Certain Affirmative and Negative Covenants Sample Clauses

Certain Affirmative and Negative Covenants. Except as set forth in Section 7.3 of the Disclosure Schedule or unless otherwise agreed to in writing by Purchasers who will hold eighty percent (80%) or more of the Series C Preferred and the Series D Preferred immediately following the Subsequent Closings, the Company and the Successor covenant and agree that except for the consummation of the interim financing provided to the Company concurrently with the execution of this Agreement and pending consummation of the Merger (the "Interim Financing"), from and after the date hereof and until the First Closing Date:
Sample 1
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Certain Affirmative and Negative Covenants. The Lessee has agreed, unless the Bank otherwise consents, to comply with certain affirmative and negative covenants set forth in the Credit Agreement or set forth in the Revolving Credit Agreement and incorporated in the Credit Agreement, including without limitation, affirmative covenants relating to provision of financial information, maintenance of corporate existence, payment of indebtedness, and maintenance of properties, and negative covenants relating to merger and dissolution, acquisitions, incurrence of indebtedness, creation, assumption or existence of certain liens, creation of contingent obligations, disposition of assets, sales and lease-back transactions, transactions with related persons, maintenance of certain financial standards, restrictions on investments and dividends and other financial restrictions.
Sample 1

Related to Certain Affirmative and Negative Covenants

  • CERTAIN AFFIRMATIVE COVENANTS The Company or, to the extent required hereunder, any Subsidiary should fail to perform or comply with Sections 9(A) through 9(H)(2), 9(H)(6) through 9(H)(8) or any reporting covenant set forth in any Supplement hereto, and such failure continues for 15 days after written notice thereof shall have been delivered by Agent to the Company.

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

  • Certain Negative Covenants Each of the Borrowers covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any obligations to issue, extend or renew any Letters of Credit:

  • 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:

  • 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:

  • CERTAIN NEGATIVE COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligations to issue, extend or renew any Letters of Credit:

  • BORROWER'S NEGATIVE COVENANTS Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Additional Affirmative Covenants All affirmative covenants made by the Borrowers or Guarantors or any of them in the Credit Agreement are incorporated herein by reference and are hereby also made by Trustor as to itself and the Trust Property as though such covenants were set forth at length herein as the covenants of Trustor.

  • COMPANY'S NEGATIVE COVENANTS Company covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Company shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Borrower Negative Covenants Borrower covenants and agrees with Lender that:

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