Maintenance of Rank Sample Clauses

Maintenance of Rank. Cause the Obligations hereunder to rank pari passu with all other senior unsecured indebtedness of Borrower.
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Maintenance of Rank. (i) The Original Borrower and the Parent shall procure that this Agreement is raised (at the cost and expense of the Original Borrower) to the level of documento publico either upon its execution or promptly thereafter. (ii) The Original Borrower and the Parent shall, prior to 30 June 2008: (A) not permit to subsist any Financial Indebtedness which has been raised to the level of documento publico other than Financial Indebtedness in an aggregate outstanding amount not exceeding EUR1,000,000 (or its equivalent) or as otherwise permitted by this sub-clause (c), and (B) procure that, save as provided in paragraph (iii) below, no member of the Borrower Group incorporated in Spain shall raise any indebtedness to the level of documento publico on and from the date upon which this Agreement is so raised, in an outstanding amount exceeding EUR6,000,000 (or its equivalent) in aggregate which shall be in respect of any indebtedness falling under paragraphs (c) and (d) of the definition of Permitted Indebtedness. (iii) The Original Borrower and the Parent shall procure that the outstanding amount of Performance Bond Indebtedness (including Existing Notarised Performance Bond Indebtedness) that is raised to the level of documento publico does not, at any time after the date upon which this Agreement is so raised, exceed EUR20,000,000 (or its equivalent) in aggregate between the Effective Date and 30 December 2003, EUR19,000,000 (or its equivalent) in aggregate between 31 December 2003 and 30 December 2004, EUR17,000,000 (or its equivalent) in aggregate between 31 December 2004 and 30 December 2005, EUR15,000,000 (or its equivalent) in aggregate at any time thereafter until 30 June 2008. 26.4 Covenants relating to Subordinated Shareholder/Participatory Loans
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Related to Maintenance of Rank

  • Maintenance of Rating Since the execution of this Agreement, there shall not have been any decrease in or withdrawal of the rating of any securities of the Company or any of its subsidiaries (including the Bank) by any “nationally recognized statistical rating organization” (as defined for purposes of Section 3(a)(62) of the 0000 Xxx) or any notice given of any intended or potential decrease in or withdrawal of any such rating or of a possible change in any such rating that does not indicate the direction of the possible change.

  • Maintenance of Ratings At all times, Borrower shall use commercially reasonable efforts to maintain (x) a corporate family rating issued by Xxxxx’x and a corporate credit rating issued by S&P and (y) public ratings issued by Xxxxx’x and S&P with respect to its senior secured debt.

  • Maintenance of REIT Status In the case of the Parent Guarantor, at all times, conduct its affairs and the affairs of its Subsidiaries in a manner so as to continue to qualify as a REIT for U.S. federal income tax purposes.

  • Maintenance of Liquidity Seller shall ensure that it has cash and Cash Equivalents (excluding Restricted Cash or cash pledged to Persons other than Buyer), in an amount not less than $40,000,000.

  • Maintenance of Liens Each Borrower shall perform all such acts and execute all such documents as Administrative Agent may reasonably request in order to enable Administrative Agent and the Lenders to file and record every instrument that Administrative Agent may reasonably deem necessary in order to perfect and maintain Administrative Agent’s first priority Liens on the Collateral (subject to Permitted Liens).

  • Maintenance of Listing The Company will use commercially reasonable efforts to effect and maintain the listing of (x) the Units and Warrants on the NYSE (or another national securities exchange) until the consummation of the Business Combination or until such earlier time at which the Liquidation occurs, and (y) the Common Stock on the NYSE (or another national securities exchange) until five years from the date of the consummation of the Business Combination or until such earlier time at which Liquidation occurs.

  • MAINTENANCE OF CONDITIONS Conditions of employment in effect at the execution of this Agreement shall, except as improved herein, be maintained during the term of this Agreement.

  • Maintenance of Facilities 5.1 The Network Customer shall maintain its facilities necessary to reliably receive capacity and energy from the Host Transmission Owner’s transmission system consistent with Good Utility Practice. The Transmission Provider or Host Transmission Owner, as appropriate, may curtail service under this Operating Agreement to limit or prevent damage to generating or transmission facilities caused by the Network Customer’s failure to maintain its facilities in accordance with Good Utility Practice, and the Transmission Provider or Host Transmission Owner may seek as a result any appropriate relief from the Commission. 5.2 The Designated Representatives shall establish procedures to coordinate the maintenance schedules, and return to service, of the generating resources and transmission and substation facilities, to the greatest extent practical, to ensure sufficient transmission resources are available to maintain system reliability and reliability of service. 5.3 The Network Customer shall obtain: (1) concurrence from the Transmission Provider before beginning any scheduled maintenance of facilities which could impact the operation of the Transmission System over which transmission service is administered by Transmission Provider; and (2) clearance from the Transmission Provider when the Network Customer is ready to begin maintenance on a transmission line or substation. The Transmission Provider shall coordinate clearances with the Host Transmission Owner. The Network Customer shall notify the Transmission Provider and the Host Transmission Owner as soon as practical at the time when any unscheduled or forced outages occur and again when such unscheduled or forced outages end.

  • Maintenance of Net Worth The Parent shall at all times maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

  • Maintenance of Collateral Borrower will maintain the Collateral in good working condition, and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.

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