Exceptions to Covenants. No Loan Party shall take any action or fail to take any action which is permitted as an exception to any of the covenants contained in any Loan Document if such action or omission would result in the breach of any other covenant contained in any of the Loan Documents.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Northern Border Partners Lp), Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Northern Border Partners Lp)
Exceptions to Covenants. No Loan Party 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 in herein or which is within the permissible limits of any Loan Document of the covenants contained herein if such action or omission would result in the breach of any other covenant contained in any of the Loan Documentsherein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tengasco Inc), Loan and Security Agreement (Fieldpoint Petroleum Corp)
Exceptions to Covenants. No Loan Party nor any of its respective Subsidiaries shall take any action or fail be permitted to take any action which is permitted as an exception to by any of the covenants contained in any Loan Document this Agreement if such action or omission would result is in the breach of any other covenant contained in any of the Loan Documentsthis Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Saratoga Resources Inc /Tx), Credit Agreement (Saratoga Resources Inc /Tx)
Exceptions to Covenants. No Loan Party shall take any action or ----------------------- fail to take any action which is permitted as an exception to any of the covenants contained in any Loan Document if such action or omission would result in the breach of any other covenant contained in any of the Loan Documents.
Appears in 1 contract
Samples: Security Agreement (Azz Inc)
Exceptions to Covenants. No Loan Party shall take any action or fail to take any action which is permitted as an exception to any of the covenants contained in any Loan Document if such action or omission would result in the breach of any other covenant contained in any of the Loan Documents.. NBPLP CREDIT AGREEMENT
Appears in 1 contract
Samples: NBPLP Credit Agreement (Northern Border Partners Lp)