Common use of FINANCIAL COVENANTS OF THE BORROWERS Clause in Contracts

FINANCIAL COVENANTS OF THE BORROWERS. Each of the Borrowers covenants and agrees that, so long as any Loan, Bankers' Acceptance, Unpaid Reimbursement Obligation, Letter of Credit or Note or loan account is outstanding or any Bank has any obligation to make any Loans or accept and/or purchase any Bankers' Acceptances or the Agent has any obligation to issue, extend or renew any Letters of Credit:

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Holmes Group Inc), Revolving Credit and Term Loan Agreement (Holmes Products Corp)

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FINANCIAL COVENANTS OF THE BORROWERS. Each of the Borrowers covenants and agrees that, so long as any Loan, Bankers' Acceptance, Unpaid Reimbursement Obligation, Letter of Credit or Note or loan account is outstanding or any Bank has any obligation to make any Loans or accept and/or purchase any Bankers' Acceptances or the Agent Issuing Bank has any obligation to issue, extend or renew any Letters Letter of Credit:

Appears in 2 contracts

Samples: Debt Agreement (Nationsrent Inc), Revolving Credit Agreement (Nationsrent Inc)

FINANCIAL COVENANTS OF THE BORROWERS. Each of the Borrowers covenants and agrees that, so long as any Revolving Credit Loan, Unpaid Reimbursement Obligation, Bankers' Acceptance, Unpaid Reimbursement Obligation, Letter of Credit or Revolving Credit Note or loan account is outstanding or any Bank has any obligation to make any Revolving Credit Loans or to accept and/or purchase any Bankers' Acceptances Acceptance Participation or the Agent has any obligation to issue, extend or renew any Letters of CreditCredit or to accept and/or purchase any Bankers' Acceptance:

Appears in 1 contract

Samples: Revolving Credit Agreement (Flextronics International LTD)

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FINANCIAL COVENANTS OF THE BORROWERS. Each of the Borrowers covenants and agrees that, so long as any Loan, Bankers' Acceptance, Unpaid Reimbursement Obligation, Letter of Credit or Note or loan account is outstanding or any Bank has any obligation to make any Loans or accept and/or purchase any Bankers' Acceptances or the Agent has any obligation to issue, extend or renew any Letters of Credit:

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Holmes Group Inc)

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