Common use of Loan Parties' and Affiliates' Obligations Clause in Contracts

Loan Parties' and Affiliates' Obligations. Each of the Loan Parties will, and will cause its Affiliates to, keep the terms and provisions of this Agreement and the other Loan Documents confidential from anyone other than individuals employed or retained by the Loan Parties who are or are expected to become engaged in financial matters or matters relating to compliance with the Loan Documents, provided that nothing herein shall prevent any such Person from disclosing such information (i) to any other Loan Party, (ii) upon the order of any court or administrative agency, (iii) upon the request or demand of any Governmental Authority having jurisdiction over any Loan Party, (iv) which has been publicly disclosed, and (v) to a Loan Party's legal counsel and independent auditors; provided, however, that the Borrower and the other Loan Parties will deliver to the Administrative Agent written notice of any intention or obligation of any Loan Party to deliver or provide a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof to any Governmental Authority at least ten Business Days prior to the initial date upon which any such delivery or provision occurs and each of the Loan Parties shall use all reasonable efforts to redact or delete from such copy or such term or provision such terms or provisions or language relating to rates of interest, fees, financial covenants, availability and other terms or provisions of a sensitive nature as may be requested by the Administrative Agent to be so redacted or deleted before the same is so delivered or provided. Without limiting the generality of the foregoing, each of the Loan Parties agrees that it will not, and will not permit any of its Affiliates to, without the prior written consent of the Administrative Agent, issue or publish a press release, tombstone or other similar announcement or publication relating to this Agreement or any other Loan Document or the transactions contemplated hereby unless it is required to do so by the order of any court or administrative agency or in accordance with applicable law.

Appears in 3 contracts

Samples: Credit Agreement (Alamosa Holdings Inc), Credit Agreement (Texas Telecommunications Lp), Credit Agreement (Alamosa PCS Holdings Inc)

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Loan Parties' and Affiliates' Obligations. Each of Holdings and the Loan Parties Borrower agrees that it will, and will cause its the other Loan Parties and their Affiliates to, keep the terms and provisions of this Agreement and the other Loan Documents confidential from anyone other than individuals employed or retained by Holdings, the Borrower, any other Loan Parties Party or any of their Affiliates who are or are expected to become engaged in financial matters or matters relating to compliance with the Loan Documents, provided that nothing herein shall prevent any such Person from disclosing such information (i) to any such other Loan PartyParty or Affiliate, (ii) upon the order of any court or administrative agency, (iii) upon the request or demand of any Governmental Authority regulatory agency or authority having jurisdiction over any such Loan PartyParty or Affiliate, (iv) which has been publicly disclosed, and or (v) to a such Loan Party's or Affiliate's legal counsel and independent auditors; provided, however, that Holdings and/or the Borrower and the other Loan Parties will deliver to the Administrative Agent written notice of any intention or obligation of any Loan Party to deliver or provide a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof to any Governmental Authority at least ten Business Days prior to the initial date upon which any such delivery or provision occurs and Holdings and the Borrower shall, and shall cause each of the other Loan Parties shall to, use all reasonable efforts to redact or delete from such copy or such term or provision such terms or provisions or language relating to rates of interest, fees, financial covenants, availability and other terms or provisions of a sensitive nature as may be requested by the Administrative Agent to be so redacted or deleted before the same is so delivered or provided. Without limiting the generality of the foregoing, each of Holdings and the Loan Parties agrees Borrower agree that it they will not, and will not permit any of other Loan Party or its Affiliates to, without the prior written consent of the Administrative Agent, issue or publish a press release, tombstone or other similar announcement or publication relating to this Agreement or any other Loan Document or the transactions contemplated hereby unless they or it is are required to do so by the order of any court or administrative agency or in accordance with applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Savvis Communications Corp), Credit Agreement (Savvis Communications Corp)

