Common use of Negative Covenants of the Parent Guarantors Clause in Contracts

Negative Covenants of the Parent Guarantors. Each of the Parent Guarantors hereby covenants and agrees to comply with each of the covenants set forth in Section 9.04(b)(ii), Section 9.04(c), Section 9.09, Section 9.14, Section 9.16, Section 9.21(b), and Section 9.22, as if each reference to “the Borrower” were a reference to “such Parent Guarantor”; provided, however, that, so long as the aggregate balance held in all Deposit Accounts, Securities Accounts and Commodity Accounts of the Parent Guarantors does not at any time exceed $500,000, the Parent Guarantors shall be under no obligation with respect to Section 9.22 prior to the 30th day following the Ninth Amendment Effective Date (or such later date as the Administrative Agent may agree to in its sole discretion).

Negative Covenants of the Parent Guarantors. Each of the Parent Guarantors hereby covenants and agrees to comply with each of the covenants set forth in Section 9.04(b)(ii), Section 9.04(c), Section 9.09, Section 9.14, Section 9.16, Section 9.21(b), 9.16 and Section 9.229.19, as if each reference to “the Borrower” were a reference to “such Parent Guarantor”; provided, however, that, so long as the aggregate balance held in all Deposit Accounts, Securities Accounts and Commodity Accounts of the Parent Guarantors does not at any time exceed $500,000, the Parent Guarantors shall be under no obligation with respect to Section 9.22 9.19 prior to the 30th day following the Ninth Amendment Effective Date (or such later date as the Administrative Agent Majority Lenders may agree to in its their sole discretion).