Common use of Compliance Period Clause in Contracts

Compliance Period. The covenant set forth in subsection (a) above shall have no further force or effect, and the Borrower shall no longer be required to comply therewith, at any time after the Maturity Date, unless at any such time any Loan or any other amount payable hereunder or under any Note shall remain unpaid or any Letter of Credit shall remain outstanding.

Appears in 6 contracts

Samples: Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.)

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Compliance Period. The covenant covenants set forth in subsection subsections (a) and (b) above shall have no further force or effect, and the Borrower shall no longer be required to comply therewith, at any time after the Final Maturity Date, unless at any such time any Loan or any other amount payable hereunder or under any Promissory Note shall remain unpaid or any Letter of Credit shall remain outstanding.

Appears in 2 contracts

Samples: Credit Agreement (Sierra Pacific Resources /Nv/), Credit Agreement (Sierra Pacific Resources /Nv/)

Compliance Period. The covenant covenants set forth in subsection subsections (a) and (b) above shall have no further force or effect, and the Borrower shall no longer be required to comply therewith, at any time after the Maturity DateOctober 8, 2007, unless at any such time any Loan or any other amount payable hereunder or under any Promissory Note shall remain unpaid or any Letter of Credit shall remain outstanding.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Resources /Nv/)

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Compliance Period. The covenant covenants set forth in subsection subsections (a) and (b) above shall have no further force or effect, and the Borrower shall no longer be required to comply therewith, at any time after the Maturity DateOctober 22, 2007, unless at any such time any Loan or any other amount payable hereunder or under any Promissory Note shall remain unpaid or any Letter of Credit shall remain outstanding.

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Resources /Nv/)

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