Loan Covenants. The following covenants will apply during the term of the Loan. If any covenants are inserted below they do not limit the operation of any other part of this Agreement: [list any loan covenants]
Loan Covenants. The Company agrees that until all Obligations have been paid in full, the Company will not take any of the following actions without the consent of the Buyer:
Loan Covenants. (a) Borrower will deliver, or cause to be delivered, to Lender:
Loan Covenants. (a) At all times while the indebtedness remains outstanding, the Loan to Value shall not exceed 65%, based upon the then most recent Appraised Value of the Mortgaged Property reviewed and found acceptable by the Maker.
Loan Covenants. Borrower agrees and covenants to Lender that so long as -------------- any of the Loan or other amounts owing to Lender shall remain unpaid Borrower shall:
Loan Covenants. Throughout the term of the Loan, Guarantor shall comply with all requirements and covenants of the Lease applicable to Guarantor, including, without limitation, Sections 14.5, 14.6, 14.9, and Article 23.
Loan Covenants. MFFB shall not be obligated to make payments pursuant to Paragraphs 2 or 5, to the extent that such payments would exceed the consolidated federal income taxes (including estimated taxes) payable by Parent in respect of the Group, unless MFFB's ratio of "Net Indebtedness" to "Consolidated EBITDA" (as such terms are defined in the indenture for the senior secured notes due 2011 issued by MFFB (the "Indenture")) is less than 3.75:1.0 and MFFB is otherwise in compliance with the terms of the Indenture governing such senior secured notes. Any payments precluded by this provision shall nonetheless accrue and be payable when MFFB's ratio of "Net Indebtedness" to "Consolidated EBITDA" is less than 3.75:1.0 and MFFB is otherwise in compliance with the terms of the Indenture governing such senior secured notes. MFFB shall not make payments under this Agreement unless Parent shall have complied with the certification requirement of Section 4.10 of the Indenture.
Loan Covenants. In regard to the financial covenants set forth in paragraphs 6(d), (e) and (f) of the Loan Agreement, compliance with those financial covenants by Automotive One is hereby waived until the Maturity Date, PROVIDED, HOWEVER, that if Automotive One fails to meet the covenant in the following sentence, then Automotive One will be required to comply with such financial covenants commencing as of June 1, 1997. Automotive One further covenants and agrees that it will file with the Securities and Exchange Commission a registration statement under the Securities Act of 1933, as amended, for an initial public offering of its shares by no later than the Filing Date. Automotive One shall keep APS and AFCO advised as to the status of said filing and furnish APS and AFCO with copies of the filings as and when made.
Loan Covenants. A. During the term of this Note Borrower shall maintain a minimum of $5,000,000.00 of liquidity which shall be net of any outstandings under this Note which have not been utilized for acquisition, development, stabilization, or other Bank approved real property related expenses. When calculating liquidity the following may be included by Borrower as liquid assets:
Loan Covenants. Unless the Bank shall otherwise agree in writing, for so long as this agreement shall remain in effect and until all of the Obligations are paid in full, the Borrower agrees as follows:
