Common use of Negative Covenants; Financial Covenant Clause in Contracts

Negative Covenants; Financial Covenant. From and after the Closing Date and until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other Obligations have been paid in full (other than indemnities and other contingent obligations not then due and payable and as to which no claim has been made) and all Letters of Credit have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

Appears in 4 contracts

Samples: Revolving Credit Agreement (Marathon Petroleum Corp), Revolving Credit Agreement (MPLX Lp), Credit Agreement (Marathon Petroleum Corp)

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Negative Covenants; Financial Covenant. From and after the Funding Date (except that Section 6.03 shall apply from and after the Closing Date and Date) until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other Obligations have been paid in full (other than indemnities and other contingent obligations not then due and payable and as to which no claim has been made) and all Letters of Credit have expired or terminated and all LC Disbursements shall have been reimbursed), the Borrower covenants and agrees with the Lenders that:

Appears in 2 contracts

Samples: Term Loan Agreement (MPLX Lp), Term Loan Agreement (Marathon Petroleum Corp)

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