Common use of Covenants with respect to WRECO Clause in Contracts

Covenants with respect to WRECO. WRECO covenants and agrees with each Lender, each Fronting Bank and the Administrative Agent that, so long as this Agreement shall remain in effect or the principal of or interest on any Loan, any Fees or any other expenses or amounts payable under any Loan Document shall be unpaid, or any Letter of Credit shall remain outstanding (which has not been collateralized (with cash or a back-to-back letter of credit issued by a satisfactory financial institution) in a manner satisfactory to the applicable Fronting Banks and the Administrative Agent) or any amounts drawn thereunder shall remain unpaid, unless the Required Lenders shall otherwise consent in writing, it will not, either directly or indirectly:

Covenants with respect to WRECO. WRECO covenants and agrees with each Lender, each Fronting Bank and the Administrative Agent that, so long as this Agreement shall remain in effect or the principal of or interest on any Loan, any Fees or any other expenses or amounts then due and payable under any Loan Document shall be unpaid, or any Letter of Credit shall remain outstanding (which has not been collateralized (with cash or a back-to-back letter of credit issued by a satisfactory financial institution) in a manner satisfactory to the applicable Fronting Banks and the Administrative Agent) or any amounts drawn thereunder shall remain unpaid, unless the Required Lenders shall otherwise consent in writing, it will not, either directly or indirectly: