GENERAL COVENANTS 86 Clause Samples
The 'General Covenants' clause establishes a set of broad, binding promises or obligations that parties to an agreement must adhere to throughout the duration of the contract. These covenants typically cover ongoing duties such as compliance with laws, maintenance of insurance, or refraining from actions that could harm the agreement's purpose. For example, a party may be required to maintain certain standards of conduct or to notify the other party of significant changes. The core function of this clause is to ensure that both parties uphold essential responsibilities, thereby reducing the risk of disputes and supporting the smooth execution of the contract.
GENERAL COVENANTS 86. Section 5.1. Affirmative Covenants of the Borrower 86 Section 5.2. Negative Covenants of the Borrower 92 Section 5.3. Affirmative Covenants of the Collateral Manager 94 Section 5.4. Negative Covenants of the Collateral Manager 98 Section 5.5. Affirmative Covenants of the Collateral Custodian 99 Section 5.6. Negative Covenants of the Collateral Custodian 99 Section 5.7. Covenants of the Seller 99
GENERAL COVENANTS 86. Section 5.1.
GENERAL COVENANTS 86. Section 5.1. Affirmative Covenants of the Borrower 86
GENERAL COVENANTS 86. 10.1 Affirmative Covenants of the Borrower 86
10.2 Negative Covenants of the Borrower 91 10.3 Covenants in respect of Baytex Luxembourg 94 10.4 Financial Covenants 96 10.5 Agent May Perform Covenants 96 ARTICLE 11 - SECURITY 97 11.1 Security on all Assets 97 11.2 Registration 98 11.3 Forms 99