities. By clearly defining these ongoing duties, the Covenant clause helps ensure that both parties understand their responsibilities, thereby reducing the risk of disputes and promoting compliance throughout the contractual relationship.
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The Covenant. The Employment Agreements or, as applicable, assumptions of assigned Employment Agreements.
The Covenant. A. Party of the second part—Israel (Deut. 29:10–12). The entire population of Israel is included in this covenant, including the women, child r e n and the temporary resisdents.
B. Rationale for keeping this covenant: “In order that He may establish you today as His people and that He may be your God, just as He spoke to you and as He swore to your fathers, To ▇▇▇▇▇▇▇, ▇▇▇▇▇ and ▇▇▇▇▇.” (De ut. 29:13 ) . Notice that this covenant is tied to th e Ab r ah amic Covenant—the contract between God and ▇▇▇▇▇▇▇.
C. The extended nature of the covenant; i.e ., this is not just a covenant between God and those who are standing there before M oses but this is a covenant to spans all of Israel (Deut. 29:14–15). In v. 15, M oses mentions the party of the first part, Yehowah God. This contract is being ratified before the presence of God.
▇. ▇ oses contrasts their God with those of the heathen through whose lands they have passed (Deut. 29:16–17).
▇. ▇ oses makes it clear that pursuing another god is an immediate violation of this contract which will result in horrible discipline (Deut. 29:18–29).
1. Violation of this covenant is pursuing another god and thinking that they are safe and secure in this choice (vv. 18–19).
2. God pours out discipline upon that individual and the nation (vv. 20–21).
3. The land will bear horrible reminders of the discipline which God has placed upon Israel. It will be a desert area (v. 23)
4. Other nations and people will observe this land and be totally amazed at the destruction and ask why has it been so totally destroyed (vv. 22, 24).
5. They are answered that Israel chose to pursue another god, therefore, the true God, the God of Israel, Yehowah, poured cursing upon them (vv. 25–27).
6. Israel is removed from the land (v. 28)
F. While out of the land under the fifth cycle of disciplin e, Israel will have the opportunity to personally examine what it was that the y did. This does not mean that each and every Jew for the p ast 2000 years has done soul-searching and realizes what has gone wrong with their lives. Israel is under a partial blindness now. Let me clarify that, because of her negative volition toward ▇▇▇▇▇ ▇▇▇▇▇▇, the natural result is a build-up of scar tissue on th e ir souls and a soul blindness results. No matter who it is, n e g ativ e volition toward the only God of the Universe, ▇▇▇▇▇ ▇▇▇▇▇▇, will result in a partial blindness. It is a blindness of choice. Because the y have rejected God, blindness has formed on the ir so...
The Covenant. The Sharing Agreement.
The Covenant. An opinion of Seller's corporate and FCC Counsel, dated the Closing Date, substantially in the form set forth in Exhibit B, subject to customary qualifications and to be for the benefit of and to be relied upon by Buyer and the Senior Lenders.
The Covenant. The Tenant covenants to pay Rent and all other costs and charges required to be paid by the Tenant in accordance with the terms and conditions of this Lease as herein provided, including GST at such place a s the Landlord may direct.
The Covenant. Not-to-Compete shall not (i) apply in the State of Wisconsin, (ii) apply to any direct or indirect subsidiary of a Seller which is not wholly-owned or (iii) prevent a Seller from:
(1) selling, renting, installing or providing on-site treatment services with respect to Sani-pak units or other on-site treatment technologies (with the exception that for a period of six months following the Time of Closing, Seller shall not sell, rent, install or provide on- site treatment services with respect to Sani-pak units or other on-site treatment technologies to any Customer Account with which it had not engaged in active discussions regarding the provision of such services during the 12-week period ending with the day of Closing);
(2) providing solid waste collection, transportation, treatment, recycling or disposal services, including, without limitation, such services with respect to medical waste which has been converted into solid waste by permitted treatment methods or permitted landfill disposal of untreated medical waste;
(3) hauling and disposal of ash residue from medical waste incinerators;
(4) participating in any Sharps mail-back programs pursuant to which customers would mail Sharps packaged in special containers to treatment facilities; or
(5) acquiring and holding not to exceed two percent (2%) of the outstanding shares of any corporation engaged in such a competitive business if such shares are available to the general public on a national securities exchange. In addition, the Covenant-Not-to-Compete in Section 12(a)(2) shall terminate in respect of a facility identified in Section 13 upon the expiration or termination of the Purchaser's lease or sublease of the facility (other than by reason of the Purchaser's exercise of its option to purchase the facility or the Seller's leasehold interest).
