Common use of Covenants Independent Clause in Contracts

Covenants Independent. The Borrowers expressly acknowledge and agree that each covenant contained in Article VIII, Article IX or Article X hereof shall be given independent effect. Accordingly, the Borrowers shall not engage in any transaction or other act otherwise permitted under any covenant contained in Article VIII, Article IX or Article X hereof if, before or after giving effect to such transaction or act, the Borrowers shall or would be in breach of any other covenant contained in Article VIII, Article IX or Article X hereof.

Covenants Independent. The Borrowers Each Borrower expressly acknowledge acknowledges and agree agrees that each covenant contained in Article VIIIArticles IX, Article IX X or Article X XI hereof shall be given independent effect. Accordingly, the Borrowers shall not engage in any transaction or other act otherwise permitted under any covenant contained in Article VIIIArticles IX, Article IX X or Article X XI hereof if, before or after giving effect to such transaction or act, the Borrowers any Borrower shall or would be in breach of any other covenant contained in Article VIIIArticles IX, Article IX X or Article X XI hereof.

Covenants Independent. The Borrowers expressly acknowledge and agree that each covenant contained in Article Articles VIII, Article IX IX, or Article X hereof shall be given independent effect. Accordingly, the Borrowers shall not engage in any transaction or other act otherwise permitted under any covenant contained in Article Articles VIII, Article IX IX, or Article X hereof if, before or after giving effect to such transaction or act, the Borrowers shall or would be in breach of any other covenant contained in Article Articles VIII, Article IX IX, or Article X hereof.X.

Covenants Independent. The Borrowers expressly acknowledge and agree that each covenant contained in Article VIIIArticles VII, Article IX VIII or Article X IX, hereof shall be given independent effect. Accordingly, the Borrowers shall not engage in any transaction or other act otherwise permitted under any covenant contained in Article VIIIArticles VII, Article VIII or IX or Article X hereof if, before or after giving effect to such transaction or act, the Borrowers shall or would be in breach of any other covenant contained in Article VIIIArticles VII, Article IX VIII or Article X hereofIX.