Common use of NEGATIVE Clause in Contracts

NEGATIVE. COVENANTS Borrower hereby agrees that it shall not, and it shall not per- mit any of its Subsidiaries (other than any Unrestricted Subsidiaries, ex- cept as expressly specified below) to, directly or indirectly, so long as the Commitments remain in effect or any Loan, Note or L/C Obligation re- mains outstanding and unpaid, any amount remains available to be drawn un- der any Letter of Credit (unless cash in an amount equal to such amount has been deposited to a cash collateral account established by the Administra- tive Agent) or any other amount is owing to any Lender or the Administra- tive Agent hereunder or under any other Credit Document (it being under- stood that each of the permitted exceptions to each of the covenants in this Section 8 is in addition to, and not overlapping with, any other of such permitted exceptions except to the extent expressly provided): 8.