AFFIRMATIVE COVENANTS 108 Clause Samples

AFFIRMATIVE COVENANTS 108. 5.1. Financial Statements and Other Reports 108 5.2. Existence 114 5.3. Payment of Taxes and Claims 114 5.4. Maintenance of Properties 115 5.5. Insurance 115 5.6. Books and Records; Inspections 115 5.7. Lenders Meetings 115 5.8. Compliance with Laws 116 5.9. Environmental 116 GS/Landec – Credit and Guaranty Agreement 5.10. Additional Credit Parties 118 5.11. Material Real Estate Assets; Additional Locations 119 5.12. Compliance with Contractual Obligations 119 5.13. Further Assurances 120 5.14. Miscellaneous Business Covenants 120 5.15. Post-Closing Matters 120 5.16. PACA and PASA Compliance 120 5.17. Credit Enhancements 121 5.18. Health Care & FDA Related Covenants 121 6.1. Indebtedness 121 6.2. Liens 124 6.3. Equitable Lien 125 6.4. No Further Negative Pledges 126 6.5. Restricted Junior Payments 126 6.6. Restrictions on Subsidiary Distributions 126 6.7. Investments 127 6.8. Financial Covenants 128 6.9. Fundamental Changes; Disposition of Assets 132 6.10. Disposal of Subsidiary Interests 134 6.11. Sales and Leasebacks 134 6.12. Transactions with Shareholders and Affiliates 134 6.13. Conduct of Business; Foreign Subsidiaries 134 6.14. Permitted Activities of Holdings 135 6.15. [Intentionally Reserved] 135