Distribution and Certain Covenants Clause Samples
The "Distribution and Certain Covenants" clause primarily governs how profits, assets, or other benefits are distributed among parties and sets forth specific promises or obligations they must uphold. In practice, this clause may outline the timing, method, and conditions for making distributions, as well as restrictions on actions such as incurring debt, transferring interests, or engaging in competing activities. Its core function is to ensure fair and predictable allocation of resources while maintaining agreed standards of conduct, thereby reducing disputes and protecting the interests of all parties involved.
Distribution and Certain Covenants. Section 3.1 Distribution 12 Section 3.2 Demand Media Determinations 12 Section 3.3 Charter; Bylaws 13 Section 3.4 Directors 13 Section 3.5 Election of Officers 13 Section 3.6 State Securities Laws 13 Section 3.7 Listing Application; Notice to Nasdaq 13 Section 3.8 Removal of Certain Guarantees; Releases from Liabilities 13 Section 3.9 Corporate Names; Trademarks 15 Section 3.10 Ancillary Agreements 16 Section 3.11 Acknowledgment by Rightside 16 Section 3.12 Release 17 Section 3.13 Discharge of Liabilities 18 Section 3.14 Further Assurances 19 Section 3.15 Assumption of Certain Liabilities Under Indemnification Agreements 19 Section 3.16 S6 Holdback Stock Amount 19
Distribution and Certain Covenants. Section 3.1 Distribution 8
Distribution and Certain Covenants. Section 2.1 Distribution 9 Section 2.2 CTI Determinations 9 Section 2.3 Charter; Bylaws 10 Section 2.4 Directors 10 Section 2.5 Election of Officers 10 Section 2.6 Certain Licenses and Permits 10 Section 2.7 State Securities Laws 10 Section 2.8 Listing Application; Notice to FINRA 10 Section 2.9 Misallocated Transfers 11 Section 2.10 Corporate Names; Trademarks 11 Section 2.11 Ancillary Agreements 11 Section 2.12 Acknowledgment by Comverse 11 Section 2.13 Representations 12 Section 2.14 Release 12 Section 2.15 Discharge of Liabilities 14 Section 2.16 Further Assurances 14 Section 3.1 Indemnification by CTI 14 Section 3.2 Indemnification by Comverse 14 Section 3.3 Procedures for Indemnification 15 Section 3.4 Indemnification Payments 17 Section 3.5 Indemnification Rights 18 Section 3.6 Appraisal Rights 18
Section 4.1 Provision of Corporate Records 18 Section 4.2 Access to Information 19 Section 4.3 Witnesses; Documents and Cooperation in Actions 20 Section 4.4 Confidentiality 20 Section 4.5 Privileged Matters 21 Section 4.6 Ownership of Information 23 Section 4.7 Cost of Providing Records and Information 23 Section 4.8 Retention of Records 23 Section 4.9 Other Agreements Providing for Exchange of Information 23 Section 4.10 Policies and Best Practices 24 Section 4.11 Compliance with Laws and Agreements 24
Distribution and Certain Covenants. Section 2.1 Distribution 9 Section 2.2 CTI Determinations 9 Section 2.3 Charter; Bylaws 9 Section 2.4 Directors 10 Section 2.5 Election of Officers 10 Section 2.6 Certain Licenses and Permits 10 Section 2.7 State Securities Laws 10 Section 2.8 Listing Application; Notice to FINRA 10 Section 2.9 Misallocated Transfers 10 Section 2.10 Corporate Names; Trademarks 11 Section 2.11 Ancillary Agreements 11 Section 2.12 Acknowledgment by Comverse 11 Section 2.13 Representations. 11 Section 2.14 Release 12 Section 2.15 Discharge of Liabilities 13 Section 2.16 Further Assurances 13 Section 3.1 Indemnification by CTI 14 Section 3.2 Indemnification by Comverse 14 Section 3.3 Procedures for Indemnification 14 Section 3.4 Indemnification Payments 16 Section 3.5 Indemnification Rights 17 Section 3.6 Appraisal Rights 17
Distribution and Certain Covenants. Section 3.1 Distribution 9
Section 3.3 Transfers Not Effected On or Prior to the Effective Time; Transfers Deemed Effective as of the Effective Time. 10 Section 3.4 Parent Determinations 11 Section 3.5 Charter; Bylaws 11 Section 3.6 State Securities Laws 12 Section 3.7 Listing Application; Notice to Nasdaq. 12 Section 3.8 Removal of Certain Guarantees; Releases from Liabilities 12 Section 3.9 Ancillary Agreements 13 Section 3.10 Acknowledgment by SpinCo 13 Section 3.11 Release 13 Section 3.12 Discharge of Liabilities 15 Section 3.13 Further Assurances 15 Section 3.14 Assumption of Certain Liabilities Under Indemnification Agreements 15 Section 3.15 Plan of Reorganization 16
Distribution and Certain Covenants