Common use of NEGATIVE COVENANTS OF BORROWERS Clause in Contracts

NEGATIVE COVENANTS OF BORROWERS. So long as any Lender shall have any Commitment hereunder, any Loan or interest thereon or any fee hereunder shall remain unpaid or unsatisfied, or any Letter of Credit or L/C Obligation shall remain outstanding, the U.S. Borrower shall not, nor shall it permit any Restricted Subsidiary to, directly or indirectly:

Appears in 2 contracts

Samples: Credit Agreement (Devon Energy Corp/De), Credit Agreement (Devon Energy Corp/De)

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NEGATIVE COVENANTS OF BORROWERS. So long as any Lender shall have any Commitment hereunder, any Loan or interest thereon or any fee hereunder shall remain unpaid or unsatisfied, or any Letter of Credit or L/C Obligation shall remain outstanding, the U.S. US Borrower shall not, nor shall it permit any Restricted Subsidiary to, directly or indirectly:

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

NEGATIVE COVENANTS OF BORROWERS. So long as any Lender shall have any Commitment hereunder, any Loan or interest thereon or any fee hereunder shall remain unpaid or unsatisfied, or any Letter of Credit or L/C Letter of Credit Obligation shall remain outstanding, the U.S. US Borrower shall not, nor shall it permit any Restricted Subsidiary to, directly or indirectly:

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

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NEGATIVE COVENANTS OF BORROWERS. So long as any Lender shall have any Commitment hereunder, any Loan or interest thereon or any fee hereunder shall remain unpaid or unsatisfied, or any Letter of Credit or L/C Obligation shall remain outstanding, the U.S. Borrower shall not, nor shall it permit any Restricted Subsidiary to, directly or indirectly:

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

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