Exception to Covenants. No Obligor shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.
Appears in 8 contracts
Samples: Pledge and Security Agreement (Hallmark Financial Services Inc), Credit Agreement (Gainsco Inc), Loan Agreement (Craftmade International Inc)