AFFIRMATIVE COVENANTS124 Sample Clauses

AFFIRMATIVE COVENANTS124. Section 5.01Financial Statements and Other Reports 124 Section 5.02Existence 129 NY\5627635.16 Section 5.03Payment of Taxes and Claims 129 Section 5.04Maintenance of Properties 129 Section 5.05Insurance 129 Section 5.06Books and Records; Inspections 130 Section 5.07Compliance with Material Contractual Obligations and Laws 130 Section 5.08Environmental 130 Section 5.09Maintenance of Ratings. 131 Section 5.10Intellectual Property 132 Section 5.11Subsidiaries 133 Section 5.12Additional Material Real Estate Assets 133 Section 5.13Additional Collateral 135 Section 5.14Further Assurances 135 Section 5.15Post-Closing Obligations 136 Article VI. NEGATIVE COVENANTS136 Section 6.01Indebtedness 136 Section 6.02Liens 140 Section 6.03Designation of Subsidiaries 143 Section 6.04Restricted Payments 144 Section 6.05Restrictions on Subsidiary Distributions; No Further Negative Pledges 146 Section 6.06Investments 147 Section 6.07Financial Covenants 148 Section 6.08Fundamental Changes; Disposition of Assets; Acquisitions 150 Section 6.09Disposal of Subsidiary Interests 152 NY\5627635.16 Section 6.10Sales and Lease‑Backs 152 Section 6.11Transactions with Shareholders and Affiliates 153 Section 6.12Conduct of Business 154 Section 6.13Amendments or Waivers of Organizational Documents and Certain Other Documents 154 Section 6.14Fiscal Year 154 Section 6.15Centre of Main Interests and Establishments 155 Article VII. GUARANTY155 Section 7.01Guaranty of the Obligations 155 Section 7.02Limitation on Liability; Contribution by Guarantors 155 Section 7.03Payment by Guarantors 157 Section 7.04Liability of Guarantors Absolute 157 Section 7.05Waivers by Guarantors 160 Section 7.06Guarantors’ Rights of Subrogation, Contribution, Etc. 160 Section 7.07Subordination of Certain Intercompany Obligations 161 Section 7.08Continuing Guaranty 162 Section 7.09Authority of Guarantors or the Borrowers 162 Section 7.10Financial Condition of the Borrowers 162 Section 7.11Bankruptcy, Etc. 162 Section 7.12Discharge of Guaranty Upon Sale of Guarantor 163 Section 7.13European Guarantor Limitations 163 Section 7.14Subordination of the Guaranteed Obligations 164 Article VIII. EVENTS OF DEFAULT164 NY\5627635.16 Section 8.01Events of Default 164 Article IX. AGENTS168 Section 9.01Appointment of Agents 168 Section 9.02Powers and Duties 169 Section 9.03General Immunity 169 Section 9.04Agents Entitled to Act as Lender 171 Section 9.05Lenders’ Representations, Warranties and Acknowledgment 171 Section 9.06Right to ...