Common use of AFFIRMATIVE COVENANTS 44 Clause in Contracts

AFFIRMATIVE COVENANTS 44. SECTION 5.01. Financial Statements; Ratings Change and Other Information 44 SECTION 5.02. Notices of Material Events 45 SECTION 5.03. Existence; Conduct of Business 46 SECTION 5.04. Payment of Obligations 46 SECTION 5.05. Maintenance of Properties; Insurance 46 SECTION 5.06. Books and Records; Inspection Rights 46 SECTION 5.07. Compliance with Laws 46 SECTION 5.08. Use of Proceeds and Letters of Credit 46 SECTION 5.09. Compliance with ERISA 47 SECTION 5.10. Intentionally Deleted 47 SECTION 5.11. Compliance with Environmental Laws; Environmental Reports 47 SECTION 5.12. Further Assurances 47 SECTION 5.13. Tax Shelter Regulations 47 SECTION 5.14. Leases; Material Contracts 48 SECTION 5.15. Clean-Down Period 48 SECTION 5.16. Guaranties 48 ARTICLE VI NEGATIVE COVENANTS 48 SECTION 6.01. Indebtedness 48 SECTION 6.02. Liens 49 SECTION 6.03. Fundamental Changes 50 SECTION 6.04. Investments, Loans, Advances and Guarantees 51 SECTION 6.05. Swap Agreements 51 SECTION 6.06. Restricted Payments 52 SECTION 6.07. Transactions with Affiliates 52 SECTION 6.08. Sales of Assets 52 SECTION 6.09. Constituent Documents 52 SECTION 6.10. Regulation T, U and X Compliance 53 SECTION 6.11. Sales and Leasebacks 53 SECTION 6.12. Changes in Fiscal Year 53 SECTION 6.13. Change in the Nature of Business 53 SECTION 6.14. Limitation on Restrictions on Subsidiary Distributions 53 SECTION 6.15. Changes to the Omnibus Agreement 53 SECTION 6.16. Changes to the Note Purchase Agreements 53 SECTION 6.17. Minimum Interest Coverage Ratio 54 SECTION 6.18. Maximum Leverage Ratio 54 SECTION 6.19. Permitted Acquisitions 54 Page ARTICLE VII EVENTS OF DEFAULT 54 ARTICLE VIII THE ADMINISTRATIVE AGENT 57 ARTICLE IX MISCELLANEOUS 58 SECTION 9.01. Notices 58 SECTION 9.02. Waivers; Amendments 60 SECTION 9.03. Expenses; Indemnity; Damage Waiver 61 SECTION 9.04. Successors and Assigns 62 SECTION 9.05. Survival 65 SECTION 9.06. Counterparts; Integration; Effectiveness 65 SECTION 9.07. Severability 65 SECTION 9.08. Right of Setoff 65 SECTION 9.09. Governing Law; Jurisdiction; Consent to Service of Process 65 SECTION 9.10. WAIVER OF JURY TRIAL 66 SECTION 9.11. Headings 66 SECTION 9.12. Confidentiality 66 SECTION 9.13. Interest Rate Limitation 67 SECTION 9.14. USA PATRIOT Act 67 SECTION 9.15. Separateness 67 SECTION 9.16. No Personal Liability of Directors, Officers, Employees and Unitholders 67 SECTION 9.17. Release of Guaranty Agreements 67 SECTION 9.18. Renewal and Extension 68 SCHEDULES: Schedule 2.01 — Commitments Schedule 3.03 — Disclosed Matters Schedule 3.14 — Subsidiaries Schedule 6.01 — Existing Indebtedness Schedule 6.02 — Existing Liens Schedule 6.08 — Permitted Asset Sales Schedule 6.14 — Existing Restrictions EXHIBITS: Exhibit A — Form of Assignment and Assumption Exhibit B — Form of Commitment Increase Notice Exhibit C — Form of New Lender Agreement Exhibit D — Form of Guaranty Agreement (Subsidiary) Exhibit E — Form of Borrowing Request Exhibit F — Form of Compliance Certificate Exhibit G — Form of Extension Request AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) dated as of March 28, 2007, among NRP (OPERATING) LLC, the LENDERS party hereto, and CITIBANK, N.A., as Administrative Agent. The parties hereto agree as follows:

Appears in 1 contract

Samples: Credit Agreement (Natural Resource Partners Lp)

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AFFIRMATIVE COVENANTS 44. SECTION 5.01. Section 5.01 Financial Statements; Ratings Change Statements and Other Information 44 SECTION 5.02. Section 5.02 Notices of Material Events 45 SECTION 5.03. 46 Section 5.03 Existence; Conduct of Business 46 SECTION 5.04. Section 5.04 Payment of Obligations 46 SECTION 5.05. Maintenance of Properties; Taxes 47 Section 5.05 Insurance 46 SECTION 5.06. 47 Section 5.06 Books and Records; Inspection Rights 46 SECTION 5.07. 47 Section 5.07 Compliance with Laws 46 SECTION 5.08. 47 Section 5.08 Use of Proceeds and Letters of Credit 46 SECTION 5.09. 47 Section 5.09 Compliance with ERISA Anti-Corruption Laws and Sanctions 47 SECTION 5.10. Intentionally Deleted 47 SECTION 5.11. Compliance with Environmental Laws; Environmental Reports 47 SECTION 5.12. Further Assurances 47 SECTION 5.13. Tax Shelter Regulations 47 SECTION 5.14. Leases; Material Contracts 48 SECTION 5.15. Clean-Down Period 48 SECTION 5.16. Guaranties 48 ARTICLE Article VI NEGATIVE COVENANTS 48 SECTION 6.01. 47 Section 6.01 Indebtedness 48 SECTION 6.02. Section 6.02 Liens 49 SECTION 6.03. 48 Section 6.03 Fundamental Changes 49 Section 6.04 Financial Covenant 50 SECTION 6.04. Investments, Loans, Advances and Guarantees 51 SECTION 6.05. Swap Section 6.05 Restrictive Agreements 51 SECTION 6.06. Restricted Payments 52 SECTION 6.07. Transactions with Affiliates 52 SECTION 6.08. Sales of Assets 52 SECTION 6.09. Constituent Documents 52 SECTION 6.10. Regulation T, U and X Compliance 53 SECTION 6.11. Sales and Leasebacks 53 SECTION 6.12. Changes in Fiscal Year 53 SECTION 6.13. Change in the Nature of Business 53 SECTION 6.14. Limitation on Restrictions on Subsidiary Distributions 53 SECTION 6.15. Changes to the Omnibus Agreement 53 SECTION 6.16. Changes to the Note Purchase Agreements 53 SECTION 6.17. Minimum Interest Coverage Ratio 54 SECTION 6.18. Maximum Leverage Ratio 54 SECTION 6.19. Permitted Acquisitions 54 Page ARTICLE 50 Article VII EVENTS OF DEFAULT 54 ARTICLE 50 Article VIII THE ADMINISTRATIVE AGENT 57 ARTICLE 52 Section 8.01 Administrative Agent 52 Section 8.02 The Lead Arrangers, Joint Bookrunners, Co-Syndication Agents and Co-Documentation Agents 53 Article IX MISCELLANEOUS 58 SECTION 9.01. 53 Section 9.01 Notices 58 SECTION 9.02. 53 Section 9.02 Waivers; Amendments 60 SECTION 9.03. 55 Section 9.03 Expenses; Indemnity; Damage Waiver 61 SECTION 9.04. 55 Section 9.04 Successors and Assigns 62 SECTION 9.05. 57 Section 9.05 Survival 65 SECTION 9.06. 59 Section 9.06 Counterparts; Integration; Effectiveness 65 SECTION 9.07. Effectiveness; Electronic Execution 60 Section 9.07 Severability 65 SECTION 9.08. Right of Setoff 65 SECTION 9.09. 60 Section 9.08 Governing Law; Jurisdiction; Consent to Service of Process 65 SECTION 9.10. 61 Section 9.09 WAIVER OF JURY TRIAL 66 SECTION 9.11. 61 Section 9.10 Headings 66 SECTION 9.12. 62 Section 9.11 Confidentiality 66 SECTION 9.13. 62 Section 9.12 Interest Rate Limitation 67 SECTION 9.14. 62 Section 9.13 USA PATRIOT Patriot Act 67 SECTION 9.15. Separateness 67 SECTION 9.16. Notice 63 Section 9.14 Replacement of Existing Credit Agreement 63 Section 9.15 No Personal Liability Fiduciary Duty 63 Section 9.16 Acknowledgement and Consent to Bail-In of Directors, Officers, Employees and Unitholders 67 SECTION 9.17. Release of Guaranty Agreements 67 SECTION 9.18. Renewal and Extension 68 SCHEDULESEEA Financial Institutions 63 Schedules: Schedule 1.01 Existing Letters of Credit Schedule 2.01 Commitments Schedule 3.03 — 2.13 Swingline Loan Rate Calculation Schedule 3.05 Disclosed Matters Schedule 3.14 — Subsidiaries Schedule 6.01 — Existing Indebtedness Schedule 6.02 — Existing Liens Schedule 6.08 — Permitted Asset Sales Schedule 6.14 — Existing Restrictions EXHIBITSExhibits: Exhibit A Form of Assignment and Assumption Exhibit B — Form Notice of Commitment Increase Notice Exhibit C Form of New Lender Agreement Promissory Note Exhibit D Form of Guaranty Agreement (Subsidiary) Maturity Date Extension Request Exhibit E Form of Borrowing Request Exhibit F — Form Joinder Agreement Exhibits F-1 to F-4 Forms of U.S. Tax Compliance Certificate Exhibit G — Form of Extension Request AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) Certificates Credit Agreement dated as of March 28October 24, 20072018, among NRP (OPERATING) LLCPioneer Natural Resources Company, a Delaware corporation, as the LENDERS party heretoBorrower, Xxxxx Fargo Bank, National Association, as Administrative Agent, Xxxxx Fargo Bank, National Association, Bank of America, N.A. and CITIBANKJPMorgan Chase Bank, N.A., as Administrative AgentIssuing Banks, Xxxxx Fargo Bank, National Association, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Swingline Lenders, the Lenders party hereto, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Co-Syndication Agents, Bank of Montreal, Citibank N.A., Xxxxxxx Xxxxx Bank USA, MUFG Bank, Ltd., Royal Bank of Canada, as Co-Documentation Agents, and Xxxxx Fargo Securities, LLC, Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated and JPMorgan Chase Bank, N.A., as Lead Arrangers and Joint Bookrunners. The parties hereto agree as follows:

