Common use of Will Avoid Certain Actions Clause in Contracts

Will Avoid Certain Actions. The Company will not, by amendment of its Articles of Incorporation or through any reorganization, transfer of assets, consolidation, merger, issue or sale of securities or otherwise, avoid or take any action which would have the effect of avoiding the observance or performance hereunder by the Company, but will at all times in good faith assist in carrying out of all the provisions of the Warrants and in taking all such actions as may be necessary or appropriate in order to protect the rights of the Warrantholder against dilution or other impairment.

Appears in 6 contracts

Samples: Registration Rights Agreement (Velocity Express Corp), Purchase (United Shipping & Technology Inc), Agreement and Plan of Reorganization (U Ship Inc)

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Will Avoid Certain Actions. The Company will not, by amendment of its Articles certificate of Incorporation incorporation or through any reorganization, transfer of assets, consolidation, merger, issue or sale of securities or otherwise, avoid or take any action which would have the effect of avoiding the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all of all the provisions of the Warrants this Warrant and in taking all such actions action as may be necessary or appropriate in order to protect the rights of the Warrantholder holders of this Warrant against dilution or other impairment.

Appears in 2 contracts

Samples: Settlement Agreement (3ci Complete Compliance Corp), Settlement Agreement (3ci Complete Compliance Corp)

Will Avoid Certain Actions. The Company will not, . by amendment of -------------------------- its Articles of Incorporation Charter or through any reorganization, transfer of assets, consolidation, merger, issue or sale of securities or otherwise, avoid or take any action which would have the effect of avoiding the observance of performance of any of the terms to be observed or performance performed hereunder by the Company, but will at all times in good faith assist in carrying out all of all the provisions of the Warrants this Option and in taking of all such actions action as may be necessary or appropriate in order to protect the rights of the Warrantholder holders of this Option against dilution or other impairment.

Appears in 1 contract

Samples: Option Agreement (Sylvan Learning Systems Inc)

Will Avoid Certain Actions. The Company will not, by amendment of its Articles of Incorporation or through any reorganization, transfer of assets, consolidation, merger, issue or sale of securities or otherwise, avoid or take any action which would have the effect of avoiding the observance or performance hereunder by the Company, but will at all times in good faith assist in carrying out of all the provisions of the Warrants Warrant and in taking all such actions as may be necessary or appropriate in order to protect the rights of the Warrantholder against dilution or other impairment.

Appears in 1 contract

Samples: United Shipping & Technology Inc

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Will Avoid Certain Actions. The Company will not, by amendment of its Articles Certificate of Incorporation or through any reorganization, transfer of assets, consolidation, merger, issue or sale of securities or otherwise, avoid or take any action which would have the effect of avoiding the observance or performance hereunder by the Company, but will at all times in good faith assist in carrying out of all the provisions of the Warrants and in taking all such actions as may be necessary or appropriate in order to protect the rights of the Warrantholder against dilution or other impairment.

Appears in 1 contract

Samples: Ebix Com Inc

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