NEGATIVE COVENANTS OF CARDINAL Sample Clauses

NEGATIVE COVENANTS OF CARDINAL. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of YVB shall have been obtained, which consent shall not be unreasonably withheld, and except as otherwise expressly contemplated herein, Cardinal covenants and agrees that it will not do or agree or commit to do or permit any Cardinal Entity to agree or commit to do any of the following:
Sample 1
AutoNDA by SimpleDocs
NEGATIVE COVENANTS OF CARDINAL. Except as contemplated hereby, from the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, Cardinal covenants and agrees that it will not do or agree or commit to do, or permit any of its Subsidiaries to do or agree or commit to do, any of the following without the prior written consent of the chief executive officer of Area, which consent shall not be unreasonably withheld:
Sample 1
NEGATIVE COVENANTS OF CARDINAL. Cardinal hereby covenants and agrees that, between the date hereof and the Effective Time, without the prior written consent and authorization of MFC's President or Chief Financial Officer:
Sample 1

Related to NEGATIVE COVENANTS OF CARDINAL

  • NEGATIVE COVENANTS So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly:

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

  • Negative Covenants of the Company Except as expressly contemplated by this Agreement or otherwise consented to in writing by Buyer, from the date of this Agreement until the Effective Time, the Company will not do any of the following:

  • Negative Covenant Except as otherwise expressly permitted by this Agreement, between the date of this Agreement and the Closing Date, Sellers will not, and will cause the Company not to, without the prior consent of Buyer, take any affirmative action, or fail to take any reasonable action within their or its control, as a result of which any of the changes or events listed in Section 3.16 is likely to occur.

  • Negative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Negative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

  • NEGATIVE COVENANTS OF BORROWER Borrower agrees that so long as it is indebted to Bank, or so long as Bank has any obligation to extend credit to Borrower, it will not, without Bank's written consent:

  • Negative Covenants of the Seller From the date hereof until the Collection Date:

  • NEGATIVE COVENANTS OF THE BORROWERS Until such time as all amounts of principal and interest due to the Bank by a Borrower pursuant to any Loan made to such Borrower is irrevocably paid in full, and until the Bank is no longer obligated to make Loans to such Borrower, such Borrower (for itself and on behalf of its respective Funds) agrees:

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!