Negative Covenants of Buyer. Except as otherwise required or expressly contemplated by this Agreement or consented to in writing by the Company, Buyer will not and will not permit any of its Subsidiaries to, from the date hereof until the Effective Time:
Negative Covenants of Buyer. Buyer agrees that from the date hereof --------------------------- to the Closing Date, without the prior written consent of Sellers, Buyer shall not: (i) amend, modify, change or terminate any provision of its certificate of incorporation or bylaws, (ii) create or assume any claim, lien or encumbrances upon any of its business or assets, (iii) incur any debt, obligation or liability, (iv) make any loan or advance, (v) assume, guarantee or otherwise become liable for any debt, obligation or liability of any Person, (vi) commit for any capital expenditure, (vii) purchase, lease, sell, abandon or otherwise acquire or dispose of any business or assets, (viii) waive any right or cancel any debt or claim, (ix) assume or enter into any contract or agreement other than this Agreement (and any other agreement contemplated herein), (x) increase, or authorize an increase in, the compensation or benefits paid or provided to any of their directors, officers, employees, salesmen, agents or representatives, (xi) permit or cause a breach or default under any of its contracts, insurance policies, licenses or permits, (xii) adopt or enter into any new employee benefit plan or modify any existing employee benefit plan, (xiii) participate in any merger, consolidation or reorganization, (xiv) begin to engage in any new type of business, (xv) acquire the business or any bulk assets of any other Person, (xvi) completely or partially liquidate or dissolve, (xvii) terminate any part of their business, (xviii) issue or sell any Buyer Shares, redeem, retire or purchase any Buyer Shares, or create, grant or issue any options, warrants or other contracts or Contract Rights with respect to, any Buyer Shares, or any other capital stock or other securities of Buyer, or create, grant or issue any stock options, stock appreciation rights, phantom shares or other similar rights or (xviii) do anything else outside the ordinary course of their business consistent with its past practices, whether or not specifically described in any of the foregoing clauses.
Negative Covenants of Buyer. During the period from the date of this Agreement to the Effective Time, except as contemplated by this Agreement, Buyer shall not, and shall not permit any of its Subsidiaries to, do any of the following, without the prior written Consent of GSB (which Consent shall not be unreasonably withheld, delayed, or conditioned):
Negative Covenants of Buyer. During the period from the date of this Agreement to the Effective Time, except as contemplated by this Agreement, Buyer shall not, and shall not permit any of its Subsidiaries to, do any of the following, without the prior written Consent of ASBB (which Consent shall not be unreasonably withheld, delayed, or conditioned):
Negative Covenants of Buyer. With respect to the Units, the Company, the Business, and the Assets, Buyer shall not do any of the following from the date hereof through the end of the Earn-Out Period:
Negative Covenants of Buyer. Buyer, individually and in its capacity -------- --------- -- ----- as a Sub-Servicer, will not, and will cause the REC Subsidiaries not to, unless the Special Purpose Purchaser and CIBC have otherwise consented in writing, such consent not to be unreasonably withheld or delayed:
Negative Covenants of Buyer. Buyer agrees that from the date hereof to the Closing Date, except as otherwise consented to or approved by the Sellers and the Company in writing or as permitted or required by this Agreement, it will not change any provision of its certificate of incorporation or bylaws.
Negative Covenants of Buyer. Without limiting the generality of Section 10.1 hereof and in furtherance and not in limitation thereof, Buyer shall, during the Earn-Out Term:
Negative Covenants of Buyer. 33 6.4 Control of the Other Party’s Business. ......................................................................... 34 6.5 Adverse Changes in Condition. .................................................................................... 34 6.6 Reports. ......................................................................................................................... 34 6.7 Buyer Entity Use and Disclosure of IIPI. ..................................................................... 35 ARTICLE 7
Negative Covenants of Buyer. In addition to the covenants contained in the Loan Agreement, so long as the Obligations remain due and outstanding, Buyer:
