Your Covenants. You covenant with the Company as follows:
Your Covenants. Regardless of whether you qualify for severance, you agree to the following:
Your Covenants. You covenant with the Company that you have not provided and will not provide to the purchasers of Shares any written or oral information regarding the business of the Company, including any representations regarding the Company's financial condition or financial prospects, other than such information as is contained in the Prospectus.
Your Covenants. In consideration for the opportunity to receive severance hereunder, you agree to the following:
Your Covenants. You shall:
(a) pay for any losses or damages to the property caused by you, a member of your party or a guest, excluding reasonable wear and tear;
(b) permit the owners and their agents reasonable access to the property on reasonable notice for inspection and repair purposes;
(c) not part with possession of the cottage or premises, or share it, except with members of the party listed above;
(d) not cause an annoyance or become a nuisance to neighbours.
Your Covenants. You covenant with the Company as follows:
(a) You agree to manage the distribution of the Units and to sell the Units according to all of the terms and conditions of the NASD, all applicable state and federal laws, including the Act, and any and all regulations related thereto. You shall not have any authority to give any information or make any representations in connection with any offer or sale of the Units other than as contained in the Memorandum or as is otherwise expressly authorized in writing by the Company.
(b) The Units shall be offered and sold only where the Units may be legally offered and sold, and only to such persons in such states who shall be legally qualified to purchase the Units.
(c) Neither you nor any person associated with you shall give any information, written or oral, or make any representation, written or oral, in connection with the offering other than those contained in the Memorandum or such other material as may be provided or approved by the Company.
(d) You agree to engage as Soliciting Dealers only entities which are also members of the NASD.
Your Covenants. 9.1 You hereby agree, undertake and covenant with us as follows:-
9.1.1 that the Machine shall be used solely for its permitted purpose referred to in Clause 3 in this Agreement;
9.1.2 that the Machine shall at all times throughout the term of this Agreement be placed at your business premise;
9.1.3 that you shall ensure all advertisements provided for and authorized by us from time to time is displayed on the Machine at all times throughout the term of this Agreement whether or not it is the printed advertisements which shall be attached to the body of the Machine in a way that is easily noticed by your customers or the video advertisements which shall be displayed on the LED screen of the Machine. You further covenant that the LED screen of the Machine shall be switched on at all times during your business hours;
9.1.4 that the Machine shall be used in a proper manner and kept in the same condition as it was at the time it was handed to you, save for normal wear and tear;
9.1.5 that the Machine shall only be operated by you or your agents;
9.1.6 that you shall not make any alterations or additions whatsoever to the Machine or remove or replace any component therein without our prior written consent;
9.1.7 that you shall not place or suffer to be placed, products that do not belong to us into the Machine;
9.1.8 that you shall not at any t ime during the term of this Agreement bring upon your business premise any machines or/ and products of the same kind as or similar to the Machine;
9.1.9 that you shall not sell the machine to any third party;
9.1.10 that you shall not underlet, sublet, demise, assign, share or part with the possession of the Machine or any part thereof without our prior written consent;
9.1.11 that you shall not use or permit or suffer the Machine to be used for any illegal, unlawful or immoral purposes including and not limited to placing illegal advertisements whether
Your Covenants. (a) Purpose and Use of the Loan. You acknowledge and agree that the Loan shall only be used to fund non- refundable operating expenses (i.e. payroll, rent, utilities, insurance, property tax and regularly scheduled debt service payments) and may not be used to fund payments of expenses such as repayment or refinancing of existing indebtedness (including other indebtedness to the Bank), payments of dividends, distributions, or increases in management compensation. Furthermore, the Loan may not be used for any illegal or illicit purpose and you may not repay any amount of the Loan using funds that were received or derived from any illegal or illicit activity.
Your Covenants. You covenant and agree with us that, so long as any Advance is outstanding and until payment in full of all Secured Obligations:
Your Covenants. As a condition to, and as consideration for, the severance and other benefits you are to receive herein, you agree that you will not, at any time during the Employment Period:
(a) directly or indirectly, whether for your own account or as an employee, director, consultant or advisor, provide services to any business or engage in any business which at the time of commencement of such services is competitive with the Company's or any of its subsidiaries' product lines or business activities, unless you obtain the prior written consent of the Company's Chief Executive Officer;
(b) directly or indirectly solicit any individuals to leave the Company's (or any of its subsidiaries') employ for any reason or interfere in any other manner Mr. Xxxxxxx X. Xxxxx October 7, 1999 Page 5 with the employment relationships at the time existing between the Company (or any of its subsidiaries) and its current or prospective employees;
(c) induce or attempt to induce any customer, supplier, distributor, licensor, licensee or other business relation of the Company (or any of its subsidiaries) to cease doing business with the Company (or any of its subsidiaries) or in any way interfere with the existing business relationship between any such customer, supplier, distributor, licensor, licensee or other business relation and the Company (or any of its subsidiaries); or
(d) disparage, defame or slander the Company (or any of its subsidiaries) or any of their officers or directors or any of its products or services, to any one, including but not limited to any past, present or prospective customers. The foregoing sentence is not applicable to comments you may make to your immediate family. During the Employment Period the Company's Board of Directors and its officers shall refrain from any disparagement, defamation or slander of you.
