Common use of COVENANTS BY THE ISSUER Clause in Contracts

COVENANTS BY THE ISSUER. The Issuer hereby covenants with and undertakes: (i) to the Note Trustee, for itself and on trust for the Noteholders, that it will duly and punctually pay or discharge to or to the order of the Note Trustee and/or any Receiver all monies and liabilities whatsoever which from time to time become due, owing or payable by it to or to the order of the Note Trustee, such Receiver and/or the Noteholders under or pursuant to the Issuer Related Documents (as defined in Note Condition 4) or any of them at the times and in the manner provided in such documents; (ii) to the Swap Counterparty, that it will duly and punctually pay or discharge to or to the order of the Swap Counterparty all monies and liabilities whatsoever which from time to time become due, owing or payable by it to or to the order of the Swap Counterparty under or pursuant to the Swap Agreements at the times and in the manner provided therein; and (iii) to the Expenses Loan Provider, that it will duly and punctually pay or discharge to or to the order of the Expenses Loan Provider all monies and liabilities whatsoever which from time to time become due, owing or payable by it to or to the order of the Expenses Loan Provider under or pursuant to the Expenses Loan Agreement at the times and in the manner provided therein.

COVENANTS BY THE ISSUER. The Issuer hereby covenants with and undertakes: (i) to the Note Trustee, for itself and on trust for the Noteholders, that it will duly and punctually pay or discharge to or to the order of the Note Trustee and/or any Receiver all monies moneys and liabilities whatsoever which from time to time become due, owing or payable by it to or to the order of the Note Trustee, such Receiver and/or the Noteholders under or pursuant to the Issuer Related Documents (as defined in Note Condition 4[___]) or any of them at the times and in the manner provided in such documents; (ii) to the Swap Counterparty, that it will duly and punctually pay or discharge to or to the order of the Swap Counterparty all monies moneys and liabilities whatsoever which from time to time become due, owing or payable by it to or to the order of the Swap Counterparty under or pursuant to the Swap Agreements at the times and in the manner provided therein; and (iii) to the Expenses Loan Provider, that it will duly and punctually pay or discharge to or to the order of the Expenses Loan Provider all monies moneys and liabilities whatsoever which from time to time become due, owing or payable by it to or to the order of the Expenses Loan Provider under or pursuant to the Expenses Loan Agreement Provider at the times and in the manner provided therein.