Common use of Covenants and Further Assurances Clause in Contracts

Covenants and Further Assurances. 24.1.1 The Parties undertake to each other, and shall procure that the Company undertakes, to execute and perform all such deeds, documents, assurances, acts and things, to cooperate in obtaining all regulatory approvals and to exercises their voting rights in the General Meeting and the other corporate bodies of the Company and all powers and rights available to them, including, without limitation, the convening of all meetings and the giving of all waivers and consents and passing all resolutions reasonably required to ensure that the Parties and the members of the other corporate bodies and, so far as any obligations are expressed to be imposed upon it, the Company: 24.1.2 give effect to the terms of this Contract and the Articles of Associations; 24.1.3 adopt the Articles of Association to conform to this Contract; 24.1.4 enter into, deliver and execute the ancillary agreements provided for in this Contract, including the License Agreement and the notary deed for the Land; 24.1.5 other, as may be further provided for in this Contract. 24.1 The Parties shall use all reasonable endeavours to promote the interests of the Company. 24.2 The Parties shall refrain and shall use all reasonable endeavours to procure that all third parties directly or indirectly under their respective controls shall refrain from acting in a manner which hinders or prevents the Company from carrying on business in an efficient and proper manner.

Appears in 2 contracts

Sources: Joint Venture Contract (Next.e.GO B.V.), Joint Venture Contract (Next.e.GO B.V.)