Common use of New Covenants Clause in Contracts

New Covenants. On or before January 31 of each year, the Borrowers and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 and 7.11 for periods after such date. The new covenant levels will be based on the Borrowers' projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearDecember 31, 2000, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.147.4(a)(v), 6.15 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels. An Event of Default shall occur if the new covenants are not agreed to by the above date.

New Covenants. On or before January 31 of each yearMay 31, 2000, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 and 7.11 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels."

New Covenants. On or before January 31 of each yearMarch 31, the Borrowers and the 2003, Lender shall agree on set new covenant levels for Sections 6.12, 6.13, 6.14, 6.14 and 6.15 and 7.11 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods received by Lender pursuant to Section 6.1(e) and shall be no less stringent than the present levels."

New Covenants. On or before January 31 of each yearFebruary 28, 1998, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.15, 7.10 and 7.11 for periods after such dateApril 1998. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearNovember 30, 1998, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.13 and 7.11 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearDecember 31, the Borrowers and the 2000, Lender shall agree on set new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.15, and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods received by Lender pursuant to Section 6.1(d) and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearNovember 30, 2003, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.126.16, 6.136.17, 6.14, 6.15 6.18 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower’s projections for such periods and shall will be no less stringent than set by the present levelsLender in accordance with past practices.

New Covenants. On or before January 31 of each yearAugust 31, 2000, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 and 7.11 Section 6.7 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearNovember 30, 2001, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.14 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower’s projections for such periods and shall be no less stringent than the present levels., but if the Borrower and the Lender do not agree, the Lender may designate the required amounts in its sole discretion and the failure by the Borrower to maintain the designated amounts shall constitute an Event of Default. 26

New Covenants. On or before January 31 of each yearJuly 31, the Borrowers 2000, The Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.14 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearMarch 31, the Borrowers and the 2001 Lender shall agree on ------------- set new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.13 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods received by Lender pursuant to Section 6.1(c) and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearJuly 31, 2000, the Borrowers Borrower and the Lender shall agree on new mutually acceptable covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.13 and 7.11 6.14 for periods after such date. The new covenant levels will be based on at such a level as to require the Borrowers' projections for such periods Borrower to maintain sufficient cash flow to service its Debt and shall be no less stringent than the present levelscapital expenditures.

New Covenants. On or before January 31 of each yearNovember 30, 2003, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.126.15, 6.136.16, 6.14, 6.15 6.17 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower’s projections for such periods and shall will be no less stringent than set by the present levelsLender in accordance with past practices.

New Covenants. On or before January 31 of each yearMarch 31, 2000, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, and 6.15 and 7.11 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearNovember 30, 2002, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.14 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower’s projections for such periods and shall be no less stringent than the present levels, but if the Borrower and the Lender do not agree, the Lender may designate the required amounts in its sole discretion and the failure by the Borrower to maintain the designated amounts shall constitute an Event of Default.”

New Covenants. On or before January 31 of each year31, the Borrowers 1998, The Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearNovember 30, 2004, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.126.16, 6.136.17, 6.14, 6.15 6.18 and 7.11 7.10 for periods after such date. The new covenant levels will be based on the Borrowers' Borrower’s projections for such periods and shall will be no less stringent than set by the present levelsLender in accordance with past practices.

New Covenants. On or before January 31 of each yearDecember 31, 2000, the Borrowers and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.14 and 7.11 for periods after such date. The new covenant levels will be based on the Borrowers' projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearOctober 15, 2000, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 6.13 and 7.11 7.10 for periods after such dateJune 30, 2000. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.

New Covenants. On or before January 31 of each yearApril 30, 1999, the Borrowers Borrower and the Lender shall agree on new covenant levels for Sections 6.12, 6.13, 6.14, 6.15 and 7.11 7.10 for periods after such dateDecember 31, 1998. The new covenant levels will be based on the Borrowers' Borrower's projections for such periods and shall be no less stringent than the present levels.