Independent Effect of Covenants. The Borrower expressly acknowledges and agrees that each covenant contained in Articles VIII or IX hereof shall be given independent effect. Accordingly, the Borrower shall not engage in any transaction or other act otherwise permitted under any covenant contained in Articles VIII or IX, before or after giving effect to such transaction or act, the Borrower shall or would be in breach of any other covenant contained in Articles VIII or IX.
Independent Effect of Covenants. Each Loan Party expressly acknowledges and agrees that each covenant contained in Articles VI and VII shall be given independent effect. Accordingly, neither any Loan Party nor any Subsidiary thereof shall engage in any transaction or other act otherwise permitted under any covenant contained in Article VI or VII, if before or after giving effect to such transaction or act any Loan Party shall or would be in breach of any other covenant contained in Article VI or VII.
Independent Effect of Covenants. In the event there is a conflict or inconsistency between this Agreement and any other Loan Document, the terms of this Agreement shall control; provided that any provision of the Security Documents which imposes additional burdens on the Borrower or its Subsidiaries or further restricts the rights of the Borrower or its Subsidiaries or gives the Administrative Agent or Lenders additional rights shall not be deemed to be in conflict or inconsistent with this Agreement and shall be given full force and effect.
Independent Effect of Covenants. Holdings and the Borrower expressly acknowledge and agree that each covenant contained in Articles V or VI hereof shall be given independent effect. Accordingly, noneither Holdings nor the Borrower nor any other Loan Party shall, nor shall it permit any of its Subsidiaries to, engage in any transaction or other act otherwise permitted under any covenant contained in Articles V or VI, before or after giving effect to such transaction or act, Holdings or, the Borrower or any other Loan Party shall or would be in breach of any other covenant contained in Articles V or VI.
Independent Effect of Covenants. The Borrower expressly acknowledges and agrees that each covenant contained in Articles VIII or IX hereof shall be given independent effect.
Independent Effect of Covenants. The Borrower expressly acknowledges and agrees that each covenant contained in Articles VII, IX or X hereof shall be given independent effect. Accordingly, the Borrower shall not engage in any transaction or other act otherwise permitted under any covenant contained in Articles VIII, IX or X if, before or after giving effect to such transaction or act, the Borrower shall or would be in breach of any other covenant contained in Articles VIII, IX or X. 117
Independent Effect of Covenants. Issuer expressly acknowledges and agrees that each covenant contained in Articles VI or VII hereof shall be given independent effect. Accordingly, Issuer shall not engage in any transaction or other act otherwise permitted under any covenant contained in Articles VI or VII, if, before or after giving effect to such transaction or act, Issuer shall or would be in breach of any other covenant contained in Articles VI or VII.
Independent Effect of Covenants. 111 SECTION 12.20 No Advisory or Fiduciary Responsibility. ......................................................... 111 SECTION 12.21 Inconsistencies with Other Documents .............................................................. 112 SECTION 12.22 Acknowledgment and Consent to Bail-In of EEA Financial Institutions .......... 112 SECTION 12.23 Acknowledgement Regarding Any Supported QFC ..........................................
Independent Effect of Covenants. 71 AMENDED AND RESTATED CREDIT AGREEMENT THIS AMENDED AND RESTATED CREDIT AGREEMENT, dated as of the 19th day of March, 1997, by and among INSIGNIA FINANCIAL GROUP, INC., a corporation organized under the laws of Delaware, the Lenders who are or may become a party to this Agreement (the "Lenders"), and FIRST UNION NATIONAL BANK OF SOUTH CAROLINA, as Administrative Agent for the Lenders, and XXXXXX COMMERCIAL PAPER INC., as Syndication Agent.
Independent Effect of Covenants. The Borrower expressly acknowledges and agrees that each covenant contained herein and in Articles VIII, IX and X of the Revolving Credit Agreement shall be given independent effect. Accordingly, the Borrower and any other applicable Person shall not engage in any transaction or other act otherwise permitted under any covenant contained herein or in Articles VIII, IX and X of the Revolving Credit Agreement if, before or after giving effect to such transaction or act, the Borrower or any other applicable Person shall or would be in breach of any other covenant contained herein or in Articles VIII, IX and X of the Revolving Credit Agreement.
