Covenanter definition
Examples of Covenanter in a sentence
This Agreement shall inure to the benefit of the Company, its successors and assigns and may not be terminated, amended or modified, except by an instrument in writing executed by Covenanter and the Company.
Pursuant to the Shareholders Agreement, the Covenanter and the Existing Parties desire to enter into this Deed of Adherence to provide that the provisions of the Shareholders Agreement would be binding on the Covenanter.
Covenanter shall not use or disclose, after the date hereof, any proprietary information or know-how of the Company in any Competitive Business.
Rent payable pursuant to Sections 4.01 and 4.02 of that certain Lease, dated January 7, 2002, by and between Covenanter Properties, LLC, as lessor, and UCB, as lessee (the "College Mall Road Lease"), is currently $5,598.86 per month.
Any confidential information or data now known or hereafter acquired by such Covenanter with respect to the Company or any Subsidiary shall be deemed a valuable, special and unique asset of the Company that is received by such Covenanter in confidence.
Each Covenanter further acknowledges and agrees that such covenants are reasonable and necessary in terms of time, area and line of business to protect the Company’s legitimate business interests, which include its interests in protecting the Company’s (i) valuable confidential business information, (ii) substantial relationships with customers throughout the world, and (iii) customer goodwill associated with the ongoing business of the Company.
Covenanter agrees that the execution of this Agreement and performance of its obligations hereunder shall be deemed to have a Palm Beach County, Florida situs, and Covenanter shall be subject to the personal jurisdiction of the courts of Florida with respect to any action the Company, its successors or assigns may commence hereunder.
Nothing contained in this Section 5.15 shall be construed to prevent Purchaser from seeking and recovering from a Covenanter damages sustained by Purchaser as a result of any breach or violation by such Covenanter of any of the covenants or agreements contained herein.
The Seller and Covenanter have the requisite corporate power and authority to execute and deliver this Agreement and perform its obligations hereunder.
Such Covenanter hereby waives any and all right to attack the validity of this Section 11.12 on the grounds of the breadth of their geographic scope or the length of their term.