Borrower Covenant. By its execution of this Agreement, the Borrower Representative hereby covenants to deliver or cause to be delivered all legal opinions and other documents reasonably requested by the Administrative Agent, as applicable, in connection with this Agreement.
Borrower Covenant. The Borrower warrants to the Lender that the Borrower is the legal owner of the Property and has the right to grant and convey it. The Borrower also warrants that the Property is free of all encumbrances except for encumbrances of record.
Borrower Covenant. Notwithstanding any other provision of this Agreement, Borrower hereby covenants and agrees with each Lender that from and after the date of this Agreement until the Payment in Full of the Obligations, unless the Required Lenders shall otherwise consent in writing:
Borrower Covenant. By its execution of this Incremental Amendment, the Borrower hereby covenants and agrees that the proceeds of the Term B-3 Loans shall be used by Borrower to (i) pay fees and expenses related to the Incremental Amendment and the Term B-3 Loans and (ii) refinance in full the Term B-1 Loans outstanding on the Term B-3 Effective Date and (iii) to partially redeem or otherwise refinance 2014 Subordinated Notes with any excess proceeds thereof.
Borrower Covenant. By its execution of this Agreement, Borrower hereby covenants to make any payments required pursuant to Section 2.18(c) of the Credit Agreement in connection with the New Revolving Loan Commitments.
Borrower Covenant. The Borrower shall, within 30 days after the date hereof, provide ----------------- the Agents with:
Borrower Covenant. Promptly upon receipt, the Borrower hereby acknowledges and agrees to deposit the Transaction Proceeds less cash in the aggregate amount of $10,000,000 (such aggregate amount, the “Excluded Amount”) into a segregated deposit account (the “Segregated Account”) in the name of the Borrower and not to withdraw such portion of the Transaction Proceeds from such account or invest, expend or use such Transaction Proceeds in any manner without obtaining the prior written consent of the Required Lenders and Required Revolving Lenders. Subject to the Intercreditor Agreement, the Borrower hereby agrees to use commercially reasonable efforts to enter into (as soon as reasonably practicable, but in no event later than 30 days, after the date hereof) a Deposit Account Control Agreement with the Administrative Agent (for the benefit of the Lenders) and the applicable deposit bank with respect to the Segregated Account. For the avoidance of doubt, the undersigned Lenders hereby acknowledge and agree that the Borrower shall be permitted to invest, expend or use the Excluded Amount as determined by the Borrower in its sole discretion.
Borrower Covenant. Borrowers agree not to amend the Meda APA or any of the Meda Transaction Documents without the prior written consent of Agent.
Borrower Covenant. The Borrower covenants and agrees that it will use the proceeds of the Term B-2 Loans (i) to fund the redemption, repurchase or repayment of any portion of the 2011 Notes on or prior to August 1, 2011 (which, for the avoidance of doubt, may be effected by making a Restricted Payment to Holdings) and (ii) to pay fees and expenses incurred in connection therewith and with this Joinder Agreement and related transactions.
Borrower Covenant. By its execution of this Agreement, the Borrower hereby covenants to make any payments required under the Credit Agreement in connection with the Tranche A-3 Term Loan Commitment and Tranche A-4 Term Loan Commitment, including, without limitation, under Sections 2.14, 2.15, 2.16, 2.20 and 9.05 thereof.
