Covenant Restrictions. No Recourse Indebtedness of the Borrower or Guarantor shall contain any covenant or restriction which is more restrictive than any covenant or restriction contained in this Agreement or any other Loan Documents. Without limiting the rights and remedies of the Lenders with respect to any breach of the foregoing covenant, any such more restrictive covenant or restriction shall be deemed incorporated herein, mutatis mutandis, and applicable to the Facility.
Covenant Restrictions. This Unit is a [Check applicable Unit type below]:
Covenant Restrictions. No Debt of Borrower or any Consolidated Subsidiary incurred after the date hereof shall contain any covenant or restriction which is more restrictive than any covenant or restriction contained in this Agreement or any other Loan Documents.
Covenant Restrictions. The Borrowers hereby agree that, notwithstanding anything to the contrary set forth in Section 9.1 of the Credit Agreement or the Second Amendment, so long as any Participated Advances shall remain outstanding, neither the Borrowers nor any Restricted Subsidiary shall create, incur, suffer or permit to exist, or assume or guarantee, directly or indirectly, Indebtedness permitted pursuant to Section 9.1(f) of the Credit Agreement, except the following: (A) Capitalized Lease Obligations and Indebtedness to purchase tangible assets (which Indebtedness may be secured by the assets so purchased) in an aggregate amount not to exceed $15,000,000, and (B) other unsecured Indebtedness in an amount not to exceed $15,000,000.
Covenant Restrictions. (a) Inadvertent Assertion. The covenant set forth in Section 3.2 will not be deemed breached if HONEYWELL asserts a claim or sues without actual knowledge that the products that are the subject of such assertion are LICENSED PRODUCTS and are subject to this AGREEMENT, provided that HONEYWELL promptly retracts its assertion and/or dismisses any claim in any such lawsuit to the extent that LICENSEE reasonably demonstrates by written documentation that the covenant applies to such claim.
Covenant Restrictions. The Parent Guarantor will not enter into, after --------------------- the date of this Agreement, any indenture, agreement, instrument or other arrangement that, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon the Borrower or any of its Subsidiaries with respect to (i) the incurrence or payment of Indebtedness, (ii) the granting of Liens, (iii) the declaration or payment of dividends, (iv) the making of loans, advances or Investments or (v) the sale, assignment, transfer or other disposition of Property, provided that -------- the foregoing shall not apply to (x) any indenture, agreement or other instrument entered into in connection with the issuance of the Senior Notes (subject to such indenture, agreement or other instrument being satisfactory in form and substance to the Majority Lenders) and (y) any other indenture, agreement or other instrument containing covenants not more restrictive in any instance than those applicable to the Senior Notes.
Covenant Restrictions. Mediacom will not enter into, after the --------------------- date of this Agreement, any indenture, agreement, instrument or other arrangement that, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon the Borrowers or any of their Subsidiaries with respect to (i) the incurrence or payment of Indebtedness, (ii) the granting of Liens, (iii) the declaration or payment of dividends, (iv) the making of loans, advances or Investments or (v) the sale, assignment, transfer or other disposition of Property.
Covenant Restrictions. (i) The Borrowers hereby agree that, during the Prepayment Period, notwithstanding the provisions of Section 9.1 of the Credit Agreement, neither the Borrowers nor any Restricted Subsidiary shall create, incur, suffer or permit to exist, or assume or guarantee, directly or indirectly, Indebtedness permitted pursuant to Section 9.1(f) of the Credit Agreement, except the following: (A) Capitalized Lease Obligations and Indebtedness to purchase tangible assets (which Indebtedness may be secured by the assets so purchased) in an aggregate amount not to exceed $15,000,000, and (B) other unsecured Indebtedness in an amount not to exceed $15,000,000.
(ii) The Borrowers hereby agree that, during the Prepayment Period, notwithstanding the provisions of Section 9.3 of the Credit Agreement, neither the Borrowers nor any Restricted Subsidiary shall make or commit to make, directly or indirectly, Investments permitted pursuant to Section 9.3(h) of the Credit Agreement, except in connection with the Real Estate Transaction.
(iii) The Borrowers hereby agree that, during the Prepayment Period, notwithstanding the provisions of Section 9.4 of the Credit Agreement, neither the Borrowers nor any Restricted Subsidiary shall make or commit to make, directly or indirectly, any Permitted Acquisitions.
(iv) The Borrowers hereby agree that, during the Prepayment Period, notwithstanding the provisions of Section 9.6 of the Credit Agreement, neither the Borrowers nor any Restricted Subsidiary shall make or commit to make, directly or indirectly, any Distribution or any other payment on account of the purchase, acquisition, redemption or other retirement of any shares of stock, except in connection with the Securities Issuance.
(v) The Borrowers hereby agree that, during the Prepayment Period, notwithstanding the provisions of Section 9.8 of the Credit Agreement, neither the Borrowers nor any Restricted Subsidiary shall make or commit to make, directly or indirectly, any Permitted Disposition, except the following: (A) American Skiing's transfer of ownership in Community Water Company to Summit Water Company and (B) sales or dispositions for fair market value in aggregate amount not in excess of $1,000,000; provided, however, that individual sales or dispositions (or a series of individual sales or dispositions) in excess of $100,000 shall require the consent of the Agent.
Covenant Restrictions. 77 SECTION 5.20. Use of Proceeds.........................................78 SECTION 5.21. Sole General Partner....................................78 ARTICLE VI
Covenant Restrictions. No Indebtedness of the Company, the Borrower or any Consolidated Subsidiary incurred after the date hereof shall 77 81 contain any covenant or restriction which is more restrictive in any material respect than any covenant or restriction contained in this Agreement or any other Loan Documents.
