CERTAIN NEGATIVE COVENANTS OF THE BORROWER. The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit, amount of Consigned Precious Metal or Note is outstanding or any Bank has any obligation to make any Loans or Consignments or the Dollar Agent has any obligation to issue, extend or renew any Letters of Credit:
Appears in 2 contracts
Samples: Revolving Credit, Term Loan and Gold Consignment Agreement (Commemorative Brands Inc), Revolving Credit, Term Loan and Gold Consignment Agreement (Commemorative Brands Inc)
CERTAIN NEGATIVE COVENANTS OF THE BORROWER. The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit, amount of Consigned Precious Metal or Note is outstanding or any Bank has any obligation to make any Loans or Loans, any Gold Fronting Bank has any obligation to make any Purchases and Consignments or the Dollar Administrative Agent has any obligation to issue, extend or renew any Letters of Credit:
Appears in 1 contract
Samples: Revolving Credit and Gold Consignment Agreement (Whitehall Jewellers Inc)
CERTAIN NEGATIVE COVENANTS OF THE BORROWER. The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit, amount of Consigned Precious Metal or Note is outstanding or any Bank has any obligation to make any Loans or Purchases and Consignments or the Dollar Agent has any obligation to issue, extend or renew any Letters of Credit:
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Gold Consignment Agreement (Marks Bros Jewelers Inc)