Additional Covenants of the Depositor Sample Clauses

Additional Covenants of the Depositor. The Depositor hereby covenants and agrees with the Issuer as follows:
AutoNDA by SimpleDocs
Additional Covenants of the Depositor. The Depositor hereby covenants and agrees for the benefit of the Owner Trustee and the Certificateholders that:
Additional Covenants of the Depositor. The Depositor shall not do any of the following, without (a) the prior written consent of the Majority Holders, and (b) the prior written consent of the Indenture Trustee, who shall, without any exercise of its own discretion, also provide its written consent to the Depositor upon receipt by it of a copy of the written consent of the Majority Holders:
Additional Covenants of the Depositor. The Depositor hereby covenants and agrees with the Issuer as follows: It shall comply with all laws, rules, regulations and orders applicable to it and its business and properties except where the failure to comply will not have a material adverse effect on its business or its ability to perform its obligations under this Agreement or any other Transaction Document to which it is a party or under the transactions contemplated hereunder or thereunder or the validity or enforceability of the Timeshare Loans or the Closing Date Eligible Investments. It shall preserve and maintain its existence (corporate or otherwise), rights, franchises and privileges in the jurisdiction of its organization and except where the failure to so preserve and maintain will not have a material adverse effect on its business or its ability to perform its obligations under this Agreement or any other Transaction Document to which it is a party or under the transactions contemplated hereunder or thereunder or the validity or enforceability of the Timeshare Loans or the Closing Date Eligible Investments. On the Closing Date and each Transfer Date, as applicable, it shall indicate in its and its Affiliates’ computer files and other records that each Timeshare Loan and each Closing Date Eligible Investment has been sold to the Issuer. It shall respond to any inquiries with respect to ownership of a Timeshare Loan or Closing Date Eligible Investment by stating that such Timeshare Loan or Closing Date Eligible Investment has been sold to the Issuer and that the Issuer is the owner of such Timeshare Loan or Closing Date Eligible Investment. On or prior to the Closing Date, it shall file or cause to be filed, at its own expense, financing statements in favor of the Issuer, and, if applicable, the Indenture Trustee on behalf of the Noteholders, with respect to the Timeshare Loans and the Closing Date Eligible Investments, in the form and manner reasonably requested by the Issuer or its assigns. The Depositor shall deliver file-stamped copies of such financing statements to the Issuer and the Indenture Trustee on behalf of the Noteholders. It agrees from time to time, at its expense, to promptly execute and deliver all further instruments and documents, and to take all further actions, that may be necessary, or that the Issuer or the Indenture Trustee may reasonably request, to perfect, protect or more fully evidence the sale of the Timeshare Loans and the Closing Date Eligible Investments to...
Additional Covenants of the Depositor. The Depositor hereby covenants and agrees with SPE 1 as follows:

Related to Additional Covenants of the Depositor

  • Additional Covenants of the Company The Company further covenants and agrees with each Underwriter as follows:

  • Covenants of the Depositor The Depositor covenants and agrees with the Underwriters that:

  • Additional Covenants of the Parties Section 7.1.

  • Additional Covenants of Tenant If, as result of any application or use by Landlord of all or any part of the Letter of Credit, the amount of the Letter of Credit shall be less than the Letter of Credit Amount, Tenant shall, within five (5) business days thereafter, provide Landlord with additional letter(s) of credit in an amount equal to the deficiency (or a replacement letter of credit in the total Letter of Credit Amount), and any such additional (or replacement) letter of credit shall comply with all of the provisions of this ARTICLE 27, and if Tenant fails to comply with the foregoing, notwithstanding anything to the contrary contained in this Lease, the same shall constitute an Event of Default by Tenant. Tenant further covenants and warrants that it will neither assign nor encumber the Letter of Credit or any part thereof and that neither Landlord nor its successors or assigns will be bound by any such assignment, encumbrance, attempted assignment or attempted encumbrance.

  • ADDITIONAL COVENANTS OF THE STOCKHOLDERS Each Stockholder hereby covenants and agrees that until the termination of this Agreement:

  • Negative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Additional Covenants The Company covenants and agrees with the Agent as follows, in addition to any other covenants and agreements made elsewhere in this Agreement:

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Covenants of the Master Servicer The Master Servicer hereby covenants to the Depositor and the Trustee as follows:

  • Covenants of the Servicer At all times from the Closing Date until the Final Payout Date:

Time is Money Join Law Insider Premium to draft better contracts faster.