COVENANTS OF BANK a) For each purchase or redemption transaction under this Agreement (each, a "Transaction"), Bank will:
COVENANTS OF BANK. (a) For each purchase, redemption or exchange transaction under this Agreement (each, a “Transaction”), Bank will:
COVENANTS OF BANK. Bank hereby covenants and agrees as follows:
COVENANTS OF BANK. For each Transaction under this Agreement, Bank will:
COVENANTS OF BANK. Bank hereby covenants that:
COVENANTS OF BANK. Bank covenants and agrees with Program Manager as follows:
COVENANTS OF BANK. Bank covenants and agrees with Client as follows:
COVENANTS OF BANK. Except as provided in this Agreement, during the term of this Agreement, (i) Bank shall take no action (or fail to take any action) which would serve to allow for the creation of a lien, pledge, security interest or other encumbrance on any of the Credit Card Receivables or Accounts, (ii) Bank shall take no action (or fail to take any action) that could result in Bank no longer being the lawful owner of the Accounts and Credit Card Receivables, (iii) Bank shall take no action (or fail to take any action) that could prevent Bank from having the absolute right and authority to sell the Accounts and Credit Card Receivables.
COVENANTS OF BANK. Bank covenants to do the following during the term of this Agreement:
COVENANTS OF BANK. Section 5.1 Pre-Closing Activities. From and after the date of this ---------------------- Agreement until the earlier of the Closing for each Asian Business or until this Agreement shall terminate pursuant to Article XI, except as otherwise agreed in writing, Bank will use reasonable commercial efforts (a) to conduct such Asian Businesses in the ordinary course and in a manner consistent with past practices, except as may otherwise be permitted hereby, or (b) as necessary or appropriate to consummate the transactions contemplated hereby.
