Common use of Negative Covenants of the Canadian Borrower Clause in Contracts

Negative Covenants of the Canadian Borrower. So long as any Obligation is outstanding or any Credit Facility is available hereunder, the Canadian Borrower covenants and agrees with each of the Lenders and the Agent that, unless (subject to Section 16.10) a Majority of the Lenders otherwise consent in writing:

Appears in 3 contracts

Samples: Credit Facilities (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

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Negative Covenants of the Canadian Borrower. So long as any Obligation is outstanding (other than those obligations which by their terms survive the termination and cancellation of this Agreement and the Credit Facilities) or either any Credit Facility is available hereunder, the Canadian Borrower covenants and agrees with each of the Lenders and the Agent that, unless (subject to Section 16.10) a Majority of the Lenders otherwise consent in writing:

Appears in 1 contract

Samples: Credit Agreement (Enerflex Ltd.)

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