Credit Agreement Affirmative Covenants Sample Clauses

Credit Agreement Affirmative Covenants. Guarantor shall comply with all affirmative covenants set forth in Article VII of the Credit Agreement which covenants as amended from time to time are incorporated herein by reference as if fully set forth. The foregoing covenants as incorporated herein shall survive the termination of the Credit Agreement.
Sample 1
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Credit Agreement Affirmative Covenants. Comply with the Company’s covenants set forth in Article VI of the Credit Agreement.
Sample 1
Credit Agreement Affirmative Covenants. Until the Redeemable Preferred Shares Redemption Date and unless compliance shall be waived by a Majority In Interest or Supermajority in Interest, as applicable, of the Redeemable Preferred Shares, the Common Member shall cause the Company to, and the Company shall for the benefit of the Redeemable Preferred Members, observe and perform each of the affirmative covenants of the Company contained Article 5 of the Credit Agreement (in the form of such covenants exist as of the Effective Time and as they may hereafter be amended from time to time, but only to the extent such incorporation of any such amendments into this Agreement has been consented to by the Company and a Majority In Interest or Supermajority In Interest of the Redeemable Preferred Members, as applicable), each of which is hereby (i) incorporated and made applicable by reference as if set forth in its entirety in this Agreement (together with the applicable cure periods, standards of materiality, notification requirements, and consent and approval rights, if applicable), and (ii) deemed to be modified as incorporated herein to refer to the Redeemable Preferred Members rather than to the Administrative Agent, Collateral Agent, Lenders, the Supermajority Lenders or the Majority Lenders, as the case may be. Any affirmative covenant contained in Article 5 of the Credit Agreement (i) which requires the delivery of notice or other information to the Administrative Agent or the Collateral Agent, shall, for purposes of this Section 6.4(a), be deemed to require delivery of such notice or other information to the Redeemable Preferred Members, (ii) which references the approval or consent of the Supermajority Lenders, shall, for purposes of this Section 6.4(a), be deemed to require the approval or consent of a Supermajority In Interest of the Redeemable Preferred Members, and (iii) which references the approval or consent of the Majority Lenders, shall, for purposes of this Section 6.4(a), be deemed to require the approval or consent of a Majority In Interest of the Redeemable Preferred Members. Notwithstanding anything to the contrary contained herein, prior to the Credit Agreement Termination Date only the Administrative Agent (and not the Redeemable Preferred Members) shall be permitted to approve the form of the reports and other deliverables required under Sections 5.5, 5.14 and 5.15 of the Credit Agreement.
Sample 1

Related to Credit Agreement Affirmative Covenants

  • AFFIRMATIVE COVENANTS So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02, and 6.03) cause each Subsidiary to:

  • CERTAIN AFFIRMATIVE COVENANTS The Company or, to the extent required hereunder, any Subsidiary should fail to perform or comply with Sections 9(A) through 9(H)(ii), 9(H)(vi) through 9(H)(viii) or any reporting covenant set forth in any Supplement hereto, and such failure continues for 15 days after written notice thereof shall have been delivered by Agent to the Company.

  • BORROWER'S AFFIRMATIVE COVENANTS Each Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, such Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 6.

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

  • Additional Affirmative Covenants All affirmative covenants made by the Borrowers or Guarantors or any of them in the Credit Agreement are incorporated herein by reference and are hereby also made by Trustor as to itself and the Trust Property as though such covenants were set forth at length herein as the covenants of Trustor.

  • AFFIRMATIVE COVENANTS OF THE BORROWERS Until such time as all amounts of principal and interest due to the Bank by a Borrower pursuant to any Loan made to such Borrower is irrevocably paid in full, and until the Bank is no longer obligated to make Loans to such Borrower, such Borrower (for itself and on behalf of its respective Funds) agrees: (a) To deliver to the Bank as soon as possible and in any event within ninety (90) days after the end of each fiscal year of such Borrower and the applicable Funds, Statements of Assets and Liabilities, Statements of Operations and Statements of Changes in Net Assets of each applicable Fund for such fiscal year, as set forth in each applicable Fund's Annual Report to shareholders together with a calculation of the maximum amount which each applicable Fund could borrow under its Borrowing Limit as of the end of such fiscal year; (b) To deliver to the Bank as soon as available and in any event within seventy-five (75) days after the end of each semiannual period of such Borrower and the applicable Funds, Statements of Assets and Liabilities, Statements of Operations and Statements of Changes in Net Assets of each applicable Fund as of the end of such semiannual period, as set forth in each applicable Fund's Semiannual Report to shareholders, together with a calculation of the maximum amount which each applicable Fund could borrow under its Borrowing Limit at the end of such semiannual period; (c) To deliver to the Bank prompt notice of the occurrence of any event or condition which constitutes, or is likely to result in, a change in such Borrower or any applicable Fund which could reasonably be expected to materially adversely affect the ability of any applicable Fund to promptly repay outstanding Loans made for its benefit or the ability of such Borrower to perform its obligations under this Agreement or the Note; (d) To do, or cause to be done, all things necessary to preserve and keep in full force and effect the corporate or trust existence of such Borrower and all permits, rights and privileges necessary for the conduct of its businesses and to comply in all material respects with all applicable laws, regulations and orders, including without limitation, all rules and regulations promulgated by the SEC; (e) To promptly notify the Bank of any litigation, threatened legal proceeding or investigation by a governmental authority which could materially affect the ability of such Borrower or the applicable Funds to promptly repay the outstanding Loans or otherwise perform their obligations hereunder; (f) In the event a Loan for the benefit of a particular Fund is not repaid in full within 10 days after the date it is borrowed, and until such Loan is repaid in full, to deliver to the Bank, within two business days after each Friday occurring after such 10th day, a statement setting forth the total assets of such Fund as of the close of business on each such Friday; and (g) Upon the request of the Bank, which may be made by the Bank from time to time in the event the Bank in good faith believes that there has been a material adverse change in the capital markets generally, to deliver to the Bank, within two business days after such request, a statement setting forth the total assets of each Fund for whose benefit a Loan is outstanding on the date of such request.

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • BORROWER'S NEGATIVE COVENANTS Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Covenants in Credit Agreement In the case of each Guarantor, such Guarantor shall take, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Guarantor or any of its Subsidiaries.

  • AFFIRMATIVE COVENANTS OF BORROWER Borrower agrees that so long as it is indebted to Bank, under borrowings, or other indebtedness, or so long as Bank has any obligation to extend credit to Borrower it will, unless Bank shall otherwise consent in writing:

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