LENDER’S COVENANTS. A. LOAN: Lender and/or its assigns shall, in accordance with the terms and conditions of the Loan Agreement, make this Loan to Borrower.
LENDER’S COVENANTS. LOAN: Lender shall, in accordance with the terms and conditions of the Grant Agreement, make this Loan to Borrower.
LENDER’S COVENANTS. Each Lender, and each subsequent holder of any Note, agrees with the Borrower and each Protected Party that, until the Termination Date shall have occurred, it will not dispose of the Notes to be purchased by it or any interest therein (including, without limitation, any transfer by a change in the capacity in which such Lender holds its investment in such Notes) to any Person unless and until such Person shall (i) make all warranties and representations of such Lender contained in Section 6.02 and (ii) assume all covenants of such Lender contained in this Section 8. Each Lender acknowledges that any assignment made in breach of Section 11.03 shall be null and void.
LENDER’S COVENANTS. Lender covenants and agrees with the Corporation that Lender will subordinate its second lien on the assets of the Corporation and each Subsidiary, granted to Lender under the Transaction Documents, in accordance with the provisions of Article 7 of the Debenture Purchase Agreement. For greater certainty it is expressly acknowledged and agreed by Lender that, subject to Section 6.13 of the Debenture Purchase Agreement, Lender will subordinate its liens on the assets of the Corporation and each Subsidiary, granted under the Debenture Purchase Agreement and this Agreement, in connection with any monies which the Corporation may borrow to repay the Debenture and/or the Loan; provided, however, that Lender will subordinate no more than $5,000,000 of any and all monies owing under the Debenture Purchase Agreement and this Agreement.
LENDER’S COVENANTS. Each Lender severally agrees that it will not make any future advances pursuant hereto (other than those in the nature of remedial advances) without DAP's or a Lessee's consent (it being understood that (i) the delivery of a Funding Request constitutes such consent, (ii) DAP has consented to the capitalization of interest and yield pursuant to Section 2.3(c) and (iii) nothing set forth in Section 5.25 shall abrogate the Construction Agent's duties under the Construction Agency Agreement). In the event that a Loan Event of Default occurs and is continuing at a time when no Event of Default has occurred and is continuing, the Agent shall promptly give DAP notice thereof, and the Lenders shall not exercise remedies pursuant to the Loan Agreement if such Loan Event of Default is capable of being cured, unless thirty (30) days or more has elapsed since the date of the notice from the Agent to DAP thereof and DAP has not cured such Loan Event of Default, or caused such Loan Event of Default to be cured.
LENDER’S COVENANTS. If, and to the extent, requested by the holder of the first lien on the assets secured by the Mortgage and Security Agreement (the "First Lienholder"), the Lender hereby agrees to enter into a subordination and inter-creditor agreement with such First Lienholder and shall reasonably cooperate with the First Lienholder in the negotiation, preparation and execution of any such agreement.
LENDER’S COVENANTS. 7.1 The Lender covenants that any security granted by the Guarantor hereunder or pursuant to the Security Documents will rank pari passu with any security granted by the Guarantor pursuant to the terms of any Subsequent Credit Facility, provided that the form of such security is on terms materially identical to the Security Documents or consented to by the Lender, such consent not to be unreasonably withheld.
LENDER’S COVENANTS. If any lender of a Companion Loan declares a Companion Loan to be in Default, the Lender hereunder and all Companion Loan lenders shall join in the action taken to obtain the remedy elected by the lender initiating such action. Each lender shall pay a prorata portion of the expenses of enforcing the Total Loan obligation. Once any action for collection against the Borrower, the Guarantor or the Collateral has been commenced, the lenders of the Total Loan shall take action as determined by majority vote of all lenders of the Total Loan.
LENDER’S COVENANTS. The Lender hereby covenants and agrees with the Participant that:
LENDER’S COVENANTS. Lender promises:
