REPRESENTATIONS AND WARRANTIES 51. Section 4.1. Existence; Power 51 Section 4.2. Organizational Power; Authorization 51 Section 4.3. Governmental Approvals; No Conflicts 51 Section 4.4. Financial Statements 52 Section 4.5. Litigation and Environmental Matters 53 Section 4.6. Compliance with Laws and Agreements 53 Section 4.7. Investment Company Act, Etc. 53 Section 4.8. Taxes 53 Section 4.9. Margin Regulations 53 Section 4.10. ERISA 54 Section 4.11. Ownership of Property 54 Section 4.12. Disclosure 54 Section 4.13. Labor Relations 55 Section 4.14. Subsidiaries 55 Section 4.15. Insolvency 55 Section 4.16. Representations and Warranties Relating to Accounts 55 Section 4.17. Acquisition Agreement 56 ARTICLE V AFFIRMATIVE COVENANTS 56 Section 5.1. Financial Statements and Other Information 56 Section 5.2. Notices of Material Events 58 Section 5.3. Existence; Conduct of Business 58 Section 5.4. Compliance with Laws, Etc. 58 Section 5.5. Payment of Obligations 59 Section 5.6. Books and Records 59 Section 5.7. Visitation, Inspection, Etc. 59 Section 5.8. Maintenance of Properties; Insurance 59 Section 5.9. Use of Proceeds and Letters of Credit 60 Section 5.10. Interest Rate Protection 60 Section 5.11. Cash Management 60 Section 5.12. Additional Subsidiaries. 61 Section 5.13. Additional Real Estate, Leased Locations 62 ARTICLE VI FINANCIAL COVENANTS 65 Section 6.1. Leverage Ratio 65 Section 6.2. Fixed Charge Coverage Ratio 65 Section 6.3. Minimum Excess Availability 65 Section 6.4. Minimum Cash Balance 65 Section 6.5. Minimum Consolidated Adjusted EBITDA 65 ARTICLE VII NEGATIVE COVENANTS 65 Section 7.1. Indebtedness and Preferred Equity. 65 Section 7.2. Negative Pledge 67 Section 7.3. Fundamental Changes 68 Section 7.4. Investments, Loans, Etc. 68 Section 7.5. Restricted Payments 69 Section 7.6. Sale of Assets 70 Section 7.7. Transactions with Affiliates 70 Section 7.8. Restrictive Agreements 71 Section 7.9. Sale and Leaseback Transactions 71 Section 7.10. Hedging Transactions 71 Section 7.11. Amendment to Material Documents 71 Section 7.12. Accounting Changes 72 ARTICLE VIII EVENTS OF DEFAULT 72 Section 8.1. Events of Default 72
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
REPRESENTATIONS AND WARRANTIES 51. Section 4.1. Existence; Power 51 Section 4.2. Organizational Power; Authorization 51 Section 4.3. Governmental Approvals; No Conflicts 51 Section 4.4. Financial Statements 52 Section 4.5. Litigation and Environmental Matters 53 Section 4.6. Compliance with Laws and Agreements 53 Section 4.7. Investment Company Act, Etc. 53 Section 4.8. Taxes 53 Section 4.9. Margin Regulations 53 Section 4.10. ERISA 54 Section 4.11. Ownership of Property 54 Section 4.12. Disclosure 54 Section 4.13. Labor Relations 55 Section 4.14. Subsidiaries 55 Section 4.15. Insolvency 55 Section 4.16. 4.01 Representations and Warranties Relating to Accounts 55 Section 4.17. Acquisition Agreement 56 of the Parent and the Borrower 51 Table of Contents (continued) Page ARTICLE V AFFIRMATIVE COVENANTS 56 OF THE BORROWER 54 Section 5.1. Financial Statements and Other Information 56 5.01 Affirmative Covenants 57 Section 5.2. Notices of Material Events 5.02 Negative Covenants 58 Section 5.3. Existence; Conduct of Business 58 Section 5.4. Compliance with Laws, Etc. 58 Section 5.5. Payment of Obligations 59 Section 5.6. Books and Records 59 Section 5.7. Visitation, Inspection, Etc. 59 Section 5.8. Maintenance of Properties; Insurance 59 Section 5.9. Use of Proceeds and Letters of Credit 60 Section 5.10. Interest Rate Protection 60 Section 5.11. Cash Management 60 Section 5.12. Additional Subsidiaries. 5.03 Financial Covenants 61 Section 5.13. Additional Real Estate, Leased Locations 62 ARTICLE VI FINANCIAL COVENANTS 65 Section 6.1. Leverage Ratio 65 Section 6.2. Fixed Charge Coverage Ratio 65 Section 6.3. Minimum Excess Availability 65 Section 6.4. Minimum Cash Balance 65 Section 6.5. Minimum Consolidated Adjusted EBITDA 65 ARTICLE VII NEGATIVE COVENANTS 65 Section 7.1. Indebtedness and Preferred Equity. 65 Section 7.2. Negative Pledge 67 Section 7.3. Fundamental Changes 68 Section 7.4. Investments, Loans, Etc. 68 Section 7.5. Restricted Payments 69 Section 7.6. Sale of Assets 70 Section 7.7. Transactions with Affiliates 70 Section 7.8. Restrictive Agreements 71 Section 7.9. Sale and Leaseback Transactions 71 Section 7.10. Hedging Transactions 71 Section 7.11. Amendment to Material Documents 71 Section 7.12. Accounting Changes 72 ARTICLE VIII EVENTS OF DEFAULT 72 61 Section 8.1. 6.01 Events of Default 7261 Section 6.02 Application of Funds 64 ARTICLE VII ADMINISTRATIVE AGENT 64 Section 7.01 Appointment and Authority 64 Section 7.02 Rights as a Lender 65 Section 7.03 Exculpatory Provisions 65 Section 7.04 Reliance by Administrative Agent 66 Section 7.05 Delegation of Duties 66 Section 7.06 Resignation of Administrative Agent 66 Section 7.07 Non-Reliance on Administrative Agent, the Arrangers and Other Lenders 67 Section 7.08 No Other Duties, Etc 68 Section 7.09 Administrative Agent May File Proofs of Claim 68 Section 7.10 Certain ERISA Matters 69 Section 7.11 Recovery of Erroneous Payments 69 ARTICLE VIII MISCELLANEOUS 70 Section 8.01 Amendments, Etc 70 Section 8.02 Notices; Effectiveness; Electronic Communication 71 Section 8.03 No Waiver; Remedies 73 Section 8.04 Expenses; Indemnity; Damage Waiver 73 Section 8.05 Right of Set-off 75 Section 8.06 Successors and Assigns 75 Section 8.07 Treatment of Certain Information; Confidentiality 79 Section 8.08 Governing Law 80 Section 8.09 Integration; Effectiveness 80 Section 8.10 Survival of Representations and Warranties 80 Section 8.11 Replacement of Lenders; Mitigation Obligations 80 Section 8.12 Jurisdiction, Etc 81 Section 8.13 Judgment 82 Section 8.14 Waiver of Jury Trial 82 Section 8.15 USA PATRIOT Act Notice 83 Table of Contents (continued) Page Section 8.16 Defaulting Lenders 83 Section 8.17 No Advisory or Fiduciary Relationship 85 Section 8.18 Interest Rate Limitation 85 Section 8.19 Severability 85 Section 8.20 Electronic Execution; Electronic Records; Counterparts 86
Appears in 1 contract
Samples: Credit Agreement (Invesco Ltd.)
REPRESENTATIONS AND WARRANTIES 51. Section 4.1. Existence; Power 51 Section 4.2. Organizational Power; Authorization 51 Section 4.3. Governmental Approvals; No Conflicts 51 Section 4.4. Financial Statements 52 Section 4.5. Litigation and Environmental Matters 53 Section 4.6. Compliance with Laws and Agreements 53 Section 4.7. Investment Company Act, Etc. 53 Section 4.8. Taxes 53 Section 4.9. Margin Regulations 53 Section 4.10. ERISA 54 Section 4.11. Ownership of Property 54 Section 4.12. Disclosure 54 Section 4.13. Labor Relations 55 Section 4.14. Subsidiaries 55 Section 4.15. Insolvency 55 Section 4.16. 7.1 Representations and Warranties Relating to Accounts of the Property Trustee and the Delaware Trustee 51 Section 7.2 Representations and Warranties of Depositor 51 ARTICLE VIII The Issuer Trustees 52 Section 8.1 Certain Duties and Responsibilities 52 Section 8.2 Certain Notices 54 Section 8.3 Certain Rights of Property Trustee 55 Section 4.17. Acquisition Agreement 56 ARTICLE V AFFIRMATIVE COVENANTS 56 8.4 Not Responsible for Recitals or Issuance of Securities 57 Section 5.1. Financial Statements 8.5 May Hold Securities 57 Section 8.6 Compensation; Indemnity; Fees 57 Section 8.7 Corporate Property Trustee Required; Eligibility of Issuer Trustees and Other Information 56 Section 5.2. Notices of Material Events Administrative Trustees 58 Section 5.3. Existence8.8 Conflicting Interests 59 Section 8.9 Co-Trustees and Separate Trustee 59 Section 8.10 Resignation and Removal; Conduct Appointment of Successor 60 Section 8.11 Acceptance of Appointment by Successor 61 Section 8.12 Merger, Conversion, Consolidation or Succession to Business 58 62 Section 5.4. 8.13 Preferential Collection of Claims Against Depositor or Issuer Trust 62 Section 8.14 Reports by Property Trustee 62 Section 8.15 Reports to the Property Trustee 63 Section 8.16 Evidence of Compliance with LawsConditions Precedent 63 Section 8.17 Number of Issuer Trustees 63 Section 8.18 Delegation of Power 64 ARTICLE IX Dissolution, Etc. 58 Liquidation and Merger 64 Section 5.5. Payment of Obligations 59 9.1 Perpetual Existence 64 Section 5.6. Books and Records 59 9.2 Early Termination 64 Section 5.7. Visitation, Inspection, Etc. 59 9.3 Dissolution 64 Section 5.8. Maintenance of Properties; Insurance 59 Section 5.9. Use of Proceeds and Letters of Credit 60 Section 5.10. Interest Rate Protection 60 Section 5.11. Cash Management 60 Section 5.12. Additional Subsidiaries. 61 Section 5.13. Additional Real Estate, Leased Locations 62 ARTICLE VI FINANCIAL COVENANTS 9.4 Liquidation 65 Section 6.1. Leverage Ratio 65 Section 6.2. Fixed Charge Coverage Ratio 65 Section 6.3. Minimum Excess Availability 65 Section 6.4. Minimum Cash Balance 65 Section 6.5. Minimum Consolidated Adjusted EBITDA 65 9.5 Mergers, Consolidations, Amalgamations or Replacements of Issuer Trust 66 ARTICLE VII NEGATIVE COVENANTS 65 Section 7.1. Indebtedness and Preferred Equity. 65 Section 7.2. Negative Pledge X Qualifying Treasury Securities 67 Section 7.3. Fundamental Changes 10.1 Qualifying Treasury Securities 67 ARTICLE XI Other PPS Related Provisions 68 Section 7.4. Investments, Loans, Etc. 11.1 Agreed Tax Treatment 68 ARTICLE XII Miscellaneous Provisions 68 Section 7.5. Restricted Payments 12.1 Limitation of Rights of Holders 68 Section 12.2 Amendment 69 Section 7.6. Sale of Assets 12.3 Separability Clause 70 Section 7.7. Transactions with Affiliates 70 Section 7.8. Restrictive Agreements 12.4 Governing Law 71 Section 7.9. Sale and Leaseback Transactions 12.5 Payments Due on Non-Business Day 71 Section 7.10. Hedging Transactions 12.6 Successors and Assigns 71 Section 7.11. Amendment to Material Documents 12.7 Effect of Headings and Table of Contents 71 Section 7.12. Accounting Changes 72 ARTICLE VIII EVENTS OF DEFAULT 12.8 Reports, Notices and Demands 71 Section 12.9 Agreement Not to Petition 72 Section 8.112.10 Trust Indenture Act; Conflict with Trust Indenture Act 72 Section 12.11 Acceptance of Terms of Trust Agreement, Guarantee Agreement and Indenture 72 Section 12.12 Force Majeure 73 Section 12.13 Waiver of Jury Trial 73 Section 12.14 Counterparts 73 EXHIBITS: Exhibit A – Form of Capital PPS Certificate Exhibit B – Form of Common Securities Certificate Exhibit C – Form of Normal PPS Certificate Exhibit D – Form of Stripped PPS Certificate This AMENDED AND RESTATED TRUST AGREEMENT, dated as of , among (i) XXXXX FARGO & COMPANY, a Delaware corporation (including any successors or assigns, the “Depositor”), (ii) THE BANK OF NEW YORK TRUST COMPANY, N.A., a national banking association organized and existing under the laws of the United States, as property trustee (in such capacity, the “Property Trustee”), (iii) BNYM (DELAWARE), a Delaware banking corporation (the “Delaware Trustee”), (iv) Xxxx X. Xxxxxxxx, an individual, and Xxxxxxx X. Xxxxx, an individual, each of whose address is c/o Wells Fargo & Company, 000 Xxxxxxxxxx Xxxxxx, San Francisco, California 94163 (each, an “Administrative Trustee,” and together, the “Administrative Trustees”) (the Property Trustee, the Delaware Trustee and the Administrative Trustees being referred to collectively as the “Issuer Trustees”), and (v) the several Holders, as hereinafter defined. Events of Default 72RECITALS OF THE DEPOSITOR
Appears in 1 contract
REPRESENTATIONS AND WARRANTIES 51. Section 4.1. Existence; Power 51 Section 4.2. Organizational Power; Authorization 51 Section 4.3. Governmental Approvals; No Conflicts 51 Section 4.4. Financial Statements 52 Section 4.5. Litigation and Environmental Matters 53 Section 4.6. Compliance with Laws and Agreements 53 Section 4.7. Investment Company Act, Etc. 53 Section 4.8. Taxes 53 Section 4.9. Margin Regulations 53 Section 4.10. ERISA 54 Section 4.11. Ownership of Property 54 Section 4.12. Disclosure 54 Section 4.13. Labor Relations 55 Section 4.14. Subsidiaries 55 Section 4.15. Insolvency 55 Section 4.16. SECTION 4.1 Representations and Warranties Relating to Accounts 55 Section 4.17. Acquisition Agreement 56 of the SPV and the Initial Master Servicer 51 ARTICLE V AFFIRMATIVE COVENANTS 56 Section 5.1. Financial Statements and Other Information 56 Section 5.2. Notices of Material Events CONDITIONS PRECEDENT 58 Section 5.3. Existence; Conduct of Business SECTION 5.1 Conditions Precedent to Closing 58 Section 5.4. Compliance with LawsSECTION 5.2 Conditions Precedent to All Investments, Etc. 58 Section 5.5. Payment of Obligations 59 Section 5.6. Books and Records 59 Section 5.7. Visitation, Inspection, Etc. 59 Section 5.8. Maintenance of Properties; Insurance 59 Section 5.9. Use of Proceeds Reinvestments and Letters of Credit 60 Section 5.10. Interest Rate Protection 60 Section 5.11. Cash Management 60 Section 5.12. Additional Subsidiaries. 