ASSIGNEE COVENANTS Sample Clauses

ASSIGNEE COVENANTS. The Assignee hereby covenants and agrees with the Assignor that forthwith upon the assignment of the Agreement of Purchase and Sale it will assume, perform, comply with and be bound by, all obligations, warranties and representations of the Assignor as contained in the Agreement of Purchase and Sale as if the Assignee had originally executed the Agreement of Purchase and Sale as buyer with the seller.
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ASSIGNEE COVENANTS. Assignee covenants and agrees with Assignor/Purchaser that, as of and from the Effective Date:
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ASSIGNEE COVENANTS. (a) Assignee shall use commercially reasonable best efforts to obtain firm commitments of capital in the aggregate amount of no less than $400,000.00 within thirty (30) days of the execution of this Assignment Agreement (the “Milestone Date”), as evidenced by commitment letters or other evidence reasonably satisfactory to Assignor. If Assignee shall not provide such commitments to Assignor by the Milestone Date, Assignor shall have the option to terminate its obligations under this Assignment Agreement upon written notice of termination to Assignee (“Early Termination”).
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ASSIGNEE COVENANTS. ‌ Assignee covenants that throughout the Assignment Period:
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ASSIGNEE COVENANTS. Additional Parking The Assignee covenants that in the event the Council is successful in obtaining planning permission for the Additional Parking (subject to clause 6.2 of this Deed) within six months of the Development Start Date, the Assignee will construct the Additional Parking on behalf of the Council in accordance with the permission granted in respect of the same. PROVIDED THAT on expiry of this period if permission is not granted for the Additional parking this covenant will no longer apply Play Area In the event the Council provides an alternative design and specification for the Play Area (New Play Area Design), the Assignee covenants with the Council to install the play equipment in accordance with the New Play Area Design subject to the following; the Assignee shall not be required to contribute more than the Play Area Contribution to the New Play Area Design; and the Council provides the Assignee with the New Play Area Design within six months of the Development Start Date. PROVIDED THAT on expiry of this period if no New Play Area Design is provided to the Assignee this covenant will no longer apply and the timing for delivery of the Play area is not affected by the revised scheme; and the Assignee will deliver the Play Area in accordance with the Wickstead’s Quotation Council Covenants The Council covenant with Assignees to provide all reasonable assistance to the Assignee to achieve the discharge of planning conditions in the Planning Permission; and on handover of the pavilion (to be constructed as part of the Development) the Council will be responsible for any future maintenance of Council’s land pursuant to any maintained agreements in place from time to time including but not limited to those required under the Planning Permission. The Council may serve written notice on the Assignee between legal completion and commencement of work for the Development on site for the of its intention to submit a planning application for an Additional Parking PROVIDED THAT the Council Covenants with the Assignee that: the spaces are in a location to be agreed by Assignee acting reasonably; the application must be determined within a three-month period from the Assignee commencing work on site for the Development , if this date is note achieved then the original layout as per the Planning permission will be delivered The Council’s application must not affect or alter the position of the village hall/pavillion or the setting out of the roads and sewers f...
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ASSIGNEE COVENANTS. The Assignee, to the extent of the 48.00% Participating Interest assigned to it under this Deed, assumes and covenants with each of the Assignor and the Other Party to perform, with effect from the Effective Date, the liabilities, obligations, responsibilities and duties of the holder of a Participating Interest under the Joint Operating Agreement as if the Assignee were originally a party thereof and the Assignor s obligations under the Farmout Agreement including without limitation all liability to pay costs and expenses under an AFE issued prior to the Effective Date, where such costs and expenses relate to expenditure to be incurred on and from the Effective Date.
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ASSIGNEE COVENANTS. Notwithstanding that the prior express written consent of Landlord to any of the aforesaid transactions may have been obtained, the following shall apply:
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Related to ASSIGNEE COVENANTS

  • Employee Covenants The Employee agrees and covenants:

  • Separate Covenants The covenants of Part IX of this Agreement shall be construed as separate covenants covering their particular subject matter. In the event that any covenant shall be found to be judicially unenforceable, said covenant shall not affect the enforceability or validity of any other part of this Agreement. Employee Initials ____

  • Non-Compete Covenants If Employee terminates his employment without cause, or if Employee's employment is terminated by Bank for cause, then for one year from the date of such termination Employee will not, without the prior written consent of Bank:

  • Interim Covenants During the period from the date of this Agreement and continuing until the Closing, the Seller and the Stockholders each agree (except as expressly contemplated by this Agreement or to the extent that Buyer shall otherwise consents in writing) that:

  • Non-Competition Covenants a. The provisions of this subparagraph a. shall apply both during normal working hours and at all other times including, but not limited to, nights, weekends and vacation time, while Optionee is employed by the Company or any Subsidiary. Optionee shall not directly or indirectly (i) engage in any employment, business, or activity that is competitive with the business of the Company or any Subsidiary, (ii) assist any other person or organization in competing with, or in preparing to engage in competition with, the business of the Company or any Subsidiary. Direct competition shall include, but not be limited to, the design, development, production, promotion or sale of products, software, or services competitive with those of the Company or any Subsidiary. In addition, Optionee shall not directly or indirectly (i) engage in any employment, business, or activity that is competitive with either (A) the proposed business of the Subsidiary that employs Optionee (“Employing Subsidiary”) or (B) any proposed business of any of the Company’s other Subsidiaries (the “Non-Employing Subsidiaries”) of which Optionee has actual knowledge, or (ii) assist any other person or organization in competing with, or in preparing to engage in competition with, either (A) the proposed business of the Employing Subsidiary or (B) any proposed business of any Non-Employing Subsidiary of which Optionee has actual knowledge.

  • Nonpetition Covenants (a) Notwithstanding any prior termination of this Agreement, the Servicer and the Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuer under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

  • Parent Covenants The Parent will:

  • Noncompetition Covenant (a) The Executive acknowledges and agrees that he will receive significant and substantial benefits from his employment with the Company under this Agreement, including the remuneration, compensation and other consideration inuring to his benefit hereunder, as well as introductions to, personal experience with, training in and knowledge of the Company and its Affiliates, the industries in which they engage, and third parties with whom they conduct business. Accordingly, in consideration of the foregoing, and to induce the Company to employ and continue to employ the Executive hereunder and provide such benefits to the Executive (in each case subject to the terms and conditions of this Agreement and the applicable employment policies of the Company and its Affiliates), the Executive agrees that he will not during the period beginning on the Commencement Date and ending twelve (12) months after the effective date of the termination of the Executive’s employment with the Company and its Affiliates (the “Non-Competition Period”) for any reason:

  • Information Covenants The Borrower will furnish to the Administrative Agent (which shall promptly make such information available to the Lenders in accordance with its customary practice):

  • Agreements and Covenants of the Company The Company hereby agrees and covenants to:

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