GRANTOR COVENANTS Sample Clauses

The Grantor Covenants clause sets out the promises or assurances made by the grantor in a legal agreement, typically relating to the condition, title, or use of the property or rights being transferred. In practice, this clause may require the grantor to guarantee that they have clear title to the property, that there are no undisclosed encumbrances, or that they will defend the grantee against future claims. Its core function is to protect the grantee by ensuring that the grantor stands behind the validity and quality of the rights or property being conveyed, thereby reducing the risk of future disputes or losses.
GRANTOR COVENANTS. Subject to Clause 8.01, the Grantor covenants and agrees that it shall not: do any act or thing that would damage the Access Easement Area or infrastructure located thereon or which could interfere in any way with the Grantee’s rights pursuant to this Agreement; change or permit a change to be made to the existing surface grade of the Servient Lands in such a manner that could interfere in any way with the Grantee’s rights pursuant to this Agreement; store any materials of any sort whatsoever which could interfere in any way with the Grantee's rights pursuant to this Agreement in the Access Easement Area; build, erect, plant or maintain or permit to be built, erected, planted or maintained on or near the Access Easement Area any building, fence, structure, including a cafe and/or sign, tree, shrub, vegetation, landscaping or other works which could interfere in any way with the Grantee’s rights pursuant to this Agreement.
GRANTOR COVENANTS. The Grantor covenants that (a) it will not convey any other easement which conflicts with the Authority Easement granted or created hereby, and (b) it will not take or permit any action which interferes in any manner with the rights granted to the Authority pursuant to this Agreement.
GRANTOR COVENANTS. The Grantors covenant and agree with the Secured Parties that from and after the date of this Agreement and until termination of this Agreement pursuant to Section 21, the Grantors shall: (a) maintain adequate books, accounts and records and prepare all financial statements required hereunder in accordance with generally accepted accounting principles and, once per calendar year after reasonable notice, and at any time after the occurrence and during the continuance of an Event of Default, permit employees or agents of the Secured Parties at any reasonable time to inspect the properties of the Grantors and to examine or audit their books, accounts and records and make copies and memo- r▇▇▇▇ thereof; (b) maintain, or shall cause the Servicer and each subservicer under the Lease Warehouse Facility to maintain pursuant to the terms of the Servicing Agreement, all records necessary for compliance with the exception to withholding for portfolio interest under Section 871(h) of the Internal Revenue Code; (c) furnish to the Secured Parties such periodic, special, or other reports and information as reasonably requested by the Secured Parties; (d) maintain and keep in force in adequate amounts insurance with responsible and reputable companies or implement and maintain a reasonable program of self-insurance, and accept no self-insurance risks which are substantially greater than those historically carried by the Grantors; (e) pay or cause to be paid all insurance premiums with respect to the Insurance Policies and all charges and fees relating thereto; (f) not compromise, extend, release or adjust payments on any Leases or Receivables, except upon full payment thereof or as provided in the Servicing Agreement; provided, that any Grantor may, consistent with its present business practices and subject to the rights of the Secured Parties from and after an Event of Default, compromise, extend, release or adjust payments on, or otherwise take possession of an Automobile in respect of a delinquent Receivable or other past-due Receivable in an effort to maximize the collectibility thereof; (g) not transfer, sell or assign any Receivable or Lease to any Person other than III Finance, or deliver or permit delivery of any Lease to any Person other than III Finance or the Servicer prior to the repayment in full of the related Receivable, or deliver or permit delivery of any Title to any Person other than III Finance or the Servicer prior to the recovery in full of any resid...
GRANTOR COVENANTS. Grantor covenants and agrees that throughout the term of the Loan:
GRANTOR COVENANTS. Grantor covenants and agrees that:
GRANTOR COVENANTS. Subject to Clause 8.01, the Grantor covenants and agrees that it shall not: do any act or thing that would damage the Access Easement Area or infrastructure located thereon or which could interfere in any way with the City’s rights pursuant to this Agreement; build, erect, plant or maintain or permit to be built, erected, planted or maintained on or near the Access Easement Area any fence, building, structure, including a sign, tree, shrub, vegetation, landscaping or other works which could interfere in any way with the City’s rights pursuant to this Agreement unless approved by the Manager, Infrastructure Planning.
GRANTOR COVENANTS. Subject to Clause 8.01, the Grantor covenants and agrees that it shall not: do any act or thing that would damage the Backsloping Easement Area or infrastructure located thereon or which could interfere in any way with the City’s rights pursuant to this Agreement; change or permit a change to be made to the existing surface grade of the Servient Lands in such a manner that could interfere in any way with the City’s rights pursuant to this Agreement; build, erect, plant or maintain or permit to be built, erected, planted or maintained on or near the Backsloping Easement Area any building, fence, structure, including a cafe and/or sign, tree, shrub, vegetation, landscaping or other works which could interfere in any way with the City’s rights pursuant to this Agreement. The Grantor covenants and agrees that: the City has the full and free right and liberty to erect, maintain and remove signage on the Backsloping Easement Area pertaining to the use of the Backsloping Easement Area; the Grantor shall keep the Backsloping Easement Area open at all times for the use of and access by the City and its nominees, appointees, contractors, subcontractors, officers, servants, tenants, agents, employees, assigns, invitees, unless otherwise approved or directed by the Manager, Infrastructure Planning; the Grantor shall pay all taxes levied over the Servient Lands, including the Backsloping Easement Area, by any government authority.
GRANTOR COVENANTS. Each Grantor covenants and agrees with the Collateral Agent that until the date on which (i) the Loans, together with interest, Fees, and all other Obligations under the Credit Documents (other than contingent obligations, Secured Cash Management Obligations, Secured Hedge Obligations and Secured Bank Product Obligations), shall have been satisfied by payment in full and (ii) any Commitments shall have been terminated (notwithstanding that from time to time during the term of the Credit Agreement, the Credit Parties may be free from any Obligations):
GRANTOR COVENANTS. Grantor covenants and agrees as follows:
GRANTOR COVENANTS. Each Grantor covenants and agrees with the Administrative Agent and the Lenders that, from and after the date of this Agreement until the Secured Obligations shall have been Paid in Full: