Separateness Covenants definition

Separateness Covenants means the covenants listed in Section 2.06 of the LLC Agreement.
Separateness Covenants means each of the following covenants:
Separateness Covenants. So long as the Revolving Credit Agreement, dated as of October 31, 1996, among USL, A.R. Xxxxxx Limited ("Xxxxxx"), The First National Bank of Boston ("FNBB"), as agent for the Banks (as defined therein), and the Banks is in effect (as may be amended from time to time, the "Loan Agreement"), USL or Xxxxxx has any unsatisfied monetary obligations thereunder and the Banks are committed to extend any credit to USL or Xxxxxx thereunder, the Company shall not:

Examples of Separateness Covenants in a sentence

  • Concurrently with the delivery of the financial statements referred to in (ii) above, an officer’s certificate of the Borrower confirming (A) that there have been no adverse changes to any of the facts set out in the officer’s certificate of the Borrower delivered on the Closing Date in connection with the Non-Consolidation Opinions, and (B) the Borrower is in compliance with all Separateness Covenants.

  • The Borrower is in compliance with the Separateness Covenants in all respects.


More Definitions of Separateness Covenants

Separateness Covenants means the covenants set forth in Section 11.5 below;
Separateness Covenants set forth in the Declaration of Trust of AAPT are not required pursuant to any contractual obligation or requirement of Seller (other than such requirement as may be imposed under the Grande A Loan Documents).
Separateness Covenants shall have the meaning ascribed to such term in Section 4.25(c).

Related to Separateness Covenants