AFFIRMATIVE AND FINANCIAL COVENANTS. Until the Core Currency Commitments and the Individual Currency Commitments of all Lenders have expired or been terminated and the principal of and interest on each Loan and all fees and other amounts payable under the Loan Documents shall have been paid in full and all Letters of Credit have expired and all LC Disbursements have been reimbursed, the Parent covenants and agrees with the Credit Parties that:
AFFIRMATIVE AND FINANCIAL COVENANTS. The Company covenants and agrees that on and after the Effective Date and until the later to occur of (a) the Commitment Termination Date, and (b) the payment in full of the Loans, the Reimbursement Obligations, the Fees and all other sums payable under the Loan Documents, the Company will:
AFFIRMATIVE AND FINANCIAL COVENANTS. The Company covenants and agrees that from and after the date hereof (except as otherwise provided herein, or unless Noteholders have given their prior written consent) so long as any shares of the December 2001 Preferred Stock are outstanding:
AFFIRMATIVE AND FINANCIAL COVENANTS. The Borrower covenants and agrees that on and after the Effective Date and until the later to occur of (a) the Revolving Credit Commitment Termination Date, and (b) the payment in full of the Notes and the performance by the Borrower of all of its other obligations under the Loan Documents, the Borrower will:
AFFIRMATIVE AND FINANCIAL COVENANTS. So long as this Agreement remains in effect, or as long as there is any principal or interest due under the Loan, unless Lender shall otherwise consent in writing, Company shall:
AFFIRMATIVE AND FINANCIAL COVENANTS. The Company covenants and agrees that from and after the date hereof (except as otherwise provided herein, or unless the Noteholders have given their prior written consent) so long as any of the shares of Preferred Stock are outstanding:
AFFIRMATIVE AND FINANCIAL COVENANTS. Company covenants and agrees that, from and after the date hereof (except as otherwise provided herein, or unless the Required Holders have given their prior written consent) so long as the Note is outstanding:
AFFIRMATIVE AND FINANCIAL COVENANTS. 20 (c) Communication with Accountants..............................22 (d) Tax Compliance..............................................22 (e) Insurance...................................................22 (f) Compliance with Law.........................................23 (g) Maintenance of Existence and Conduct of Business............23 (h) Access......................................................23 (i) Excess Cash.................................................23 (j) Exchange of Stock Certificates..............................23 (k) Lost, Stolen, Destroyed or Mutilated Stock Certificates.....23 (l) Further Assurances..........................................24 5.2 Negative Covenants............................................................24 (a) Permitted Acquisitions or Investments.......................24 (b) Sales of Assets; Liquidation................................24 (c) Capital Stock...............................................25 (d) Transactions with Affiliates................................25 (e) Liens, Etc..................................................25 (f) Indebtedness................................................25 (g) Restricted Payments.........................................26 (h) Sale and Leaseback Transactions.............................26
AFFIRMATIVE AND FINANCIAL COVENANTS. While any amount remains outstanding under this Credit Agreement or any other Finance Documents, or Borrower (or Pledgors) have any outstanding obligation under any of the Finance Documents, the Borrower covenants and agrees with Lender that, unless otherwise consented to in writing by the Lender, it shall comply with each of the affirmative and financial covenants set forth in Sections 8.01 and 8.03 of the Senior Loan Agreement, as such covenants may be amended, restated, supplemented, substituted, replaced or waived by the Senior Lenders, and such affirmative covenants shall apply mutatis mutandis in favour of Lender as if made herein, with such modifications as may be necessary in the circumstances. Notwithstanding the foregoing, in the event the Senior Lenders agree to release Borrower from all (but not less than all) of such affirmative and financial covenants, or the Senior Credit Facility is terminated or cancelled for any reason, or is repaid in full, the most recent affirmative and financial covenants applicable to the Borrower immediately prior to such cancellation, termination or repayment shall survive and be deemed to apply to the Credit Facility. For clarity, the affirmative and financial covenants of the Borrower as at the date hereof under the Senior Loan Agreement are contained in Schedule 10.1.
AFFIRMATIVE AND FINANCIAL COVENANTS. [The attached document is comprised of Sections 8.01 and 8.03 of the Senior Loan Agreement and is included for information purposes only. Reference should be made directly to said sections of the Senior Loan Agreement, as amended, restated, supplemented, substituted, replaced or waived by the Senior Lenders from time to time, subject to Section 10.1 of this Credit Agreement.] SCHEDULE 10.3 NEGATIVE COVENANTS [The attached document is comprised of Section 8.02 of the Senior Loan Agreement and is included for information purposes only. Reference should be made directly to said section of the Senior Loan Agreement, as amended, restated, supplemented, substituted, replaced or waived by the Senior Lenders from time to time, subject to Section 10.2 of this Credit Agreement.] SCHEDULE 13.1 ADDRESSES FOR NOTICE PURPOSES For the Lender: SOCIÉTÉ GÉNÉRALE (CANADA) 1501, avenue XxXxxx College Xxxxxx 0000 Xxxxxxxx (Xxxxxx) X0X 0X0 Attention: Xxxxxx Xxxxxxxxx, Managing Director Export Finance Tel: (000) 000-0000 Fax: (000) 000-0000 Electronic mail: xxxxxx.xxxxxxxxx@xxxxx.xxx For the Borrower: QUEBECOR MEDIA INC. 000 Xx-Xxxxxxx Xxxxxx Xxxxxxxx (Xxxxxx) X0X 0X0 Attention: Treasurer Tel: (000) 000-0000 Fax: (000) 000-0000 For the HERMES Agent: SOCIÉTÉ GÉNÉRALE FRANKFURT BRANCH Mainzer Xxxxxxxxxxx 00 00000 Xxxxxxxxx xx Xxxx Xxxxxxx Attention: Xxxx Hennewald Tel: +00 00 00 00 000 Fax: +00 00 00 00 000 Electronic mail: xxxx.xxxxxxxxx@xxxxx.xxx QuickLinks
