Common use of NEGATIVE COVENANTS Clause in Contracts

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of Holdings and the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees and other amounts payable hereunder under the Loan Documents shall have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized or backstopped expired and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders Credit Parties that:

NEGATIVE COVENANTS. Until all the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, expired or been terminated, Cash Collateralized or backstopped cancelled and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Parent Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower (other than with respect to Section 7.18) and the Holding Company (solely with respect to each of the Designated SBG Subsidiaries and Section 7.18) covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit shall have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower each Obligor covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and the cancellation or expiration or Cash Collateralization of all Letters of Credit have expired, been terminated, on terms reasonably satisfactory to the applicable Issuing Bank in an amount equal to the Agreed L/C Cash Collateralized or backstopped and Collateral Amount of all LC Disbursements shall have been reimbursedLetter of Credit Usage, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements Reimbursement Obligations shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants Borrowers covenant and agrees agree with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower each Loan Party covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until From and after the Effective Date and until the Aggregate Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each Borrower, solely with respect to itself, and to the Borrower extent set forth below, its Subsidiaries, covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Loan Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Letter of Credit Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments and all Letters of Credit have expired or terminated and the principal of and interest on each Loan and each Unreimbursed Amount and all interest and fees payable hereunder have been paid in full and all Letters of Credit have expiredfull, been terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder (other than contingent amounts not yet due) under any Loan Document have been paid in full and all Letters of Credit have expired, expired or been terminated, Cash Collateralized or backstopped terminated and all LC Disbursements shall have been reimbursed, the each of Holdings and each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and been terminated, the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full full, and all Letters the Letter of Credit shall have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Revolving Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated (or cash collateralized in accordance with Sections 2.05(k) and 2.09(a)) and all LC Disbursements (if the related Letters of Credit have not been so cash collateralized) shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and terminated, the principal of and interest on each Loan and all fees payable hereunder have been paid in full and full, all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower Account Parties covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in cash in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until From and after the Effective Date and until the Aggregate Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Borrower, solely with respect to itself, and to the extent set forth below, its Subsidiaries, covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments shall have expired or been terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder under this Agreement or any other Loan Document have been paid in full (other than contingent amounts not yet due) and all Letters of Credit have expiredexpired or been terminated or shall have been backstopped or cash collateralized (in each case, been terminated, Cash Collateralized or backstopped in a manner reasonably satisfactory to the applicable Issuing Bank) and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents then outstanding have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Revolving Commitments have expired or terminated and the principal of and interest on each Loan and all fees then payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements drawn L/C Obligations shall have been reimbursed, the Parent Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder under any Loan Document have been paid in full in cash and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants Loan Parties covenant and agrees agree, jointly and severally, with the Lenders that:

NEGATIVE COVENANTS. Until the all Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and full, all Letters of Credit shall have expired, been expired or terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees Fees and other amounts payable hereunder or under any other Loan Document have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower covenants Loan Parties and agrees their respective Subsidiaries agree with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, terminated or been terminated, Cash Collateralized or backstopped and all LC L/C Disbursements shall have been reimbursed, the Parent and each Borrower covenants covenant and agrees agree with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expiredexpired or terminated or fully cash collateralized or supported by a backstop letter of credit, been terminatedin either case, Cash Collateralized or backstopped in a manner reasonably satisfactory to the applicable Issuing Bank and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until From and after the Closing Date and until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit and Acceptances have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the each Borrower (on behalf of itself and each of its Subsidiaries) covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements Unreimbursed Amounts shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Company and the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have (x) expired, (y) been terminated, or (z) been Cash Collateralized as set forth herein or backstopped in a manner satisfactory to the Administrative Agent and the Issuing Banks in their sole discretion, and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders thatthat it will not:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, terminated or been terminated, Cash Collateralized cancelled (or backstopped the Borrower’s obligation under such Letters of Credit shall have been cash collateralized or supported by letters of credit of other banks naming the Issuing Banks as beneficiaries in a manner satisfactory to the Issuing Banks) and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized backstopped or backstopped cash collateralized in a manner consistent with the requirements in Section 2.07(k) and all LC Disbursements shall have been reimbursed, the Borrower (on behalf of itself and each of its Subsidiaries) covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Total Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower Obligors covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder (other than contingent amounts not yet due) under any Loan Document have been paid in full and all Letters of Credit have expired, expired or been terminated, Cash Collateralized or backstopped terminated and all LC Disbursements shall have been reimbursed, each of Holdings and the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired (without any pending drawings thereon) or backstopped terminated (or cash collateralized) and all LC Disbursements shall have been reimbursed, each of Parent Guarantor and the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees Fees and other amounts payable hereunder or under any other Loan Document have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower covenants and Loan Parties agrees with the Lenders that:

