Common use of Exceptions to Covenants Clause in Contracts

Exceptions to Covenants. Neither the Company nor any Subsidiary shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.

Appears in 5 contracts

Samples: Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co), Credit Agreement (COMMERCIAL METALS Co)

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Exceptions to Covenants. Neither the Company nor any Subsidiary The Companies shall not be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of not prohibited by any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained hereinherein or in the other Loan Papers.

Appears in 4 contracts

Samples: Credit Agreement (Frozen Food Express Industries Inc), Credit Agreement (Frozen Food Express Industries Inc), Credit Agreement (Frozen Food Express Industries Inc)

Exceptions to Covenants. Neither the Company nor any Subsidiary of its Subsidiaries shall be deemed to be permitted to take any action or to fail to take any action which that is permitted as an exception to any of the covenants contained herein covenant in any Loan Papers, or which that is within the permissible limits of any of the covenants contained herein covenant, if such action or omission would result in the breach a violation of any other covenant contained hereinin any Loan Papers.

Appears in 3 contracts

Samples: Credit Agreement (Petsmart Inc), Credit Agreement (Petsmart Inc), Credit Agreement (Petsmart Inc)

Exceptions to Covenants. Neither the No Company nor any Subsidiary shall be deemed to be permitted to take any action or to fail to take any action which that is permitted as an exception to any of the covenants contained herein covenant in any Loan Papers, or which that is within the permissible limits of any of the covenants contained herein covenant, if such action or omission would result in the breach a violation of any other covenant contained hereinin any Loan Papers.

Appears in 1 contract

Samples: Credit Agreement (Page America Group Inc)

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Exceptions to Covenants. Neither the Company nor any Subsidiary of its Subsidiaries shall be deemed to be permitted to take any action or to fail to take any action which that is permitted as an exception to any of the covenants contained herein covenant in any Loan Papers, or which that is within the permissible limits of any of the covenants contained herein -72- covenant, if such action or omission would result in the breach a violation of any other covenant contained hereinin any Loan Papers.

Appears in 1 contract

Samples: Credit Agreement (Franchise Finance Corp of America)

Exceptions to Covenants. Neither the Company nor any Subsidiary shall be deemed to be permitted to take any action or fail to take any action which is permitted as an exception to any of the covenants contained herein or which is within the permissible limits of any of the covenants contained herein if such action or omission would result in the breach of any other covenant contained herein.the

Appears in 1 contract

Samples: Credit Agreement (COMMERCIAL METALS Co)

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