POSITIVE AND NEGATIVE COVENANTS Sample Clauses

POSITIVE AND NEGATIVE COVENANTS. BORROWER covenants and agrees that, until the full and final payment of the Liabilities, unless BANK waives compliance in writing:
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POSITIVE AND NEGATIVE COVENANTS. The Accredited is obliged to comply with the following obligations: Before making the credit withdrawal:
POSITIVE AND NEGATIVE COVENANTS. [stamp:] Notary Public 25, PRINCIPAL NOTARY, Xxxxx Xxxxxxxx Xxxxxx, Monterrey, Nuevo Xxxx, Mexico. First District [initials]
POSITIVE AND NEGATIVE COVENANTS. 25 5.1 Positive Covenants 25 5.2 Negative Covenants 30 5.3 Use of Insurance Proceeds 33 ARTICLE 6 SECURITY 33 6.1 Security 33

Related to POSITIVE AND NEGATIVE COVENANTS

  • Positive Covenants The Borrower covenants and agrees that, as long as the Obligations or any part thereof are outstanding or any Bank has any Commitment hereunder, the Borrower will perform and observe the following positive covenants:

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

  • COMPANY'S NEGATIVE COVENANTS Company covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Company shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • 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 or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Negative Covenant Except as otherwise expressly permitted by this Agreement, between the date of this Agreement and the Closing Date, Sellers will not, and will cause the Company not to, without the prior consent of Buyer, take any affirmative action, or fail to take any reasonable action within their or its control, as a result of which any of the changes or events listed in Section 3.16 is likely to occur.

  • Borrower Negative Covenants Borrower covenants and agrees with Lender that:

  • Additional Negative Covenants Not to, without the Bank's written consent:

  • Certain Negative Covenants Each of the Borrowers covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any obligations to issue, extend or renew any Letters of Credit:

  • BORROWER'S NEGATIVE COVENANTS Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Protective Covenants In consideration of the Award granted under this Agreement, the Grantee covenants and agrees as follows (the “Protective Covenants”):

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