Common use of Covenants Relating to the Notes Clause in Contracts

Covenants Relating to the Notes. Unless approved by its Board of Directors including the affirmative vote of a director designated by WCAS VII, the Company covenants and agrees that so long as the Notes shall be outstanding and, in the case of paragraphs (k) through (n) below, so long as five million dollars ($5,000,000) of aggregate principal amount of the Notes is outstanding: (a) Maintenance of Office. The Company will maintain an office or agency in such place in the United States of America as

Appears in 2 contracts

Sources: Senior Subordinated Bridge Note (Cerplex Group Inc), Senior Subordinated Bridge Note (Aurora Electronics Inc)

Covenants Relating to the Notes. Unless approved by its Board of Directors including the affirmative vote of a director designated by WCAS VII, the Company covenants and agrees that so long as the Notes shall be outstanding and, in the case of paragraphs (k) through (n) below, so long as five million dollars ($5,000,000) of aggregate principal amount of the Notes is outstanding: (a) Maintenance of Office. The Company will maintain an office or agency in such place in the United States of America asas the Company may designate in writing to the registered holder of

Appears in 2 contracts

Sources: Senior Subordinated Bridge Note (Cerplex Group Inc), Securities Purchase and Exchange Agreement (Aurora Electronics Inc)