Covenants of NCBC and NCBC Bank Sample Clauses

Covenants of NCBC and NCBC Bank 
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Related to Covenants of NCBC and NCBC Bank

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

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

  • Agreements and Covenants of the Company The Company hereby agrees and covenants to:

  • Certain Covenants of the Company The Company hereby agrees:

  • Covenants of Parent Parent agrees that:

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

  • Covenants of the Companies Each of the Companies covenants with the Underwriters as follows:

  • Representations and Covenants of the Company A. The Company hereby represents and warrants to the Distributor, which representations and warranties shall be deemed to be continuing throughout the term of this Agreement, that:

  • COVENANTS OF THE DEBTOR So long as this Security Agreement remains in effect Debtor covenants and agrees:

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