Appears in 1 contract

Samples: Assignment and Assumption (Pioneer Natural Resources Co)

AFFIRMATIVE COVENANTS 44. SECTION 5.01Section 5.1. Financial Statements; Ratings Change Information Covenants 44 Section 5.2. Debt to Capitalization Ratio 46 Section 5.3. Preservation of Existence, Franchises and Other Information 44 SECTION 5.02Assets 46 Section 5.4. Notices of Material Events 45 SECTION 5.03Books and Records 46 Section 5.5. Existence; Conduct of Business Compliance with Law 46 SECTION 5.04Section 5.6. Payment of Obligations Taxes and Other Claims 46 SECTION 5.05Section 5.7. Maintenance of Properties; Insurance 46 SECTION 5.06. Books and Records; Inspection Rights 46 SECTION 5.07. Compliance with Laws 46 SECTION 5.08Section 5.8. Use of Proceeds and Letters of Credit 46 SECTION 5.09Section 5.9. Compliance with ERISA Audits/Inspections 47 SECTION 5.10. Intentionally Deleted 47 SECTION 5.11. Compliance with Environmental Laws; Environmental Reports 47 SECTION 5.12. Further Assurances 47 SECTION 5.13. Tax Shelter Regulations 47 SECTION 5.14. Leases; Material Contracts 48 SECTION 5.15. Clean-Down Period 48 SECTION 5.16. Guaranties 48 ARTICLE VI NEGATIVE COVENANTS 48 SECTION 6.0147 Section 6.1. Indebtedness 48 SECTION 6.02. Liens 49 SECTION 6.03. Fundamental Changes 50 SECTION 6.04. Investments, Loans, Advances and Guarantees 51 SECTION 6.05. Swap Agreements 51 SECTION 6.06. Restricted Payments 52 SECTION 6.07. Transactions with Affiliates 52 SECTION 6.08. Sales of Assets 52 SECTION 6.09. Constituent Documents 52 SECTION 6.10. Regulation T, U and X Compliance 53 SECTION 6.11. Sales and Leasebacks 53 SECTION 6.12. Changes in Fiscal Year 53 SECTION 6.13. Change in the Nature of Business 53 SECTION 6.1447 Section 6.2. Limitation on Restrictions on Subsidiary Distributions 53 SECTION 6.15Consolidation and Merger 47 Section 6.3. Changes to the Omnibus Agreement 53 SECTION 6.16Sale or Lease of Assets 47 Section 6.4. Changes to the Note Purchase Agreements 53 SECTION 6.17Arm’s-Length Transactions 48 Section 6.5. Minimum Interest Coverage Ratio 54 SECTION 6.18[Reserved] 48 Section 6.6. Maximum Leverage Ratio 54 SECTION 6.19Liens 48 Section 6.7. Permitted Acquisitions 54 Page Required Clear Period 48 ARTICLE VII EVENTS OF DEFAULT 54 49 Section 7.1. Events of Default 49 Section 7.2. Acceleration; Remedies 51 Section 7.3. Allocation of Payments After Event of Default 52 ARTICLE VIII THE ADMINISTRATIVE AGENT 57 53 Section 8.1. Appointment of Administrative Agent 53 Section 8.2. Nature of Duties of Administrative Agent 53 Section 8.3. Lack of Reliance on the Administrative Agent 54 Section 8.4. Certain Rights of the Administrative Agent 54 Section 8.5. Reliance by Administrative Agent 54 Section 8.6. The Administrative Agent in its Individual Capacity 54 Section 8.7. Successor Administrative Agent 55 Section 8.8. Documentation Agent; Syndication Agent 55 Section 8.9. Erroneous Payments 55 ARTICLE IX MISCELLANEOUS 58 SECTION 9.0157 Section 9.1. Notices 58 SECTION 9.0257 Section 9.2. WaiversWaiver; Amendments 60 SECTION 9.0359 Section 9.3. Expenses; Indemnity; Damage Waiver 61 SECTION 9.04Indemnification 60 Section 9.4. Successors and Assigns 62 SECTION 9.05. Survival 65 SECTION 9.06. Counterparts; Integration; Effectiveness 65 SECTION 9.07. Severability 65 SECTION 9.08. Right of Setoff 65 SECTION 9.0961 Section 9.5. Governing Law; Jurisdiction; Consent to Service of Process 65 SECTION 9.10Section 9.6. WAIVER OF JURY TRIAL 66 SECTION Section 9.7. Right of Setoff 66 Section 9.8. Counterparts; Integration 66 Section 9.9. Survival 67 Section 9.10. Severability 67 Section 9.11. Headings 66 SECTION Confidentiality 68 Section 9.12. Confidentiality 66 SECTION 9.13. Interest Rate Limitation 67 SECTION 68 Section 9.13. Waiver of Effect of Corporate Seal 68 Section 9.14. USA PATRIOT Act 67 SECTION 69 Section 9.15. Separateness 67 SECTION No Fiduciary Duty 69 Section 9.16. No Personal Liability Acknowledgment and Consent to Bail-In of Directors, Officers, Employees and Unitholders 67 SECTION Affected Financial Institutions 69 Section 9.17. Release of Guaranty Agreements 67 SECTION 9.18. Renewal and Extension 68 SCHEDULES: Certain ERISA Matters 70 Schedules Schedule 2.01 I Commitments Commitment Amounts Schedule 3.03 — Disclosed Matters Schedule 3.14 4.21 — Subsidiaries Schedule 6.01 — Existing Indebtedness Schedule 6.02 — Existing Liens Schedule 6.08 — Permitted Asset Sales Schedule 6.14 — Existing Restrictions EXHIBITS: Exhibits Exhibit A — Form of Assignment and Assumption Acceptance Exhibit B B-1 — Form of Commitment Increase Notice U.S. Tax Compliance Certificate Exhibit C B-2 — Form of New Lender Agreement U.S. Tax Compliance Certificate Exhibit D B-3 — Form of Guaranty Agreement (Subsidiary) U.S. Tax Compliance Certificate Exhibit E B-4 — Form of U.S. Tax Compliance Certificate Exhibit 2.3 — Form of Notice of Borrowing Request Exhibit F 2.5 — Form of Notice of Conversion/Continuation Exhibit 3.1(b)(iii) — Form of Secretary’s Certificate Exhibit 3.1(b)(vi) — Form of Officer’s Certificate Exhibit 5.1(c) — Form of Compliance Certificate Exhibit G — Form of Extension Request AMENDED AND RESTATED CREDIT TERM LOAN AGREEMENT THIS TERM LOAN AGREEMENT (this “Agreement”) dated is made and entered into as of March 283, 20072023, by and among NRP ATMOS ENERGY CORPORATION, a Texas and Virginia corporation (OPERATING) LLCthe “Borrower”), the LENDERS several banks and other financial institutions and lenders from time to time party heretohereto (the “Lenders”), and CITIBANKU.S. BANK NATIONAL ASSOCIATION, N.A., in its capacity as administrative agent for the Lenders (the “Administrative Agent. The parties hereto agree as follows:”).

Appears in 1 contract

Samples: Term Loan Agreement (Atmos Energy Corp)

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AFFIRMATIVE COVENANTS 44. SECTION 5.01. Financial Statements; Ratings Change Borrowing Base and Other Information 44 SECTION 5.02. Notices of Material Events 45 Events. 47 SECTION 5.03. Existence; Conduct of Business 46 47 SECTION 5.04. Payment of Obligations 46 Obligations. 48 SECTION 5.05. Maintenance of Properties; Insurance 46 Properties 48 SECTION 5.06. Books and Records; Inspection Rights 46 48 SECTION 5.07. Compliance with Laws 46 and Material Contractual Obligations. 48 SECTION 5.08. Use of Proceeds and Letters of Credit 46 Credit. 48 SECTION 5.09. Compliance with ERISA 47 Accuracy of Information 49 SECTION 5.10. Intentionally Deleted 47 Insurance 49 SECTION 5.11. Compliance with Environmental Laws; Environmental Reports 47 Casualty and Condemnation 49 SECTION 5.12. Further Assurances 47 Depository Banks 49 SECTION 5.13. Tax Shelter Regulations 47 Additional Collateral; Further Assurances 49 SECTION 5.14. Leases; Material Contracts 48 SECTION 5.15Additional Subsidiaries 50 ARTICLE VI. Clean-Down Period 48 SECTION 5.16. Guaranties 48 ARTICLE VI NEGATIVE COVENANTS 48 Negative Covenants 50 SECTION 6.01. Indebtedness 48 Indebtedness. 50 SECTION 6.02. Liens 49 Liens. 52 SECTION 6.03. Fundamental Changes 50 Changes. 53 SECTION 6.04. Investments, Loans, Advances Advances, Guarantees and Guarantees 51 Acquisitions 53 SECTION 6.05. Swap Agreements 51 Asset Sales 55 SECTION 6.06. Restricted Payments 52 Sale and Leaseback Transactions 55 SECTION 6.07. Transactions with Affiliates 52 Swap Agreements 56 SECTION 6.08. Sales Restricted Payments; Certain Payments of Assets 52 Indebtedness. 56 SECTION 6.09. Constituent Documents 52 Transactions with Affiliates. 56 SECTION 6.10. Regulation T, U and X Compliance 53 Restrictive Agreements. 57 SECTION 6.11. Sales and Leasebacks 53 Amendment of Material Documents 57 SECTION 6.12. Changes in Fiscal Year 53 SECTION 6.13. Change in the Nature of Business 53 SECTION 6.14. Limitation on Restrictions on Subsidiary Distributions 53 SECTION 6.15. Changes to the Omnibus Agreement 53 SECTION 6.16. Changes to the Note Purchase Agreements 53 SECTION 6.17. Minimum Interest Coverage Ratio 54 SECTION 6.18. Maximum Leverage Ratio 54 SECTION 6.19. Permitted Acquisitions 54 Page ARTICLE VII EVENTS OF DEFAULT 54 ARTICLE VIII THE ADMINISTRATIVE AGENT Financial Covenants 57 ARTICLE IX MISCELLANEOUS VII. Events of Default 58 ARTICLE VIII. Miscellaneous 60 SECTION 9.018.01. Notices 58 60 SECTION 9.028.02. Waivers; Amendments 60 Amendments. 62 SECTION 9.038.03. Expenses; Indemnity; Damage Waiver 61 Waiver. 62 SECTION 9.048.04. Successors and Assigns 62 64 SECTION 9.058.05. Survival 65 SECTION 9.068.06. Counterparts; Integration; Effectiveness Effectiveness; Electronic Execution. 65 SECTION 9.078.07. Severability 65 66 SECTION 9.088.08. Right of Setoff 65 Setoff. 66 SECTION 9.098.09. Governing Law; Jurisdiction; Consent to Service of Process 65 Process. 66 SECTION 9.108.10. WAIVER OF JURY TRIAL 66 TRIAL. 67 SECTION 9.118.11. Headings 66 Headings. 67 SECTION 9.128.12. Confidentiality 66 Confidentiality. 67 SECTION 9.138.13. Nonreliance; Violation of Law 68 SECTION 8.14. USA PATRIOT Act 68 SECTION 8.15. Disclosure 68 SECTION 8.16. Interest Rate Limitation 67 68 SECTION 9.148.17. USA PATRIOT Act 67 Marketing Consent 68 ARTICLE IX. Loan Guaranty 68 SECTION 9.159.01. Separateness 67 Guaranty. 68 SECTION 9.169.02. Guaranty of Payment 69 SECTION 9.03. No Personal Discharge or Diminishment of Loan Guaranty 69 SECTION 9.04. Defenses Waived. 70 SECTION 9.05. Rights of Subrogation 70 SECTION 9.06. Reinstatement; Stay of Acceleration. 70 SECTION 9.07. Information 70 SECTION 9.08. Termination 70 SECTION 9.09. Taxes. 71 SECTION 9.10. Maximum Liability of Directors, Officers, Employees and Unitholders 67 71 SECTION 9.179.11. Release of Guaranty Agreements 67 Contribution 71 SECTION 9.189.12. Renewal and Extension 68 Liability Cumulative 72 SECTION 9.13. Keepwell 72 SCHEDULES: Schedule 2.01 — Commitments 3.05 – Properties, etc. Schedule 3.03 — 3.06 – Disclosed Matters Schedule 3.14 – Insurance Schedule 3.15 – Capitalization and Subsidiaries Schedule 3.22 – Affiliate Transactions Schedule 6.01 Existing Indebtedness Schedule 6.02 Existing Liens Schedule 6.08 — Permitted Asset Sales 6.04 – Existing Investments Schedule 6.14 — 6.10 – Existing Restrictions EXHIBITS: Exhibit A - Opinion of Counsel for the Loan Parties Exhibit B - Form of Assignment and Assumption Exhibit B — Form of Commitment Increase Borrowing Request/Funding Notice Exhibit C — Form of New Lender Agreement - Borrowing Base Certificate Exhibit D — Form of Guaranty Agreement (Subsidiary) Exhibit E — Form of Borrowing Request Exhibit F — Form of - Compliance Certificate Exhibit G — Form of Extension Request AMENDED AND RESTATED E - Joinder Agreement CREDIT AGREEMENT dated as of November 29, 2016 (as it may be amended or modified from time to time, this “Agreement”) dated as of March 28, 2007), among NRP (OPERATING) LLCPAR TECHNOLOGY CORPORATION, as Borrower, the LENDERS Loan Parties party hereto, and CITIBANKJPMORGAN CHASE BANK, N.A., as Administrative AgentLender. The parties hereto agree as follows:

Appears in 1 contract

Samples: Credit Agreement (Par Technology Corp)

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