Covenant of the Borrower. The Borrower undertakes to make available to the Lender such financial information as the Lender may reasonably request.
Covenant of the Borrower. The Borrower covenants and agrees that from and after the date hereof he shall pay the Loan according to its terms.
Covenant of the Borrower. Borrower shall not enter into any written amendment or written waiver to the Note or any other Ancillary Agreement without the consent of the Guarantor. Borrower's failure to comply with the provisions of this Section 7 shall not affect in any manner whatsoever the Guarantor obligations to NFB hereunder.
Covenant of the Borrower. Relating to the Hedging Agreement. At all times during, on and after the Initial Funding until the Collection Date, a Hedging Agreement shall be in place. With respect to any Hedge Counterparty, in
Covenant of the Borrower. The Borrower covenants with the Lender that, so long as this Agreement shall remain in effect and until any obligation of the Lender to make Advances hereunder shall have terminated and the Loan and all other sums due to the Lender under this Agreement have been paid in full, it shall furnish the Lender prompt written notice of any Default or Event of Default, which notice shall specify the nature and extent thereof.
Covenant of the Borrower the Collection Agent and the Originators. Until the latest of the Facility Termination Date or the date on which no Obligations shall be outstanding or the date all other amounts owed by the Borrower hereunder to the Investors, the Banks, the Investor Agents or the Program Agent are paid in full, each of the Borrower, the Collection Agent and each Originator will, at their respective expense, from time to time during regular business hours as requested by the Program Agent or any Investor Agent, permit the Program Agent, any Investor Agent or their respective agents or representatives (including independent public accountants, which may be the Borrower's or the Parent's independent public accountants), (i) to conduct audits of the Receivables, Participated Receivables, the Related Security and the related books and records and collections systems of the Borrower, the Collection Agent or such Originator, as the case may be, (ii) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in the possession or under the control of the Borrower, the Collection Agent or such Originator, as the case may be, relating to Receivables, Participated Receivables and the Related Security, including, without limitation, the Contracts, and (iii) to visit the offices and properties of the Borrower, the Collection Agent or such Originator, as the case may be, for the purpose of examining such materials described in clause (ii) above, and to discuss matters relating to Receivables, Participated Receivables and the Related Security or the Borrower's, the Collection Agent's or such Originator's performance under the Transaction Documents or under the Contracts with any of the officers or employees of the Borrower, the Collection Agent or such Originator, as the case may be, having knowledge of such matters. In addition, upon any Agent's request no more than four times per year (but without such limitation if an audit deficiency is described during any such audit), the Program Agent will, at Borrower's expense, appoint independent public accountants or other Persons acceptable to the Agents (which shall not be the Parent's or the Borrower's independent public accountants who perform regular financial statement audits for the Parent and its Subsidiaries), to prepare and deliver to the Program Agent and each Investor Agent a written report with respect to the Receivables, Participated Receivables and...
Covenant of the Borrower. The Borrower hereby covenants that during the period of this Agreement:
Covenant of the Borrower. The Borrower covenants and agrees that it shall repay, on the date of the issuance of the Senior Notes, not less than $5,000,000 of Revolving Credit Loans with the proceeds of the issuance of the Senior Notes and, after giving effect to such repayment, Domestic Excess Availability shall be not less than $15,000,000.
Covenant of the Borrower. So long as any of the Principal Amount or other amounts payable hereunder remain outstanding or this Convertible Note is in effect, and except as otherwise permitted by the prior written consent of the Holder, the Borrower covenants and agrees to observe that it will be able to, and will duly and punctually, pay or cause to be paid when due the Principal Amount and all interest thereon.
Covenant of the Borrower. The Borrower hereby covenants that it will not consummate any merger, share exchange or similar transaction with Phar-Mor, Inc. or any affiliate thereof unless, prior to or simultaneously with the consummation of such merger, share exchange or similar transaction, it has (i) repaid all Loans (whether Syndicated Loans or Swingline Loans) then outstanding, (ii) repaid all Reimbursement Obligations then outstanding and paid to the Agent the Aggregate LC Amount (as defined in Section 6.01 of the Agreement) to be held by the Agent in accordance with the terms of the last four paragraphs of Section 6.01 of the Agreement, and (iii) terminated the Commitments of all Banks in their entirety. This covenant shall not affect the limitations on any such transaction imposed by any other provision of the Agreement.
