Covenants and Continuing Agreements Sample Clauses

Covenants and Continuing Agreements. So long as any amount owing in respect of the Obligations (whether or not due) shall remain unpaid, Borrower covenants that, unless otherwise consented to by Lender in writing, it shall:

Covenants and Continuing Agreements. 123126 10.1 Affirmative Covenants 123126 10.2 Negative Covenants 136139 Section 11.

Covenants and Continuing Agreements. 8.1 Affirmative Covenants 8.2 Negative Covenants 8.3 Specific Financial Covenants

Covenants and Continuing Agreements. Affirmative Covenants . So long as any principal of or interest on any Loan or any other Obligations (other than contingent obligations against which no claim has been asserted) are outstanding, each Borrower shall, and shall cause each Subsidiary to:

Covenants and Continuing Agreements. During the term of this Agreement, and thereafter for so long as there are any amounts outstanding hereunder to Borrower, Borrower covenants that it shall preserve and maintain its separate legal existence and all rights, privileges, and franchises in connection therewith.

Covenants and Continuing Agreements. 22 8.1 Affirmative Covenants 22 --------------------- 8.2 Negative Covenants 25 ------------------ 8.3 Specific Financial Covenants 28 ---------------------------- SECTION 9. CONDITIONS PRECEDENT 28

Covenants and Continuing Agreements. Section 9.1 Affirmative Covenants..........................................................................18 Section 9.2 Negative Covenants.............................................................................21

Covenants and Continuing Agreements. Borrower agrees to: (A) Pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (i) the forwarding to Borrower or any other Person on behalf of Borrower, by Lender, of proceeds of loans made by Lender to Borrower pursuant to this Agreement, and (ii) the depositing for collection, by Lender, of any check or item of payment received or delivered to Lender on account of the Liabilities; (B) Promptly upon Borrower's learning, notify Lender of any material delay in Borrower's performance of any of its obligations to any Account Debtor and of any assertion of any claims, offsets, defenses or counterclaims by any Account Debtor and of any allowances or credits granted or other monies advanced by Borrower to any Account Debtor; (C) Keep books of account and prepare financial statements and furnish to Lender the following (all of the foregoing and following to be kept and prepared in accordance with generally accepted accounting principles applied on a basis consistent, unless Borrower's independent certified public accountants concur in any changes and such changes are disclosed to Lender and are consistent with the then generally accepted accounting principles): (i) as soon as available, but not later than one hundred twenty (120) days after the close of each fiscal year of Borrower, financial statements of Borrower (including a balance sheet and profit and loss statement with supporting footnotes) as of the end of such year and for the year then ended all in reasonable detail as requested by Lender and examined by a firm of independent certified public accountants of recognized national standing selected by Borrower and containing the unqualified opinion of such independent certified public accountants with respect to the financial statements; (ii) as soon as available, but no later than thirty (30) days after the end of each month, (A) an unaudited financial statement of Borrower (including a statement of profit and loss and of surplus for the month then ended and a balance sheet as of the end of such month) as of the end of the portion of Borrower's fiscal year then elapsed, all in reasonable detail as requested by Lender and certified by Borrower's principal financial officer as prepared in accordance with generally accepted accounting principles and fairly presenting the financial position and results of operations of Borrower for such period and (B) a cash fl...

Covenants and Continuing Agreements. 31 - 9.1. Affirmative Covenants............................................................... - 31 - --------------------- 9. 1.1. Business and Existence.................................................. - 31 - ---------------------- 9.

Covenants and Continuing Agreements. 27 5.1 Affirmative Covenants of MICA . . . . . . . . . . . . . . . 27