Negative Covenants of the Sellers. Each Seller covenants and agrees that, without the prior written consent of the Purchaser, from and after the Closing Date and until the earlier of the Redemption Date or the Class C Maturity Date:
Negative Covenants of the Sellers. Except as expressly contemplated by this Agreement, between the date hereof and the Closing, unless Purchaser Parent otherwise agrees in writing, Seller Parent shall not and shall cause each other Seller and each Subsidiary to not:
(a) take any action that would require disclosure under Section 6.8;
(b) enter into any transaction with any Insider who works principally on the Business, or make or grant any increase in any compensation of any employee or officer who works principally on the Business or make or grant any increase in any employee benefit plan, incentive arrangement, or other benefit covering any of the employees of the Sellers who work principally on the Business, except in the Ordinary Course of Business;
(c) establish, amend or contribute to any pension, retirement, profit sharing, or stock bonus plan or multiemployer plan covering any of the employees of the Sellers or the Subsidiaries who work principally on the Business, except as required by law or in the Ordinary Course of Business;
(d) except as specifically contemplated by this Agreement, enter into any contract, agreement, or transaction which directly relates to the Business, other than in the Ordinary Course of Business and at arm’s length, with unaffiliated Persons;
(e) sell, transfer, contribute, distribute, or otherwise dispose of any of the Purchased Assets (or interests in any of the Purchased Assets) or, except as provided in Section 10.4(c) with respect to a Superior Proposal, agree to do any of the foregoing, solicit any Person, or negotiate or have any discussions with any Person with respect to any of the foregoing;
(f) enter into any amendments, extensions, renewals or other modifications with respect to any Assigned Contract, including, without limitation, any of the Real Property Leases, other than in the Ordinary Course of Business;
(g) take any action or enter into any agreement that could reasonably be expected to jeopardize or delay in any material respect the receipt of any requisite regulatory approval; or
(h) commit, or enter into any agreement (oral or written) to do, any of the foregoing.
Negative Covenants of the Sellers. From the date hereof until the Final Payout Date, no Seller shall:
Negative Covenants of the Sellers. From the date hereof until the Final Payout Date, the Sellers shall not, without the prior written consent of the Administrative Agent and the Majority Group Agents, do or permit to occur any act or circumstance that they have covenanted not to do in any Transaction Document to which they are a party in any capacity, or:
Negative Covenants of the Sellers. From the date hereof until the Collection Date, each Seller hereby covenants and agrees as to itself and the Collateral in which it has an interest, as follows:
Negative Covenants of the Sellers. On and as of the date of this Agreement and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, each Seller covenants for itself that:
Negative Covenants of the Sellers. Each Seller covenants and agrees as to itself, severally and not jointly, that without the prior written consent of Buyer, from and after the date hereof and until the Termination Date:
Negative Covenants of the Sellers. Each Seller covenants, jointly and severally, that, throughout the period commencing on the date hereof and ending on the Closing Date, unless the Buyer shall have otherwise consented in writing, FCES will not:
(a) Material Commitments. Enter into or institute any material Commitment or any material employment contract or other agreement that is not in the normal course of the Business or, except as required by applicable law or regulation, renew, amend or modify any such contract or agreement now in existence; and
Negative Covenants of the Sellers. From the Initial Purchase Date until the date following the Facility Termination Date on which all of the Transferred Receivables are either collected in full or become Defaulted Receivables, each Seller will not, without the written consent of the Purchaser:
Negative Covenants of the Sellers. Until the later of (i) the Termination Date and (ii) the date on which no Capital of any Receivable Interest shall be outstanding and all amounts payable by the Buyer under the Purchase Agreements shall have been paid in full, each Seller agrees that it shall not, without the prior written consent of the Buyer and the Majority Managing Agents and the Majority Purchaser Groups (in the case of subsection (c) below, the prior written consent of all the Managing Agents and all the Purchaser Groups):
