Common use of Covenants in Credit Agreement Clause in Contracts

Covenants in Credit Agreement. Such Debtor shall take, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Debtor or any of its Subsidiaries.

Appears in 8 contracts

Samples: Security Agreement (Basic Energy Services Inc), Security Agreement (Basic Energy Services Inc), Security Agreement (Basic Energy Services Inc)

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Covenants in Credit Agreement. Such Debtor shall takeTake, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Debtor Guarantor or any of its Subsidiaries.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (United Components Inc)

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