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Tenant’s Negative Covenants Sample Clauses

Tenant’s Negative CovenantsTenant covenants and agrees with Landlord that it will not do, directly or indirectly, any of the following:
Tenant’s Negative CovenantsTenant shall not injure, deface, permit waste nor otherwise harm any part of the Premises, permit any nuisance at the Premises, permit the emission of any objectionable noise or odor from the Premises, place a load on the floor on the Premises exceeding the floor load per square foot the floor was designed to carry, or install, operate or maintain any electrical equipment in the Premises that shall not bear an underwriters approval.
Tenant’s Negative CovenantsTenant covenants and agrees that it shall not, without the prior written consent of Landlord, do or permit its agents, employees or invitees to do any of the following: (a) Occupy the demised premises in any manner or for any purpose except as permitted in this Lease; (b) Assign, mortgage or pledge this Lease or underlet or sublease the demised premises or any part thereof, or permit any other person, firm or corporation to occupy the demised premises or any part thereof; without the written approval of Landlord which will not be unreasonably withheld. (c) Make any alterations, improvements or additions to the demised premises except as permitted and as provided in Paragraph 8 hereof; (d) Use or operate any machinery that, in Landlord's opinion, is harmful to the building or disturbing to tenants occupying other parts thereof; (e) Place any weights in any portion of the buildings beyond the safe carrying capacity of the structure; (f) Remove, attempt to remove or manifest, in Landlord's opinion, an intention to remove Tenant's goods or property from the demised premises, other than in the ordinary course of business, without having first paid Landlord all rent which may become due during the entire term of this Lease; (g) Vacate or desert the demised premises during the term of this Lease, or permit the same to be empty and unoccupied for a period of seven (7) or more consecutive days; (h) Permit any odor, noise, sound or vibration which may, in Landlord's opinion, in any way tend to impair the use of any part of the Office Center or interfere with the business or occupancy of any other tenant, or make or permit any disturbance of any kind in the buildings, or interfere in any way with other tenants or those having business in the buildings, or allow any occupant of the demised premises to conduct himself in a manner which Landlord deems improper or objectionable; (i) Execute or deliver any financing or security agreement which might be considered to create a lien upon the demised premises or the Office Center; (j) Obstruct any sidewalks, halls, passageways, elevators, stairways or other Common Areas of the Office Center, or use the same for any purpose other than ingress and egress to and from the demised premises, or use the same as a waiting room or lounging place for Tenant or its agents, employees or invitees; (k) Cover or obstruct any of the floors, walls, partitions, ceilings, windows or doors which reflect or admit light into any Common Areas of th...
Tenant’s Negative CovenantsTenant covenants at all times during the Term, and for such further time as Tenant occupies the Premises or any part thereof:
Tenant’s Negative Covenants. (a) Tenant shall not use the sidewalk or any space outside the Demised Premises for display, sale, or any other use. (b) Tenant shall not use any loudspeaker or other medium which may be heard outside the Demised Premises. (c) Tenant shall not use the plumbing facilities for any purpose other than for which intended, nor dispose of any substance therein which may tend to clog, erode, or damage the plumbing, pipes, lines or conduits within the Shopping Center whether through garbage disposal units or otherwise. If the Tenant is permitted herein to use the Demised Premises for the sale or preparation of food, Tenant shall install grease traps as shall be necessary to prevent the accumulation of grease or other waste in such facilities. (d) None of the following uses shall be deemed to be incidental to Tenant’s use as permitted in Article 1 except specifically herein set forth: (i) The sale, service, or display of food, food products, or beverages, alcoholic or otherwise; (ii) The sale or display of drugs, health, or beauty aids or any products requiring the presence of a registered pharmacist; (iii) Install or use washing machines, dry cleaning machines, drying machines; (iv) Use any portion of the Demised Premises as a beauty parlor or xxxxxx shop; (v) Sell or display shoes, stockings, clothes, books, greeting cards, gift items, jewelry (cosmetic or otherwise); (vi) Games or amusement devices, electronic or otherwise; (vii) Selling the services of photocopy machines; Cuyamaca Bank/La Mesa Lease Initial Standard Shopping Center Lease Initial 28731-6/1822140.2 [Word] 01/30/03 (viii) Sell, display or use photographic equipment; (ix) Sell, display or exhibit films or video tapes, records of any kind; or (x) Newspapers, magazines or reading materials of any kind not related to Tenant’s operations. (e) Tenant shall not place a load on any floor exceeding the floor load per square foot which such floor was originally designed to carry; or install, operate, or maintain any heavy item of equipment except with Landlord’s prior written consent. (f) Use any portion of the roof or exterior walls or do any act which may result in the violation of the roof bond with respect to the Demised Premises or the building of which it forms a part. Landlord reserves the right to build additional floors above the Demised Premises which shall not be deemed to be a portion of the Demised Premises. (g) Tenant shall not operate or permit to be operated in the Demised Premises any coin o...
Tenant’s Negative CovenantsTenant covenants at all times during the Term and for such further time as Tenant occupies the Premises or any part thereof:
Tenant’s Negative CovenantsSection 21.1. Tenant covenants that it will not: (i) vacate or desert the Premises prior to termination of the Lease or permit the same to be empty or unoccupied; (ii) occupy the Premises in any manner or for any purpose other than as set forth in Article 5, above; (iii) do anything which would result in the cancellation or suspension of, or increase in the premium of, any fire or other insurance policy carried by Landlord; (iv) remove any of Tenant's property from the Premises except such as can be carried by Xxxxxx and as would be reasonable and customary for persons occupying similar space to remove in the ordinary course of business.
Tenant’s Negative Covenants 

