Additional Affirmative Covenant. Article IX of the Credit Agreement shall be amended to include a new Section 9.14 which shall read in full as follows:
Additional Affirmative Covenant. Article VII of the Credit Agreement is hereby amended to add the following Section 7.11.
Additional Affirmative Covenant. Article V of the Credit Agreement is amended to add a new Section 5.10 thereto to read in full as follows:
Additional Affirmative Covenant. Section 6.3 of the Loan Agreement is hereby amended by (a) deleting the word "and" at the end of clause (f) thereof, (b) redesignating existing clause (g) as new clause (h), and (c) inserting a new clause (g) therein, to read as follows:
Additional Affirmative Covenant. On or before October 31, 2005 Parent shall transfer all funds except for $7,500,000 in the Investment Account to a Securities Account at Wxxxx Fargo Brokerage Services held by Midway.
Additional Affirmative Covenant. As of the Effective Date, a new Section 6.20 is hereby added to the Loan Agreement to read in its entirety as follows:
Additional Affirmative Covenant. Borrowers hereby covenant and agree to expend, prior to January 1, 2009, a minimum of $250,000 from the funds held in the tax reserve escrow account as provided in Section 6.4 of that certain Stock Purchase Agreement dated March 11, 2008 between Hxxxxxxx Acquisition, Inc. and Petroleum Engineers, Inc.; provided that such funds shall be used solely for capital projects, workover operations and other related activities on wxxxx located on the Borrowing Base Oil and Gas Properties that are subject to liens in favor of Lender. Borrowers acknowledge that the foregoing is an additional affirmative covenant under the Credit Agreement, the breach of which could result in an Event of Default as provided in Section 7.1(b) thereof.
Additional Affirmative Covenant. Borrower shall provide an updated Perfection Certificate for Borrower and its Subsidiaries in form acceptable to the Administrative Agent on or before the date sixty (60) days after the Amendment Effective Date. This shall be considered an additional affirmative covenant under Article V of the Credit Agreement.
Additional Affirmative Covenant. Borrower further covenants and agrees with Lender that while this Agreement is in effect, that, except as previously disclosed to Lender, loan funds are being used for predevelopment construction costs associated with the development of a casino on the subject collateral securing this loan.
Additional Affirmative Covenant. Article 6 of the Loan Agreement is hereby amended to add the following new Sections 6.18 and 6.19 thereto:
