COVENANTS Section 10 Clause Samples
The COVENANTS Section 10 clause sets out the ongoing promises and obligations that parties must adhere to throughout the duration of the agreement. Typically, this section details specific actions that must be performed or avoided, such as maintaining certain standards, providing regular reports, or refraining from activities that could harm the agreement's objectives. By clearly outlining these commitments, the clause ensures that both parties understand their responsibilities, thereby reducing the risk of misunderstandings and helping to maintain the integrity of the contractual relationship.
COVENANTS Section 10. 1 Affirmative Covenants of the Borrowers While any amount owing under this Agreement or any of the other Loan Documents remains unpaid, or the Administrative Agent or the Lenders have any obligations under this Agreement or any of the other Loan Documents, each of the Obligors covenants with the Administrative Agent and each Lender as follows:
COVENANTS Section 10