Covenants of the Borrower and the Guarantors Sample Clauses

Covenants of the Borrower and the Guarantors. Each of the Borrower and the Guarantors agrees that, so long as any Bank Senior Lender has any Commitment under this Agreement or any amount payable under this Agreement remains unpaid, it shall observe and perform each of the covenants applicable to it set forth in Article IV of the Common Security Agreement, which covenants and agreements are incorporated by reference in this Agreement as if fully set forth herein, in accordance with their terms.
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Covenants of the Borrower and the Guarantors. Each Credit Party agrees that, so long as any of the Commitments are in effect and until payment in full of all Obligations:
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Covenants of the Borrower and the Guarantors. 5.1 Covenants of the Borrower. Until such time as the Acquisition ----------------------------- shall have been consummated in accordance with its terms, each Borrower and Guarantor covenants with the Lenders as follows:
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Covenants of the Borrower and the Guarantors. The Borrower and, as applicable, the Guarantors, each agree to comply with the following covenants at all times during the Extension Period and upon and subsequent to the occurrence of any Trigger Event:
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Covenants of the Borrower and the Guarantors. The Borrower and the Guarantors hereby covenant to the Lender that prior to the repayment of principal of the Loan hereunder and accrued interest in full:
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Covenants of the Borrower and the Guarantors. Each of the Borrower and the Guarantors agrees that, so long as any Working Capital Lender has any Commitment under this Agreement or any amount payable under this Agreement remains unpaid, it shall observe and perform each of the covenants applicable to it set forth in Article IV of the Common Security Agreement, which covenants and agreements are incorporated by reference in this Agreement as if fully set forth herein, in accordance with their terms.
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Covenants of the Borrower and the Guarantors. As an inducement to the Banks and the Agents to enter into this Amendment, each of the Borrower and the Guarantors hereby covenants and agrees that they shall, on or before November 30, 1998, (i) deliver to the Agents appraisals of each of the Vessels listed on Annex B hereto, (ii) take all such steps and execute all such documents as the Agents shall request in order to grant to the Documentation Agent, for the benefit of the Banks and the Agents, a perfected first-priority mortgage on each of the Vessels listed on Annex B hereto such that the Documentation Agent shall have a perfected, first-priority mortgage on Vessels with a fair market value (as determined pursuant to appraisals as shall be in form and substance satisfactory to the Agents) of not less than $600,000,000, and (iii) to the extent not already delivered pursuant to Section 4(viii) above, deliver to the Agents one or more legal opinions from counsel to the Agents or the Borrower and the Guarantors covering the transactions contemplated by this Amendment, including, with respect to the perfection of the Documentation Agent's security interest in the additional Collateral to be granted pursuant to Section 4 and this Section 5. In addition, the Borrower covenants and agrees that it shall comply with the provisions of the Letter Agreement. In addition, the Borrower agrees that it shall, on or before November 30, 1998, deliver all of the documents and instruments set forth on Annex D hereto (the Banks hereby agreeing that this Amendment shall be effective as of the date hereof pursuant to Section 4 hereof notwithstanding that such items have not been delivered by November 13, 1998). The Borrower and the Guarantors agree that the failure to perform or observe the covenants set forth in this Section 5 shall constitute a Default and an Event of Default under the Credit Agreement.
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Covenants of the Borrower and the Guarantors. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, each of USANi and the Borrower covenants and agrees with the Lenders that:
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Covenants of the Borrower and the Guarantors 
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Related to Covenants of the Borrower and the Guarantors

  • Covenants of the Company and the Guarantors The Company and the Guarantors covenant with each Initial Purchaser as follows:

  • Covenants of the Company and the Guarantor The Company and the Guarantor covenant with the Representative(s) and with each Underwriter participating in the offering of Underwritten Securities, as follows:

  • Agreements of the Company and the Guarantors The Company and the Guarantors, jointly and severally, agree with each of the Initial Purchasers as follows:

  • Further Agreements of the Company and the Guarantors The Company and each of the Guarantors jointly and severally covenant and agree with each Initial Purchaser that:

  • Covenants of the Guarantor The Guarantor covenants and agrees through the Termination Date, that:

  • COVENANTS OF PARENT AND THE COMPANY The parties hereto agree that:

  • Representations and Warranties of the Company and the Guarantors The Company and the Guarantors jointly and severally represent and warrant to each Initial Purchaser that:

  • RECITALS OF THE COMPANY AND THE SUBSIDIARY GUARANTORS The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured debentures, notes or other evidences of indebtedness (herein called the “Securities”), to be issued in one or more series as in this Indenture provided. The Company and the Subsidiary Guarantors are members of the same consolidated group of companies. The Subsidiary Guarantors will derive direct and indirect economic benefit from the issuance of the Securities. Accordingly, each Subsidiary Guarantor has duly authorized the execution and delivery of this Indenture to provide for its full, unconditional and joint and several guarantee of the Securities to the extent provided in or pursuant this Indenture. All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

  • Covenants of the Borrowers SECTION 5.01.

  • Indemnification of the Company and the Guarantors Each Initial Purchaser agrees, severally and not jointly, to indemnify and hold harmless the Company, each of the Guarantors, each of their respective directors and officers and each person, if any, who controls the Company or any of the Guarantors within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above, but only with respect to any losses, claims, damages or liabilities that arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with any information relating to such Initial Purchaser furnished to the Company in writing by such Initial Purchaser through the Representative expressly for use in the Preliminary Offering Memorandum, any of the other Time of Sale Information, any Issuer Written Communication or the Offering Memorandum (or any amendment or supplement thereto), it being understood and agreed upon that the only such information furnished by any Initial Purchaser consists of the following information in the Preliminary Offering Memorandum and the Offering Memorandum: the information contained in the first and second sentences of the thirteenth paragraph and in the fifteenth paragraph, in each case under the caption “Plan of Distribution.”

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