Covenants of NAS Sample Clauses

Covenants of NAS. NAS hereby covenants and agrees with SBCT as follows:
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Covenants of NAS. NAS hereby covenants and agrees with SBC as follows:
Sample 1
Covenants of NAS. NAS shall use the proceeds of each Loan solely to discharge any payment obligations with respect to a particular Collocation Arrangement it may have to an ILEC that arose prior to the closing on the assignment under any Collocation Agreement assigned to SBC Telecom in accordance with the terms and conditions of this Agreement and the applicable Assignment and Transfer Agreement, which obligations shall include, but are not limited to, any construction or installation fees or charges or costs associated with any assignment or transfer to SBC. Until all of NAS's obligations under the Note are discharged in full, NAS shall not incur any indebtedness senior in right of payment to the Loans, except purchase money equipment financing in the normal course of business consistent with NAS's past practice.
Sample 1

Related to Covenants of NAS

  • COVENANTS OF THE STOCKHOLDER Section 1.01.

  • Covenants of Company In the event that any litigation with claims in excess of $1,000,000 to which the Company is a party which shall be reasonably likely to result in a material judgment against the Company that the Company will not be able to satisfy shall be commenced by an Owner, during the period beginning nine months following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Company, such judgment has been satisfied), the Company shall not make any distribution on or in respect of its membership interests to any of its members, or repay the principal amount of any indebtedness of the Company held by CFC, unless (i) after giving effect to such distribution or repayment, the Company's liquid assets shall not be less than the amount of actual damages claimed in such litigation or (ii) the Rating Agency Condition shall have been satisfied with respect to any such distribution or repayment. The Company will not at any time institute against the Trust any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Certificates, the Notes, this Agreement or any of the Basic Documents.

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • Covenants of Party B Party B hereby covenants as follows:

  • Covenants of the Bank The Bank covenants and agrees with the Underwriters that:

  • Covenants of the Holder The Holder hereby agrees and covenants that:

  • COVENANTS OF DEBTOR Debtor hereby covenants and agrees as follows:

  • Covenants of Party A (a) Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

  • Covenants of the Company The Company covenants with each Underwriter as follows:

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