Covenants of Holding and the Stockholders After Closing Clause Samples

This clause outlines the ongoing obligations and commitments that both the holding company and its stockholders must adhere to following the completion of a transaction. It typically details actions such as maintaining certain business practices, refraining from competitive activities, or fulfilling post-closing deliverables. By specifying these covenants, the clause ensures that both parties uphold agreed standards and responsibilities after closing, thereby protecting the interests of all stakeholders and supporting the smooth integration or operation of the business post-transaction.