COVENANTS OF CONCENTRIC Sample Clauses

COVENANTS OF CONCENTRIC. Concentric agrees that:
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COVENANTS OF CONCENTRIC. 5.1 During the Pre-Effective Date Period Concentric will, subject to the fact that a transaction involving its Business is contemplated hereby, continue to carry on the Business of Concentric in a manner consistent with prior practice, working to preserve the attendant goodwill and good standing of such entities and their Assets and to contribute to retention of that goodwill to and after the Execution Date. The following provisions of this Part 5 are intended to be in furtherance of this general commitment.
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Related to COVENANTS OF CONCENTRIC

  • Covenants of Company In the event that any litigation with claims in excess of $1,000,000 to which the Company is a party which shall be reasonably likely to result in a material judgment against the Company that the Company will not be able to satisfy shall be commenced by an Owner, during the period beginning nine months following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Company, such judgment has been satisfied), the Company shall not make any distribution on or in respect of its membership interests to any of its members, or repay the principal amount of any indebtedness of the Company held by CFC, unless (i) after giving effect to such distribution or repayment, the Company's liquid assets shall not be less than the amount of actual damages claimed in such litigation or (ii) the Rating Agency Condition shall have been satisfied with respect to any such distribution or repayment. The Company will not at any time institute against the Trust any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Certificates, the Notes, this Agreement or any of the Basic Documents.

  • Covenants of Contributor Contributor agrees as follows:

  • Covenants of Parent Parent agrees that:

  • COVENANTS OF BORROWER Borrower agrees as follows:

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

  • NEGATIVE COVENANTS OF BORROWER Borrower agrees that so long as it is indebted to Bank, or so long as Bank has any obligation to extend credit to Borrower, it will not, without Bank's written consent:

  • COVENANTS OF CONSULTANT Consultant covenants and agrees with the Company that, in performing Consulting Services under this Agreement, Consultant will:

  • Covenants of the Borrower SECTION 5.01.

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