{"component": "clause", "props": {"groups": [{"samples": [{"hash": "lLbGAWKbCZQ", "uri": "/contracts/lLbGAWKbCZQ#specific-covenants", "label": "Credit Agreement (Array Digital Infrastructure, Inc.)", "score": 37.1368942261, "published": true}, {"hash": "8NiPSElbaBT", "uri": "/contracts/8NiPSElbaBT#specific-covenants", "label": "Credit Agreement (Array Digital Infrastructure, Inc.)", "score": 36.9452438354, "published": true}, {"hash": "1TWfurhPhrt", "uri": "/contracts/1TWfurhPhrt#specific-covenants", "label": "Credit Agreement (Telephone & Data Systems Inc /De/)", "score": 36.9452438354, "published": true}], "snippet_links": [{"key": "contained-in", "type": "definition", "offset": [73, 85]}, {"key": "with-respect-to-the-borrower", "type": "clause", "offset": [123, 151]}, {"key": "article-vii", "type": "definition", "offset": [171, 182]}], "snippet": "The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.03, 6.05(a) (solely with respect to the Borrower), 6.10, or 6.11 or Article VII; or", "size": 1218, "hash": "74d2b5fdd6412e5593b122840423fd15", "id": 1}, {"samples": [{"hash": "6iHYCzE1Q8W", "uri": "/contracts/6iHYCzE1Q8W#specific-covenants", "label": "September Maturity Credit Agreement (Tennessee Valley Authority)", "score": 32.2511978149, "published": true}, {"hash": "14q8aD5gVmL", "uri": "/contracts/14q8aD5gVmL#specific-covenants", "label": "Credit Agreement (Tennessee Valley Authority)", "score": 31.3408622742, "published": true}, {"hash": "6ja9CRaTGyk", "uri": "/contracts/6ja9CRaTGyk#specific-covenants", "label": "Credit Agreement (Tennessee Valley Authority)", "score": 30.7289524078, "published": true}], "snippet_links": [{"key": "contained-in", "type": "definition", "offset": [77, 89]}, {"key": "notice-thereof", "type": "clause", "offset": [170, 184]}, {"key": "to-the-borrower", "type": "definition", "offset": [197, 212]}, {"key": "the-administrative-agent", "type": "clause", "offset": [216, 240]}, {"key": "article-vii", "type": "definition", "offset": [395, 406]}], "snippet": "(i) The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.10 and such failure continues for five (5) Business Days after notice thereof is provided to the Borrower by the Administrative Agent; or\n(ii) The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.02(d), 6.03(a), 6.03(b), 6.05(a), 6.11 or Article VII; or", "size": 120, "hash": "a6b14dcaed8932c3666af203fdb19687", "id": 9}, {"samples": [{"hash": "ljBMPNi3lvj", "uri": "/contracts/ljBMPNi3lvj#specific-covenants", "label": "Credit Agreement (Green Plains Inc.)", "score": 34.8288841248, "published": true}, {"hash": "cCZHkvQfBrk", "uri": "/contracts/cCZHkvQfBrk#specific-covenants", "label": "Credit Agreement (Green Plains Partners LP)", "score": 34.8288841248, "published": true}, {"hash": "4vY5JCYPl1V", "uri": "/contracts/4vY5JCYPl1V#specific-covenants", "label": "Credit Agreement (Green Plains Inc.)", "score": 34.3360710144, "published": true}], "snippet_links": [{"key": "loan-party", "type": "definition", "offset": [4, 14]}, {"key": "contained-in", "type": "definition", "offset": [75, 87]}, {"key": "article-vii", "type": "definition", "offset": [149, 160]}], "snippet": "Any Loan Party fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03(a), 6.05(a), 6.10 or 6.11 or Article VII; or", "size": 725, "hash": "e9d7607042be4d4354a6fc5307a028df", "id": 2}, {"samples": [{"hash": "6tW8bBxySGA", "uri": "/contracts/6tW8bBxySGA#specific-covenants", "label": "Credit Agreement (BGC Group, Inc.)", "score": 37.3668708801, "published": true}, {"hash": "ji0IUWuNgbu", "uri": "/contracts/ji0IUWuNgbu#specific-covenants", "label": "Credit Agreement (Newmark Group, Inc.)", "score": 37.3011627197, "published": true}, {"hash": "hr8zXWbCIpB", "uri": "/contracts/hr8zXWbCIpB#specific-covenants", "label": "Credit Agreement (Newmark Group, Inc.)", "score": 35.3271713257, "published": true}], "snippet_links": [{"key": "loan-party", "type": "definition", "offset": [4, 14]}, {"key": "contained-in", "type": "definition", "offset": [75, 87]}, {"key": "business-days", "type": "clause", "offset": [149, 162]}, {"key": "with-respect-to", "type": "clause", "offset": [202, 217]}, {"key": "the-loan-parties", "type": "definition", "offset": [218, 234]}, {"key": "article-vii", "type": "definition", "offset": [261, 272]}], "snippet": "Any Loan Party fails to perform or observe any term, covenant or agreement contained in (i) Section 6.01 or 6.02 and such failure continues for five Business Days or (ii) any of Section 6.03(a); solely with respect to the Loan Parties, 6.05(a), 6.10 or 6.11 or Article