CERTAIN COVENANTS OF THE BORROWER Clause Samples

CERTAIN COVENANTS OF THE BORROWER. The Borrower covenants and agrees that so long as the Loan shall remain unpaid or the Commitment has not been terminated:

CERTAIN COVENANTS OF THE BORROWER. SECTION 5.01.

CERTAIN COVENANTS OF THE BORROWER. PLEDGE OF REVENUES; PAYMENTS TO BE MADE BY THE BORROWER TO THE AUTHORITY

CERTAIN COVENANTS OF THE BORROWER. The Borrower covenants and agrees that so long as any Advance shall remain unpaid: (a) The Borrower shall be operated in such a manner that it would not be substantively consolidated in the trust estate of any other Person in the event of a bankruptcy or insolvency of such Person and in such regard, the Borrower shall: (i) not become involved in the day-to-day management of any other Person; (ii) not permit any Affiliate to become involved in the day-to-day management of the Borrower except to the extent provided in the Program Documents; (iii) not engage in transactions with any other Person other than those activities described herein and matters necessarily incident thereto; (iv) maintain separate corporate records and books of account in a separate business office from any other Person; (v) the financial statements and books and records of the Borrower and of Funding reflect the separate existence of the Borrower; (vi) maintain its assets separately from the assets of any other Person (including through the maintenance of a separate bank account); (vii) maintain separate financial statements, books and records from any other Person; (viii) not guarantee any other Person's obligations or advance funds to, or accept funds from, any other Person for the payment of expenses or otherwise permit any Affiliate to guarantee any of the Borrower's obligations; (ix) conduct all business correspondence of the Borrower and other communications in the Borrower's own name; (x) not act as an agent of any other Person in any capacity except pursuant to contractual documents indicating such capacity and only in respect of transactions described herein and matters necessarily incident thereto; (xi) not fail to hold appropriate meetings of the Board of Directors at least once per annum and otherwise as necessary to authorize all corporate action; (xii) not fail to hold meetings of the stockholders at least one time per annum; (xiii) not form, or cause to be formed, any subsidiaries; (xiv) not act as an agent of an Affiliate nor permit any Affiliate to act as its agent except to the limited extent permitted under the Program Documents; (xv) maintain a separate office from each Affiliate, which office may be on premises owned or leased by an Affiliate provided that such arrangement is set forth; and (xvi) not engage in intercorporate transactions except to the extent permitted under the Program Documents or as contemplated in its certificate of incorporation, including ordi...

CERTAIN COVENANTS OF THE BORROWER. The Borrower covenants and agrees with each party hereto as follows: (a) The Borrower will, at its cost and expense, cause to be done, executed, acknowledged and delivered all and every such further acts, conveyances and assurances as any Certificate Holder shall reasonably require for accomplishing the purposes of this Agreement and the other Operative Documents; provided that any instrument or other document so executed by the Borrower will not expand any obligations or limit any rights of the Borrower in respect of the transactions contemplated by any Operative Documents. (b) The Borrower, at its expense, will cause the Trust Indenture, all Trust Indenture Supplements and all amendments to the Trust Indenture to be promptly filed and recorded, or filed for recording, to the extent permitted under the Federal Aviation Act, or required under any other applicable law of the jurisdiction where the Aircraft is registered. The Borrower agrees to furnish the Indenture Trustee and the Certificate Holders with copies of the foregoing documents with recording data as promptly as practicable following the issuance of same by the FAA. Further, Borrower will cause, subject to receipt of any necessary consent, the registration with the International Registry of the applicable international interests in the Airframe or and each Engine attributable to the Trust Indenture and, if required by the Operative Documents, any Lease. Borrower shall pay all reasonable costs and expenses associated with the foregoing. (c) Borrower will take or cause to be taken such action with respect to the recording, filing, re-recording and re-filing of the FAA ▇▇▇▇ of Sale, the Trust Indenture, the Trust Supplement, and any financing statements or other instruments or, if required by the terms of the Operative Documents, registrations with the International Registry, as are necessary to maintain, so long as the Trust Indenture is in effect, the perfection of any security interest that may be claimed to have been created by the Trust Indenture or will furnish to Indenture Trustee timely notice of the necessity of such action, together with such instruments, in execution form, and such other information as may be required to enable it to take such action. Except as otherwise provided in the Operative Documents, Borrower shall pay all reasonable costs and expenses associated with the foregoing. (d) The Borrower shall pay all reasonable fees and expenses incurred by the Indenture Trustee and th...

CERTAIN COVENANTS OF THE BORROWER. (a) The Borrower hereby agrees that, simultaneously with the delivery of any report to or by the Borrower's special committee of the board of directors, or to shareholders, holders of the Borrower's senior debt securities issued pursuant to the Indenture dated as of July 15, 1997, as amended or supplemented to date, with First Union National Bank, as Trustee, or to the Securities and Exchange Commission, regarding the Undisclosed Transactions, the Undisclosed Transaction Matters or any related matter, or with the issue of any press release pertaining to any of the foregoing, the Borrower shall

CERTAIN COVENANTS OF THE BORROWER. 26 SECTION 8.1 Maintenance of Office ............................... 26 SECTION 8.2 Existence ........................................... 26 SECTION 8.3 General Maintenance of Business, Etc. ............... 26 SECTION 8.4 Financial Statements and Reports .................... 27 SECTION 8.5 Inspection .......................................... 27 SECTION 8.6

CERTAIN COVENANTS OF THE BORROWER. The Borrower covenants and agrees that, from the date hereof and until the Obligations have been fully paid and satisfied, unless the Bank (in its sole discretion) shall consent otherwise in writing: (a) The Borrower shall give, or cause to be given, immediate written notice to the Bank of: (i) any change in the name, domicile, primary residence, employer or chief executive office of the Borrower, as applicable, or, to the best knowledge of the Borrower, the name or chief executive office of any issuer or holder of any Collateral; (ii) the institution or threat of, or any adverse determination or change in, any action, suit, investigation or proceeding (whether or not purportedly on behalf of the Borrower or any issuer or holder of any Collateral) at law, in equity, in arbitration or by or before any other authority involving or affecting (A) the Borrower or, to the best knowledge of the Borrower, any issuer or holder of any Collateral that, if adversely determined, would be reasonably likely to have a Material Adverse Effect (individually or in the aggregate with other events), (B) any alleged criminal act or activity (other than a traffic misdemeanor or lesser traffic violation) on the part of the Borrower, (c) any part of the Collateral or Obligations, or (D) any of the transactions contemplated in this Agreement and the other Loan Documents; (iii) any change in location or any loss of or other material and adverse change in the Collateral; (iv) any act or event known to the Borrower that in any material respect violates, is in conflict with, results in a breach of or constitutes a default (with or without the giving of notice or the passage of time or both) under any term or provision of any of the Organizational Documents, Custody Documents or Collateral Acknowledgments; (v) any material change known to the Borrower in the trading policies, trading strategies, business, management or control of any investment company, fund or adviser respecting any of the Collateral; (vi) any attachment, confiscation, detention, levy, requisition, seizure or other taking of any part of the Collateral, whether through process of law or otherwise, or any filing or other imposition of any financing statement or other lien or encumbrance against any part of the Collateral; (vii) any Event of Default ; or (viii) any other event if such event would be reasonably likely to have or has had any material and adverse effect, individually or in the aggregate, upon (1) the assets,...

CERTAIN COVENANTS OF THE BORROWER