Pre-Closing Covenant Sample Clauses

Pre-Closing Covenant. Prior to Closing, the Company shall comply with the sections headed “Information Rights” and “Access” under Annex A of the Shareholders Agreement, and shall not take any action set forth under the section headed “Consent of OEP” without the prior written consent of Investor.
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Pre-Closing Covenant. Seller and Purchaser hereby covenant to, and Purchaser hereby covenants to use its best efforts to cause Penske Corporation, Penske Holdings and Penske Capital to, enter into the Waiver Agreement prior to the Closing.
Pre-Closing Covenant. Seller will not use, generate, manufacture, produce, store, release, discharge or dispose of on, under, above or about the Property (or off-site of the Property that might affect the Property), or transport to or from the Property, any Hazardous Substance or authorize any other person or entity to do so, prior to the Closing.
Pre-Closing Covenant. UniTek covenants and agrees that if on or prior to the Closing Date, UniTek is not the borrower under the primary credit facility for UniTek and its Affiliates (the “UniTek Credit Facility”), prior to or at the Closing, UniTek shall assign this Agreement and all of the rights and obligations of Purchaser hereunder to one of its wholly owned subsidiaries (the “Required Assignee”) and (i) such Required Assignee and the UniTek Borrower Sub (as defined below) shall agree to become parties to this Agreement, and such Required Assignee shall agree to assume the obligations of Purchaser hereunder as part of the formal documentation of assignment and assumption, and (ii) the UniTek wholly owned subsidiary that is the borrower under the UniTek Credit Facility (the “UniTek Borrower Sub”) and UniTek shall execute the Guaranty on the effective date of such assignment.
Pre-Closing Covenant. From the date hereof to the Closing Date, each Discharging Creditor shall use his, her or its best efforts to cause Seller to perform and satisfy each covenant of Seller contained in the Purchase Agreement that is to be performed at or prior to the Closing and each condition precedent to the Buyer's obligation to consummate the transactions contemplated therein.
Pre-Closing Covenant. 6.1 Ordinary course of business
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Pre-Closing Covenant. During the period from the date hereof until the earlier of the Closing or the termination of this Agreement, the Company shall not make or change any election in respect of Taxes, adopt or request permission of any Tax authority to change any accounting method in respect of Taxes, enter into any closing agreement in respect of Tax obligations of the Company, settle any claim or assessment in respect of Tax obligations of the Company, surrender or allow to expire any right to claim a refund of Taxes, consent to any extension or waiver of the limitation period applicable to any claim or assessment in respect of Tax obligations of the Company, or take (or permit any Subsidiary to take) any such actions with respect to any Subsidiary.
Pre-Closing Covenant. Commencing on the date hereof and continuing through the later of (i) the expiration of the Option Period and (ii) the Closing Date, Red Ventures shall operate DirectStar and its Subsidiaries in the ordinary course of business, consistent with past practice, and shall not accelerate any payments by DirectStar or its Subsidiaries or delay the collection of amounts owed to DirectStar and its Subsidiaries.

Related to Pre-Closing Covenant

  • PRE-CLOSING COVENANTS The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing.

  • Post-Closing Covenant The Borrower agrees that it will, or will cause its relevant Subsidiaries to, complete each of the actions described on Schedule 9.14 as soon as commercially reasonable and by no later than the date set forth in Schedule 9.14 with respect to such action or such later date as the Administrative Agent may reasonably agree.

  • Post-Closing Covenants The Parties agree as follows with respect to the period following the Closing.

  • Closing Covenants (y) The Purchaser agrees with the Vendor that after closing he:

  • Closing; Closing Date Closing" and "Closing Date" have the meanings set forth in Section 5.3.

  • Seller’s Closing Conditions The obligations of Seller under this Agreement are subject, at the option of Seller, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • SURVIVING COVENANTS The parties agree that the covenants contained in Xxxxxxx 0, Xxxxxxx 00, Xxxxxxxxx 12.2 and Section 13 of this Agreement shall survive the expiration or termination of this Agreement.

  • Pre-Closing Promptly upon the execution of this Agreement, Seller shall notify the Manufacturer regarding the transactions contemplated by this Agreement. Buyer (or its affiliate) shall promptly apply to the Manufacturer for the issuance of a contractual right to operate an automobile dealership upon the Premises. The Parties shall use commercially reasonable best efforts to obtain Manufacturer approval as soon as possible. Seller shall promptly provide the requisite information, documents and access necessary to prepare for Closing and ensure a seamless operational transfer of the Assets. Effective as of the Closing, Seller shall terminate its Dealer Sales and Service Agreements with the Manufacturer relative to the Dealership location and execute and deliver all of the Manufacturer’s customary documents and promptly remove Manufacturer’s intellectual property from all publicly visible Excluded Assets in every form and medium (i.e., retained internet sites, signs, etc.). Seller shall fully cooperate with Buyer, and take all reasonable steps to assist Buyer, in Buyer’s efforts to obtain its own similar Dealer Sales and Service Agreements with the Manufacturer. All actions to be taken at the Closing pursuant to this Agreement will be deemed to have occurred simultaneously, and no action, document or transaction will be deemed to have been taken, delivered or effected, until all such actions, documents and transactions have been taken, delivered or effected. Promptly after the Closing, Seller shall transfer to Buyer certificates of title or origin for all vehicles and all of its registration lists, owner follow-up lists and service files on hand as of the Closing, provided that such lists and files relate to the Assets. If Seller presents assets for purchase post-Closing that would have otherwise been Assets, then such assets may be purchased at a mutually agreed to price or otherwise retained by Seller. Buyer is not required to submit an offer. This does not apply to in-transit vehicles from the Manufacturer. Buyer shall retain and safeguard the pre-Closing customer paper deal jackets retained by Buyer in accordance with law, and, until Buyer destroys such records in accordance with company policy in effect from time to time, Seller shall have reasonable access to Seller’s pre-Closing customer records (e.g., paper deal jackets) and any records related to Assigned Contracts after the Closing for any legitimate purpose, such as (by way of example and not by limitation) for resolving customer inquiries.

  • Covenants Pending Closing Pending either Closing, the Company will conduct and will cause its Subsidiaries to conduct their respective businesses in the ordinary course, and will not, and will not permit any of its Subsidiaries to, without the Investor's prior written consent, take any action which would result in any of the representations or warranties contained in this Agreement not being true at and as of the time immediately after such action, or in any of the covenants contained in this Agreement becoming incapable of performance. The Company will promptly advise the Investor of any action or event of which it becomes aware which has the effect of making incorrect any of such representations or warranties or which has the effect of rendering any of such covenants incapable of performance.

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