ARTICLE VII NEGATIVE COVENANTS Sample Clauses
The "ARTICLE VII NEGATIVE COVENANTS" clause sets out specific actions or behaviors that a party, typically the borrower in a loan agreement, is expressly prohibited from undertaking during the term of the contract. These restrictions often include limitations on incurring additional debt, selling key assets, making certain investments, or engaging in mergers without the lender's consent. By clearly outlining these prohibitions, the clause helps protect the lender's interests by reducing the risk of actions that could jeopardize the borrower's financial stability or the lender's security, thereby ensuring the borrower's ongoing compliance with agreed-upon financial standards.
ARTICLE VII NEGATIVE COVENANTS. 79 7.01 Liens ................................................................................................................................. 79 7.02
ARTICLE VII NEGATIVE COVENANTS. 76 7.01 Liens........................................................... 77 7.02 Investments..................................................... 78 7.03 Indebtedness.................................................... 79 7.04
ARTICLE VII NEGATIVE COVENANTS. 52 Section 7.01
ARTICLE VII NEGATIVE COVENANTS. 76 Section 7.01. Liens ................................................................................................................................. 76 Section 7.02. Consolidations, ▇▇▇▇▇▇▇ and Certain Other Fundamental Changes ................................. 78
ARTICLE VII NEGATIVE COVENANTS. 67 7.01. Indebtedness....................................................... 68 7.02. Liens.............................................................. 69 7.03. Loans, Acquisitions and Investments................................ 69 7.04. Liquidations, Mergers and Consolidations........................... 70 7.05. Dispositions of Assets or Subsidiaries............................. 70 7.06. Affiliate Transactions............................................. 71 7.07. Subsidiaries, Partnerships and Joint Ventures...................... 71 7.08. Continuation of or Change in Business.............................. 72 7.09.
ARTICLE VII NEGATIVE COVENANTS. 96 7.01 Liens ..................................................................................................................... 96 7.02 Investments .......................................................................................................... 98 7.03 Indebtedness ....................................................................................................... 100 7.04 Fundamental Changes ........................................................................................ 103 7.05 Dispositions........................................................................................................ 103 7.06 Sanctions ............................................................................................................ 105 7.07 Restricted Payments ........................................................................................... 105 7.08 Change in Nature of Business ............................................................................ 107 7.09 Transactions with Affiliates ............................................................................... 107 7.10
ARTICLE VII NEGATIVE COVENANTS. 78 7.01. Consolidated Fixed Charge Coverage Ratio............................78 7.02. Indebtedness........................................................78 7.03. Liens...............................................................80 7.04. Fundamental Changes.................................................82 7.05.
ARTICLE VII NEGATIVE COVENANTS. 17 Section 7.1 Use of Proceeds...................................................... 17 Section 7.2 Actions with Respect to Collateral................................... 17 Section 7.3 Loan Agreement Covenants............................................. 17 ARTICLE VIII
ARTICLE VII NEGATIVE COVENANTS. 21 Section 7.1 Dividends, Purchase of Stock, Etc......................... 21 Section 7.2 Liquidation, Merger, Sale of Assets....................... 22 Section 7.3 Indebtedness.............................................. 22 Section 7.4 Guaranties, Etc........................................... 22 Section 7.5 Investments............................................... 22 Section 7.6 Liens..................................................... 23 Section 7.7 Capital Expenditures...................................... 23 Section 7.8 Operations................................................ 23 ARTICLE VIII
ARTICLE VII NEGATIVE COVENANTS. 78 7.01. Liens. ............................................................................................................................................. 78 7.02. Investments. .................................................................................................................................. 78 7.03. Indebtedness. ................................................................................................................................. 79 7.04. Fundamental Changes. .................................................................................................................. 79 7.05. Dispositions. .................................................................................................................................. 80 7.06. Anti-Terrorism/Anti-Corruption Laws. ......................................................................................... 80 7.07. Change in Nature of Business. ...................................................................................................... 80 7.08. Transactions with Affiliates. ......................................................................................................... 80 7.09.