OPENING COVENANTS Sample Clauses
The Opening Covenants clause sets out the initial promises and obligations that each party must fulfill at the start of an agreement. Typically, these covenants require parties to confirm that certain conditions are met, such as having the authority to enter into the contract, ensuring no legal impediments exist, or providing necessary documentation. By clearly outlining these baseline commitments, the clause helps establish trust and ensures that both parties are legally and practically prepared to proceed, thereby reducing the risk of disputes or delays at the outset of the contractual relationship.
OPENING COVENANTS. Prior to or concurrently with the execution and delivery of this Agreement, Holdings shall, on behalf of the Borrowers, furnish to Agent originals or copies for delivery to each Lender and the Letter of Credit Issuer of the following:
OPENING COVENANTS. Prior to or concurrently with the execution and delivery of this Agreement, the Company shall furnish to each Lender, and with regard to Section 5.6, the Administrative Agent, copies of the following:
OPENING COVENANTS. Prior to or concurrently with the execution and delivery of this Agreement, the Company shall furnish to each Bank the following:
OPENING COVENANTS. Prior to or concurrently with the execution and delivery of this Agreement, the Borrowers shall furnish to Agent originals or copies for delivery to each Bank and the Letter of Credit Bank of the following:
OPENING COVENANTS. Prior to or concurrently with the execution and delivery of this Agreement, the Borrower shall furnish to the Bank the following:
OPENING COVENANTS. 55 SECTION 4.02. Prior to Initial Credit Event.................................................................... 55 SECTION 4.03. Each Credit Event................................................................................ 58 ARTICLE V Affirmative Covenants SECTION 5.01.
OPENING COVENANTS. Section 6.2 Prior to Initial Credit Event............................................... 44