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 means the covenants located in Section 5.4 of the LLC Agreement and in Section 2.05 of the Trust Agreement.

Examples of Separateness Covenants in a sentence

  • Prior Notice to the Holder with Respect to Certain Matters; Separateness Covenants.

  • No amendment of this Agreement which alters or changes Section 2.10 (Separateness Covenants) or Article 7 or Article 9 or any other provision hereof benefiting the holder of a Mortgage Loan may be made without the prior written consent of such holder.

  • Seller shall comply with, and shall cause REO Subsidiary to comply with, REO Subsidiary’s Separateness Covenants.

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

  • 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.

  • Separateness Covenants 91 90 ARTICLE VIII TERMINATION 93 92 Section 8.01.

  • The following is a sample set of Separateness Covenants, taken from the form documents for a CMBS lender: The borrower has not and, for so long as the mortgage loan shall remain outstanding, shall not: * * * (xviii) fail to remain solvent or pay its own liabilities (including, without limitation, salaries of its own employees) only from its own funds....

  • Affirmative Covenants 37 Section 9.1. Know Your Customer Checks 37 Section 9.2. Authorizations 38 Section 9.3. Compliance with laws 38 Section 9.4. Pari passu ranking 38 Section 9.5. Place of business 38 Section 9.6. Security 38 Section 9.7. Separateness Covenants 39 Section 9.8. Registration of the Collateral Vessels 40 Section 9.9. Classification and repair 40 Section 9.10.

  • Pertimbangan Judgments Penyusunan laporan keuangan konsolidasian Perusahaan dan Entitas Anaknya, sesuai dengan Standar Akuntansi Keuangan di Indonesia, mengharuskan manajemen untuk membuat estimasi dan asumsi yang mempengaruhi jumlah yang dilaporkan di dalamnya.

  • Seller has taken no action that would cause the REO Subsidiary to be in violation of any Separateness Covenant, and Seller shall cause the REO Subsidiary to comply with the Separateness Covenants.


More Definitions of Separateness Covenants

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 means the covenants set forth in Section 11.5 below;
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:
Separateness Covenants shall have the meaning ascribed to such term in Section 4.25(c).

Related to Separateness Covenants

  • Negative Covenants The Postpetition Financing Documents shall contain negative covenants of the Borrower acceptable to the Lender.

  • Covenants means the covenants set forth in Section 4 of this Agreement.

  • Affirmative Covenants The following affirmative covenants, among others, if any, to be negotiated in the Senior Facilities Documentation, will apply (to be applicable to the Borrower and its restricted subsidiaries), subject to customary (consistent with the Documentation Precedent) and other baskets, exceptions and qualifications to be agreed upon: maintenance of corporate existence and rights; performance and payment of obligations; delivery of annual and quarterly consolidated financial statements (accompanied by customary management discussion and analysis and (annually) by an audit opinion from nationally recognized auditors that is not subject to any qualification as to scope of such audit or going concern) (other than solely with respect to, or resulting solely from an upcoming maturity date under any series of indebtedness occurring within one year from the time such opinion is delivered) (with extended time periods to be agreed for delivery of the first annual and certain quarterly financial statements to be delivered after the Closing Date) and an annual budget (it being understood that the public REIT reporting that includes the Borrower shall satisfy the Borrower’s reporting obligations so long as it includes a consolidating income statement and balance sheet for the Borrower); delivery of notices of default and material adverse litigation, ERISA events and material adverse change; maintenance of properties in good working order; maintenance of books and records; maintenance of customary insurance; commercially reasonable efforts to maintain ratings (but not a specific rating); compliance with laws; inspection of books and properties; environmental; additional guarantors and additional collateral (subject to limitations set forth under the captions “Guarantees” and “Security”); further assurances in respect of collateral matters; use of proceeds; and payment of taxes.

  • Restrictive Covenant Agreements has the meaning set forth in the Recitals.

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Existing Confidentiality Agreement has the meaning set forth in Section 4.01.

  • Information Disclosure Requirements means the requirements to disclose information under:

  • Restrictive Covenants means the restrictive covenants contained in Section 13(c) hereof.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Special Purpose Provisions has the meaning specified in Section 11.02 of the LLC Agreement.

  • Burdensome Restrictions means any consensual encumbrance or restriction of the type described in clause (a) or (b) of Section 6.10.

  • Exceptions and Limitations means fair use, fair dealing, and/or any other exception or limitation to Copyright and Similar Rights that applies to Your use of the Licensed Material.

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1 (Organization; Authority; Enforceability), Section 3.2(a) (Non-contravention), Section 3.3 (Capitalization), Section 3.13 (Brokerage) and Section 3.20 (Affiliate Transactions).

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares;

  • Confidentiality Agreements shall have the meaning set forth in Section 6.7 hereof.

  • Applicable effluent standards and limitations means all State and Federal effluent standards and limitations to which a discharge is subject under the Act, including, but not limited to, effluent limitations, standards of performance, toxic effluent standards and prohibitions, and pretreatment standards.

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Financial Covenants means the covenants set forth in Section 6.2.

  • statutory provision means a provision of an Act or of an instrument made under an Act.

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.

  • Surviving Provisions has the meaning specified in Section 10.02.

  • Pre-Existing Conditions means, in respect of the Insured Person, any Sickness, Disease, Injury, physical, mental or medical condition or physiological degradation, including Congenital Condition, that has existed prior to the Policy Issuance Date or the Policy Effective Date, whichever is the earlier. An ordinary prudent person shall be reasonably aware of a Pre- existing Condition, where -

  • Continuing Disclosure Agreement means the Continuing Disclosure Agreement, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Fiscal Officer in accordance with Section 6, which shall constitute the continuing disclosure agreement made by the City for the benefit of holders and beneficial owners of the Bonds in accordance with the Rule.

  • Company By-laws means the by-laws of the Company, as amended to the date of this Agreement.

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;