VII; or", "size": 308, "hash": "6a9ea93ace24d133efb972042f75f025", "id": 3}, {"samples": [{"hash": "bmyKdxJngGL", "uri": "/contracts/bmyKdxJngGL#specific-covenants", "label": "Credit Agreement (Phillips Edison & Company, Inc.)", "score": 36.6687202454, "published": true}, {"hash": "jafc85Dtj1k", "uri": "/contracts/jafc85Dtj1k#specific-covenants", "label": "Credit Agreement (Phillips Edison & Company, Inc.)", "score": 36.1019859314, "published": true}, {"hash": "cozjtjTr9fS", "uri": "/contracts/cozjtjTr9fS#specific-covenants", "label": "Credit Agreement (Phillips Edison & Company, Inc.)", "score": 36.1019859314, "published": true}], "snippet_links": [{"key": "loan-party", "type": "definition", "offset": [4, 14]}, {"key": "contained-in", "type": "definition", "offset": [75, 87]}, {"key": "article-viii", "type": "clause", "offset": [149, 161]}], "snippet": "Any Loan Party fails to perform or observe any term, covenant or agreement contained in any of Section 7.01, 7.02, 7.03, 7.05, 7.10, 7.11 or 7.13 or Article VIII or", "size": 261, "hash": "c54254069922faf67cc732f24611d40a", "id": 4}, {"samples": [{"hash": "2t3mDNrcJp7", "uri": "/contracts/2t3mDNrcJp7#specific-covenants", "label": "Credit Agreement (Starbucks Corp)", "score": 36.455165863, "published": true}, {"hash": "52wctc7RmVp", "uri": "/contracts/52wctc7RmVp#specific-covenants", "label": "Credit Agreement (Starbucks Corp)", "score": 32.7097892761, "published": true}, {"hash": "ysE6rECmGt", "uri": "/contracts/ysE6rECmGt#specific-covenants", "label": "364 Day Credit Agreement (Starbucks Corp)", "score": 31.729637146, "published": true}], "snippet_links": [{"key": "the-company", "type": "clause", "offset": [0, 11]}, {"key": "contained-in", "type": "definition", "offset": [72, 84]}, {"key": "article-vii", "type": "definition", "offset": [141, 152]}], "snippet": "The Company fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03, 6.05, 6.10, or 6.11 or Article VII; or", "size": 260, "hash": "838f5c82a014cc171bf92435e1b657e9", "id": 5}, {"samples": [{"hash": "lX8j6pNDlB7", "uri": "/contracts/lX8j6pNDlB7#specific-covenants", "label": "Syndicated Facility Agreement and Unconditional Guaranty (Resmed Inc)", "score": 33.4928131104, "published": true}, {"hash": "jk5G4MPVCfR", "uri": "/contracts/jk5G4MPVCfR#specific-covenants", "label": "Credit Agreement (Resmed Inc)", "score": 33.4928131104, "published": true}, {"hash": "bV6xGd01BaM", "uri": "/contracts/bV6xGd01BaM#specific-covenants", "label": "Credit Agreement", "score": 31.3390369415, "published": true}], "snippet_links": [{"key": "contained-in", "type": "definition", "offset": [69, 81]}, {"key": "article-vii", "type": "definition", "offset": [149, 160]}, {"key": "grace-periods", "type": "clause", "offset": [281, 294]}, {"key": "the-guaranty", "type": "clause", "offset": [309, 321]}], "snippet": "Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03, 6.05, 6.10, 6.11, 6.12 or 6.13 or Article VII, or any Guarantor fails to perform or observe any term, covenant or agreement (after taking into account any applicable grace periods) contained in the Guaranty; or", "size": 187, "hash": "d5f8ad0b27bd401e2c9e4af5017095bb", "id": 6}, {"samples": [{"hash": "2Cn8RovGx7D", "uri": "/contracts/2Cn8RovGx7D#specific-covenants", "label": "Credit Agreement (Ichor Holdings, Ltd.)", "score": 34.7453804016, "published": true}, {"hash": "kYKrTvFALvP", "uri": "/contracts/kYKrTvFALvP#specific-covenants", "label": "Credit Agreement (Ichor Holdings, Ltd.)", "score": 34.1403160095, "published": true}, {"hash": "13QbyGRVj3y", "uri": "/contracts/13QbyGRVj3y#specific-covenants", "label": "Credit Agreement (Ichor Holdings, Ltd.)", "score": 33.1587944031, "published": true}], "snippet_links": [{"key": "contained-in", "type": "definition", "offset": [73, 85]}, {"key": "article-vii", "type": "definition", "offset": [175, 186]}], "snippet": "Any Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03, 6.05, 6.07, 6.10, 6.11, 6.12, 6.18, 6.20, 6.21, 6.24 or Article VII; or", "size": 171, "hash": "1db193bf6b734e3283860ea0abac44e1", "id": 7}, {"samples": [{"hash": "11iWalyForr", "uri": "/contracts/11iWalyForr#specific-covenants", "label": "Credit Agreement (JOANN Inc.)", "score": 35.3299102783, "published": true}, {"hash": "cRX1PDnWhdR", "uri": "/contracts/cRX1PDnWhdR#specific-covenants", "label": "Credit Agreement (JOANN Inc.)", "score": 32.5153999329, "published": true}, {"hash": "hBRj3kkt2iu", "uri": "/contracts/hBRj3kkt2iu#specific-covenants", "label": "Second Lien Term Credit Agreement (JOANN Inc.)", "score": 32.126625061, "published": true}], "snippet_links": [{"key": "restricted-subsidiary", "type": "definition", "offset": [18, 39]}, {"key": "in-the-case", "type": "clause", "offset": [44, 55]}, {"key": "contained-in", "type": "definition", "offset": [143, 155]}, {"key": "with-respect-to-the-borrower", "type": "clause", "offset": [199, 227]}, {"key": "article-vii", "type": "definition", "offset": [232, 243]}], "snippet": "The Borrower, any Restricted Subsidiary or, in the case of Section 7.13, Holdings, fails to perform or observe any term, covenant or agreement contained in any of Sections 6.03(a) or 6.05(a) (solely with respect to the Borrower) or Article VII; or", "size": 162, "hash": "2dbb299dbb2267f76cdeb24152936622", "id": 8}, {"samples": [{"hash": "eWG98l2QMxd", "uri": "/contracts/eWG98l2QMxd#specific-covenants", "label": "Second Amendment Agreement (Teledyne Technologies Inc)", "score": 27.9295005798, "published": true}, {"hash": "ATFl2DENdG", "uri": "/contracts/ATFl2DENdG#specific-covenants", "label": "Second Amendment Agreement (Teledyne Technologies Inc)", "score": 27.9295005798, "published": true}, {"hash": "8qAI7kgsQZz", "uri": "/contracts/8qAI7kgsQZz#specific-covenants", "label": "Loan Agreement (Teledyne Technologies Inc)", "score": 24.8904857635, "published": true}], "snippet_links": [{"key": "the-borrower", "type": "clause", "offset": [0, 12]}, {"key": "contained-in", "type": "definition", "offset": [73, 85]}, {"key": "article-viii", "type": "clause", "offset": [151, 163]}, {"key": "existing-revolving-credit-agreement", "type": "definition", "offset": [171, 206]}, {"key": "are-incorporated-herein-by-reference", "type": "clause", "offset": [227, 263]}, {"key": "in-accordance-with", "type": "clause", "offset": [264, 282]}], "snippet": "The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 7.01, 7.02, 7.03, 7.05(a), 7.10, 7.11, or 7.12 or Article VIII of the Existing Revolving Credit Agreement (as such provisions are incorporated herein by reference in accordance with Article VI hereof); or", "size": 87, "hash": "0e9144e9f14e776b7ef860fdd70093d1", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhtzcGVjaWZpYy1jb3ZlbmFudHMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Specific Covenants", "size": 6458, "children": [["unfair-competition-restrictions", "Unfair Competition Restrictions"], ["confidential-information-non-disclosure", "Confidential Information; Non-Disclosure"], ["company-property", "Company Property"], ["this-agreement", "This Agreement"], ["insurances", "Insurances"]], "parents": [["events-of-default", "Events of Default"], ["events-of-default-and-remedies", "Events of Default and Remedies"], ["anti-corruption-laws", "Anti-Corruption Laws"], ["miscellaneous", "Miscellaneous"], ["financial-covenants", "Financial Covenants"]], "id": "specific-covenants", "related": [["joint-covenants", "Joint Covenants", "Joint Covenants"], ["equipment-covenants", "Equipment Covenants", "Equipment Covenants"], ["operating-covenants", "Operating Covenants", "Operating Covenants"], ["specific-financial-covenants", "Specific Financial Covenants", "Specific Financial Covenants"], ["continuing-covenants", "CONTINUING COVENANTS", "CONTINUING COVENANTS"]], "related_snippets": [], "updated": "2026-05-21T06:14:27+00:00", "also_ask": ["What are the essential elements that must be included in a 'Specific Covenants' clause to ensure enforceability?", "How can 'Specific Covenants' be strategically tailored to protect client interests during negotiations?", "What are the most common risks or loopholes in 'Specific Covenants' that could undermine their effectiveness?", "How do courts typically interpret and enforce 'Specific Covenants' compared to general covenants?", "What industry or jurisdictional differences should be considered when drafting 'Specific Covenants'?"], "drafting_tip": "List each covenant separately to enhance clarity, use precise language to avoid ambiguity, and specify remedies for breach to ensure enforceability.", "explanation": "The Specific Covenants clause sets out particular promises or obligations that one or both parties must fulfill under the agreement. These covenants may include requirements such as maintaining certain financial ratios, refraining from specific activities, or performing designated actions within set timeframes. By clearly outlining these tailored commitments, the clause ensures that both parties understand their ongoing responsibilities, thereby reducing the risk of misunderstandings and helping to enforce compliance throughout the contract term."}, "json": true, "cursor": ""}}