Compliance with Documents; Incorporation of Covenants Sample Clauses

Compliance with Documents; Incorporation of Covenants. (i) The District will perform and comply with each and every obligation, covenant and agreement required to be performed or observed by it in or pursuant to this Agreement and each other Related Document to which it is a party, which provisions, as well as related defined terms contained therein, are hereby incorporated by reference herein with the same effect as if each and every such provision were set forth herein in its entirety and all of which shall be deemed to be made for the benefit of the Bank and shall be enforceable by the Bank against the District. No termination of or amendment to such covenants and agreements or defined terms or release of the District with respect thereto made pursuant to the Related Documents shall be effective to terminate or amend such covenants and agreements and defined terms or release of the District with respect thereto as incorporated by reference herein without the prior written consent of the Bank. Notwithstanding any termination or expiration of any Related Document, the District shall continue to observe the covenants therein contained for the benefit of the Bank until the termination of this Agreement. All such incorporated covenants shall be in addition to the express covenants contained herein and shall not limit or be limited by the express covenants contained herein. (ii) In addition to the provisions of clause (k)(i) above, the District agrees that the covenants of the District set forth in any other document related to the Senior Obligations (including the Prior Indenture and the Series 2007 Indenture) existing as of the Closing Date or that shall be entered into and created subsequent to the Closing Date (the documents related to such Senior Obligations being referred to herein as “Other Debt Documents,” which Other Debt Documents shall include, without limitation, the Related Documents, the Prior Indenture, the Series 2007 Indenture, any supplemental indenture, and any bond insurance agreement, line of credit or reimbursement agreement, liquidity facility, interest rate hedge agreement and surety bond relating to such Senior Obligations), together with the related definitions of terms contained therein, are hereby incorporated by reference in this Agreement for the benefit of the Bank; provided, however, that clause (k)(i) above and this clause (k)(ii) are not intended to provide, and do not provide, the Bank with a security interest in, any benefit to, or any other rights in, any debt service reserve ...
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Related to Compliance with Documents; Incorporation of Covenants

  • Compliance with Agreements, Laws, Etc It shall (i) duly observe and comply in all material respects with all Applicable Laws relative to the conduct of its business or to its assets, (ii) preserve and keep in full force and effect its legal existence, (iii) preserve and keep in full force and effect its rights, privileges, qualifications and franchises, except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect, (iv) comply with the terms and conditions of each Facility Document to which it is a party and its Constituent Documents and (v) obtain, maintain and keep in full force and effect all Governmental Authorizations, Private Authorizations and Governmental Filings which are necessary to properly carry out its business and the transactions contemplated to be performed by it under the Facility Documents to which it is a party and its Constituent Documents, except, in the case of this clause (v), where the failure to do so would not reasonably be expected to have a Material Adverse Effect.

  • Compliance with Agreements Promptly and fully comply with all Contractual Obligations to which any one or more of them is a party, except for any such Contractual Obligations (a) the nonperformance of which would not cause a Default or Event of Default, (b) then being contested by any of them in good faith by appropriate proceedings, or (c) if the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

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