NEGATIVE COVENANTS. Until From the Closing Date until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated (or other arrangements satisfactory to the applicable Issuing Bank made with respect thereto) and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and accrued interest on each Loan and all fees payable hereunder (other than Unasserted Contingent Obligations) have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other Obligations payable hereunder and under the other Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders thatthat it will not, and will not cause or permit any of its Subsidiaries to:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, expired or terminated (or are Cash Collateralized or backstopped Collateralized) and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit shall have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit shall have expired, been expired or terminated, Cash Collateralized or have been cash collateralized or backstopped in a manner satisfactory to the applicable Issuing Lender in its sole discretion, and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until all the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other amounts payable hereunder have been paid in full and in cash, all Letters of Credit have expiredexpired or been cancelled, been terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursedreimbursed in cash, and all other obligations hereunder and under the other Loan Documents (other than unasserted claims for indemnity) have been paid and satisfied in full and in cash, each Borrower jointly and severally covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Revolving Credit Commitments have expired or terminated and all of the Obligations have been paid and satisfied in full in cash (including the principal of and interest on each Loan and all fees payable hereunder have been paid in full hereunder) and all Letters of Credit shall have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursedreimbursed or Cash Collateralized, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other Obligations (other than contingent obligations as to which no claim has been made) payable hereunder have been paid in full and all Letters of Credit have expired, been expired or terminated, in each case, without any pending draw, or shall have been Cash Collateralized or backstopped in an amount not less than the Minimum Collateral Amount, and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, expired or been terminated, Cash Collateralized or backstopped cancelled and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit shall have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower (and as specified in Section 6.07, the Parent Guarantor) covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Revolving Commitments have expired or been terminated and the principal of and interest on each Loan and all fees and other amounts payable hereunder under the Loan Documents shall have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized or backstopped expired and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other Obligations payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC L/C Disbursements shall have been reimbursed, each of the Borrower Borrowers covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other Obligations payable hereunder have been paid in full and all Letters of Credit have expired, been expired or terminated, Cash Collateralized or backstopped in each case, without any pending draw, and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder under any Loan Document have been paid in full and all Letters of Credit have expired, expired or terminated or been terminated, Cash Collateralized or backstopped cash collateralized and all LC Disbursements shall have been reimbursedreimbursed (or cash collateralized on terms reasonably acceptable to the Administrative Agent), the Borrower covenants Loan Parties covenant and agrees agree, jointly and severally, with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder Obligations have been paid in full and all Letters of Credit shall have expired, been expired or terminated, Cash Collateralized in each case without any pending draw, or backstopped all such Letters of Credit shall have been cash collateralized to the satisfaction of each Issuing Bank, and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder (other than contingent amounts not yet due) under any Loan Document have been paid in full and all Letters of Credit have expired, expired or have been terminated, Cash Collateralized or backstopped terminated (without any pending drawing thereon) and all LC Disbursements shall have been reimbursed), the Borrower covenants and agrees with the Lenders and the Issuing Banks that:

