Payment of Taxes; Corporate Existence; Maintenance of Properties. The Company will, and will cause each of its Subsidiaries to,
Payment of Taxes; Corporate Existence; Maintenance of Properties. Obligors shall:
Payment of Taxes; Corporate Existence; Maintenance of Properties. Borrower will:
Payment of Taxes; Corporate Existence; Maintenance of Properties. Each Borrower will, and will cause any and all of its Subsidiaries to:
Payment of Taxes; Corporate Existence; Maintenance of Properties. The Company will pay and discharge promptly or cause to be paid and discharged promptly all taxes, assessments and governmental charges or levies imposed upon its income or profits or upon any of its property, real, personal or mixed, or upon any part thereof, before the same shall become in default, as well as all lawful claims for labor, materials and supplies which, if unpaid, might by law become a lien or charge upon its property; provided, however, that the Company shall not be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and if the Company shall have set aside on its books reserves (provided for and segregated to the extent required by generally accepted accounting principles) deemed by it adequate with respect thereto;
Payment of Taxes; Corporate Existence; Maintenance of Properties. The Issuer shall:
Payment of Taxes; Corporate Existence; Maintenance of Properties. Insurance 69 (e) Accountants 70 (f) ERISA Compliance 70 (g) Maintenance of Books and Records 71 (h) Further Assurances 71 (i) Financial Covenants 71 (j) Compliance with Law 72 (k) Notices 72 (l) Protection of Collateral 74 (m) Compliance with Environmental Laws 74 7.2 Negative Covenants of Borrowers 75 (a) Limitations on Liens 75 (b) Sale of Property 75 (c) Mergers and Consolidations 75 (d) Acquisitions 76 (e) Fiscal Year 76 (f) Stock Redemptions and Distributions 76 (g) Transactions with Related Parties 76 (h) Loans and Investments 76 (i) Dissolution or Liquidation 77 (j) Change in Nature of Business 77 (k) Pension Plans 77 (l) Limitation on Indebtedness 77 (m) Limitation on Stock Offerings 78 7.3 Use of Proceeds 78 SECTION 8. EVENTS OF DEFAULT 78 SECTION 9. THE AGENT 81 9.1 Appointment and Authorization 81 9.2 Agent and Affiliates 81 9.3 Action By Agent 82 9.4 Consultation with Experts 82 9.5 Liability of Agent 82 9.6 Indemnification 82 9.7 Credit Decision 82 9.8 Resignation of Agent 83 9.9 Removal of Agent 83 SECTION 10. GENERAL 83 10.1 No Waiver 83 10.2 Right of Setoff 84 10.3 Cost and Expenses 84 10.4 Environmental Indemnity 84 10.5 General Indemnity 85 iii
Payment of Taxes; Corporate Existence; Maintenance of Properties. The Company will, as to itself, and will cause HCL to:
Payment of Taxes; Corporate Existence; Maintenance of Properties. Compliance with Laws; Lines of Business; Proprietary Rights. Each of the Holding ----------------------------------------------------------- Companies will, and will cause each of its respective Subsidiaries to:
Payment of Taxes; Corporate Existence; Maintenance of Properties. The Company covenants that it will, and will cause each of its Subsidiaries to: