Borrower’s Covenants and Agreements Sample Clauses

Borrower’s Covenants and Agreements. The Borrower covenants and agrees with the Lender as follows:
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Borrower’s Covenants and Agreements. Borrower hereby covenants and warrants to Bank that it has not executed any prior assignment or pledge of any such Declaration Rights. Borrower hereby covenants and agrees further that it will not, without the prior written consent of Bank, which shall not be unreasonably withheld, delayed or conditioned:
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Borrower’s Covenants and Agreements. The last sentence of Paragraph (a) of Section 4.2 of the Loan Agreement, as amended, and the last sentence of Paragraph (b) of Section 4.2 of the Loan Agreement, as amended, are hereby deleted in their entirety and the following is substituted in lieu thereof: The failure of Borrower to keep, observe, perform, or fulfill any financial covenant set out in Sections 4.7, 4.8, 4.18, 4.19, 4.20, 4.21, 4.22, 4.24, 4.26, or 4.27 will be a material failure of Borrower to perform. Sections 4.7 and 4.8 of the Loan Agreement, as amended, are hereby deleted in their entirety and the following is substituted in lieu thereof:
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Borrower’s Covenants and Agreements. Borrower covenants and agrees with Bank that it will fully and promptly do and perform each and every one of the following covenants and agreements, or to the extent any of the covenants and agreements set forth below requires it to refrain from doing an act, it will so refrain:
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Borrower’s Covenants and Agreements. Borrower covenants and agrees that:
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Borrower’s Covenants and Agreements. Borrower covenants and agrees with Bank that: Financing Statements. Borrower, at its expense, shall make, procure, execute and deliver such financing statements, and any amendments, supplements and other writings, and shall take such other actions as Bank may, from time to time, require, as Bank reasonably deems to be necessary or appropriate to perfect, preserve, protect and enforce the lien and security interest granted to Bank pursuant to this Agreement, and to satisfy all requirements of the Uniform Commercial Code or applicable law of any jurisdiction governing the granting, perfection, preservation and enforcement of Bank’s Lien and security interest in and to each item of the Collateral. Borrower authorizes Bank, from time to time, at Borrower’s expense, to file any Uniform Commercial Code financing statement or other statements relating to the Collateral (without Borrower’s signature thereon) which Bank deems appropriate, and Borrower appoints Bank as Borrower’s attorney-in-fact to execute any such financing or other statements in Borrower’s name and to perform all other acts which Bank deems appropriate to perfect and to continue perfection of the lien and security interest granted by this Agreement. Other Financing Statements. While this Agreement continues in full legal force and effect and is not terminated, Borrower will not execute or deliver, and there will not be on file in any public office, any financing statement creating or evidencing a Lien covering any of the Collateral, except for any Liens in favor of Bank and any financing statement filed with respect to Permitted Liens. Borrower further agrees that it will keep the Collateral free from any Lien or any other legal or equitable process of any kind or character, except for any Liens in favor of Bank or any financing statement filed with respect to Permitted Liens.
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Borrower’s Covenants and Agreements 
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Related to Borrower’s Covenants and Agreements

  • Other Covenants and Agreements The Company or, to the extent required hereunder, any Subsidiary should fail to perform or comply with any other covenant or agreement contained herein or in any other Loan Document or shall use the proceeds of any loan for an unauthorized purpose.

  • Borrower’s Covenants 3.1 As and when he becomes, and for so long as he remains a shareholder of Borrower Company, Borrower covenants irrevocably that during the term of this Agreement, Borrower shall cause Borrower Company:

  • Special Covenants and Agreements SECTION 5.1. COMPANY TO MAINTAIN ITS CORPORATE EXISTENCE; CONDITIONS UNDER WHICH EXCEPTIONS PERMITTED. The Company agrees that during the term of this Agreement, it will maintain its corporate existence and its good standing in the State, will not dissolve or otherwise dispose of all or substantially all of its assets and will not consolidate with or merge into another corporation unless the acquirer of its assets or the corporation with which it shall consolidate or into which it shall merge shall (i) be a corporation organized under the laws of one of the states of the United States of America, (ii) be qualified to do business in the State, and (iii) assume in writing all of the obligations of the Company under this Agreement and the Tax Agreement. Any transfer of all or substantially all of the Company's generation assets shall not be deemed to constitute a "disposition of all or substantially all of the Company's assets" within the meaning of the preceding paragraph. Any such transfer of the Company's generation assets shall not relieve the Company of any of its obligations under this Agreement. The Company hereby agrees that so long as any of the Bonds are insured by a Bond Insurance Policy issued by the Bond Insurer and the Bond Insurer shall not have failed to comply with its payment obligations under such Policy, in the event of a Reorganization, unless otherwise consented to by the Bond Insurer, the obligations of the Company under, and in respect of, the Bonds, the G&R Notes, the G&R Indenture and the Agreement shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company such that at all times the obligor under this Agreement and the obligor on the G&R Notes is a Regulated Utility Company. The Company shall deliver to the Bond Insurer a certificate of the president, any vice president or the treasurer and an opinion of counsel reasonably acceptable to the Bond Insurer stating in each case that such Reorganization complies with the provisions of this paragraph. The Company need not comply with any of the provisions of this Section 5.1 if, at the time of such merger or consolidation, the Bonds will be defeased as provided in Article VIII of the Indenture. The Company need not comply with the provisions of the second paragraph of this Section 5.1 if the Bonds are redeemed as provided in Section 3.01(B)(3) of the Indenture or if the Bond Insurance Policy is terminated as described in Section 3.06 of the Indenture in connection with a purchase of the Bonds by the Company in lieu of their redemption.

  • Survival of Covenants and Agreements The covenants and agreements of the parties to be performed after the Effective Time contained in this Agreement shall survive the Effective Time.

  • Covenants and Agreements of the Parties The Parties agree to the following covenants:

  • Covenants and Agreements of Seller Seller covenants and agrees with Buyer as follows:

  • Covenants and Agreements Each Grantor hereby covenants and agrees that:

  • Covenants and Agreements of the Company The Company further covenants and agrees with the Placement Agent as follows:

  • Covenants and Agreements of Issuer The Issuer covenants and agrees that:

  • Certain Covenants and Agreements The Company hereby covenants and agrees that:

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