Related to Tenant’s Negative Covenants

  • 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.

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

  • Certain Negative Covenants So long as any Recovery Bonds are Outstanding, the Issuer shall not: (a) except as expressly permitted by this Indenture and the other Basic Documents, sell, transfer, exchange or otherwise dispose of any of the properties or assets of the Issuer, including those included in the Recovery Bond Collateral, unless directed to do so by the Indenture Trustee in accordance with Article V; (b) claim any credit on, or make any deduction from the principal or premium, if any, or interest payable in respect of, the Recovery Bonds (other than amounts properly withheld from such payments under the Code or other tax laws) or assert any claim against any present or former Holder by reason of the payment of the taxes levied or assessed upon any part of the Recovery Bond Collateral; (c) terminate its existence or dissolve or liquidate in whole or in part, except in a transaction permitted by Section 3.10; (i) permit the validity or effectiveness of this Indenture or the other Basic Documents to be impaired, or permit the Lien of this Indenture and the Series Supplement to be amended, hypothecated, subordinated, terminated or discharged, or permit any Person to be released from any covenants or obligations with respect to the Recovery Bonds under this Indenture except as may be expressly permitted hereby, (ii) permit any Lien (other than the Lien of this Indenture or of the Series Supplement) to be created on or extend to or otherwise arise upon or burden the Recovery Bond Collateral or any part thereof or any interest therein or the proceeds thereof (other than tax liens arising by operation of law with respect to amounts not yet due), or (iii) permit the Lien of this Indenture or of the Series Supplement not to constitute a valid first priority perfected security interest in the Recovery Bond Collateral; (e) elect to be classified as an association taxable as a corporation for federal income tax purposes or otherwise take any action, file any tax return, or make any election inconsistent with the treatment of the Issuer, for purposes of federal taxes and, to the extent consistent with applicable State tax law, State income and franchise tax purposes, as a disregarded entity that is not separate from the sole owner of the Issuer; (f) change its name, identity or structure or the location of its chief executive office, unless at least ten (10) Business Days’ prior to the effective date of any such change the Issuer delivers to the Indenture Trustee (with copies to the Rating Agencies) such documents, instruments or agreements, executed by the Issuer, as are necessary to reflect such change and to continue the perfection of the security interest of this Indenture and the Series Supplement; (g) take any action which is subject to a Rating Agency Condition without satisfying the Rating Agency Condition; (h) except to the extent permitted by applicable law, voluntarily suspend or terminate its filing obligations with the SEC as described in Section 3.07(g); or (i) issue any recovery bonds under the Wildfire Financing Law or any similar law (other than the Recovery Bonds).

  • NEGATIVE COVENANTS So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly:

  • Additional Negative Covenants Not to, without the Bank’s written consent: (a) Enter into any consolidation, merger, or other combination, or become a partner in a partnership, a member of a joint venture, or a member of a limited liability company. (b) Acquire or purchase a business or its assets. (c) Engage in any business activities substantially different from the Borrower’s present business. (d) Liquidate or dissolve the Borrower’s business.

