Certain Covenants. WSFS will issue the Notes under an indenture and a supplemental indenture, which are collectively referred to as the Indenture between WSFS and U.S. Bank National Association, as the trustee. The Indenture contains covenants that limit: (i) WSFS and WSFS Bank's ability to sell or otherwise dispose of certain equity securities of WSFS Bank; (ii) WSFS Bank's ability to issue certain equity securities; (iii) WSFS Bank's ability to merge or consolidate, or lease, sell, assign or transfer all or substantially all of its assets; and (iv) WSFS and WSFS Bank's ability to incur debt secured by certain equity securities of WSFS Bank. These covenants are subject to a number of important exceptions, qualifications and limitations.
Certain Covenants. The indenture contains certain covenants that, among other things, restricts AMCE's ability and the ability of AMCE's subsidiaries to: (i) incur additional indebtedness; (ii) pay dividends or make distributions in respect of capital; (iii) purchase or redeem capital stock; (iv) enter into transactions with certain affiliates; (v) become liable for any indebtedness that is subordinate or junior in right of payment to any senior indebtedness and senior in right of payment to the Notes; or (vi) consolidate, merge or sell all or substantially all of AMCE's assets, other than in certain transactions between one or more of AMCE's wholly-owned subsidiaries and AMCE. Unit # Theatre Name 410 Pga 000 Xxxxxxxx Xxxxx 000 Xxxxxxxx 449 Galleria 000 Xxxxxx Xxxxx 000 Xxxxx Xxxxxx 000 Xxxxxxx Xxxx 000 Xxxxxxxxx 000 Xxxxxxxxx 000 Xxxxxxxx Xxxxxx 484 Point Nasa 493 Regency 499 Lindbergh 507 Janaf 514 Lakeside (2 Units) 000 Xxxxxxx Xxxxxx 000 Xxxxxxxx City 000 Xxxxxxxxx 000 Xxxxxxx 000 Xxxxxxxxx 000 Xxxxxxxxxx Xxxx 000 Xxxx Xxxxxxx 000 Xxxxxxx Xxxx 000 Xxxxxx Xxxx 834 Lakeside (2 Units) 000 Xxxxx Xxxx 841 Wyoming Valley 000 Xxxxxxxxx Xx 000 Xxxxxxxxx Xxxx 861 San Mateo 000 Xxxxx Xxxxxxx 8 872 Summit Park 000 Xxxxxxxx Xxxx 000 Xxxxxxxxxxx 000 Xxxxxxxx 887 Colonial 000 Xxxxxxxxx Xxxx 000 Xxxxxxx Xxxx Xx 000 Xxxxxxxx 000 Xxxx Xx Xxxxxxx 000 Xxxxxxxxxx Xxxx 000 Xxxxxxx Plaza 8 000 Xxxxxxxxx Xxxx 000 Xxxxxxxx 10 915 Pembroke 000 Xxxxxxx Xxxxxx 000 Xxxxxxx Xxx 923 Xxxxxxxx 925 Fountains 8 928 Xxxxxxxxxx 000 Xxxxxxxx Xxxxxx 000 Xxxxx Xxxxx 000 Xxxxxxxxx 8 000 Xxxxxx Xxxx 947 Xxxx Xxxx 952 Canton Cinema 000 Xxxxxxx Xxxxxx 954 Market 7 955 Pittsford See Letter of Intent dated December 6, 2001 to which this Term Sheet is attached.
