Interim Covenants definition

Interim Covenants has the meaning given in Section 16.1(b), hereto.
Interim Covenants. Until the Closing Date or the sooner termination of this Agreement:

Examples of Interim Covenants in a sentence

  • Except for Losses arising from breach of Sections 4.1, 4.2 and 4.4, Buyer shall not have liability for Buyer’s breach of representations and warranties under Section 7.2(b)(i) and for breach of any of the Interim Covenants until the aggregate amount of Seller’s Losses attributable to indemnification claims under such section exceeds the Basket Amount; provided, however, that the Buyer shall be liable only for the amount by which all Losses exceed the Basket Amount.

  • The second reason for the conservative nature of pedagogy (Cuban 1984)16 arises from the fact that teaching takes place both in the heart and the head.

  • Cineworld submits that it was entitled to terminate the agreement due to Cineplex’s breach of the Operating Covenant and the other Interim Covenants.

  • This Agreement shall be governed by and construed in -------------- accordance with the substantive laws of the State of New York without giving effect to its rules of conflicts of laws.

  • If any agreement that qualifies as an Assumed Agreement was entered into in breach of the Interim Covenants (as defined in Section 20.1.2) such breach shall not affect such qualification and any rights of the Purchaser resulting from the breach of the Interim Covenants shall not be affected by the assumption of such agreement.

  • He was a teacher and principal in South Bend schools until his retirement.

  • Church Orders – Don Owens FOR INFORMATION• Approved MIF’s and the formation of PNC’s for Arkansas City, New Covenant, Newton and an APNC for Wichita Covenant.• Concurred with the disillusion of APNC for Wichita First.• Approved extension of Interim Covenants for Dixie Anders at New Covenant and Deborah Hollifield at First Newton.• Dismissed Roland Slater to Northern Kansas Presbytery and Irving Simon to the Presbytery of Atlanta.63 | Presbytery of Southern Kansas – Stated Meeting Aug.

  • No member of the Group has taken any action during the period from March 29, 2014 through the date of this Agreement that would have been prohibited by Section 6.1 (Group Interim Covenants) or Section 10.3 (Interim Tax Covenants) if such action had been taken during the period from the date hereof through the Closing Date.

  • Interim Covenants of each Constituent Corporation ......................................

  • Each member of the Group has good and valid title to all of the material tangible assets owned by it and reflected on the FRAHCL Balance Sheet, free and clear of all Liens (other than Permitted Liens), subject to any dispositions of assets since the date of the FRAHCL Balance Sheet in the ordinary course of business consistent with past practice and, during the Pre-Closing Period, in accordance with Section 6.1 (Group Interim Covenants).

Related to Interim Covenants

  • Financial Covenants means the covenants set forth in Section 6.2.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.