Operating Covenants definition

Operating Covenants means any covenants set forth on SCHEDULE 1 to this Certificate of Designation.
Operating Covenants means the covenants described herein.
Operating Covenants means, collectively, as the same may be amended, restated, supplemented or otherwise modified from time to time, each of those agreements more specifically described on Schedule V.

Examples of Operating Covenants in a sentence

  • Such consent is effective, non-withdrawable and not subject to any condition or the performance of any obligation Interim Operating Covenants SpinCo Assets, Comcast Swapped Assets and Taxable Purchase Assets (to the extent currently owned by Comcast) to be operated by Comcast in the ordinary course of business and pursuant to customary limitations/commitments.

  • Except as set forth on Schedule V, the Operating Covenants have not been modified, amended or supplemented.

  • Seller’s Operating Covenants and Seller’s Ringfencing Covenants are herein collectively referred to as “Seller’s Covenants”.

  • The Operating Covenants are each in full force and effect and neither Borrower nor, to Borrower’s Knowledge, any other party to the Operating Covenants, is in default thereunder, and to Borrower’s Knowledge, there are no conditions which, with the passage of time or the giving of notice, or both, would constitute a default thereunder.

  • In the event Operator or Manager fails to so use and operate the Mortgaged Property, Lender shall have the right to enforce the Operating Covenants directly against Operator and Manager upon Borrower’s failure to do so, in accordance with the provisions of the Instrument and this Assignment.

  • For the avoidance of doubt, nothing in this Section 6(d) shall limit any Party’s rights to civil discovery pursuant to the applicable rules of any court or arbitral body.Rights and Operating Covenants; Representations and Warranties.

  • Operating Covenants ..................................................................................

  • No Distribution by Borrower shall be made or accepted by any Person at any time if, after giving effect to such Distribution, (i) Borrower would be rendered insolvent, (ii) Borrower would be unable to make the required payments under the Loan Documents or otherwise perform its Obligations, (iii) such Distribution would otherwise result in a Material Adverse Change or (iv) after giving effect to such Distribution, any of the Financial and Operating Covenants would be violated.

  • You agree to use the Premises in compliance with the provisions of attached Exhibit B entitled "Rules, Regulations and Additional Operating Covenants." Certain provision of Exhibit B apply specifically to your employees at the Property.

  • Interim Operating Covenants · Gold will agree to interim operating covenants applicable to the period between signing and closing consistent with Section 4.11 of the Investment Agreement (provided, however, that the effectiveness of the covenants set forth in Section 4.11(a)(ii) and Section 4.11(b) will not extend beyond the one-year anniversary of the Closing).


More Definitions of Operating Covenants

Operating Covenants. Usual and customary for transactions of this type, including without limitation, restrictions on indebtedness, guarantees and other liabilities (other than certain permitted baskets to be determined), liens, acquisitions, investments, dividends and other distributions, mergers, sales of assets, subsidiary distributions, voluntary payments of other debt, derivative contracts, affiliate transactions, negative pledges, etc. Standard affirmative covenants regarding payment of claims and taxes, conduct of business, compliance with laws and contracts, ERISA compliance, etc. Such other terms and conditions as may be necessary, in the reasonable judgment of the Agent, to complete a successful syndication of the Facilities. The Agent reserves the right to conduct commercial finance examinations, if deemed necessary.
Operating Covenants means the covenants and agreements described on Exhibit "G" hereto.
Operating Covenants means the covenants in Section 4.1 and Section 4.2(c) and (e) through (aa).
Operating Covenants shall have the meaning as defined in Section 14(a) of this Agreement.
Operating Covenants means the covenants described in Section 3.48.030 of this

Related to Operating Covenants

  • Covenants means the covenants set forth in Section 4 of this Agreement.

  • Environmental covenant means a servitude arising under an environmental response project that imposes activity and use limitations.