Required Covenants Sample Clauses

Required Covenants. The provisions set forth in the Required Covenants, attached hereto as Appendix 2, are incorporated herein as if set forth in this Agreement verbatim. The Aviation Authority shall have the right to enforce the Required Covenants.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Required Covenants. A. Agreements with the United States, State of Florida, County of Orange and City of Orlando. This Agreement shall be subject to all restrictions of record affecting the Airport and the use thereof, all federal, state, county and city laws, and regulations affecting the same, and shall be subject and subordinate to the provisions of any and all existing agreements between the Aviation Authority and the City of Orlando, and those between the Aviation Authority or the City of Orlando and the United States of America, the State of Florida, or the County of Orange, or their boards, agencies or commissions, and to any future agreements between or among the foregoing relative to the operation or maintenance of the Airport, the execution of which may be required as a condition precedent to the expenditure of federal, state, county or city funds for the development of the Airport, or any part thereof. All provisions hereof shall be subordinate to the right of the United States to occupy or use the Airport, or any part thereof, during time of war or national emergency.
Sample 1Sample 2Sample 3See All (7)
Required Covenants. Between the date of this Agreement and the Closing Date, Sellers and the Acquired Companies will cooperate with Purchaser in obtaining all Consents identified in Part 5.2 of the Disclosure Schedule
Sample 1Sample 2
Required Covenants. 11.1.1/ Free Liquidity A A>[**] [Confidential Treatment]
Sample 1
Required Covenants. As promptly as practicable after the date of this Agreement, Purchaser will make all filings required by Legal Requirements to be made by it to consummate the Contemplated Transactions (including all filings under the HSR Act, if applicable). Between the date of this Agreement and the Closing Date, Purchaser will (a) cooperate with Seller with respect to all filings that Seller is required by Legal Requirements to make in connection with the Contemplated Transactions; and (b) cooperate with Seller in obtaining all Consents identified in SCHEDULE 4.3; PROVIDED, HOWEVER, that this Agreement will not require Purchaser to dispose of or make any change in any portion of the Business or to incur any other burden to obtain a Governmental Authorization.
Sample 1
Required Covenants. 11.1.1/ 11.1.2(b)**+ Free Liquidity A A>USD50,000,000 (11.1.1)** A>USD100,000,000 (11.1.2(b)))**
Sample 1
Required Covenants. The Developer agrees to record covenants on all of the lots within the Subdivision restricting, requiring, or informing the owners of all of the following: Subject to Service Charges, Levy, and Assessments. The owners of the lots within the Subdivision shall be subject to service charges, levies, and/or special assessments if the Town performs any construction, maintenance or repair work related to the Improvements. The costs the Town incurs related to such work may be collected as an unpaid service charge on the property taxes under Minnesota Statutes, section 366.012, and/or through a special assessment imposed under Minnesota Statutes, chapter 429. If the Town does special assess any costs, the owners expressly waive any and all procedural and substantive objections to the special assessments, including hearing requirements and any claim that the assessments exceed the benefit to the land so assessed. The owners further waive any appeal rights otherwise available pursuant to Minnesota Statutes, section 429.081. If the Town elects to certify the costs to the County Auditor for collection on the property taxes under Minnesota Statutes, section 366.012, the owners agree the amounts so certified constitute a service charge and waive any appeal rights.
Sample 1
AutoNDA by SimpleDocs
Required Covenants. The provisions set forth in the Required Covenants, attached hereto as Appendix 2, are incorporated herein as if set forth in this Agreement verbatim. The Authority shall have the right to enforce the Required Covenants.
Sample 1
Required Covenants 
Sample 1

Related to Required Covenants

  • Reporting Covenant Required Complies Monthly financial statements with Compliance Certificate Monthly within 30 days Yes No Annual financial statement (CPA Audited) + XX XXX within 180 days Yes No A/R & A/P Agings Monthly within 30 days Yes No Deferred Revenue (if applicable) Monthly within 30 days Yes No Borrowing Base Certificate (if Borrowing Base Eligible and any Advances are outstanding) Monthly within 30 days Yes No Board Projections FYE within 30 days of Board Approval Yes No Performance Pricing Net Cash Applicable Rate Applies Borrowing Base Eligible Net Cash ³ $15,000,000* WSJ Prime + 0.35% Yes No Yes Net Cash < $15,000,000* WSJ Prime + 1.75% Yes No No Non-Formula Loans Net Cash Non-Formula Applicable Rate Applies Non-Formula Loan Eligible Net Cash ³ $15,000,000 WSJ Prime + 1.25% Yes No Yes Net Cash < $15,000,000 WSJ Prime + 1.25% Yes No No Financial Covenant Required Actual Compliance Adjusted Quick Ratio (monthly)* 1.25:1.00 :1.00 Yes No Net Cash* $15,000,000 $ Yes No Unrestricted Cash and Cash Equivalents at Bank and Bank Affiliates** $25,000,000 $ Yes No * Commencing with the month ending November 30, 2017 ** Through October 31, 2017 The following financial covenant analysis and other information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. All other representations and warranties in this Agreement are true and correct in all material respects on this date, and Borrower represents that there is no existing Event of Default. Sincerely, TINTRI, INC. Signature Title Date

  • Operating Covenants The Issuer covenants with the Indenture Trustee as follows, provided that any of the following covenants with respect to the Portfolio Railcars shall not be deemed to have been breached by virtue of any act or omission of a Lessee or sub-lessee, or of any Person which has possession of a Portfolio Railcar for the purpose of repairs, maintenance, modification or storage, or by virtue of any requisition, seizure, or confiscation of a Portfolio Railcar (other than seizure or confiscation arising from a breach by the Issuer of such covenant) (each, a “Third Party Event”), so long as (i) none of the Issuer, the Servicer or the Administrator has consented to such Third Party Event; and (ii) the Issuer (or the Servicer on its behalf) as the Lessor of such Portfolio Railcar promptly and diligently takes such commercially reasonable actions as a leading railcar operating lessor would reasonably take in respect of such Third Party Event, including, as deemed appropriate (taking into account, among other things, the laws of the jurisdiction in which such Portfolio Railcar is located or operated), seeking to compel such Lessee or other relevant Person to remedy such Third Party Event or seeking to repossess the relevant Portfolio Railcar:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!