COVENANTOR Sample Clauses

COVENANTOR. In consideration of the Lender making advances to the Borrower in whole or in part of the monies secured by this Mortgage and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Covenantor does hereby covenant, promise and agree as principal debtor and not as surety to and with the Lender that the Covenantor shall pay, or cause to be paid, to the Lender the Principal Amount and other monies secured by this Mortgage, together with interest thereon, and shall observe and perform all of the covenants, provisos, conditions, agreements and stipulations in this Mortgage on the part of the Borrower. If there is more than one Covenantor, the covenants herein contained shall be joint and several. The Lender shall not be bound to exhaust its recourse against the Borrower or any other party or other security it may hold before being entitled to payment from the Covenantor of the monies secured by this Mortgage. The Covenantor further covenants and agrees that without giving notice to or obtaining the consent or concurrence of the Covenantor, the Lender may:
AutoNDA by SimpleDocs
COVENANTOR. Owner shall use its best efforts diligently to maintain the Device in a manner assuring peak performance at all times. All reasonable precautions shall be exercised by Owner and Owner's representative or contractor in the removal and extraction of material(s) from the Device and the ultimate disposal of the material(s) in a manner consistent with all relevant laws and regulations in effect at the time. As may be requested from time to time by the County / Regional Water Quality Control Board (RWQCB), the Owner shall provide the RWQCB with documentation identifying the material(s) removed, the quantity, and disposal destination.
COVENANTOR. Owner hereby provides the County or County's designee complete access to the Device and its immediate vicinity and such access onto the property to permit access to the devise at any time, upon twenty-four (24) hour advance notice in writing, of any duration for the purpose of inspection, sampling and testing of the Device. County shall make every effort at all times to minimize or avoid interference with Owner's use of the Property.
COVENANTOR. Owner agrees to indemnify, defend, and hold harmless the County, its elected officers, employees, agents, and contractors from and against any and all liability, expense, including costs and reasonable legal fees, and claims of damage of any nature whatsoever including, but not limited to, death, bodily injury, personal injury, or property damage arising from or connected with the County inspection of the Property except where such liability, expense, or claim for damage results from the sole negligence or willful misconduct of the County.
COVENANTOR. 33.1 In consideration of Kāinga Ora entering into this Agreement with the Purchaser at the request of the Covenantor, the Covenantor unconditionally irrevocably and jointly and severally guarantees to Kāinga Ora the due and punctual observance and performance by the Purchaser of all of the obligations of this Agreement.
COVENANTOR. The Covenantor is jointly and severally liable with the Vendor to perform and comply with all obligations of the Vendor hereunder.
COVENANTOR. The Covenantor agrees to cause the Purchaser to perform all of the Purchaser's obligations under this Agreement and all other agreements entered into pursuant hereto, and to indemnify and save the Vendor harmless from and against any and all Losses suffered or incurred by the Vendor, the Vendor's employees, representatives or agents for a period of five years after the Closing, which are based upon, arise out of, or are connected directly or indirectly with the Purchaser's breach of or failure to perform any of its obligations under this Agreement and all other agreements entered into pursuant hereto; provided, however, that the Covenantor's liability under this section shall be limited to $10,000,000.
AutoNDA by SimpleDocs
COVENANTOR s/ Xxxxxxx X. Xxxxxxxxx --------------------------- Xxxxxxx X. Xxxxxxxxx THE COMPANY: Photocomm, Inc., an Arizona corporation By:/s/ Xxxxxx X. XxXxx ------------------------ Xxxxxx X. XxXxx Chief Financial Officer
COVENANTOR expressly covenants, warrants and agrees that for the separate consideration set forth in section 5 hereof he will not, during the time he remains an employee of the Corporation and for a period of eighteen months following the termination of his employment by the Corporation for any reason and whether voluntary or involuntary, directly or indirectly, individually or as an officer, director, shareholder, employee, consultant, adviser, partner or co-venturer of or on behalf of anyone else, in association with any person, entity, firm or corporation, engage in any services for, or acquire any financial or beneficial interest in, the operation of any business substantially similar to the business engaged in by the Corporation on the date of his termination, including without limitation thereof, the designing, manufacturing, distributing, marketing or selling of woven composite materials involving fiber glass or carbon fibers and engineered reinforcement fabrics used in the fabrication of composite materials, within any geographic area in which the Corporation is then operating its business; provided however, that this paragraph shall not be construed or interpreted so as to prohibit Covenantor from passively investing in a publicly-held company which may be engaged in such business activity so long as Covenantor's investment therein does not exceed more than 4.9% of such publicly-held company's outstanding debt or equity securities.
COVENANTOR. The person who, in the capacity of a covenantor in respect of the Right Holder’s acts pursuant to article 110 of the Code of Obligations, guarantees performance by the Right Holder of the provisions of this Contract in full and in a timely manner, and accepts and undertakes that, in case the Right Holder fails to perform its obligations, he shall, immediately upon the first written request, bear any damages and losses to be incurred by TÜRKSAT and its rights and receivables arising from the Contract, without being limited to the term of this Contract and without any need for applying to the Right Holder first or obtaining any court decision.
Time is Money Join Law Insider Premium to draft better contracts faster.