Applicant’s Covenants. Applicant irrevocably represents, warrants and covenants to City as follows:
Applicant’s Covenants. Applicant shall (i) provide Lender with at least fifteen (15) days prior notice of any changes in Applicant's legal name, state of formation, incorporation, principal place of business or residence; (ii) not misuse or abuse the Collateral or allow it to deteriorate; (iii) keep the Collateral fully insured against any and all risks of loss whatsoever: (iv) not change its form of organization nor combine or merge with any other entity without first obtaining Lender's prior written consent; (v) except with respect to sales to Applicant's customers in the ordinary course of business, sell, transfer or encumber the Collateral in any manner whatsoever; or (vi) cause the Collateral to be maintained at any location other than the Applicant's "Address" as set forth in the Agreement (as may be changed from time to time by Applicant on prior notice to Lender) except with respect to sales to Applicant's customers in the ordinary course of business. Initials: Date:
Applicant’s Covenants. The Applicant covenants with the City Council to observe and perform the covenants contained in Schedule One to this Agreement and covenants with the County Council to observe and perform the covenants contained in Schedule Two to this Agreement
Applicant’s Covenants. 5.1 The covenants in Clause 5.2 below shall apply and subsist throughout the Covenant Period.
