Common use of Interim Covenants Clause in Contracts

Interim Covenants. Each of Company, Parent, and ▇▇▇▇▇▇ Sub agree that from the date hereof until completion of the Merger or termination of this Agreement it will: (a) Comply with all requirements which applicable law may impose on it with respect to the Merger. (b) Use commercially reasonable efforts to obtain any waivers, consents and approvals from other parties to loan agreements, leases or other contracts or from such applicable governmental or regulatory bodies required to be obtained by it to consummate the transactions contemplated hereby. (c) Company, Parent, and Merger Sub shall take all such steps and may reasonably be required to cause the transactions contemplated by Article II and any other disposition of Company equity securities (including derivative securities) or acquisitions of Parent equity securities (including derivative securities) in connection with this Agreement by each individual who (i) is a director or officer of Company, or (ii) at the Effective Time, is or will become a director of Parent, to be exempt under Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended. (d) ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and assist the other parties hereto in such other ways to the extent practicable to implement the Merger on the terms set forth herein.

Appears in 4 contracts

Sources: Merger Agreement (KHEOBA LTD), Merger Agreement (Kheoba Corp.), Merger Agreement (ALR Technologies SG Ltd.)