AFFIRMATIVE COVENANTS OF THE AUTHORITY Sample Clauses

AFFIRMATIVE COVENANTS OF THE AUTHORITY. Section 5.1. Maintenance of Existence, Etc 30 Section 5.2. Access and Reporting 30 Section 5.3. Further Assurances. 32 Section 5.4. Application of Proceeds 33 Section 5.5. Compliance with Legal Requirements 33 Section 5.6. Payment of Debt 33 Section 5.7. Authority Documents 33 Section 5.8. Rate Covenant 33 Section 5.9. Creation of Debt and Liens 34 Section 5.10. Maintenance of Insurance 34 Section 5.11. ERISA 35 Section 5.12. Compliance with Laws, Etc 35 Section 5.13. Taxes 35 Section 5.14. Maintenance of Rate Stabilization Fund 37 Section 5.15. Covenants of Subsidiary 37 Section 5.16. Sovereign Immunity. 37 Section 5.17. Environmental Covenant 37 Section 5.18. Investment of Funds 38 Section 5.19. Ratings 38 Section 5.20. PILOT 38 Section 5.21. Credit Facilities 38 Section 5.22. Dealers 39 Section 5.23. Licenses and Permits 39 Section 5.24. Access to Commercial Paper Reporting System 39 Section 5.25. Redeemable Note Information 39 Section 5.26. Maintenance of Ratings 39 ARTICLE VI
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AFFIRMATIVE COVENANTS OF THE AUTHORITY. Until the later of the Termination Date and the date that all the Payment Obligations are paid in full, unless the Bank otherwise expressly consents in writing:
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AFFIRMATIVE COVENANTS OF THE AUTHORITY. The Authority is a permanent and perpetual North Dakota political subdivision, as created by the Joint Powers Agreement dated June 11, 2016, and is a Non-Federal Sponsor of the Comprehensive Project as set forth in the Project Partnership Agreement with the United States Department of Army. Pursuant to the Joint Powers Agreement and the obligations set forth in the Project Partnership Agreement, in the event the Authority should ever dissolve all obligations to third parties will continue in full force and effect and the Comprehensive Project Property and Liabilities shall be transferred to the City of Fargo and the City of Xxxxxxxx as the other Non-Federal Sponsors. The Settlement Agreement will provide the above covenants and provide that it is consistent with this Section.
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AFFIRMATIVE COVENANTS OF THE AUTHORITY. 55 Section 8.01. Affirmative Covenants of the Authority 55 ARTICLE IX NEGATIVE COVENANTS OF THE AUTHORITY 59 Section 9.01. Negative Covenants of the Authority 59 ARTICLE X DEFAULTS AND REMEDIES 62 Section 10.01. Events of Default 62 Section 10.02. Rights and Remedies upon Default 66 Section 10.03. No Waiver 67 Section 10.04. Discontinuance of Proceedings 67 ARTICLE XI MISCELLANEOUS 67 Section 11.01. Evidence of Debt 67 Section 11.02. Amendments and Waivers 67 Section 11.03. Addresses for Notices 67 Section 11.04. Survival of This Agreement 69 Section 11.05. Severability 69 Section 11.06. Governing Law; Waiver of Jury Trial; Jurisdiction and Venue 69 Section 11.07. Successors and Assigns 71 Section 11.08. No Setoff 73 Section 11.09. Headings 73 Section 11.10. Counterparts 73 Section 11.11. Patriot Act 74 Section 11.12. Arm’s Length Transaction 74 Section 11.13. No Advisory or Fiduciary Responsibility 74 EXHIBIT A-1 — Form of Tax-Exempt LIBOR Note EXHIBIT A-2 — Form of Taxable Note EXHIBIT B — Form of Request for Advance EXHIBIT C — Form of Request for Extension EXHIBIT D — Form of Notice of Termination EXHIBIT E — Form of Notice of Termination or Reduction EXHIBIT F — Form of Notice of Reduction EXHIBIT G — Form of Notice of Extension EXHIBIT H — Form of Request for Extension of Term Loan SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT THIS SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT, dated as of February 1, 2019 (this “Agreement”), is entered into by and between the LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY, a county transportation commission duly established and existing under the laws of the State of California (the “Authority”) and XXXXX FARGO BANK, NATIONAL ASSOCIATION and its successors and permitted assigns (the “Lender”).
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AFFIRMATIVE COVENANTS OF THE AUTHORITY. So long as the Commitment is outstanding and until all Obligations shall have been paid in full, the Authority hereby covenants and agrees, that:
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AFFIRMATIVE COVENANTS OF THE AUTHORITY. So long as the Certificate remains outstanding, the Authority will, unless the Holder otherwise agrees:
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Related to AFFIRMATIVE COVENANTS OF THE AUTHORITY

  • Affirmative Covenants of the Company The Company hereby covenants and agrees as follows:

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • AFFIRMATIVE COVENANTS OF THE BORROWERS Each Borrower (as to itself and its Subsidiaries, as applicable) covenants and agrees that, so long as any Loan or any Note is Outstanding or any Bank has any obligation to make any Loans:

  • Affirmative Covenants of the Seller From the date hereof until the Collection Date:

  • Negative Covenants of the Company Except as expressly contemplated by this Agreement or otherwise consented to in writing by Buyer, from the date of this Agreement until the Effective Time, the Company will not do any of the following:

  • AFFIRMATIVE COVENANTS OF BORROWER Borrower agrees with and covenants unto Lender that until the Loan Obligations have been paid in full, Borrower shall:

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

  • Affirmative Covenants of the Seller Parties Until the date on which the Aggregate Unpaids have been indefeasibly paid in full and this Agreement terminates in accordance with its terms, each Seller Party hereby covenants, as to itself, as set forth below:

  • 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 Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

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