NEGATIVE COVENANTS. Until From the Closing Date until the Commitments have expired or terminated and the principal of and interest on each Loan (other than, with respect to Section 6.09 only, Excluded Term Loans) and all fees payable hereunder have been paid in full and all Letters of Credit have expired, expired or terminated or been terminated, Cash Collateralized cash collateralized or otherwise backstopped on terms satisfactory to the Issuing Bank and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower and the Parent Guarantor covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents shall have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and terminated, the principal of and interest on each Loan and all fees payable hereunder have been paid in full and full, all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been expired or terminated, Cash Collateralized or backstopped in each case, without any pending draw, and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders thatthat the Borrower will not, and will not permit any of the Subsidiaries to:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expiredexpired or terminated (or, as to any outstanding Letters of Credit, such Letters of Credit shall have been terminated, Cash Collateralized fully cash collateralized or backstopped backed by standby letters of credit reasonably acceptable to the Issuing Bank) and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower and the Parent covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower ODEC covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, terminated or been terminated, Cash Collateralized or backstopped and all LC L/C Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, expired or terminated (or are Cash Collateralized or backstopped Collateralized) and all LC Disbursements shall have been reimbursed, the Borrower covenants covenant and agrees agree with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full full, and all Letters of Credit have expired, expired or been terminated, Cash Collateralized or backstopped terminated and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, Parent and the Borrower covenants Borrowers jointly and agrees severally covenant and agree with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other amounts payable hereunder or under any other Loan Document have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been expired or terminated, Cash Collateralized or backstopped in each case without any pending draw, and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit shall have expired, terminated or been terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Issuing Lender and the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, each of the Borrower and (to the extent that the Parent is not the Borrower) the Parent covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower each Loan Party covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder and all other amounts payable under the Loan Documents have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower (and each Parent Guarantor, in the case of Section 9.01, Section 9.04(a), Section 9.21, Section 9.22 and Section 9.23) covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until From and after the Closing Date and until the Aggregate Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Borrower, solely with respect to itself, and to the extent set forth below, its Subsidiaries, covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or have been terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, expired or have been terminated, Cash Collateralized or backstopped terminated and all LC L/C Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Agent and the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees Fees and other amounts payable hereunder or under any other Loan Document have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and each B/A and all fees payable hereunder have been paid in full and all Letters of Credit have expired, expired or been terminated, Cash Collateralized or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, terminated or been terminated, Cash Collateralized or backstopped cash collateralized in accordance with Section 2.09(a) and all LC Disbursements shall have been reimbursedreimbursed (if the related Letters of Credit have not been so Cash Collateralized), the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements L/C Credit Extensions shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the each Borrower (on behalf of itself and each of its Subsidiaries) covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees and other amounts payable hereunder or under any other Loan Document have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower each Loan Party, jointly and severally, covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees and other amounts payable hereunder (other than contingent or indemnification obligations not then due) shall have been paid in full in cash and all Letters of Credit have expired, expired (or have been terminated, Cash Collateralized cash collateralized or backstopped otherwise provided for in full in a manner reasonably satisfactory to the Issuing Bank) and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders Credit Parties that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursedreimbursed or covered, the Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized backstopped or backstopped cash collateralized in a manner consistent with the requirements in Section 2.07(k) and all LC Disbursements shall have been reimbursed, the Borrower each Loan Party covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower AXIS Capital covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and been terminated, the principal of and interest on each Loan and all fees Fees payable hereunder have been paid in full and full, all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Equistar covenants and agrees with the Lenders thatthat it will not, and will not permit any of its Material Subsidiaries, either directly or indirectly, to:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, expired or terminated or have been terminated, Cash Collateralized or backstopped cash collateralized (to the satisfaction of the Issuing Banks) and all LC Disbursements shall have been reimbursed, each of the Borrower Holding Companies and the Borrowers covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders Administrative Agent, the Syndication Agents, the Documentation Agent, the Issuing Bank and each Lender that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the each Borrower covenants and agrees with the Administrative Agent and the Lenders that:

NEGATIVE COVENANTS. Until the Revolving Commitments have expired or terminated and the principal of and interest on each Loan and all fees fees, expenses and other amounts payable hereunder under any Loan Document have been paid in full (other than Unliquidated Obligations) and all Letters of Credit have expired, expired or terminated (or have been terminated, Cash Collateralized or backstopped cash collateralized in accordance with the provisions hereof) and all LC Disbursements shall have been reimbursed, the Borrower covenants Loan Parties covenant and agrees agree, jointly and severally, with the Lenders that:

NEGATIVE COVENANTS. Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, terminated or been terminated, Cash Collateralized or backstopped and all LC Disbursements shall have been reimbursed, the Parent and each Borrower covenants and agrees with the Lenders that:

NEGATIVE COVENANTS. Until During the period commencing on and including the Effective Date and until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired, been terminated, Cash Collateralized expired or backstopped terminated and all LC Disbursements shall have been reimbursed, the Borrower Company covenants and agrees with the Lenders that: