The Covenants Sample Clauses
The Covenants clause sets out the ongoing promises and obligations that parties agree to uphold throughout the duration of a contract. These covenants may include requirements such as maintaining certain financial ratios, refraining from specific actions, or performing particular duties, depending on the nature of the agreement. By clearly outlining these continuing commitments, the clause helps ensure that both parties act in accordance with agreed standards and reduces the risk of disputes arising from unmet expectations.
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The Covenants. The Employment Agreements.
The Covenants. The Guarantor covenants with the Landlord to observe the requirements of this clause 7.1,2.
The Covenants. (A) From and after the date of this Agreement through the Completion Date, except as expressly contemplated or permitted by this Agreement, the Parties shall conduct their businesses in the ordinary course of business, and use reasonable efforts to maintain and preserve its business organizations, assets, employees and advantageous business relationship;
(B) The Parties will use their best efforts to bring about the fulfillment of each of the conditions precedent to the obligations of the other ▇▇▇▇▇ to close the tra11sactions contemplated by this Agreement, and will render reasonable assistance to the other party as requested by such other party to enable it to fulfill its obligations hereunder. The Parties shall give notice to the other party, when they, respectively, have satisfied all of the conditions to the other party's obligation to close for which they, respectively, are responsible;
(C) Prior to Completion, neither the Seller, on the one hand, nor the Purchaser, the other hand, shall, without prior written consent of the other party:
(i) except in the ordinary course of business, enter into, amend or tem1inate any material contracts or agreements, including, without limitation, any agreements of employment, stock or asset sale, acquisition, merger, consolidation or other business acquisition, disposition, or combination, or make any change in any material contracts;
(ii) amend its certificate of incorporation or by-laws;
(D) The Parties shall promptly advise the other party of any change or event having a material adverse effect on it or which it believes would or would be reasonably likely to cause or constitute a material breach of their respective representations, warranties or covenants hereunder;
(E) Prior to the date that is three (3) years after the date of this Agreement, the Seller shall not own or operate any Business in competition to that of the Purchaser or solicit its employees and/or enter into any advertising agreements with the Purchaser's competitors at any location in the United States or Europe;
(F) The Purchaser undertakes to honour the promissory note under Clause 4(A)(viii) and to pay an interest of 4 per cent per annum from the due day to the date of the final payment and agrees that the Seller may offset the same for any unfulfilled obligations, adjustments or breaches pursuant to this Agreement and undertakes that such adjustment report shall be issued to the Seller no later than 28th February 2011 along with the amount ...
The Covenants. This declaration and the provisions contained in it.
The Covenants. A certificate of non-foreign status pursuant to Section 1445 of the Internal Revenue Code of 1986, as amended, together with any certificates required pursuant to Colorado law.
The Covenants. The Guarantor covenants with the Landlord to observe the requirements of this clause
The Covenants. Agreements shall survive the Closing for a period from the Closing Date equal to the statute of limitations for written contracts in Texas; provided, however, where any claim or action brought relating to any Covenant/Agreement is actually for a breach of Warranty, such claim shall be brought within the earlier to expire of (a) the applicable statute of limitations or (b) the applicable survival period with respect to such Warranty.
The Covenants and agreements herein contained shall bind and inure to the benefit of Lessor and Lessee, their successors and assigns, subject to the provisions of this Lease.
The Covenants. The Owner hereby covenants with the Council to observe and perform and cause to be observed and performed the undertakings covenants and restrictions contained in Schedule 2
The Covenants. In June 1977, restrictive deed covenants for Swift Estates were recorded with the register of deeds and stated in pertinent part: Swift Estates, Inc., a Michigan corporation, being the owner and dedicator of all the land in the plat of Swift Estates situated in Chikaming Township, Berrien County, Michigan, for and in consideration of the covenants and restrictions herein contained, do hereby declare that said plat shall be subject to the following restrictions: If any owner or owners of any lot or lots in said plat shall violate or attempt to violate any of the covenants herein, they shall be liable to prosecution and proceedings at law or in equity, to restrain any person or persons violating or attempting to violate any such covenant and to recover damages resulting to him or them from such violation. In July 1977, the Declaration of Covenants and Restrictions (Declaration), was recorded, and Art 1, § 1, delineated this purpose: The Developer is the owner of that certain real estate located in Berrien County, Michigan as described in Exhibit A attached hereto and made a part hereof which has been subdivided and provision made in said subdivision for common properties designed for the private use of owners in said subdivision, except as otherwise provided herein. The Developer desires to provide for the preservation of the values and amenities in said subdivision and for the maintenance of the common properties therein and to this end desires to subject the real property described in Exhibit A to the covenants, restrictions, easements, charges and liens hereinafter set forth, each and all of which is and are for the benefit of said property and each owner thereof. [Emphasis added.] To ensure that the developed properties were of good and attractive design, in harmony with the area’s natural setting, preserved and enhanced the existing natural area setting, and assessment of the workmanship of improvements, an architectural review committee (ARC) was established to approve and disapprove of pertinent matters. The Declaration, Art III. Therefore, no building, fence, wall, or other structure could be commenced, erected, or maintained on the properties unless submitted to and approved by the ARC. Additionally, plans and specifications and changes to the property grade had to be submitted to the ARC. RECEIVED by MSC 1/8/2025 1:58:34 PM In Art 4, § 1, addressing land use, the Declaration stated: No lot shall be used for other than single family residence purpos...
