Common use of Affirmative Covenant Clause in Contracts

Affirmative Covenant. The Guarantor hereby covenants and agrees that, until payment in full of the Guaranteed Obligations and termination of all commitments with respect thereto, the Guarantor shall comply with all of the covenants and other provisions of the Debentures which apply to it (if any).

Appears in 3 contracts

Samples: Secured Guaranty (Guardian 8 Holdings), Secured Guaranty (Guardian 8 Holdings), Secured Guaranty (EnerJex Resources, Inc.)

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Affirmative Covenant. The Each Guarantor hereby covenants and agrees that, until payment in full of the Guaranteed Obligations and termination of all commitments with respect thereto, the such Guarantor shall comply or cause another entity to comply with all of the covenants and other provisions of the Debentures which apply to it (if any) or such controlled party (if any).

Appears in 1 contract

Samples: Secured Guaranty (U S Wireless Data Inc)

Affirmative Covenant. The Each Guarantor hereby covenants and agrees that, until payment in full of the Guaranteed Obligations and termination of all commitments with respect thereto, the such Guarantor shall comply with all of the covenants and other provisions of the Debentures which apply to it (if any).

Appears in 1 contract

Samples: Secured Guaranty (PRB Energy, Inc.)

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Affirmative Covenant. The Each Guarantor hereby covenants and agrees that, until payment in full of the Guaranteed Obligations and termination of all commitments with respect thereto, the such Guarantor shall comply or cause another entity to comply with all of the covenants and other provisions of the Debentures Promissory Notes which apply to it (if any) or such controlled party (if any).

Appears in 1 contract

Samples: Secured Guaranty (Tribeworks Inc)

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