Certain Covenants. The indenture contains certain covenants that, among other things, restricts AMCE's ability and the ability of AMCE's subsidiaries to: (i) incur additional indebtedness; (ii) pay dividends or make distributions in respect of capital; (iii) purchase or redeem capital stock; (iv) enter into transactions with certain affiliates; (v) become liable for any indebtedness that is subordinate or junior in right of payment to any senior indebtedness and senior in right of payment to the Notes; or (vi) consolidate, merge or sell all or substantially all of AMCE's assets, other than in certain transactions between one or more of AMCE's wholly-owned subsidiaries and AMCE. Unit # Theatre Name 410 Pga 000 Xxxxxxxx Xxxxx 000 Xxxxxxxx 449 Galleria 000 Xxxxxx Xxxxx 000 Xxxxx Xxxxxx 000 Xxxxxxx Xxxx 000 Xxxxxxxxx 000 Xxxxxxxxx 000 Xxxxxxxx Xxxxxx 484 Point Nasa 493 Regency 499 Lindbergh 507 Janaf 514 Lakeside (2 Units) 000 Xxxxxxx Xxxxxx 000 Xxxxxxxx City 000 Xxxxxxxxx 000 Xxxxxxx 000 Xxxxxxxxx 000 Xxxxxxxxxx Xxxx 000 Xxxx Xxxxxxx 000 Xxxxxxx Xxxx 000 Xxxxxx Xxxx 834 Lakeside (2 Units) 000 Xxxxx Xxxx 841 Wyoming Valley 000 Xxxxxxxxx Xx 000 Xxxxxxxxx Xxxx 861 San Mateo 000 Xxxxx Xxxxxxx 8 872 Summit Park 000 Xxxxxxxx Xxxx 000 Xxxxxxxxxxx 000 Xxxxxxxx 887 Colonial 000 Xxxxxxxxx Xxxx 000 Xxxxxxx Xxxx Xx 000 Xxxxxxxx 000 Xxxx Xx Xxxxxxx 000 Xxxxxxxxxx Xxxx 000 Xxxxxxx Plaza 8 000 Xxxxxxxxx Xxxx 000 Xxxxxxxx 10 915 Pembroke 000 Xxxxxxx Xxxxxx 000 Xxxxxxx Xxx 923 Xxxxxxxx 925 Fountains 8 928 Xxxxxxxxxx 000 Xxxxxxxx Xxxxxx 000 Xxxxx Xxxxx 000 Xxxxxxxxx 8 000 Xxxxxx Xxxx 947 Xxxx Xxxx 952 Canton Cinema 000 Xxxxxxx Xxxxxx 000 Xxxxxx 0 000 Xxxxxxxxx AMC ENTERTAINMENT INC. 000 X. 00xx Xxxxxx, Xxxxx 0000 Xxxxxx Xxxx, Xxxxxxxx 00000 December 6, 2001 GC Companies, Inc. 0000 Xxxxxxxx Xxxxxx Xxxxxxxx Xxxx, Xxxxxxxxxxxxx 00000 Attn: G. Xxxx Xxxxxxx President and Chief Operating Officer Dear Xx. Xxxxxxx: The purpose of this letter of intent ("Letter") is to set forth certain non-binding understandings and certain binding agreements between AMC Entertainment Inc., a Delaware corporation ("AMCE" or "we"), and GC Companies, Inc., a Delaware corporation ("GCX" or "you"), and its affiliated debtors and debtors in possession (collectively, the "GCX Debtors") in cases under chapter 11 of the United States Bankruptcy Code that are currently pending the United States Bankruptcy Court for the District of Delaware (the "Court") as case nos. 00-3897 (EIK) to 00-3927 (EIK) (the "Chapter 11 Cases"), with r...
Examples of Certain Covenants in a sentence
Waiver of Certain Covenants 48 ARTICLE XI REDEMPTION OF SECURITIES Section 1101.
Certain Covenants of Company 25 ARTICLE 7 MISCELLANEOUS 27 Section 7.01.
The Notes and any relative Receipts and Coupons are direct, unconditional, unsubordinated and (subject to the provisions of Condition 4 (Certain Covenants)) unsecured obligations of the Issuer and rank pari passu among themselves and (except for certain obligations required to be preferred by law) equally with all other unsecured obligations (other than subordinated obligations, if any) of the Issuer, from time to time outstanding.
Waiver of Certain Covenants...............................................
