Common use of AFFIRMATIVE AND NEGATIVE COVENANTS Clause in Contracts

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. Information....................................................49 SECTION 5.2. Payment of Obligations.........................................53 SECTION 5.3. Maintenance of Property; Insurance.............................53 SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 SECTION 5.5. Compliance with Laws...........................................53 SECTION 5.6. Inspection of Property, Books and Records........................................................54 SECTION 5.7. Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. Section 5.1 Information....................................................49 SECTION 5.2. ........................................ 47 Section 5.2 Payment of Obligations.........................................53 SECTION 5.3. ............................. 47 Section 5.3 Maintenance of Property; Insurance.............................53 SECTION 5.4. ................. 50 Section 5.4 Conduct of Business and Maintenance of Existence......................................................53 SECTION 5.5. Business................................ 51 Section 5.5 Compliance with Laws...........................................53 SECTION 5.6. ............................... 51 Section 5.6 Inspection of Property, Books and Records........................................................54 SECTION 5.7. .......... 51 Section 5.7 Existence......................................................54 SECTION .......................................... 51 Section 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. 25 Section 5.1 Information....................................................49 SECTION 5.2. ...................................25 Section 5.2 Payment of Obligations.........................................53 SECTION 5.3. ........................28 Section 5.3 Maintenance of Property; Insurance.............................53 SECTION 5.4. ; Leases....28 Section 5.4 Conduct of Business and Maintenance of Existence......................................................53 SECTION 5.5. .....................................29 Section 5.5 Compliance with Laws...........................................53 SECTION 5.6. ..........................29 Section 5.6 Inspection of Property, Books and Records........................................................54 SECTION 5.7. .....29 Section 5.7 Existence......................................................54 SECTION .....................................29 Section 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. Information............................................................................................................... 49 SECTION 5.2. Payment of Obligations.........................................53 ................................................ 54 SECTION 5.3. Maintenance of Property; Insurance.............................53 .................................... 54 SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 ...................... 54 SECTION 5.5. Compliance with Laws...........................................53 SECTION 5.6. Inspection of Property, Books and Records........................................................54 SECTION 5.7. Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. Section 5.1 Information....................................................49 SECTION 5.2. ............................................................... 29 Section 5.2 Payment of Obligations.........................................53 SECTION 5.3. .................................................... 32 Section 5.3 Maintenance of Property; Insurance.............................53 SECTION 5.4. ; Leases................................ 32 Section 5.4 Conduct of Business and Maintenance of Existence......................................................53 SECTION 5.5. .......................... 33 Section 5.5 Compliance with Laws...........................................53 SECTION 5.6. ...................................................... 33 Section 5.6 Inspection of Property, Books and Records........................................................54 SECTION 5.7. ................................. 33 Section 5.7 Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.................................................................. 33 Section 5.8 Financial Covenants....................................................... 33 Section 5.9 Restriction on Fundamental Changes........................................ 34 Section 5.10 Changes in Business....................................................... 35

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 71 SECTION 5.1. Information....................................................49 .......................................... 71 SECTION 5.2. Payment of Obligations.........................................53 ............................... 75 SECTION 5.3. Maintenance of Property; Insurance.............................53 .............................. 76 SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 Business.................................. 76 SECTION 5.5. Compliance with Laws...........................................53 ................................. 76 SECTION 5.6. Inspection of Property, Books and Records........................................................54 ............ 76 SECTION 5.7. Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9............................................. 77

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. Information.................................................................................... 49 SECTION 5.2. Payment of Obligations.............................................................. 53 SECTION 5.3. Maintenance of Property; Insurance...................................... 53 SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 Business........................ 54 SECTION 5.5. Compliance with Laws...........................................53 SECTION 5.6. Inspection of Property, Books and Records........................................................54 SECTION 5.7. Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION Section 5.1. Information....................................................49 SECTION ...........................................................................81 Section 5.2. Payment of Obligations.........................................53 SECTION ................................................................85 Section 5.3. Maintenance of Property; Insurance.............................53 SECTION ....................................................86 Section 5.4. Conduct of Business and Maintenance of Existence......................................................53 SECTION Business...................................................................86 Section 5.5. Compliance with Laws...........................................53 SECTION ..................................................................86 Section 5.6. Inspection of Property, Books and Records........................................................54 SECTION ...............................................................................87 Section 5.7. Existence......................................................54 SECTION .............................................................................87 Section 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 5.1. Information....................................................49 SECTION 5.2. Payment 40 Section 7.1 Taxes and Other Obligations.............................................. 40 Section 7.2 Legal Existence and Good Standing........................................ 41 Section 7.3 Compliance with Law and Agreements; Maintenance of Obligations.........................................53 SECTION 5.3. Licenses.............. 41 Section 7.4 Maintenance of Property; Insurance.............................53 SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 SECTION 5.5. Compliance with Laws...........................................53 SECTION 5.6. Inspection of Property, Books .......................... 42 Section 7.5 Insurance................................................................ 42 Section 7.6 Insurance and Records........................................................54 SECTION 5.7. Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.Condemnation Proceeds...................................... 43 Section 7.7

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 SECTION 75 Section 5.1. Information....................................................49 SECTION .............................................................75 Section 5.2. Payment of Obligations.........................................53 SECTION ..................................................79 Section 5.3. Maintenance of Property; Insurance.............................53 SECTION ......................................79 Section 5.4. Conduct of Business and Maintenance of Existence......................................................53 SECTION Business.....................................................80 Section 5.5. Compliance with Laws...........................................53 SECTION ....................................................80 Section 5.6. Inspection of Property, Books and Records........................................................54 SECTION ...............................80 Section 5.7. Existence......................................................54 SECTION ...............................................................81 Section 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 70 SECTION 5.1. Information....................................................49 Information .................................... 70 SECTION 5.2. Payment of Obligations.........................................53 Obligations ......................... 75 SECTION 5.3. Maintenance of Property; Insurance.............................53 Property ........................ 75 SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 ............................ 75 SECTION 5.5. Compliance with Laws...........................................53 SECTION 5.6. Inspection of Property, Books and Records........................................................54 SECTION 5.7. Existence......................................................54 SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.Laws ........................... 75

AFFIRMATIVE AND NEGATIVE COVENANTS. 49 45 SECTION 5.1. Information....................................................49 ...............................................................45 ----------- SECTION 5.2. Payment of Obligations.........................................53 ....................................................48 ---------------------- SECTION 5.3. Maintenance of Property; Insurance.............................53 ; Leases................................48 ------------------------------------------ SECTION 5.4. Conduct of Business and Maintenance of Existence......................................................53 ..................................................48 ------------------------ SECTION 5.5. Compliance with Laws...........................................53 ......................................................48 -------------------- SECTION 5.6. Inspection of Property, Books and Records........................................................54 .................................48 ----------------------------------------- SECTION 5.7. Existence......................................................54 .................................................................49 --------- SECTION 5.8. Certain Requirements for the Borrowing Base Properties................................................54 SECTION 5.9.