NEGATIVE COVENANTS OF BORROWER AND GUARANTOR Sample Clauses

NEGATIVE COVENANTS OF BORROWER AND GUARANTOR. Borrower agrees and covenants with Lender that, at all times during the Term of this Agreement:
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NEGATIVE COVENANTS OF BORROWER AND GUARANTOR. Borrower and Guarantor each covenant and agree that at all times from and after the Closing Date, unless the Bank shall otherwise consent in writing (or unless such Borrower or Guarantor shall provide Bank with prior written notice, in the case of Section 7.4 hereof only), such consent to be at the reasonable discretion of the Bank, it will not, either directly or indirectly:
NEGATIVE COVENANTS OF BORROWER AND GUARANTOR. Until payment in full of the indebtedness now existing or hereafter incurred under this Agreement and the performance of all obligations hereunder, the Borrower and the Guarantor (as applicable) will not, without the express prior written consent of the Bank, engage in the following:
NEGATIVE COVENANTS OF BORROWER AND GUARANTOR. Borrower and Guarantor each covenants and agrees that, so long as Lender has any obligation to make any Advance under this Agreement or any of Borrower’s Obligations remain unpaid, unless the prior written consent of Lender is obtained:
NEGATIVE COVENANTS OF BORROWER AND GUARANTOR. For the purposes of this Article VIII, the term FC Entity shall not mean or include any FC Diversified Subsidiary; provided that Borrower will provide notice to Bank of any event, occurrence, action, breach or failure to act by any such FC Diversified Subsidiary (or any REO Affiliate of such entity) that would otherwise constitute a breach of this Article VIII (assuming such FC Diversified Subsidiary (or any REO Affiliate of such entity) was an FC Entity) and Bank may elect to require a Reserve with respect to any such event, occurrence, action, breach or failure to act by any such FC Diversified Subsidiary (or any REO Affiliate of such entity) if such event, occurrence or action would, in the opinion of Bank, adversely affects the Net Cash Flow from Pledged Equity Interests to be received from such FC Diversified Subsidiary.

Related to NEGATIVE COVENANTS OF BORROWER AND GUARANTOR

  • NEGATIVE COVENANTS OF BORROWER Borrower agrees that so long as it is indebted to Bank, or so long as Bank has any obligation to extend credit to Borrower, it will not, without Bank's written consent:

  • AFFIRMATIVE COVENANTS OF BORROWER Borrower agrees with and covenants unto Lender that until the Loan Obligations have been paid in full, Borrower shall:

  • COVENANTS OF BORROWER Borrower agrees as follows:

  • Negative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

  • Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________

  • NEGATIVE COVENANTS OF THE BORROWERS Until such time as all amounts of principal and interest due to the Bank by a Borrower pursuant to any Loan made to such Borrower is irrevocably paid in full, and until the Bank is no longer obligated to make Loans to such Borrower, such Borrower (for itself and on behalf of its respective Funds) agrees:

  • Affirmative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will, unless the Liquidity Provider shall otherwise consent in writing:

  • AFFIRMATIVE COVENANTS OF THE BORROWERS The Borrowers jointly and severally covenant and agree that, so long as any Loan or Note is outstanding or the Banks have any obligation to make Loans or the Agent has any obligation to issue, extend, or renew any Letters of Credit hereunder:

  • BORROWER'S NEGATIVE COVENANTS Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Borrower Negative Covenants Borrower covenants and agrees with Lender that:

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