Covenants in Credit Agreement. In the case of each Grantor other than the Borrower, such Grantor 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 Grantor or any of its Subsidiaries.
Appears in 2 contracts
Samples: Credit Agreement (Bear Island Finance Co Ii), Credit Agreement (Bear Island Finance Co Ii)
Covenants in Credit Agreement. In the case of each Grantor other than the BorrowerSubsidiary Grantor, such Grantor 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 Grantor or any of its Subsidiaries.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Mips Technologies Inc), Security Agreement (Mips Technologies Inc)
Covenants in Credit Agreement. In the case of each Grantor other than the BorrowerGrantor, such Grantor 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 Grantor or any of its the Restricted Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Doane Pet Care Co)
Covenants in Credit Agreement. In the case of each Grantor other than the BorrowerGrantor, such Grantor 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 Grantor or any of its Subsidiariesthe Credit Parties.
Appears in 1 contract
Covenants in Credit Agreement. In the case of each Grantor other than the BorrowerGrantor, such Grantor 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 Grantor or any of its Subsidiaries.
Appears in 1 contract
Covenants in Credit Agreement. In the case of each Grantor other than the BorrowerGrantor, such Grantor 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, to permit the Borrower to remain in compliance with its covenants under the Credit Agreement and so that no Default material representation or Event of Default is caused warranty by any Borrower Group Company in the failure to take such action or to refrain from taking such action by such Grantor Credit Agreement or any of its Subsidiaries.other Loan Document is incorrect when made. 5.08
Appears in 1 contract