Negative Covenants of the Parent. Until the Separation Date, the Parent will not violate any of the covenants set forth in Article VI of the Parent Credit Agreement (other than Section 6.08 of the Parent Credit Agreement), each of which is hereby incorporated by this reference.
Negative Covenants of the Parent. At all times from the date hereof to the Final Payout Date, unless the Agent shall otherwise consent in writing:
Negative Covenants of the Parent. So long as any amount in respect of any Note shall remain unpaid, any Lender shall have any Commitment, the Parent will not and will not cause the Borrower to, unless the Required Lenders shall otherwise consent in writing:
Negative Covenants of the Parent. So long as any amount in respect of any Advance shall remain unpaid, any Lender shall have any Commitment or any Obligation (whether contingent or otherwise) shall remain unpaid, the Parent will not and will not cause any other GPU Party to, unless the Required Lenders shall otherwise consent in writing:
(a) Liens, Etc. Create, incur, assume or suffer to exist, or permit any Utility Subsidiary to create, incur, assume or suffer to exist, any mortgage, deed of trust, pledge, lien, security interest or other charge or encumbrance, or any other type of preferential arrangement, upon or with respect to any of such GPU Party's properties or rights, whether now owned or hereafter acquired (any of the foregoing being referred to herein as a "Lien"), or assign any right to receive income, services or property, except that the foregoing restrictions shall not apply to any such assignments in connection with the issuance of Securitization Securities not exceeding $900,000,000 at any time outstanding or to Liens: 87
(i) existing on the date hereof;
(ii) created to secure any Indebtedness of a GPU Party under any agreement or other document listed on Schedule I hereto and any extensions, renewals or refinancing of any such Indebtedness, provided that, in connection with any such extension, renewal or refinancing, the principal amount of such Indebtedness shall not be increased; provided, further, however, that no Lien created to secure any such Indebtedness shall extend to or cover property of any type which is excluded therefrom on the date hereof;
(iii) for taxes, assessments or governmental charges or levies on property of such GPU Party if the same shall not at the time be delinquent or thereafter can be paid without penalty, or are being contested in good faith and by appropriate proceedings;
(iv) imposed by law, such as carriers', warehousemen's and mechanics' Liens and other similar Liens arising in the ordinary course of business;
(v) arising out of pledges or deposits (A) under worker's compensation laws, unemployment insurance, or other social security, or similar legislation, or (B) to secure the performance of bids, tenders, contracts (other than contracts for the payment of money), leases, surety or similar bonds or other similar obligations, in each case under this clause (B) made in the ordinary course of business in an amount not to exceed $15,000,000 in the aggregate for all GPU Parties at any one time outstanding;
(vi) arising out of purchase money m...
Negative Covenants of the Parent. Until the date on which this Agreement terminates in accordance with its terms, the Parent hereby covenants that:
(a) NAME CHANGE, OFFICES AND RECORDS. The Parent will not change its (i) state of organization, (ii) name, (iii) identity or structure (within the meaning of Article 9 of any applicable enactment of the UCC) or relocate its chief executive office at any time while the location of its chief executive office is relevant to the perfection of the SPV's interest in the Receivables or the associated Related Security and Collections or any office where Records are kept unless it shall have: (A) given the SPV (or its assigns) at least thirty (30) days' prior written notice thereof and (B) delivered to the SPV (or its assigns) all financing statements, instruments and other documents requested by the SPV (or its assigns) in connection with such change or relocation.
Negative Covenants of the Parent. So long as any amount in respect of any Note shall remain unpaid or any Lender shall have any Commitment, the Parent will not, without the written consent of the Majority Lenders:
Negative Covenants of the Parent. The Parent hereby agrees that, so long as the Commitments remain in effect or any Loan or other amount is owing to any Lender or the Administrative Agent hereunder, the Parent shall not, directly or indirectly:
Negative Covenants of the Parent. Until the Obligations shall be paid and performed in full and Lender shall not have any Commitment under this Agreement, the Parent shall not do the following:
Negative Covenants of the Parent. For so long as the Commitments shall be in effect or any obligations shall remain outstanding or unpaid under the Loan Documents, unless the Lenders or Required Lenders (as applicable) shall otherwise consent in writing, the Parent agrees that it will not, nor will it permit any of its Subsidiaries to, directly or indirectly:
Negative Covenants of the Parent. The Parent covenants and agrees that, so long as any portion of the Commitments under this Agreement shall be in effect and until payment, in full, of the Loans, with interest accrued and unpaid thereon, all other Obligations (other than (i) contingent indemnification obligations for which no claim has been made and (ii) Obligations in respect of Letters of Credit that have been cancelled, backstopped, expired or cash collateralized in accordance with the provisions of Section 2.8(a) hereof, or to which other arrangements have been made, in each case, in a manner reasonably satisfactory to the Issuing Lender and the Agent) and all other amounts due hereunder, the Parent will not do, and will not permit any Subsidiary to do, any of the following:
