REPRESENTATIONS AND WARRANTIES 72. Section 4.1. Organization; Powers 72 Section 4.2. Authorization; Enforceability 72 Section 4.3. Governmental Approvals; No Conflicts 73 Section 4.4. Financial Condition 73 Section 4.5. Properties 74 Section 4.6. Litigation and Environmental Matters 74 Section 4.7. Compliance with Laws and Agreements 75 Section 4.8. Franchises, FCC, State PUC and Certain Copyright Matters 75 (i) 1821445.29\C072091\0303228 Section 4.9. Investment Company Status 76 Section 4.10. Taxes 76 Section 4.11. ERISA 77 Section 4.12. Disclosure 77 Section 4.13. Subsidiaries 77 Section 4.14. Insurance 77 Section 4.15. Labor Matters 78 Section 4.16. Solvency 78 Section 4.17. Federal Reserve Regulations 78 Section 4.18. Use of Proceeds 78 Section 4.19. Anti-Corruption Laws and Sanctions; Anti-Terrorism Laws 79 ARTICLE 5 CONDITIONS 79 Section 5.1. Initial Conditions. 79 Section 5.2. Conditions to Future Credit Events 81
REPRESENTATIONS AND WARRANTIES 72. Section 4.1. Existence; Power 72 Section 4.2. Organizational Power; Authorization 72 Section 4.3. Governmental Approvals; No Conflicts 72 Section 4.4. Financial Statements 73 Section 4.5. Litigation and Environmental Matters 73 Section 4.6. Compliance with Laws and Agreements 73 Section 4.7. Investment Company Act 73 Section 4.8. Taxes 74 Section 4.9. Use of Proceeds; Margin Regulations 74 Section 4.10. ERISA 74 Section 4.11. Ownership of Property; Insurance 75 Section 4.12. Disclosure 75 Section 4.13. Labor Relations 76 Section 4.14. Subsidiaries 76 Section 4.15. Solvency 76 Section 4.16. [Reserved] 76 Section 4.17. Collateral Documents 76 Section 4.18. [Reserved] 77 Section 4.19. Healthcare Matters 77 Section 4.20. OFAC 79 Section 4.21. Patriot Act 80 ARTICLE V AFFIRMATIVE COVENANTS 80 Section 5.1. Financial Statements and Other Information 80 Section 5.2. Notices of Material Events 81 Section 5.3. Existence; Conduct of Business 84 Section 5.4. Compliance with Laws 84 Section 5.5. Payment of Obligations 84 Section 5.6. Books and Records 84 Section 5.7. Visitation and Inspection 84 Section 5.8. Maintenance of Properties; Insurance 85 Section 5.9. Use of Proceeds; Margin Regulations 85 Section 5.10. [Reserved] 85 Section 5.11. Cash Management 85 Section 5.12. Additional Subsidiaries and Collateral 86 Section 5.13. Additional Negative Pledges; Leased Locations; Mortgages 88 Section 5.14. Further Assurances 89 Section 5.15. Health Care Matters 89 Section 5.16. Post-Closing Matters 90 Section 5.17. Limitations on Designation of Immaterial Subsidiaries 90 Section 5.18. Limitations on Designation of Excluded Subsidiaries 91 Section 5.19. Spin-Off Transaction 92 ARTICLE VI FINANCIAL COVENANTS 93 Section 6.1. Leverage Ratio 93 Section 6.2. Interest/Rent Coverage Ratio 93 ARTICLE VII NEGATIVE COVENANTS 93 Section 7.1. Indebtedness and Preferred Equity 93 Section 7.2. Liens 95 Section 7.3. Fundamental Changes 97 Section 7.4. Investments, Loans 97 Section 7.5. Restricted Payments 99 Section 7.6. Sale of Assets 101 Section 7.7. Transactions with Affiliates 102 Section 7.8. Restrictive Agreements 102 Section 7.9. Sale and Leaseback Transactions 103 Section 7.10. Hedging Transactions 103 Section 7.11. Amendment to Material Documents 103 Section 7.12. PropCo Master Leases 103 Section 7.13. Accounting Changes 104 Section 7.14. Government Regulation 104 Section 7.15. Spin-Off 104 ARTICLE VIII EVENTS OF DEFAULT 104 Section 8.1. Events of Default 104 Section 8.2. Applicatio...
REPRESENTATIONS AND WARRANTIES 72. 9.1 Representations and Warranties of the Obligors 72 9.2 Deemed Repetition 81 ARTICLE 10 COVENANTS 81 10.1 Affirmative Covenants 81 10.2 Negative Covenants 85 10.3 Financial Covenants of the Borrower 92 10.4 Reporting Covenants 93
REPRESENTATIONS AND WARRANTIES 72. Section 4.01. Organization; Powers 72 Section 4.02. Authorization; Enforceability 72 Section 4.03. Governmental Approvals; No Conflicts 73 Section 4.04. Financial Condition; No Material Adverse Change 73 Section 4.05. Properties 74 Section 4.06. Litigation and Environmental Matters 74 Section 4.07. Compliance with Laws and Agreements 75 Section 4.08. Investment Company Status 75 Section 4.09. Taxes 75 Section 4.10. ERISA 75 Section 4.11. Disclosure 75 Section 4.12. Labor Matters 76 Section 4.13. Capitalization and Credit Party Information 76 Section 4.14. Margin Stock 76 Section 4.15. Oil and Gas Interests 76 Section 4.16. Insurance 77 Section 4.17. Solvency 77 Section 4.18. Deposit Accounts 77 Section 4.19. Maintenance of Properties 77 Section 4.20. Foreign Corrupt Practices 78 Section 4.21. OFAC 78 Section 4.22. Security Interest in Collateral 78 ARTICLE V CONDITIONS 79 Section 5.01. Effective Date 79 Section 5.02. Each Credit Event 83
REPRESENTATIONS AND WARRANTIES 72. Section 4.1 Existence; Power 72
REPRESENTATIONS AND WARRANTIES 72. Section 4.1 Organization; Requisite Power and Authority; Qualification 72 Section 4.2 Capital Stock and Ownership 72 Section 4.3 Due Authorization 72 Section 4.4 No Conflict 72 Section 4.5 Governmental Consents 73 Section 4.6 Binding Obligation 73 Section 4.7 Historical Financial Statements 73 Section 4.8 Forecasts 73 Section 4.9 No Material Adverse Effect 73
REPRESENTATIONS AND WARRANTIES 72. Section 4.1. Representations and Warranties of the Borrower 72
REPRESENTATIONS AND WARRANTIES 72. Section 6.1 Corporate Existence; Subsidiaries; Foreign Qualification 72