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall 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.

  • Negative Covenants of Seller On and as of the date hereof and at all times while this Agreement or the Transaction hereunder is in effect, Seller shall not without the prior written consent of Purchaser, which may be granted or denied at Purchaser’s sole and absolute discretion: (i) subject to Seller’s right to repurchase any Purchased Asset pursuant to the terms of this Agreement, take any action that would directly or indirectly impair or adversely affect Purchaser’s title to any Purchased Asset or other Purchased Item; (ii) at any time a Transaction is outstanding with respect to any Purchased Asset, transfer, assign, convey, grant, bargain, sell, set over, deliver or otherwise dispose of, or pledge or hypothecate, directly or indirectly, any interest in any Purchased Asset or other Purchased Item to any Person other than Purchaser, or engage in repurchase transactions or similar transactions with respect to any Purchased Asset or other Purchased Item with any Person other than Purchaser; (iii) create, incur, assume or suffer to exist any Lien in or on any of its property, assets, revenue, the Purchased Assets, the other Collateral, whether now owned or hereafter acquired, other than the Liens and security interest granted by Seller pursuant to the Transaction Documents; (iv) intentionally omitted; (v) enter into any transaction of merger or consolidation or amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation, winding up or dissolution), or sell all or substantially all of its assets (except in connection with the sale or securitization of the Purchased Assets in the ordinary course of Seller’s business after the repurchase thereof in accordance with this Agreement); (vi) permit a Change of Control; (vii) intentionally omitted; (viii) consent or assent to any Significant Modification other than in accordance with Article 29; (ix) permit the organizational documents or jurisdiction of organization of Seller to be amended in any material respect; (x) after the occurrence and during the continuance of an Event of Default, make any distribution, payment on account of, or set apart assets for, a sinking or other analogous fund for the purchase, redemption, defeasance, retirement or other acquisition of any Capital Stock of Seller, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of Seller; (xi) acquire or maintain any right or interest in any Purchased Asset or any Mortgaged Property that is senior to, or pari passu with, the rights and interests of Purchaser therein under this Agreement and the other Transaction Documents unless such right or interest in a Purchased Asset hereunder; (xii) use any part of the proceeds of any Transaction hereunder for any purpose which violates, or would be inconsistent with, the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System; and (xiii) directly, or through a Subsidiary, acquire or hold title to any real property.

  • CERTAIN NEGATIVE COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligations to issue, extend or renew any Letters of Credit:

  • Negative Covenants of the Company The Company covenants and agrees that, from the Closing Date until the Maturity Date (and, in any event, during such time as any portion of the Loan or any Interest thereon is outstanding), without the consent of the Lenders, the Company will not: (a) create, incur, assume or suffer to exist any indebtedness that is in any way senior or superior to this Agreement or the indebtedness represented hereby except as set forth in Section 3.1(b); (b) merge or consolidate with or into any other corporation or sell or otherwise convey 25% or more of its assets; provided, however, that notwithstanding anything in this Agreement or the Note to the contrary, the Company shall not be prohibited from consummating that certain Agreement and Plan of Merger by and among the Company, ITec Acquisitions, Inc. and Rose Waste Systems, Inc. (the “Merger”); (c) in a single transaction or series of related transactions, effect a significant acquisition of any business or entity (for purposes hereof, a “significant” acquisition shall be determined in accordance with Instructions 2, 3 and 4 or Item 2 of Form 8-K of the Securities and Exchange Commission); provided, however, that notwithstanding anything in this Agreement or the Note to the contrary, the Company shall not be prohibited from consummating the Merger; (d) engage in any business other than the business conducted by the Company on the Closing Date; (e) declare, set aside or pay any dividend or other distribution on any of its capital stock; (f) engage in any transaction with any Affiliate (as such term is defined in Rule 501(b) of the Securities Act of 1933, as amended) on terms less favorable to the Company than could be obtained from an unrelated party; or (g) amend its Certificate of Incorporation or Bylaws in any manner that adversely affects the rights associated with this Agreement, the Warrant issued to the Lenders pursuant to Section 7.1 hereof or the Registrable Securities. The Company will give notice to the Lenders of any default under any provisions of this Agreement within three business days after the discovery by the Company of such default.