Common use of Exceptions to Covenants Clause in Contracts

Exceptions to Covenants. No Company may take or fail to take any action that is permitted as an exception to any of the covenants contained in any Loan Document if that action or omission would result in the breach of any other covenant contained in any Loan Document.

Appears in 13 contracts

Samples: Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Term Loan Agreement (Goodrich Petroleum Corp)

AutoNDA by SimpleDocs

Exceptions to Covenants. No Company may take or fail to take any action that is permitted as an exception to any of the covenants contained in any Loan Credit Document if that action or omission would result in the breach of any other covenant contained in any Loan Credit Document.

Appears in 10 contracts

Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)

Exceptions to Covenants. No Restricted Company may shall take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document Paper if that such action or omission would result in the breach of any other covenant contained in any of the Loan DocumentPapers.

Appears in 7 contracts

Samples: Credit and Term Loan Agreement (Worldcom Inc /Ga/), Credit Agreement (Worldcom Inc /Ga/), Term Loan Agreement (Worldcom Inc /Ga/)

Exceptions to Covenants. No Company may shall take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document if that such action or omission would result in the breach of any other covenant contained in any of the Loan DocumentDocuments.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Southdown Inc), Credit Agreement (Medical Assurance Inc), Credit Agreement (Dobson Communications Corp)

Exceptions to Covenants. No Company may or Guarantor shall take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document Paper if that such action or omission would result in the breach of any other covenant contained in any of the Loan DocumentPapers.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Dobson Communications Corp), Term Loan Agreement (Dobson Communications Corp), 364 Day Revolving Credit and Term Loan Agreement (Dobson Communications Corp)

Exceptions to Covenants. No Company The Companies may not take or fail to take ----------------------- any action that is permitted as an exception to any of the covenants contained in any Loan Document Paper if that action or omission would result in the breach of any other covenant contained in any Loan DocumentPaper.

Appears in 3 contracts

Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc)

Exceptions to Covenants. No Company The Companies may not take or fail to take any action that is permitted as an exception to any of the covenants contained in any Loan Document Paper if that action or omission would result in the breach of any other covenant contained in any Loan DocumentPaper.

Appears in 2 contracts

Samples: Credit Agreement (Vail Resorts Inc), Revolving Credit and Term Loan Agreement (Vail Resorts Inc)

Exceptions to Covenants. No The Company may shall not take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document Paper if that such action or omission would result in the breach of any other covenant contained in any of the Loan DocumentPapers.

Appears in 2 contracts

Samples: Term Loan Agreement (Williams Companies Inc), Term Loan Agreement (Williams Companies Inc)

Exceptions to Covenants. No Company may shall take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document Paper if that such action or omission would result in the breach of any other covenant contained in any of the Loan DocumentPapers.

Appears in 2 contracts

Samples: Credit Agreement (Dobson Sygnet Communications Co), Credit Agreement (Dobson Communications Corp)

AutoNDA by SimpleDocs

Exceptions to Covenants. No Company may or Guarantor shall take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document if that such action or omission would result in the breach of any other covenant contained in any of the Loan DocumentDocuments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Intermedia Communications Inc)

Exceptions to Covenants. No The Company may not take or fail to take any action that is permitted as an exception to any of the covenants contained in any Loan Document Paper if that action or omission would result in the breach of any other covenant contained in any Loan DocumentPaper.

Appears in 1 contract

Samples: Union Pacific Resources Group Inc

Exceptions to Covenants. No Company may take or fail to take any ----------------------- action that is permitted as an exception to any of the covenants contained in any Loan Document if that action or omission would result in the breach of any other covenant contained in any Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Trikon Technologies Inc)

Exceptions to Covenants. No Company The Companies may not take or fail to ----------------------- take any action that is permitted as an exception to any of the covenants contained in any Loan Document Paper if that action or omission would result in the breach of any other covenant contained in any Loan DocumentPaper.

Appears in 1 contract

Samples: Credit Agreement (Vail Resorts Inc)

Exceptions to Covenants. No Company may or Guarantor shall take any action or fail to take any action that which is permitted as an exception to any of the covenants contained in any Loan Document Paper if that such action or omission would result in the breach of any other covenant contained in any of the Loan Document.Papers. 13.6

Appears in 1 contract

Samples: Revolving Credit Agreement (Integrated Orthopedics Inc)

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