COVENANTS OF MONROE Sample Clauses

COVENANTS OF MONROE. 34 5.01 Shareholder Approval 34 5.02 Other Approvals 34 5.03 Conduct of Business 34 5.04 Insurance 38 5.05 Accruals for Loan Loss Reserve and Expenses 38 5.06 Acquisition Proposals 39 5.07 Press Releases 42 5.08 Material Changes to Disclosure Schedules 42 5.09 Access; Information 42 5.10 Financial Statements 43 5.11 Environmental 44 5.12 Governmental Reports and Shareholder Information 44 5.13 Adverse Actions 45 5.14 Employee Benefits 45 5.15 Termination of Thrift Plan 45 5.16 Transition of Monroe ESOP 45 5.17 Disposition of Fully Insured Welfare Benefit and Sec. 125 Plans 46 5.18 Continuation of Non-Qualified Deferred Compensation Plans 47 5.19 Prohibition Against Further Stock Option Grants 47 5.20 Dividend Reinvestment Plan 47 5.21 Short-Swing Trading Exception 47 5.22 Subordinated Debentures 47 5.23 Trust Preferred Securities 48 5.24 Monroe Bank 48 5.25 Written Opinion of Financial Advisor 48
Sample 1
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Related to COVENANTS OF MONROE

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

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

  • 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.

  • Covenants of Parent Parent agrees that:

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • COVENANTS OF DEBTOR Debtor hereby covenants and agrees as follows:

  • Covenants of the Buyer The Buyer covenants and agrees with the Seller as follows:

  • Covenants of the Company The Company covenants with each Underwriter as follows:

  • Covenants of Party B Party B hereby covenants as follows:

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