Negative Covenant of the Company; Covenants of the Master Servicer. (a) The Company shall not make any Restricted Payment while Series 1993-2 is an Outstanding Series, except (i) from amounts distributed to the Company (x) in respect of the Exchangeable Company Interest, provided that on the date any such Restricted Payment is made, the Company is in compliance with its payment obligations under Section 2.05 of the Agreement or (y) pursuant to subsection 3.02(c); (ii) in compliance with all terms of the Transaction Documents, including the Company's covenant as to net worth set forth in subsection 2.07(m) of the Agreement and (iii) such Restricted Payment is made in accordance with all corporate and legal formalities applicable to the Company; provided that no Restricted Payment shall be made if an Early Amortization Event has occurred and is continuing (or would occur as a result of making such Restricted Payment).
Negative Covenant of the Company; Covenants of the Master Servicer. (a) The Company shall not make any Restricted Payment while Series 1997-2 is an Outstanding Series, except (i) from amounts distributed to the Company pursuant to subsection 3A.03(b), (ii) in compliance with all terms of the Transaction Documents, including the Company's covenant as to net worth set forth in subsection 2.07(m) of the Agreement and (iii) such Restricted Payment is made no more frequently than on a monthly basis and such Restricted Payment is made in accordance with all corporate and legal formalities applicable to the Company; provided that no Restricted Payment shall be made if an Early Amortization Event has occurred and is continuing (or would occur as a result of making such Restricted Payment).
