Covenants of Equity Creditors Sample Clauses

Covenants of Equity Creditors. Each Equity Creditor shall covenant and agree not to sell, transfer, assign, pledge or dispose of all or any of such creditor's preferred shares other than in the manner contemplated herein and in the Escrow Agreement without the Company's prior written consent, which will not be unreasonably withheld; provided, however, that during the five-year period following the effective date hereof, the Company may withhold such consent for any reason and any such withholding of consent shall not be deemed to have been unreasonably withheld.
Sample 1
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Covenants of Equity Creditors. Each Equity Creditor shall covenant and agree not to sell, transfer, assign, pledge or dispose of all or any of such creditor's preferred shares other than in the manner contemplated herein and in the Escrow Agreement without the Company's prior written consent, which may be withheld by the Company in its sole discretion.
Sample 1

Related to Covenants of Equity Creditors

  • Covenants of the Pledgor 5.1 The Pledgor covenants to the Pledgee that he shall:

  • Covenants of the Loan Parties Section 5.01 Affirmative Covenants 76 Section 5.02 Negative Covenants 80 Section 5.03 Reporting Requirements 86 Section 5.04 Financial Covenants 89 ARTICLE VI

  • Covenants of the Bank The Bank covenants and agrees with the Underwriters that:

  • Covenants in Credit Agreement In the case of each Guarantor, such Guarantor shall take, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Guarantor or any of its Subsidiaries.

  • Covenants of the Borrower SECTION 5.01.

  • Negative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

  • AFFIRMATIVE COVENANTS OF THE BORROWERS Each Borrower (as to itself and its Subsidiaries, as applicable) covenants and agrees that, so long as any Loan or any Note is Outstanding or any Bank has any obligation to make any Loans:

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • Covenants of the Borrowers SECTION 5.01.

  • Covenants of the Parties The parties hereto agree that:

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