Loan Parties' and Affiliates' Obligations. Each of the Loan Parties The Borrower agrees that it will, and will cause its the other Loan Parties and their Affiliates to, keep the terms and provisions of this Agreement and the other Loan Documents confidential from anyone other than individuals employed or retained by the Borrower, any other Loan Parties Party or any of their Affiliates who are or are expected to become engaged in financial matters or matters relating to compliance with the Loan Documents, provided PROVIDED that nothing herein shall prevent any such Person from disclosing such information (i) to any such other Loan PartyParty or Affiliate, (ii) upon the order of any court or administrative agency, (iii) upon the request or demand of any Governmental Authority regulatory agency or authority having jurisdiction over any such Loan PartyParty or Affiliate, (iv) which has been publicly disclosed, and or (v) to a such Loan Party's or Affiliate's legal counsel and independent auditors; providedPROVIDED, howeverHOWEVER, that the Borrower and the other Loan Parties will deliver to the Administrative Agent written notice of any intention or obligation of any Loan Party to deliver or provide a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof to any Governmental Authority at least ten Business Days prior to the initial date upon which any such delivery or provision occurs and the Borrower shall, and shall cause each of the other Loan Parties shall to, use all reasonable efforts to redact or delete from such copy or such term or provision such terms or provisions or language relating to rates of interest, fees, financial covenants, availability and other terms or provisions of a sensitive nature as may be requested by the Administrative Agent to be so redacted or deleted before the same is so delivered or provided. Without limiting the generality of the foregoing, each of the Loan Parties Borrower agrees that it will not, and will not permit any of other Loan Party or its Affiliates to, without the prior written consent of the Administrative Agent, and the Administrative Agent and the Lenders agree that they will not, without the prior written consent of the Borrower, issue or publish a press release, tombstone or other similar announcement or publication relating to this Agreement or any other Loan Document or the transactions contemplated hereby unless they or it is are required to do so by the order of any court or administrative agency or in accordance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Pathnet Telecommunications Inc)

Loan Parties' and Affiliates' Obligations. Each of the Loan Parties The Borrower agrees that it will, and will cause its Holdings and the other Loan Parties and their Affiliates to, keep the terms and provisions of this Agreement and the other Loan Documents confidential from anyone other than individuals employed or retained by the Borrower, Holdings, any other Loan Parties who are Party or are expected to become engaged in financial matters any of their Affiliates (including employees, officers, directors, shareholders, representatives, agents, accountants and lawyers of the Borrower, Holdings, any other Loan Party or matters relating to compliance with the Loan Documentsany of their CREDIT AGREEMENT - Page 82 Affiliates), provided that nothing herein shall prevent any such Person from disclosing such information (i) to any such other Loan PartyParty or Affiliate, (ii) upon the order of any court or administrative agency, (iii) upon the request or demand of any Governmental Authority having jurisdiction over any such Loan PartyParty or Affiliate, (iv) which has been publicly disclosed, and (v) to a World Access and/or its employees, officers, directors, shareholders, lawyers, accountants, agents or other representatives in connection with the Holdings Merger, and (vi) to such Loan Party's or Affiliate's legal counsel and independent auditors; provided, however, that the Borrower and the other Loan Parties will deliver to the Administrative Agent written notice of any intention or obligation of Holdings or any Loan Party of its Consolidated Subsidiaries (including, without limitation, the Borrower) to deliver or provide a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof to any Governmental Authority at least ten Business Days prior to the initial date upon which any such delivery or provision occurs and each of the Loan Parties Borrower shall, and shall cause Holdings and its Consolidated Subsidiaries to, use all reasonable efforts to redact or delete from such copy or such term or provision such terms or provisions or language relating to rates or amounts of interest, fees, financial covenants, availability covenants and other terms or provisions of a sensitive nature (exclusive of the amount of the Commitments, the identities of the parties to the Loan Documents and the maturity of the Loans) as may be requested by the Administrative Agent to be so redacted or deleted before the same is so delivered or provided. Without limiting the generality of the foregoing, each of the Loan Parties Borrower agrees that it will not, and will cause Holdings and the other Loan Parties and their Affiliates not permit any of its Affiliates to, without the prior written consent of the Administrative Agent, issue or publish a press release, tombstone or other similar announcement or publication relating to this Agreement or any other Loan Document or the transactions Loan Transactions contemplated hereby unless it is required to do so by the order of any court or administrative agency or in accordance with applicable law. Notwithstanding the immediately preceding proviso (i.e., the second proviso in the immediately preceding sentence), such proviso and requirements contained therein shall not apply to a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof which is being provided to any Governmental Authority after the date upon which this Agreement or any such other Loan Document or any such term or provision hereof or thereof, respectively, has then previously been publicly disclosed in compliance with this Section 13.20 (b).

Appears in 1 contract

Samples: Credit Agreement (World Access Inc /New/)

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Loan Parties' and Affiliates' Obligations. Each of the Loan Parties ----------------------------------------- will, and will cause its Affiliates to, keep the terms and provisions of this Agreement and the other Loan Documents confidential from anyone other than individuals employed or retained by the Loan Parties who are or are expected to become engaged in financial matters or matters relating to compliance with the Loan Documents, provided that nothing herein shall prevent any such Person from disclosing such information (i) to any other Loan Party, (ii) required to be disclosed in accordance with applicable securities laws or upon the order of any court or administrative agency, (iii) upon the request or demand of any Governmental Authority having jurisdiction over any Loan Party, (iv) which has been publicly disclosed, and (v) to a Loan Party's legal counsel and independent auditors; provided, however, that the Borrower and the other Loan Parties will deliver to the Administrative Agent written notice of any intention or obligation of any Loan Party to deliver or provide a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof to any Governmental Authority at least ten Business Days prior to the initial date upon which any such delivery or provision occurs and each of the Loan Parties shall use all reasonable efforts to redact or delete from such copy or such term or provision such terms or provisions or language relating to rates of interest, fees, financial covenants, availability and other terms or provisions of a sensitive nature as may be requested by the Administrative Agent to be so redacted or deleted before the same is so delivered or provided. Without limiting the generality of the foregoing, each of the Loan 108 Parties agrees that it will not, and will not permit any of its Affiliates to, without the prior written consent of the Administrative Agent, issue or publish a press release, tombstone or other similar announcement or publication relating to this Agreement or any other Loan Document or the transactions contemplated hereby unless it is required to do so by the order of any court or administrative agency or in accordance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Ipcs Inc)

Loan Parties' and Affiliates' Obligations. Each of the Loan Parties The Borrower agrees that it will, and will cause its the other Loan Parties and their Affiliates to, keep the terms and provisions of this Agreement and the other Loan Documents confidential from anyone other than individuals employed or retained by the Borrower, any other Loan Parties Party or any of their Affiliates who are or are expected to become engaged in financial matters or matters relating to compliance with the Loan Documents, provided that nothing herein shall prevent any such Person from disclosing such information (i) to any such other Loan PartyParty or Affiliate or shareholder of the Borrower if (but only if) such other Loan Party or Affiliate or shareholder of the Borrower has agreed in writing to be bound by the terms and provisions of this Section 13.20(b), (ii) upon the order of any court or administrative agency, (iii) upon the request or demand of any Governmental Authority regulatory agency or authority having jurisdiction over any such Loan PartyParty or Affiliate, (iv) which has been publicly disclosed, and or (v) to a such Loan Party's or Affiliate's legal counsel and independent auditors; provided, however, that the Borrower and the other Loan Parties will deliver to the Administrative Agent written notice of any intention or obligation of any Loan Party to deliver or provide a copy of this Agreement or any other Loan Document or any term or provision hereof or thereof to any Governmental Authority at least ten Business Days prior to the initial date upon which any such delivery or provision occurs and Holdings and the Borrower shall, and shall cause each of the other Loan Parties shall to, use all reasonable efforts to redact or delete from such copy or such term or provision such terms or provisions or language relating to rates of interest, fees, financial covenants, availability and other terms or provisions of a sensitive nature as may be requested by the Administrative Agent to be so redacted or deleted before the same is so delivered or provided. (The Administrative Agent and the Lenders acknowledge that, subject to the preceding proviso, the Borrower intends to file this Agreement with the Securities and Exchange Commission as an exhibit to its Form 8-K to be so filed.) Without limiting the generality of the foregoing, each of the Loan Parties Borrower agrees that it will not, and will not permit any of other Loan Party or its Affiliates to, without the prior written consent of the Administrative Agent, issue or publish a press release, tombstone or other similar announcement or publication relating to this Agreement or any other Loan Document or the transactions contemplated hereby unless it is required to do so by the order of any court or administrative agency or in accordance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Log on America Inc)

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