Additional Post Closing Covenants. (a) The Company shall cause (i) each Group Company and any branch thereof (including those set forth in Part A of Schedule VI and those set forth in Part B of Schedule VI) which conducts or intends to conduct educational training activities to use its best efforts to obtain, and thereafter maintain in full force and effect, all Permits necessary for conducting educational training activities (including that it shall update its business license to include educational training within its business scope) and to update its registered name with the competent Governmental Authority to reflect its authority to conduct educational training activities if and as required by applicable Laws and requirements of the competent Governmental Authority, (ii) each Group Company to use its best efforts to procure that each location where any Group Company currently conducts business (including each location set forth in Part C of Schedule VI) is appropriately registered with the competent Governmental Authority as a branch of the relevant Group Company, in each case as soon as practicable after (x) applicable Laws and policies so permit, (y) the date on which the Amended Privately-Run Education Promotion Law is implemented by the relevant Governmental Authority, or (z) its becoming aware that such Governmental Authority is accepting applications for such Permits and registrations, whichever is the earliest, and (iii) each Group Company to immediately take all necessary steps to obtain such Permits and effect such registrations from such time.
Additional Post Closing Covenants. The Parent shall honor --------------------------------- existing employment contracts and use its best efforts to retain Taconic Employees consistent with good business practices.
Additional Post Closing Covenants. Following the Closing, and subject to reimbursement by Sellers for any and all reasonable costs and expenses incurred by Buyers in connection therewith, Buyers shall, and shall cause the applicable Project Companies to, carry out and comply with the following additional covenants, all of which shall survive the Closing indefinitely:
Additional Post Closing Covenants. The parties agree as follows with respect to the period following the Closing:
Additional Post Closing Covenants. No later than 30 days following the date hereof, the Cayman Seller and the Servicers shall deliver (or cause to be delivered) to the Agent, each of the following:
Additional Post Closing Covenants. Parent and Merger Sub shall use their respective best endeavors to procure, as promptly as possible after Closing, that the certificate of incorporation of Parent be amended to amend the terms of each sub-series of Series G Preferred Stock and Series H Preferred Stock to provide that the issuance of the Series M Preferred Stock or the conversion of such shares into Common Stock shall not be deemed an issuance of “Additional Shares of Common Stock” or otherwise result in a change in the Conversion Price of such preferred stock as that term is defined in the respective Certificates of Designations, Preferences and Relative, Participating, Optional and Other Special Rights and Qualifications, Limitations and Restrictions (the “Carve-out Amendment”).
Additional Post Closing Covenants. Parent and Merger Sub shall use their respective best endeavors to procure, as promptly as possible after Closing, that the certificate of incorporation of Parent be amended to amend the terms of each sub-series of Parent’s Series G Participating Convertible Preferred Stock and Parent’s Series H Participating Convertible Preferred Stock to provide that the issuance of the Series K Preferred Stock or the conversion of such shares into Common Stock shall not be deemed an issuance of “Additional Shares of Common Stock” or otherwise result in a change in the Conversion Price of such preferred stock as that term is defined in the respective Certificates of Designations, Preferences and Relative, Participating, Optional and Other Special Rights and Qualifications, Limitations and Restrictions (the “Carve-out Amendment”). In addition, Parent shall cause its subsidiary Cogent Communications, Inc. to enter into a management services agreement with Company for the provision of management support for Company during a period of 90 days unless such agreement is terminated earlier in accordance with its terms.
Additional Post Closing Covenants. Parent and Merger Sub shall use their respective best endeavors to procure, as promptly as possible after Closing, that the certificate of incorporation of Parent be amended to amend the terms of each sub-series of Parent's Series G Participating Convertible Preferred Stock and Parent's Series H Participating Convertible Preferred Stock to provide that the issuance of the Series I Preferred Stock and the Series J Preferred Stock or the conversion of such shares into Common Stock shall not be deemed an issuance of "Additional Shares of Common Stock" or otherwise result in a change in the Conversion Price of such preferred stock as that term is defined in the respective Certificates of Designations,
Additional Post Closing Covenants. The Parties agree as follows with respect to the period following the Closing:
