Special Covenants of the Company Sample Clauses

Special Covenants of the Company. The Company covenants and agrees that until all Warrants have been exercised in full:
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Special Covenants of the Company. The Company covenants and agrees that until the Expiration Date:
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Special Covenants of the Company. Section 6.1 General......................................................... 26 Section 6.2 Performance by the Authority, the Bank or the Trustee of Certain Company Obligations; Reimbursement of Expenses...................................................... 26 Section 6.3 Release and Indemnification Covenants........................... 27 Section 6.4 Agreement to Maintain Corporate Existence....................... 29 Section 6.5 Qualification in Alabama........................................ 30 Section 6.6 Notice of Adjudication of Invalidity............................ 31 Section 6.7 Protection of Security.......................................... 31
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Special Covenants of the Company. The Company covenants that from and after the date hereof and for so long as any of the Notes are outstanding or the Purchaser shall retain rights under the Option Agreement:
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Special Covenants of the Company. So long as any part of the principal amount of the Debentures shall remain outstanding, the Company covenants and agrees that:
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Special Covenants of the Company. (a) The Company hereby agrees, solely for the benefit of the holders from time to time of the CP Notes, that if at any of the Company's Valuation Dates the aggregate Discounted Value of the Company's Eligible Portfolio Property (calculated in the manner as set forth in the Articles Supplementary for comparison with the "RP Basic Maintenance Amount", but using the Discount Factor that results in the lowest Discounted Value) shall be less than the product of (i) 5.00 (or 4.05 if the Depositary has received notice from the Agent to the effect that the Required Lenders have agreed to 4.05) and (ii) the Company's then outstanding Indebtedness, the Company shall either cure such condition within four Business Days or, if such condition is not so cured, shall alter as promptly as is reasonably practicable the composition of its portfolio by selling assets (and holding the proceeds of such sales in cash or Deposit Securities with maturity dates not later than the next maturing CP Notes), and shall refrain from issuing any new CP Notes, until the total amount of the Company's cash and Deposit Securities at least equals the Company's then outstanding Indebtedness. Thereafter, the Company shall maintain cash and Deposit Security balances at least equal to the Company's outstanding Indebtedness until the aggregate Discounted Value of the Company's Eligible Portfolio Property (calculated in the manner as set forth in the Articles Supplementary for comparison with the "RP Basic Maintenance Amount", but using the Discount Factor that results in the lowest Discounted Value) again exceeds the product of (x) 5.00 (or 4.05 if the Depositary has received notice from the Agent to the effect that the Required Lenders have agreed to 4.05) and (y) the Company's outstanding Indebtedness as at any of the Company's Valuation Dates.
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Special Covenants of the Company. (a) The Company hereby agrees, solely for the benefit of the holders from time to time of the CP Notes, that if at any of the Company’s Valuation Dates the aggregate Discounted Value of the Company’s Moody’s Eligible Assets (if Xxxxx’ s is rating the CP Notes) or the S&P Eligible Assets (if S&P is then rating the CP Notes), as the case may be, (calculated in the manner as set forth in Appendix A hereto, in each case using the Issuance Test Discount Factors) shall be less than the CP Basic Maintenance Amount, the Company shall either cure such condition within three Business Days or, if such condition is not so cured, shall (i) draw upon the amounts available pursuant to the Credit Agreement (to the extant permissible under the terms thereof), liquidate Portfolio Securities, or a combination thereof and maintain the proceeds therefrom in cash and/or Deposit Securities and (ii) refrain from issuing any new CP Notes, in each case until the total amount of the Company’s cash and Deposit Securities at least equals the then outstanding Indebtedness (as such term is defined in the Credit Agreement). Thereafter, the Company shall maintain cash and Deposit Security balances at least equal to the outstanding Indebtedness until the aggregate Discounted Value of the Company’s Moody’s Eligible Assets (if applicable) and S&P Eligible Assets (if applicable) (calculated in the manner as set forth in Exhibit A hereto, in each case using the Issuance Test Discount Factors) again exceeds the CP Basic Maintenance Amount.
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Special Covenants of the Company 
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Related to Special Covenants of the Company

  • Additional Covenants of the Company The Company further covenants and agrees with each Underwriter as follows:

  • Negative Covenants of the Company Except as expressly contemplated by this Agreement or otherwise consented to in writing by Buyer, from the date of this Agreement until the Effective Time, the Company will not do any of the following:

  • FINANCIAL COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligation to issue, extend or renew any Letters of Credit:

  • Affirmative Covenants of the Company The Company hereby covenants and agrees as follows:

  • Negative Covenants of the Borrower So long as any Advance shall remain unpaid or the Liquidity Provider shall have any Maximum Commitment hereunder or the Borrower shall have any obligation to pay any amount to the Liquidity Provider hereunder, the Borrower will not appoint or permit or suffer to be appointed any successor Borrower without the prior written consent of the Liquidity Provider, which consent shall not be unreasonably withheld or delayed.

  • Covenants of the Company The Company covenants and agrees as follows:

  • CERTAIN NEGATIVE COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligations to issue, extend or renew any Letters of Credit:

  • Additional Covenants of the Parties Section 7.1.

  • AFFIRMATIVE COVENANTS OF THE BORROWERS Each Borrower (as to itself and its Subsidiaries, as applicable) covenants and agrees that, so long as any Loan or any Note is Outstanding or any Bank has any obligation to make any Loans:

  • Negative Covenants of the Seller From the date hereof until the Collection Date:

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