VARIANCE FROM COVENANTS Sample Clauses

VARIANCE FROM COVENANTS. In the event that the Guarantors anticipate a variance from any of the above covenants, except wherein PriceSmart, Inc. obtains greater percentage interest in PSMT Caribe, Inc., the Borrower, and/or PriceSmart El Salvador, S.A. de C.V., the Guarantors must obtain the Lender's consent thereto with an advance 60 days notice, which consent may be withheld at the Lender's sole discretion.