61 Section 5.13. Additional Real Estate, Leased Locations 62 59 ARTICLE VI FINANCIAL COVENANTS 65 Section 6.1. Leverage Ratio 65 Section 6.2. Fixed Charge Coverage Ratio 65 Section 6.3. Minimum Excess Availability 65 Section 6.4. Minimum Cash Balance 65 Section 6.5. Minimum Consolidated Adjusted EBITDA 65 60 SECTION 6.1 Affirmative Covenants of the SPV and Master Servicer 60 SECTION 6.2 Negative Covenants of the SPV and Master Servicer 66 SECTION 6.3 Affirmative Covenant of Parent; Deemed Financial Covenants 68 ARTICLE VII NEGATIVE COVENANTS 65 Section 7.1. Indebtedness and Preferred Equity. 65 Section 7.2. Negative Pledge 67 Section 7.3. Fundamental Changes 68 Section 7.4. Investments, Loans, Etc. 68 Section 7.5. Restricted Payments ADMINISTRATION AND COLLECTIONS 69 Section 7.6. Sale SECTION 7.1 Appointment of Assets Master Servicer 69 SECTION 7.2 Duties of Master Servicer 70 Section 7.7. Transactions with Affiliates 70 Section 7.8. Restrictive Agreements SECTION 7.3 Blocked Account Arrangements 71 Section 7.9. Sale and Leaseback Transactions SECTION 7.4 Enforcement Rights 71 Section 7.10. Hedging Transactions 71 Section 7.11. Amendment to Material Documents 71 Section 7.12. Accounting Changes SECTION 7.5 Master Servicer Default 72 SECTION 7.6 Servicing Fee 74 SECTION 7.7 Protection of Ownership Interest of the Investors 74 ARTICLE VIII TERMINATION EVENTS OF DEFAULT 72 Section 8.1. 74 SECTION 8.1 Termination Events 74 SECTION 8.2 Termination 77 ARTICLE IX INDEMNIFICATION; EXPENSES; RELATED MATTERS 77 SECTION 9.1 Indemnities by the SPV 77 SECTION 9.2 Indemnities by the Master Servicer 79 SECTION 9.3 Indemnity for Taxes, Reserves and Expenses 81 SECTION 9.4 Taxes 84 SECTION 9.5 Other Costs and Expenses; Breakage Costs 86 ARTICLE X THE AGENT; STRUCTURING AGENT 87 SECTION 10.1 Appointment and Authorization of Agent 87 SECTION 10.2 Delegation of Duties 87 Table of Contents (continued) Page SECTION 10.3 Liability of Agents and Managing Agents 87 SECTION 10.4 Reliance by Agent 88 SECTION 10.5 Notice of Termination Event, Potential Termination Event or Master Servicer Default 7288 SECTION 10.6 Credit Decision; Disclosure of Information by the Agent 89 SECTION 10.7 Indemnification of the Agent 89 SECTION 10.8 Agent in Individual Capacity 90 SECTION 10.9 Resignation of Agents 90 SECTION 10.10 Payments by the Agent 90 SECTION 10.11 Structuring Agent 90 ARTICLE XI MISCELLANEOUS 91 SECTION 11.1 Term of Agreement 91 SECTION 11.2 Waivers; Amendments 91 SECTION 11.3 Notices; Payment Information 92 SECTION 11.4 Governing Law; Submission to Jurisdiction; Appointment of Service Agent 92 SECTION 11.5 Integration 93 SECTION 11.6 Severability of Provisions 93 SECTION 11.7 Counterparts; Electronic Delivery 93 SECTION 11.8 Successors and Assigns; Binding Effect 93 SECTION 11.9 Waiver of Confidentiality 97 SECTION 11.10 Confidentiality Agreement 97 SECTION 11.11 Conduit Investor Provisions 98 SECTION 11.12 No Recourse 98 SECTION 11.13 No Proceedings; Limitations on Payments 98 Schedules Schedule I Yield and Rate Periods Schedule II Calculation of Required Reserves Schedule III Settlement Procedures Schedule 4.1(d) Perfection Representations, Warranties and Covenants Schedule 4.1(g) List of Actions and Suits
Appears in 1 contract
Samples: Transfer and Administration Agreement (Valvoline Inc)
