Common use of Survival of Certain Affirmative Covenants Clause in Contracts

Survival of Certain Affirmative Covenants. From and after the date that the Obligations under the Notes have been paid and performed in full, the Company shall no longer be obligated to perform, comply with and observe the covenants set forth in Sections 8.1 (Payment of Note), 8.3(c) (Informational Reporting Requirements; Weekly Reporting Package), 8.4 (Company SEC Documents), 8.12 (Communications with Accountants), 8.13 (Compliance with Material Contracts), 8.14 (Fiscal Year End), 8.16 (Additional Subsidiary Guarantors), 8.20 (Future Information) and 8.21 (Further Assurances). All other covenants and obligations set forth in this Section 8 shall survive the repayment of the Obligations to Purchaser under the Notes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp), Securities Purchase Agreement (Overhill Farms Inc)

AutoNDA by SimpleDocs

Survival of Certain Affirmative Covenants. From and after the date that the Obligations under the Notes Note have been paid and performed in full, the Company shall no longer be obligated to perform, comply with and observe the covenants set forth in Sections 8.1 (Payment of Note), 8.3(c) (Informational Reporting Requirements; Weekly Reporting Package), 8.4 (Company SEC Documents), 8.12 (Communications with Accountants), 8.13 (Compliance with Material Contracts), 8.14 (Fiscal Year End), 8.16 (Additional Subsidiary Guarantors), 8.20 (Future Information) and 8.21 (Further Assurances). All other covenants and obligations set forth in this Section 8 shall survive the repayment of the Obligations to Purchaser under the NotesNote.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Overhill Farms Inc), Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.