Single Purpose Entity Covenants. On and as of the date hereof and at all times while this Agreement or any Transaction hereunder is in effect, Seller covenants that:
Single Purpose Entity Covenants. Borrower hereby represents, warrants and covenants, as of the date hereof and until such time as the Obligations are paid in full, that without, in each case, the prior written consent of Lender (which may be withheld or conditioned by Lender in its sole and absolute discretion for any reason or for no reason):
Single Purpose Entity Covenants. Borrower hereby represents, warrants and covenants that without Lender’s prior written consent, which may be withheld in Lender’s sole discretion, and except as otherwise expressly permitted hereunder, Borrower has not, will not and shall not:
Single Purpose Entity Covenants. Borrower has not and shall not:
Single Purpose Entity Covenants. Notwithstanding anything to the contrary contained herein, for so long as that certain loan (the “Loan”) made by AMERICAN NATIONAL INSURANCE COMPANY, a Texas insurance company, (together with its successors and assigns, “Lender”) to the Company remains outstanding, in the event of any conflict or inconsistency between the provisions contained in this Section 9.15 and the other provisions of this Operating Agreement, the provisions contained in this Section 9.15 shall control and govern. All capitalized terms not defined herein shall have the respective meanings set forth in that certain Deed of Trust, Security Agreement and Financing Statement by and between the Company and Lender (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, the “Security Instrument”).
Single Purpose Entity Covenants. (a) Notwithstanding anything in this Agreement to the contrary, Company hereby covenants that, commencing on the date on which the Company incurs the Obligations and until such time as the Obligations are paid in full, that without, in each case, the prior written consent of the Lender affiliated with such Obligations, Company:
Single Purpose Entity Covenants. Mortgagor covenants and agrees that, as of the date hereof and so long as any of the Loan Documents shall remain in effect:
Single Purpose Entity Covenants. On and as of the Closing Date, Restructuring Amendment Date and at all times while this Agreement or any Transaction hereunder is in effect, Seller covenants that:
Single Purpose Entity Covenants. Each Seller hereby covenants with Purchaser, that as of the date hereof and for so long as any of the Transaction Documents shall remain in effect:
Single Purpose Entity Covenants. 88 21.6.1 Separate Existence......................................88 21.6.2 Independent Member......................................88 21.6.3 Limitation on Indebtedness and Guarantees...............88 21.6.4 Distributions...........................................89 21.6.5
