OBLIGORS' COVENANTS Sample Clauses
OBLIGORS' COVENANTS. So long as any portion of the Indebtedness remains outstanding and unpaid and any Obligation remains unperformed, or Lender has any obligation to extend Advances hereunder, Obligors jointly and severally covenant and agree to do each and all of the following:
OBLIGORS' COVENANTS. The Obligor warrants, covenants and agrees with the Secured Parties that, from and after the date of this Agreement until any and all amounts owed by the Obligor to any Secured Party are paid in full:
(a) The Obligor shall not enter into any such agreement prohibiting or limiting the creation of the Security Interest by the Obligor other than (i) restrictions or conditions imposed 2 by any agreement relating to secured Permitted Indebtedness if such restrictions or conditions apply only to the property or assets permitted to secure such Indebtedness (or other secured obligations, as the case may be) and the products and proceeds thereof, (ii) customary restrictions and conditions contained in agreements relating to any assets pending such sale; provided that such restrictions apply only to the assets that are to be sold and such sale is permitted under the Purchase Agreement, (iii) customary provisions in leases, licenses and other agreements restricting the assignment thereof or the subletting of the premises subject thereto, (iv) the Transaction Documents, (v) restrictions on cash or other deposits or net worth imposed by customers or lessors or required by insurance, surety or bonding companies under contracts entered into in the ordinary course of business, and (vi) encumbrances or restrictions arising or existing by reason of applicable law or any applicable rule, regulation, order, permit or grant.
(b) The Obligor shall defend the title to the Collateral against any and all Persons and against any and all claims.
(c) At any time and from time to time, at the request of any Secured Party, the Obligor shall execute and deliver one or more financing statements and/or continuation statements (whether pursuant to the New York UCC or otherwise), and any amendments thereof and supplements thereto, and such other instruments as the Secured Parties shall reasonably require in order to perfect, protect, preserve and maintain the Security Interest, and shall pay the cost of filing and recording the same or filing and recording this Agreement or any such statements in all public offices wherever filing or recording is reasonably deemed by any Secured Party to be necessary or desirable. The Obligor agrees that a carbon, photographic or other reproduction of this Agreement or a financing statement is sufficient as a financing statement.
(d) The Obligor shall diligently collect all of its accounts and accounts receivable constituting Collateral unless and until the...
OBLIGORS' COVENANTS. From and after the Effective Date and continuing so long as any amount remains unpaid on any Note:
OBLIGORS' COVENANTS. Until all of the Obligations are paid in full, Obligors agree that, unless Secured Party otherwise agrees in writing in Secured Party’s Permitted Discretion:
OBLIGORS' COVENANTS. In the event of any inconsistency between this Article 4 and Article 4 of the Forbearance Agreement and Third Amendment, this Article 4 shall govern. The Obligors covenant and agree as follows from the date hereof and until the satisfaction of their Obligations, unless the Agent shall otherwise consent in writing:
OBLIGORS' COVENANTS. Obligors hereby covenant and agree with Bank that, as long as any of the Obligations remain unsatisfied, Obligors will comply with the following covenants:
OBLIGORS' COVENANTS
