Common use of Cooperation Covenants Clause in Contracts

Cooperation Covenants. Without limiting the terms of the Guaranty, Guarantor agrees that any failure of Borrower after a Termination Event or Event of Default occurring from and after the Effective Date to comply, or any attempt by Guarantor after a Termination Event or Event of Default occurring from and after the Effective Date to interfere with Borrower's compliance, with the Cooperation Covenants shall subject Guarantor to recourse for the Indebtedness.

Appears in 3 contracts

Sources: Forbearance Agreement (DJSP Enterprises, Inc.), Forbearance Agreement (DJSP Enterprises, Inc.), Forbearance Agreement (DJSP Enterprises, Inc.)