GENERAL COVENANTS OF THE BORROWER AND SERVICER Sample Clauses

GENERAL COVENANTS OF THE BORROWER AND SERVICER. 21 Section 7.1. Affirmative Covenants of the Borrower and Servicer 21 Section 7.2. Reporting Requirements of the Borrower 23 Section 7.3. Negative Covenants of the Borrower and the Servicer 25 Section 7.4. Separate Corporate Existence of the Borrower 27 ARTICLE VIII ADMINISTRATION AND COLLECTION 29 Section 8.1. Designation of Servicer 29 Section 8.2. Duties of Servicer 30 Section 8.3. Rights of the Agent 32 Section 8.4. Responsibilities of the Borrower 32 Section 8.5. Further Action Evidencing the Security Interest 33 Section 8.6. Application of Collections 33 ARTICLE IX SECURITY INTEREST 34 Section 9.1. Grant of Security Interest 34 Section 9.2. Remedies 34 Section 9.3. Termination after Final Payout Date 34 Section 9.4. Limitation on Rights to Collateral Proceeds 34 ARTICLE X EVENTS OF DEFAULT 34 Section 10.1. Events of Default 34 Section 10.2. Remedies 37 ARTICLE XI THE AGENT 37 Section 11.1. Appointment 37 Section 11.2. Delegation of Duties 38 Section 11.3. Exculpatory Provisions 38 Section 11.4. Reliance by Agent 38 Section 11.5. Notice of Events of Default 39 Section 11.6. Non-Reliance on Agent and Other Lenders 39 ii TABLE OF CONTENTS (continued) Page Section 11.7. Indemnification of Agent 39 Section 11.8. Agent in its Individual Capacity 40 Section 11.9. Successor Agent 40 Section 11.10. Agent’s Conflict Waivers 40 Section 11.11. UCC Filings 41 ARTICLE XII ASSIGNMENTS AND PARTICIPATIONS 41 Section 12.1. Restrictions on Assignments, etc 41 Section 12.2. Rights of Assignees and Participants 42 Section 12.3. Terms and Evidence of Assignment 42 ARTICLE XIII INDEMNIFICATION 42 Section 13.1. Indemnities by the Borrower 42 Section 13.2. Indemnities by Servicer 44 ARTICLE XIV MISCELLANEOUS 45 Section 14.1. Amendments, Etc 45 Section 14.2. Notices, Etc 45 Section 14.3. No Waiver; Remedies 46 Section 14.4. Binding Effect; Survival 46 Section 14.5. Costs, Expenses and Taxes 46 Section 14.6. No Proceedings 47 Section 14.7. Confidentiality Provisions 47 Section 14.8. [Reserved] 48 Section 14.9. Captions and Cross References 48 Section 14.10. Integration 48 Section 14.11. Governing Law 49 Section 14.12. Waiver of Jury Trial 49 Section 14.13. Consent to Jurisdiction; Waiver of Immunities 49 Section 14.14. Execution in Counterparts 49 Section 14.15. No Recourse Against Other Parties 49 Section 14.16. Amendment and Restatement 50 ARTICLE XV ADDITIONAL LIQUIDITY BANK PROVISIONS 50 iii TABLE OF CONTENTS (continued) Page Section 15.1. Assignment to Liquidity Banks 50 ...
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Related to GENERAL COVENANTS OF THE BORROWER AND SERVICER

  • FINANCIAL COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligation to issue, extend or renew any Letters of Credit:

  • Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________

  • NEGATIVE COVENANTS OF THE BORROWERS Until such time as all amounts of principal and interest due to the Bank by a Borrower pursuant to any Loan made to such Borrower is irrevocably paid in full, and until the Bank is no longer obligated to make Loans to such Borrower, such Borrower (for itself and on behalf of its respective Funds) agrees:

  • Additional Covenants of the Seller The Seller hereby covenants and agrees with the Depositor as follows:

  • Additional Covenants of the Company The Company further covenants and agrees with each Underwriter as follows:

  • Covenants of the Borrowers SECTION 5.01.

  • Additional Covenants of the Parties Section 7.1.

  • Negative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

  • AFFIRMATIVE COVENANTS OF THE BORROWERS The Borrowers jointly and severally covenant and agree that, so long as any Loan or Note is outstanding or the Banks have any obligation to make Loans or the Agent has any obligation to issue, extend, or renew any Letters of Credit hereunder:

  • NEGATIVE COVENANTS OF BORROWER Borrower agrees that so long as it is indebted to Bank, or so long as Bank has any obligation to extend credit to Borrower, it will not, without Bank's written consent:

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