Compliance With Loan Agreements. The Borrower will act in conformity with all material terms and conditions of the Loan Agreements and Required Loan Documents.
Compliance With Loan Agreements. The Servicer will act in conformity with all material terms and conditions of the Loan Agreements and Required Loan Documents.
Compliance With Loan Agreements. The loan agreement the Group has entered into has made the Group subject to a number of covenants dictating what actions the Group may and may not take. Should the Group breach these covenants, it may trigger increased amortsation and an up-streaming restriction. Further, additional financing costs may incur and the loans may be accelerated, which could result in bankruptcy and liquidation of the Group. Such events would negatively affect the Group’s financial condition and equity returns. The loan agreement which the Group has entered into contains a change of control clause. That clause restricts any legal person’s right to acquire or control more than a certain agreed share of the capital and/or voting rights of the Company. Should any person acquire or obtain ownership or control of 50% of the shares in the Company or more, the full amount outstanding under the loan agreement may be declared due and payable at short notice. There is a risk that a refinancing in connection with such event would lead to increased costs and therefore affect the Group’s financial conditions and the equity returns negatively.
Compliance With Loan Agreements. The loan agreements the Group has entered into makes the Group subject to a number of covenants dictating what actions the Group may and may not take. Should the Group breach these covenants, additional financing costs may incur and the loans may be accelerated, which could result in bankruptcy and liquidation of the Group. Such events would negatively affect the Group’s financial condition and return on the Shares. There is a risk that a refinancing in connection with such event would lead to increased costs or not being possible at all and therefore affect the Group’s financial conditions negatively.
Compliance With Loan Agreements. With respect to the ------------------------------- Collateral, shall comply with the provisions of the Loan Agreement applicable thereto, including, without limitation, maintenance of insurance, restrictions on dispositions, and providing Secured Party and its representatives the right to inspections with respect to the Collateral.
Compliance With Loan Agreements. The Mortgagor will well and truly observe and perform all applicable covenants, agreements, terms, and conditions contained in the Loan Agreements.
Compliance With Loan Agreements. The Debtor will well and truly observe and perform all applicable covenants, agreements, terms, and conditions contained in the Loan Agreements.
Compliance With Loan Agreements. Notice of Amendments to, and Defaults under, Loan Agreements and Certain Other Agreements; Terms of Mortgage to Govern 17 SECTION 4.18 Notice of Change in Place of Business 17 SECTION 4.19 Rights of Way, etc., Necessary in Business 17 SECTION 4.20 Limitations on Loans, Investments and Other Obligations 17 TABLE OF CONTENTS, Continued Page ARTICLE V REMEDIES OF THE MORTGAGEE AND NOTEHOLDERS SECTION 5.01 Events of Default 18 SECTION 5.02 Acceleration of Maturity; Recision and Amendment 18 SECTION 5.03 Remedies of Mortgagee and Noteholders 19 SECTION 5.04 Application of Proceeds from Remedial Actions 21
Compliance With Loan Agreements. 8 SECTION 3.15 Notice of Change in Place of Business. . . . . . . . . . . 8 SECTION 3.16 Rights of Way, Etc., Necessary in Business . . . . . . . . 8 SECTION 3.17 Limitations on Loans, Investments And Other Obligations. . . . . . . . . . . . . . . . . . . 8 SECTION 3.18 Sales of Assets. . . . . . . . . . . . . . . . . . . . . . 9
Compliance With Loan Agreements. The Mortgagor will well and truly observe and perform all of the covenants, agreements, terms and conditions contained in the Loan Agreement on its part to be observed or performed. In the event of any inconsistency between the terms and conditions of the Mortgage and Loan Agreement, the more restrictive provisions shall apply to the Mortgagor. SECTION 3.15.
