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 (or have been cash collateralized in the manner reasonably satisfactory to the applicable Issuing Bank or with respect to which other arrangements have been made that are satisfactory to the applicable Issuing Bank) and all LC Disbursements shall have been reimbursed, each Loan Party covenants and agrees with the Lenders that:

Appears in 5 contracts

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

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