OBLIGATIONS OF DEBTORS Sample Clauses

OBLIGATIONS OF DEBTORS. The obligations of the Debtors that are subject to this Security Agreement are the repayment of that certain Revolving Line of Credit Promissory Note ("Promissory Note") of even date herewith, in the principal amount of Three Million and 00/100 Dollars ($3,000,000.00) from the Debtors in favor of Secured Party, the terms and conditions of such Promissory Note being expressly incorporated herein.
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OBLIGATIONS OF DEBTORS. The term "Debtors" shall mean all and each and any of them, and their obligations and agreements hereunder shall be joint and several except that the obligations concerning such part of the Collateral in the possession or control of each Debtor or in which such Debtor otherwise has an interest are specific to such Debtor and are independent of the obligations of any other Debtor, and this Agreement may be enforced against any Debtor and any remedy hereunder at law or at equity may be exercised against any Debtor, without joining any other Debtor in such enforcement action or proceeding or exercise of remedy.
OBLIGATIONS OF DEBTORS. The obligations of the Debtors that are subject to this Security Agreement are the repayment of that certain Revolving Line of Credit Promissory Note ("Promissory Note") dated December 15, 2000, in the principal amount of Two Million Five Hundred Thousand and 00/100 Dollars ($2,500,000.00) from EarthFirst Technologies, Inc. ("EFT") in favor of Secured Party, for which Debtors are jointly and severally liable pursuant to the terms of the Joinder executed on even date herewith. The terms and conditions of such Promissory Note and Joinder are expressly incorporated herein. A copy of said Promissory Note and Joinder are attached hereto as Composite Exhibit "A".
OBLIGATIONS OF DEBTORS. The term "Debtors" shall mean all and each ---------------------- and any of them, and their obligations and agreements hereunder shall be joint and several except that the obligations concerning such part of the Collateral in the possession or control of each Debtor or in which such Debtor otherwise has an interest are specific to such Debtor and are independent of the obligations of any other Debtor, and this Agreement may be enforced against any Debtor subject to the terms of the Forbearance Agreement, and any remedy hereunder at law or at equity may be exercised against any Debtor, without joining any other Debtor in such enforcement action or proceeding or exercise of remedy.
OBLIGATIONS OF DEBTORS. The term "Debtors" shall mean all and each and any of them, and their obligations and agreements hereunder shall be joint and several except that the obligations concerning such part of the Collateral in the possession or control of each Debtor or SECURITY AGREEMENT L.S. HOLDING (USA), INC. AND LITTLE SWITZERLAND, INC., DEBTOR THE CHASE MANHATTAN BANK, SECURED PARTY PAGE 8 in which such Debtor otherwise has an interest are specific to such Debtor and are independent of the obligations of any other Debtor, and this Agreement may be enforced against any Debtor and any remedy hereunder at law or at equity may be exercised against any Debtor, without joining any other Debtor in such enforcement action or proceeding or exercise of remedy.

Related to OBLIGATIONS OF DEBTORS

  • Obligations of the Parties 2.1 The Trust shall prepare and be responsible for filing with the Securities and Exchange Commission and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of the Trust. The Trust shall bear the costs of registration and qualification of its shares, preparation and filing of the documents listed in this Section 2.1 and all taxes to which an issuer is subject on the issuance and transfer of its shares.

  • Obligations of Parties Nothing herein shall relieve a Party of its obligations under the Federal Rules, the Bankruptcy Rules, the Federal Rules of Evidence, and the Local Rules, or under any future stipulations and orders, regarding the production of documents or the making of timely responses to Discovery Requests in connection with the Cases.

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • Obligations of Contractor Contractor agrees that:

  • Obligations of the Borrower 13 Section 3.01.

  • OBLIGATIONS OF THE BUYER a. The Buyer has furnished to the Company in Exhibit B hereto such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request. The Company shall notify the Buyer in writing of any other information the Company reasonably requires from the Buyer in connection with any Registration Statement hereunder. The Buyer will as promptly as practicable notify the Company of any material change in the information set forth in Exhibit B, other than changes in its ownership of the Common Stock.

  • Obligations of Parent Whenever required under this Article 2 to effect the registration of any Registrable Securities, Parent shall, as expeditiously as reasonably possible:

  • Obligations of the Holders In connection with the registration of the Registrable Securities, the Holders shall have the following obligations:

  • Obligations of the Purchasers In connection with the registration of the Registrable Securities, the Purchasers shall have the following obligations:

  • Obligations of Company In addition to the obligations of the Company set forth in Section 2.1, and in no way in limitation of such obligations, whenever the Company or Pubco is required by the provisions of this Agreement to effect the registration of the Registrable Securities, the Company shall, or shall cause Pubco to: (i) prepare and file with the SEC such amendments and supplements to such registration statement and the prospectus used in connection therewith as may be necessary to make and to keep such registration statement effective during the Effectiveness Period, (ii) comply with the provisions of the Securities Act with respect to the sale or other disposition of all securities proposed to be registered in such registration statement for the Effectiveness Period; (iii) furnish to any Holder such number of copies of any prospectus (including any preliminary prospectus and any amended or supplemented prospectus), in conformity with the requirements of the Securities Act, as such Holder may reasonably request in order to effect the offering and sale of the Registrable Securities to be offered and sold; (iv) use its best efforts to register or qualify the Registrable Securities covered by such registration statement under the securities or blue sky laws of such states as the Holders shall reasonably request, maintain any such registration or qualification current for the Effectiveness Period, and take any and all other actions either necessary or reasonably advisable to enable Holders to consummate the public sale or other disposition of the Registrable Securities in jurisdictions where such Holders desire to effect such sales or other disposition; (v) take all such other actions either necessary or reasonably desirable to permit the Registrable Securities held by a Holder to be registered and disposed of in accordance with the method of disposition described herein; (vi) in the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering; (vii) notify each Holder of Registrable Securities covered by such registration statement at any time when a prospectus relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, such obligation to continue for the Effectiveness Period; (viii) cause all such Registrable Securities registered pursuant hereunder to be listed on each securities exchange on which similar securities issued by the Company or Pubco are then listed; (ix) provide a transfer agent and registrar for all Registrable Securities registered pursuant hereunder and a CUSIP number for all such Registrable Securities, in each case not later than the effective date of such registration; and (x) use its best efforts to furnish, at the request of any Holder requesting registration of Registrable Securities pursuant to Section 3, if such securities are being sold through underwriters, or if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (A) an opinion, dated such date as such registration statement becomes effective, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters and to the Holders requesting registration of Registrable Securities and (B) a letter dated such date as such registration statement becomes effective, from the independent certified public accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering and reasonably satisfactory to the Holders of a majority of the Registrable Securities being registered, addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities. Notwithstanding the foregoing, the Company shall not be required to register or to qualify an offering of the Registrable Securities under the laws of a state if as a condition to so doing the Company is required to qualify to do business or to file a general consent to service of process in any such state or jurisdiction, unless the Company is already subject to service in such jurisdiction.

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