The Covenant. 2.1 Subject to clause 3 the Covenantors hereby severally (limited to the due proportions received by the individual Covenantor in respect of the sale of the Shares to the Purchaser) agree with the Purchaser to pay to the Purchaser an amount equal to:-
2.1.1 any liability to Taxation of the Company arising:-
(a) as a result of or by reference to any Event on or before Completion;
(b) by reference to any profit earned, accrued or received on or before Completion;
2.1.2 any liability to Taxation of the Company which would have been saved but for the loss, reduction, modification, setting-off or cancellation of some Relief taken into account in preparing the Completion Accounts or, prior to finalisation of the Completion Accounts, the Audited Accounts in consequence of an Event occurring on or before Completion;
2.1.3 any liability to Taxation of the Company which arises in consequence of an Event occurring on or before Completion and which would have been payable but for the utilisation or set-off of some Relief or right to repayment where the Relief or right to repayment arises in respect of an Event occurring after Completion;
2.1.4 any depletion in or reduction in value of the assets or increase in the liabilities of the Purchaser and the Company as a result of any inheritance tax which:-
(a) is at Completion a charge on or gives rise to a power to sell, mortgage or charge any of the shares or assets of the Company; or
(b) after Completion becomes a charge on or gives rise to a power to sell, mortgage or charge any of the shares or assets of the Company, which is a liability in respect of inheritance tax payable as a consequence of the death of any person (whenever occurring) within seven years after a transfer of value, occurring on or before Completion;
(c) arises as a consequence of a transfer of value occurring on or before Completion (whether or not in conjunction with the death of any person whenever occurring) made by or to the Company.
2.2 For the avoidance of doubt, any payment made by the Company or the Purchaser to discharge or remove any power to sell, mortgage or charge shall give rise to a liability and notwithstanding any provision of this Tax Deed the Company or the Purchaser may disregard any right to pay any Taxation in instalments in discharging or removing a charge or power.
The Covenant. Owner hereby conveys to the District a recreation conservation covenant (“Covenant”) within the meaning of Restatement Third, Property (Servitudes) §1.6(1) and pursuant to the authority of Civil Code §§815 et seq. and the common law of California, to assure that the Property will be continuously used, maintained and operated by Owner and its successors in interest as a public park and open space preserve in perpetuity, available to the public for low-intensity public outdoor recreation and educational uses in a manner consistent with the Conservation Easement and the provisions herein.
The Covenant. Macronix covenants on behalf of itself and its Subsidiaries that it shall not assert Macronix NVM Patents (including, but not limited to Macronix NROM Patents) and Confidential Information disclosed to Saifun or to Saifun's Subsidiary, against Saifun or its Subsidiary for the use, design, development, manufacture, importation, sale, offering to sell, or *** Omitted pursuant to a confidential treatment request. The confidential information has been filed separately with the SEC. other disposition or activity regarding the Saifun Products. Such non-suit covenant will equally apply to other third party companies for the use, importation, sale, disposition or other utilization permissible under this Agreement with regards with the Saifun Products. The covenant in accordance with this provision will be automatically revoked if and when Macronix and such a third party is involved in mutual litigation initiated by such a third party. In other cases where Macronix believes that the covenant presents a significant commercial threat to Macronix against a harmful competitor the Parties will discuss potential courses of action and conduct good faith negotiations.
