OTHER COVENANT Sample Clauses

OTHER COVENANT. The Borrower covenants not to provide any financial support by guarantee, pledge of its shares, granting of a security interest or other mortgage, charge, lien or encumbrance of any kind, or otherwise to an affiliate (as such term is defined in the Business Corporations Act (Alberta)) without the prior written consent of CIBC, in its sole discretion. UNDERTAKING: Upon request, the Borrower agrees to provide CIBC with such additional security that in CIBC's reasonable opinion is required to cover its or PLC's contingent exposure and all indebtedness under the Swap Facility, including without limitation, an acknowledgement and amending agreement and such other documentation as CIBC may request to confirm that the Security held by CIBC as at date hereof secures such contingent exposure and indebtedness to PLC and to amend the Security accordingly.
AutoNDA by SimpleDocs
OTHER COVENANT. 18.01 It is expressly agreed and understood that in case of irreconcilable conflict between the provisions of this Contract and the provisions of any of the contract documents, the former shall be controlling.
OTHER COVENANT. Section 3.01 The Guarantor shall take out all measures necessary to ensure the satisfactory implementation of the Project.
OTHER COVENANT. Section 3.01 The Guarantor shall take out all reasonable measures necessary to cause the Borrower to ensure the satisfactory implementation of the Project.
OTHER COVENANT. If there shall be a default in the observance or performance of any other covenant, condition or agreement contained in this Agreement, in any of the Financing Agreements or in any other document or instrument referred to herein or therein, which default shall continue unremedied or uncured for a period of fifteen (15) days after notice thereof has been given to the Borrower; or
OTHER COVENANT. The Seller shall not, prior to the third anniversary of the Closing Date: (i) sell, transfer or otherwise dispose of any of its remaining shares of the Company or (ii) purchase or otherwise acquire any shares of the Company if after such purchase or acquisition the Seller would be a "5% shareholder" of the Company within the meaning of Section 382 of the Internal Revenue Code of 1986, as amended, or the regulations thereunder.
OTHER COVENANT. 20 7.1.5 Representations.........................................20 7.1.6
AutoNDA by SimpleDocs
OTHER COVENANT. Section 3.01. The Guarantor shall carry out Part C of the Project with due diligence and efficiency and in conformity with appropriate administration, financial, engineering, public utility and telecommunication practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the said Part of the Project.
OTHER COVENANT. The Recipient and the Association agree that, providing that sufficient capacity has been developed in the Recipient’s relevant Ministry, the Recipient shall transfer from the Project Coordination Unit to such Ministry such portion of its responsibility in the area of procurement for such Ministry as is commensurate with its actual capacity.
Time is Money Join Law Insider Premium to draft better contracts faster.