Negative and Maintenance Covenants. The Company covenants and agrees that, until all of the Obligations have been indefeasibly paid in full and no Notes are outstanding and the Termination Date has occurred, the Company shall comply with the following provisions set forth in this Section 10:
Negative and Maintenance Covenants. The provisions of this Section 11 shall remain in effect so long as any Notes shall remain outstanding.
Negative and Maintenance Covenants. (a) The words "and the Debentures" is deleted from clause (ii) of Section 10.01(a) of the Note Purchase Agreement.
(b) Section 10.02:
(i) Subsection 10.02(e) of the Note Purchase Agreement is hereby amended by deleting it in its entirety and substituting the following therefor:
Negative and Maintenance Covenants. The Parent and the Issuer jointly and severally covenant and agree that, until all of the Obligations have been indefeasibly paid in full in cash and no Notes are outstanding:
Negative and Maintenance Covenants. The Parent and the Company jointly and severally covenant and agree that, until all of the Obligations have been indefeasibly paid in full and no Notes are outstanding and the Termination Date has occurred, it shall and shall cause each of its Subsidiaries to comply with the following covenants:
Negative and Maintenance Covenants. Each Credit Party covenants and agrees that, until all of the Obligations have been indefeasibly paid in full in cash and no Notes are outstanding:
Negative and Maintenance Covenants. (a) Clause (i) of Section 10.02 of the Purchase Agreement is hereby amended and restated as follows:
(i) Subject to the limitations set forth in Section 10.03(d) hereof, any Lien created to secure any Indebtedness incurred or assumed after the Seventh Amendment Effective Date to pay all or any part of the purchase price of an improvement to or upgrade of a Unit owned by the Company or a Subsidiary, PROVIDED that (i) any such Lien shall be confined solely to the improved or upgraded Unit subject to such Lien; PROVIDED, HOWEVER, that in the case of a Unit owned by the Company or a Subsidiary that is, at the time of acquisition of an improvement or upgrade to a Unit, already subject to a Lien in favor of the same secured party financing the purchase price of such improvement or upgrade, such Lien securing the Indebtedness relating to the newly-improved or upgraded Unit may extend to the Unit already owned and such Lien securing the Indebtedness relating to the Unit already owned may extend to the newly-improved Unit; PROVIDED, FURTHER, that notwithstanding the immediately preceding proviso no such Lien shall extend to any Unit as to which (A) the purchase price thereof (and of any improvement thereto or upgrade thereof) is paid in full and (B) there is outstanding no Indebtedness incurred to finance such purchase price, it being understood that the cross-collateralization permitted by the immediately preceding proviso shall immediately cease and terminate upon payment of the purchase price (or related purchase money Indebtedness) of each Unit and any improvement to or upgrade thereof, and (ii) any such Lien shall be created within six months after the completion or installation of such improvement or upgrade;".
(b) Clause (d) of Section 10.03 of the Purchase Agreement is hereby amended and restated as follows:
(d) Subject to the limitations on incurrence of Capital Expenditures set forth in Section 10.08 hereof, the Company or any Subsidiary may become and remain liable with respect to Indebtedness incurred to acquire equipment (including CT Scanners and MRI Units and related additions, parts and improvements) secured by Liens permitted under Sections 10.02(e), 10.02(i) or 10.02(j) hereof;".
(c) Clause (f) of Section 10.03 of the Purchase Agreement is hereby amended and restated as follows:
Negative and Maintenance Covenants. Each of the Issuers covenants and agrees that, so long as any of the Notes shall be outstanding or the Termination Date shall not have occurred:
Negative and Maintenance Covenants. 60 Section 10.1 Restrictions on Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 Section 10.2 Restrictions on Liens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 Section 10.3 Limitation on Sale and Leasebacks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 Section 10.4 Consolidation, Merger or Disposition of Assets; Acquisitions . . . . . . . . . . . . . . . . . 62 Section 10.5 Conduct of Business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 section 10.6 Restricted Payments and Restricted Investments. . . . . . . . . . . . . . . . . . . . . . . . 63 Section 10.7 Issuers Preferred Stock; Issuance of Stock by Subsidiaries. . . . . . . . . . . . . . . . . . 64 Section 10.8 Transactions with Affiliates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Section 10.9
Negative and Maintenance Covenants. The provisions of this ---------------------------------- Section 14 shall remain in effect until all indebtedness of the Borrower to ---------- the Bank under this Agreement has been paid in full and all fees and expenses under this Agreement billed by the Bank to the Borrower on or prior to the time of the commitment termination have been paid in full.
