Covenants of First Sierra and Company
Covenants of First Sierra and Company Sample Clauses
Related to Covenants of First Sierra and Company
Covenants of Stockholders Each Stockholder hereby covenants and agrees that:
Covenants of the Company The Company covenants with each Underwriter as follows:
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.
Agreements and Covenants of the Company The Company hereby agrees and covenants to:
Certain Covenants of Stockholder 7.1 Except in accordance with the provisions of this Agreement, Stockholder agrees, while this Agreement is in effect, not to, directly or indirectly:
Certain Covenants of the Company The Company hereby agrees:
Certain Agreements of the Company The Company agrees with the several Underwriters that:
Covenants of Stockholder Stockholder hereby covenants and agrees that:
Certain Covenants of the Stockholder Except in accordance with the terms of this Agreement, the Stockholder hereby covenants and agrees as follows:
Covenants of Shareholders Each Shareholder hereby covenants and agrees that:
