Maintenance of MSX Assets - Affirmative Covenants Sample Clauses

Maintenance of MSX Assets - Affirmative Covenants. During the Escrow Period Raleigh and MSX have: (a) maintained the MSX Assets free and clear of all claims, Liens, encumbrances, assessments and rights of third parties, other than those in existence on February 12, 2003, and such agreements or commitments to encumber the MSX E-14 <PAGE> Assets or rights of third parties in the MSX Assets that expired or terminated automatically by their terms prior to or on the last day of the Escrow Period; (b) made all payments and performed all obligations required by leases, licenses, permits, concessions, contracts and other agreements related to or included in Properties or the MSX Assets; (c) maintained the Properties and all leases, licenses, permits, concessions, contracts and other agreements related to or included in the Properties in full force and effect; and (d) maintained all of the Common Shares of MSX free and clear of all claims, Liens, encumbrances, assessments and rights of third parties, other than the rights of Glamis under the SPA, other than those in existence on February 12, 2003, and such agreements or commitments respecting the Common Shares of MSX or rights of parties in the Common Shares of MSX that, expressly and in writing, were to become effective only by Raleigh's payment to Glamis of the first payment due under the Promissory Note (defined in the SPA) and, such payment having not been made, are now void ab initio. As of the Effective Date, the MSX Assets and all of the Common Shares of MSX are free and clear of all claims, Liens, encumbrances, assessments and rights of third parties, other than those in existence on February 12, 2003. 2.2.3
Sample 1
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Maintenance of MSX Assets - Affirmative Covenants. During the Escrow Period Raleigh and MSX shall do the following:
Sample 1
Maintenance of MSX Assets - Affirmative Covenants. During the Escrow Period Raleigh and MSX have: (a) maintained the MSX Assets free and clear of all claims, Liens, encumbrances, assessments and rights of third parties, other than those in existence on February 12, 2003, and such agreements or commitments to encumber the MSX Assets or rights of third parties in the MSX Assets that expired or terminated automatically by their terms prior to or on the last day of the Escrow Period; (b) made all payments and performed all obligations required by leases, licenses, permits, concessions, contracts and other agreements related to or included in Properties or the MSX Assets; (c) maintained the Properties and all leases, licenses, permits, concessions, contracts and other agreements related to or included in the Properties in full force and effect; and (d) maintained all of the Common Shares of MSX free and clear of all claims, Liens, encumbrances, assessments and rights of third parties, other than the rights of Glamis under the SPA, other than those in existence on February 12, 2003, and such agreements or commitments respecting the Common Shares of MSX or rights of parties in the Common Shares of MSX that, expressly and in writing, were to become effective only by Raleigh's payment to Glamis of the first payment due under the Promissory Note (defined in the SPA) and, such payment having not been made, are now void ab initio. As of the Effective Date, the MSX Assets and all of the Common Shares of MSX are free and clear of all claims, Liens, encumbrances, assessments and rights of third parties, other than those in existence on February 12, 2003.
Sample 1

Related to Maintenance of MSX Assets - Affirmative Covenants

  • BORROWER'S AFFIRMATIVE COVENANTS Each Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, such Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 6.

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Additional Affirmative Covenants The Borrower also shall comply with the additional covenants identified in Schedule 4 hereto.

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • Other Affirmative Covenants The Company shall:

  • Affirmative Covenants of the Seller Parties Until the date on which the Aggregate Unpaids have been indefeasibly paid in full and this Agreement terminates in accordance with its terms, each Seller Party hereby covenants, as to itself, as set forth below:

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Affirmative Covenants of the Seller From the date hereof until the Collection Date:

  • CERTAIN AFFIRMATIVE COVENANTS The Company or, to the extent required hereunder, any Subsidiary should fail to perform or comply with Sections 9(A) through 9(H)(2), 9(H)(6) through 9(H)(8) or any reporting covenant set forth in any Supplement hereto, and such failure continues for 15 days after written notice thereof shall have been delivered by Agent to the Company.

  • AFFIRMATIVE COVENANTS OF THE BORROWERS Each Borrower (as to itself and its Subsidiaries, as applicable) covenants and agrees that, so long as any Loan or any Note is Outstanding or any Bank has any obligation to make any Loans:

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