Common use of Limitation on Covenant Clause in Contracts

Limitation on Covenant. Ownership by Xxxxxxxxx, as a passive investment, of less than one percent (1%) of the outstanding shares of capital stock of any corporation listed on a national securities exchange or publicly traded in the over-the-counter market shall not constitute a breach of this Section 9.

Limitation on Covenant. Ownership by XxxxxxxxxCornxxxx, as xx a passive investment, of less than one percent (1%) of the outstanding shares of capital stock, outstanding debt instruments or other securities convertible into capital stock or debt instruments of any corporation listed on a national securities exchange or publicly traded in the on any nationally recognized over-the-counter market shall not constitute a breach of this Section 91.

Limitation on Covenant. Ownership by XxxxxxxxxE. Pxxxxxx, as xx a passive investment, of less than one percent (1%) of the outstanding shares of capital stock, outstanding debt instruments or other securities convertible into capital stock or debt instruments of any corporation listed on a national securities exchange or publicly traded in the on any nationally recognized over-the-counter market shall not constitute a breach of this Section 91.

Limitation on Covenant. Ownership by XxxxxxxxxSeller, Shareholder or Xxxx, as a passive investment, of less than one percent (1%) of the outstanding shares of capital stock of any corporation listed on a national securities exchange or publicly traded in the over-the-counter market shall not constitute a breach of this Section 9Article 10.

Limitation on Covenant. Ownership by XxxxxxxxxXxxxxx, as a passive investment, of less than one percent (1%) of the outstanding shares of capital stock, outstanding debt instruments or other securities convertible into capital stock or debt instruments of any corporation listed on a national securities exchange or publicly traded in the on any nationally recognized over-the-counter market shall not constitute a breach of this Section 91.