Covenants of the Lender. (a) The Lender hereby covenants to Borrower that it will not exercise any rights, including rights exercisable upon the occurrence of an Event of Default, that it has arising from or as a result of this Credit Agreement or any related agreement to cause Borrower or any Subsidiary of Borrower or any Permitted Related Owner to (i) enter into a lease or lease amendment that either (A) provides for payments that are based, directly or indirectly (including through sub-leasing), upon the net "income or profits" of any person (as defined in Section 856(d) (2) of the Code) or (B) requires Borrower or any Subsidiary of Borrower or any Permitted Related Owner to provide a service to a tenant, other than through an independent contractor (as defined in Section 856(d)(2) of the Code), where the provision of such service by Borrower or any of its Subsidiaries or any Permitted Related Owner would cause rents received by the Borrower or any of its Subsidiaries to fail to be "rents from real property" under Section 856(d)(2) of the Code, (ii) engage in a new line of business which (A) is unrelated to the development or leasing of real property and (B) would create a substantial risk, as a result of its generation of income not described in Section 856(c)(2) or (c)(3) of the Code, that Borrower would fail to qualify as a REIT under the Code or (iii) acquire an asset that would cause Borrower to fail to satisfy the asset test of Section 856(c)(5) of the Code; provided, however, that the foregoing covenants of this Section 5.04(a) shall not (x) preclude the Lender from collecting amounts due to the Lender under this Credit Agreement or from foreclosing on any property securing such indebtedness or (y) be deemed to have been breached or violated by the Lender as a result of any act or action (including, without limitation, the execution of a lease) made, done or taken by any receiver for any property of any Loan Party (including a receiver appointed at the request of the Lender) unless a motion to compel such act or action was made by the Lender to the court which appointed such receiver.
Covenants of the Lender. The Lender will, at the request of the Borrower, provide information and formal declarations as required by applicable laws, regulations and policies in connection with this Agreement or the rules and policies of the Canadian Venture Exchange.
Covenants of the Lender. As of the Effective Date and through the Term of this Agreement:
Covenants of the Lender. The Lender agrees and covenants that, unless, in each case, a Sub-Loan Event of Default shall have occurred and be continuing, it will not take, and it will not permit any Person lawfully claiming through or under it to take, any action inconsistent with Lessee’s rights under the Lease or any other Basic Document to which Lessee is a party, or otherwise through its own actions or failure to observe its obligations hereunder or under any other Basic Document or in any way interfere with or interrupt the quiet enjoyment of the use, operation and possession of the Aircraft, the Airframe or any Engine by Lessee.
Covenants of the Lender. The Lender hereby covenants in favour of the Borrower that he will cause all necessary steps and proceedings to be taken to permit the debt security to be duly and regularly transferred to the Borrower effective the Closing Date.
Covenants of the Lender. SECTION 13.08(a)
Covenants of the Lender. The Lender hereby covenants with the Borrower that:
Covenants of the Lender. The Lender covenants to the Borrower that, until the later of the Commitment Termination Date and the date on which no Advances shall be outstanding and all Obligations of the Borrower shall be paid in full:
Covenants of the Lender. Until this Agreement has been terminated and is of no further force and effect, the Lender will:
Covenants of the Lender. The Lender hereby covenants and agrees for the benefit of the Debtor as follows:
