Covenants of Maker. For so long as any Obligations remain outstanding:
Covenants of Maker. Until such time as all of Maker’s obligations under this Note and Pledge have been paid in full, 4Front covenants and agrees that it will not:
Covenants of Maker. At all times prior to the Maturity Date and so long as any amount remains outstanding under this Note:
Covenants of Maker. (a) Maker commits to engage in immediate discussions with potential CCS joint venture partners following the closing of the Asset Purchase Agreement. Maker also agrees to provide Payee with regular updates in writing (on a quarterly basis at a minimum) on the status and timing of its discussions with potential JV partners.
Covenants of Maker. Until payment in full of the Note, Maker hereby covenants and agrees as follows:
Covenants of Maker. Maker covenants and agrees that, so long as this Note shall be outstanding it will:
Covenants of Maker. For so long as any Obligations remain outstanding: Maker shall not sell, assign or transfer any of the Collateral, or any part thereof or interest therein; Maker shall pay or cause to be paid promptly when due all taxes and assessments on the Collateral; and Maker shall keep Holder apprised, in writing, as to the current location of all of the Collateral, providing Holder with current information including any identifying serial numbers with respect to the Collateral so the Holder may perfect and maintain the priority of its security interest therein.
Covenants of Maker. Maker shall provide Payee copies of (i) Maker's unaudited monthly consolidated balance sheet and profit and loss and cash flow statements; provided that Maker will not be obligated to provide such balance sheets or statements for the month of January; (ii) each notice from the Agent of any event of default or acceleration under the Senior Lending Agreements (as defined in the Subordination Agreement) and (iii) all amendments, modifications, supplements, extensions and restatements of or to the Senior Lending Agreements (as defined in the Subordination Agreement) promptly upon execution thereof.
Covenants of Maker. For so long as any Obligations remain outstanding, Maker shall not sell, assign or transfer any of the Collateral, or any part thereof or interest therein. Further, Maker shall payor cause to be paid promptly when due all taxes and assessments on the Collateral.
Covenants of Maker. The Maker hereof agrees that for so long as this Note, or any portion thereof, is outstanding, the Maker will: i. Maintain and preserve its corporate existence and all rights, franchises, and other authority adequate for the conduct of its business; maintain its properties, equipment, facilities and intellectual property in good status, order and repair; and conduct its business in an orderly manner without voluntary interruption. ii. Maintain adequate insurance including public liability, property damage, fire and other hazards in respect to the property and business of Maker, with responsible insurance carriers. iii. Pay and discharge, before becoming delinquent, all taxes, assessments, and governmental charges upon or against the Maker of its properties, and all its other material liabilities as they become due, except to the extent and so long as any of such taxes, assessments, charges, or other liabilities are being contested by Maker in good faith. v. Promptly notify Noteholder in writing of any event of default hereunder. vi. Maker will not make any substantial change in the character of its business. vii. Maker shall not make any loans or advances to any person or entity other than in the ordinary course of its business, nor shall the Maker guarantee the obligations of any other party unless it is a subsidiary of Maker, nor shall the Maker incur or assume any material mortgage, pledge, encumbrance or lien against the property of Maker unless for a valid business purpose. viii. Maker shall not liquidate, dissolve, merge, consolidate, or enter into a material business combination with another entity unless in the normal and ordinary course of business; nor shall Maker sell, lease, assign or transfer any substantial part of its business or fixed assets or material intellectual property; provided, however, that Maker shall have the authority to complete the acquisition of assets from Norton Motorcycles Limited.
