Common use of NEGATIVE COVENANTS OF BORROWER Clause in Contracts

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank has any obligation to make any Loan hereunder or any of Borrower's Obligations remain unpaid, unless the prior written consent of Bank is obtained:

Appears in 3 contracts

Samples: Loan Agreement (Lmi Aerospace Inc), Restatement of Loan Agreement (Lmi Aerospace Inc), Revolving Credit Agreement (Agri Nutrition Group LTD)

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NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank (i) any of the Banks has any obligation to make any Loan hereunder or Mercantile has any obligation to issue any Letter of Credit hereunder, (ii) any Letter of Credit remains outstanding or (iii) any of Borrower's Obligations remain unpaid, unless the prior written consent of Bank the Required Banks is obtained:

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Doane Pet Care Co), Assignment and Assumption Agreement (Doane Products Co), Assignment and Assumption Agreement (Doane Products Co)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank (i) any of the Banks has any obligation to make any Loan hereunder under this Agreement or Mercantile has any obligation to issue any Letter of Credit under this Agreement, (ii) any Letter of Credit remains outstanding or (iii) any of the Borrower's Obligations remain unpaid, unless the prior written consent of Bank the Required Banks is obtained:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Huntco Inc), Revolving Credit Agreement (Huntco Inc)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as any Bank has any obligation to make any Loan Commitment hereunder and until all of the Obligations have been fully and finally paid in cash and performed or any Letter of Borrower's Obligations remain unpaid, unless the prior written consent of Bank is obtainedCredit remains outstanding:

Appears in 2 contracts

Samples: Credit Agreement (Shoe Carnival Inc), Credit Agreement (Shoe Carnival Inc)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank (i) any of the Banks has any obligation to make any Loan hereunder or to issue any Letter of Credit hereunder, (ii) any Letter of Credit remains outstanding or (iii) any of Borrower's Obligations remain unpaid, unless the prior written consent of Bank the Required Banks is obtained:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Halter Marine Group Inc), Revolving Credit Agreement (Halter Marine Group Inc)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank (i) any of the Banks has any obligation to make any Loan hereunder or to issue any Letter of Credit hereunder, (ii) any Letter of Credit remains outstanding or (iii) any of Borrower's the Obligations remain unpaid, unless the prior written consent of Bank the Required Banks is obtained:

Appears in 1 contract

Samples: Revolving Credit Agreement (Halter Marine Group Inc)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank Lender has any obligation to make any Revolving Credit Loan hereunder under this Agreement, any Letter of Credit remains outstanding or any of the Borrower's Obligations remain unpaid, unless the prior written consent of Bank Lender is obtained:

Appears in 1 contract

Samples: Loan Agreement (Interlott Technologies Inc)

NEGATIVE COVENANTS OF BORROWER. So long as any of the Loan Obligations secured hereby is outstanding, Borrower covenants and agrees warrants that, so long as Bank has any obligation to make any Loan hereunder or any of Borrower's Obligations remain unpaid, unless without the prior written consent of Bank is obtainedthe Lenders, the Borrower will not:

Appears in 1 contract

Samples: Master Credit and Security Agreement (Advocat Inc)

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NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as Bank (i) any of the Lenders has any obligation to make any Loan hereunder or to issue any Letter of Credit hereunder, (ii) any Letter of Credit remains outstanding or (iii) any of Borrower's the Obligations remain unpaid, unless the prior written consent of Bank the Required Lenders is obtained:

Appears in 1 contract

Samples: Security Agreement (Torch Offshore Inc)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as any Bank has any obligation to make any Loan hereunder or to issue any Letter of Credit or any of Borrower's Obligations remain unpaid, unless the prior written consent of Bank the Majority Banks is obtained:

Appears in 1 contract

Samples: Credit Agreement (Shoe Carnival Inc)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, so long as (i) Bank has any obligation to make any Loan hereunder under this Agreement and/or to issue any Letter of Credit under this Agreement, (ii) any Letter of Credit remains outstanding or (iii) any of Borrower's ’s Obligations remain unpaid, unless the prior written consent of Bank is obtained:

Appears in 1 contract

Samples: Revolving Credit Agreement (Cpi Corp)

NEGATIVE COVENANTS OF BORROWER. Borrower covenants and agrees that, that so long as Bank Lender has any obligation to make any Loan hereunder Advance or this Agreement is in effect or any of Borrower's ’s Obligations remain unpaid, unless the prior written consent of Bank is obtainedunpaid in full:

Appears in 1 contract

Samples: Financing Agreement (Vanguard Car Rental Group Inc.)

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