Exceptions to Covenants. Neither Company nor any of its Subsidiaries shall be deemed to be permitted to take any action or to fail to take any action that is permitted as an exception to any covenant in any Loan Papers, or that is within the permissible limits of any covenant, if such action or omission would result in a violation of any other covenant in any Loan Papers.
Appears in 6 contracts
Samples: Credit Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America), Guaranty Agreement (Franchise Finance Corp of America)
Exceptions to Covenants. Neither the Company nor any of its Subsidiaries Subsidiary shall be deemed to be permitted to take any action or to fail to take any action that which is permitted as an exception to any covenant in any Loan Papers, of the covenants contained herein or that which is within the permissible limits of any covenant, of the covenants contained herein if such action or omission would result in a violation the breach of any other covenant in any Loan Paperscontained herein.
Appears in 5 contracts
Samples: Credit Agreement (COMMERCIAL METALS Co), Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co)
Exceptions to Covenants. Neither the Company nor any of its Subsidiaries shall be deemed to be permitted to take any action or to fail to take any action that is permitted as an exception to any covenant in any Loan Papers, or that is within the permissible limits of any covenant, if such action or omission would result in a violation of any other covenant in any Loan Papers.
Appears in 3 contracts
Samples: Credit Agreement (Petsmart Inc), Credit Agreement (Petsmart Inc), Credit Agreement (Petsmart Inc)
Exceptions to Covenants. Neither No Company nor any of its Subsidiaries Subsidiary shall be deemed to be permitted to take any action or to fail to take any action that is permitted as an exception to any covenant in any Loan Papers, or that is within the permissible limits of any covenant, if such action or omission would result in a violation of any other covenant in any Loan Papers.
Appears in 1 contract
Exceptions to Covenants. Neither Company nor any of its Subsidiaries shall be deemed to be permitted to take any action or to fail to take any action that is permitted as an exception to any covenant in any Loan Papers, or that is within the permissible limits of any -72- covenant, if such action or omission would result in a violation of any other covenant in any Loan Papers.
Appears in 1 contract
Samples: Credit Agreement (Franchise Finance Corp of America)
