Example ContractsClausesCurrent Obligations
Current Obligations
Current Obligations contract clause examples

Current Obligations. I agree that during the term of my employment with the Company, I will not engage in or undertake any other employment, occupation, consulting relationship, or commitment that is directly related to the business in which the Company is now involved or becomes involved or has plans to become involved, nor will I engage in any other activities that conflict with my obligations to the Company.

Current Obligations. I agree that during the term of my employment with the Company, I will not engage in or undertake any other employment, occupation, consulting relationship, or commitment that is directly related to the business in which the Company is now involved or becomes involved or has plans to become involved, nor will I engage in any other activities that conflict with my obligations to the Company.

Collateral Loans that permit payment of interest less frequently than quarterly

Current Ratio. Permit the ratio of # Borrower’s consolidated Current Assets to # Borrower’s consolidated Current Liabilities (excluding the Loan Balance) to be less than 1.00:1.00. This ratio shall be tested as of the end of each calendar quarter during the term hereof.

has the meaning given to such term in [Section 6.11(d)] of the Plan.

Current Ratio. Permit the ratio of # Borrower’s consolidated Current Assets to # Borrower’s consolidated Current Liabilities (excluding the Loan Balance) to be less than 1.00:1.00. This ratio shall be tested as of the end of each calendar quarter during the term hereof.

Current Information. Tenant hereby covenants and agrees that, during the Term of this Lease, Tenant will promptly furnish Landlord from time to time current information which changes in any material adverse manner information previously submitted to Landlord by Tenant.

Current Ratio. Borrower’s Current Ratio, on a consolidated basis, shall not be less than 1.50 to 1.00 at the end of each calendar quarter commencing with the quarter ending June 30, 2022.

Current Commitments. [Schedule 3.13] sets forth, as of the Execution Date, all approved authorizations for expenditures and other approved capital commitments, individually equal to or greater than Two Hundred Thousand Dollars ($200,000) (net to such Seller Party’s interest) (the “AFEs”) relating to the Assets to drill or rework any Wells or for other capital expenditures pursuant to any of the Material Contracts for which all of the activities anticipated in such AFEs have not been completed by the Execution Date.

Current Locations. A.The chief executive office of each Grantor is located at the address set forth opposite its name below:

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.