Trustee Covenant Sample Clauses

Trustee Covenant. In accordance with Section 11.01(d) of the Indenture, the Trustee hereby agrees and covenants to furnish, promptly after the execution of this Amendment No. 1, written notification of the substance of this Amendment No. 1 and the Consent to each of the Noteholders.
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Trustee Covenant. The Trustee covenants with the Purchaser that it shall not at any time during the period of three years commencing on the date of Completion apply any of the assets of the Trust for the time being in investment in or support of (whether by equity subscription, loan, gift, guarantee or other financial assistance) any undertaking under the control of the trustees or beneficiaries of the Trust within the meaning of clause 7.1.4 which or any subsidiary of which carries on or is directly or indirectly engaged or interested in the business conducted by the Companies as at the date of Completion, which is agreed to comprise the origination (being the conception and initial design), marketing control (being decisions upon pricing, distribution, target markets and similar matters) and sale directly to the using public and directly or indirectly to retailers (or distributors selling to retailers) of the following products:
Sample 1

Related to Trustee Covenant

  • Negative Covenant Except as otherwise expressly permitted by this Agreement, between the date of this Agreement and the Closing Date, Sellers will not, and will cause the Company not to, without the prior consent of Buyer, take any affirmative action, or fail to take any reasonable action within their or its control, as a result of which any of the changes or events listed in Section 3.16 is likely to occur.

  • AFFIRMATIVE COVENANTS Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • BORROWER'S NEGATIVE COVENANTS Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • Additional Affirmative Covenants All affirmative covenants made by the Borrowers or Guarantors or any of them in the Credit Agreement are incorporated herein by reference and are hereby also made by Trustor as to itself and the Trust Property as though such covenants were set forth at length herein as the covenants of Trustor.

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Certain Negative Covenants Each of the Borrowers covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any obligations to issue, extend or renew any Letters of Credit:

  • NEGATIVE COVENANTS So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly:

  • Borrower Negative Covenants Borrower covenants and agrees with Lender that:

  • Negative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Additional Negative Covenants Not to, without the Bank's written consent:

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