AFFIRMATIVE COVENANTS OF CARDINAL Sample Clauses

AFFIRMATIVE COVENANTS OF CARDINAL. Unless the prior written consent of Area shall have been obtained, and except as otherwise contemplated herein, Cardinal shall, and shall cause each of its Subsidiaries, from the date of this Agreement until the Effective Time or termination of this Agreement: (a) to operate its business in the usual, regular and ordinary course; (b) to preserve intact its business organization and Assets and maintain its rights and franchises; (c) to use its reasonable efforts to cause its representations and warranties to be correct at all times; and (d) to take no action which would (i) adversely affect the ability of any Party to obtain any Consents required for the transactions contemplated hereby without imposition of a condition or restriction of the type referred to in the last sentence of Section 9.1(b) or 9.1(c) of this Agreement or (ii) adversely affect in any material respect the ability of either Party to perform its covenants and agreements under this Agreement.
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AFFIRMATIVE COVENANTS OF CARDINAL. 21 (a) Cardinal Shareholders' Meeting........................................................ 21 (b) Affiliates Agreements................................................................. 22 (c) Conduct of Business Prior to Effective Time........................................... 22 (d) Periodic Financial and Other Information.............................................. 22 (e) Notice of Certain Changes or Events................................................... 23 (f) Accruals for Loan Loss Reserve, Expenses and Other Accounting Matters................. 24 (g) Loan Charge-Offs...................................................................... 24 (h) Correction of Credit Documentation and Compliance Deficiencies........................ 24 (i) Consents to Assignment of Leases...................................................... 24 (j) Access................................................................................ 25 (k) Pricing of Deposits and Loans......................................................... 25 (l) Further Action; Instruments of Transfer............................................... 25 4.02. Negative Covenants of Cardinal................................................................ 25 (a) Amendments to Articles of Incorporation or Bylaws..................................... 25 (b) Change in Capitalization.............................................................. 25 (c) Sale or Issuance of Shares............................................................ 25 (d) Purchase or Redemption of Shares...................................................... 26 (e) Options, Warrants and Rights.......................................................... 26 (f) Dividends............................................................................. 26 (g) Employment, Benefit or Retirement Agreements or Plans................................. 26 (h) Increase in Compensation; Bonuses..................................................... 26 (i) Accounting Practices.................................................................. 26 (j) Acquisitions; Additional Branch Offices............................................... 26 (k) Changes in Business Practices......................................................... 26 (l) Exclusive Merger Agreement............................................................ 27 (m) Debt; Liabilities..................................................................... 27 (n) Liens; Encumbrances.......................
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AFFIRMATIVE COVENANTS OF CARDINAL. Cardinal hereby covenants and agrees as follows with MFC:
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Related to AFFIRMATIVE COVENANTS OF CARDINAL

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Affirmative Covenants of the Company The Company hereby covenants and agrees as follows:

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • NEGATIVE COVENANTS So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly:

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • AFFIRMATIVE COVENANTS OF BORROWER Borrower agrees with and covenants unto Lender that until the Loan Obligations have been paid in full, Borrower shall:

  • Negative Covenants of the Company Except as expressly contemplated by this Agreement or otherwise consented to in writing by Buyer, from the date of this Agreement until the Effective Time, the Company will not do any of the following:

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

  • Affirmative Covenants of the Seller From the date hereof until the Collection Date:

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