Termination of Applicability of Certain Covenants if Notes Rated Investment Grade.
More Definitions of Certain Covenants
Certain Covenants. Transactions with Affiliates”; and
Certain Covenants and other provisions of the Indenture shall utilize GAAP in effect at the Issue Date.
Certain Covenants. The loan agreement will have customary terms, conditions and covenants associated with a credit facility of the type provided by BCE Nexxia to Clearwire. No disbursements of loan proceeds shall be made until such time as a definite loan agreement has been negotiated and entered into by Clearwire and Bell Security: Bell shall have a security interest in each item of tangible personal property purchased by Clearwire and located on a Canadian premise owned or controlled by Bell or any of its Affiliates. BCE NEXXIA/CLEARWIRE MASTER SUPPLY AGREEMENT SCHEDULE 4 APPOINTMENTS The initial appointees to the Executive Operating Committee are: For BCE Nexxia: o Trevor Anderson o Sal Iacono For Clearwire: o Xxx Xxxxxxxx Jxxx Xxx The initial appointees to txx Xxxxxxx Xxxxxxxxxx Xxxxxx xxx: For BCE Nexxia: o Lee Carlson For Clearwire: o Katherine Beal XXX XXXXXX/CLEARWIRE MASTER SUPPLX XXXXXXXXX SCHEDULE 5 TAKE BACK SERVICE ELEMENTS Take Back Service Elements relates to the right of Clearwire to assume responsibility and accountability with respect to Service Elements which are provided on a Dedicated basis, and as more particularly set forth below. o POP Site hardware and software including: o Session Boarder Controllers / RTPs, o Firewall equipment, o Media Gateways, o Switching, cabling and related patch panels. o Tier II / Tier III Support related to US POP hardware and software and / or Main Site (Toronto/Montreal) network hardware and software o US PSTN connectivity ordering and vendor management, including local connectivity, long distance connectivity, 911 and LNP related services. o US PSTN vendor selection for new market turn-up after PSTN connectivity vendor management take back. o Commissioning of US POP equipment with support from BCE Nexxia in the scenario where BCE Nexxia continues to support MCS complex facilities (servers or application servers) located in Canada. o Main Site network hardware and software including: o MCS complex facilities including CS2K and dedicated firewall, RTP, Switching and Routing equipment, cabling and patch panels, as well as Long Distance Media Gateways o All related software licenses and RTUs (right to use) purchased and dedicated to the Clearwire solution o Main Site OSS / IT Systems; o All computer hardware (i.e. servers) purchased on a Dedicated basis to support the delivery of VOIP Services (i.e. 911 and number portability) o All custom developed software (specifically custom API software) purchased or developed on a Dedi...
Certain Covenants the Parent Guarantor or the Borrower shall default in the due performance or observance by it of any term, covenant or agreement contained in (1) Sections 6.01(e) and (f), Section 6.01(j), Section 6.01(o), Section 6.05(i), Section 6.13 or Article VII of this Agreement, (2) Sections 6.01(a)-(c), 6.04, 6.09, 6.10, or 6.15 of this Agreement and such default is not remedied for a period of ten (10) days or (3) Sections 6.01(d), 6.01(n) or 6.16 of this Agreement and such default is not remedied for a period of three (3) Business Days; or”
Certain Covenants. At all times, ElderTrust must maintain the following covenants and ratios: (i) Minimum Equity Value (tangible net worth) of $[ ] million, (ii) Total Leverage/ Book Value not to exceed 70%, (iii) a ratio of Combined EBITDA/Interest Expense, for the prior four quarters, not less than 2.0 to 1.00, and (iv) Borrower prohibited from pledging ownership (equity) interest in any investment as security for indebtedness.
Certain Covenants. The Credit Documentation shall contain affirmative and negative covenants customary for financings of this type and other terms deemed appropriate by the Lenders as they would be offered to borrowers with a similar profile to the Borrowers, including, without limitation: