Additional Covenants definition

Additional Covenants is defined in Section 9.9.
Additional Covenants. There will be no actual or threatened conflict with, or violation of, any regulatory statute, standard or rule relating to the Lessee, its present or future operations, or the Equipment. Lessee will be required to provide quarterly financial information. All information supplied by the Lessee will be correct and will not omit any statement necessary to make the information supplied not be misleading. There will be no material breach of the representations and warranties of the Lessee in the lease. The representations will include that the Equipment Cost of each item of the Equipment does not exceed the fair and usual price for like quantity purchased of such item and reflects all discounts, rebates and allowances for the Equipment given to Lessee or any affiliate of Lessee by the manufacturer, supplier or anyone else including, without limitation, discounts for advertising, prompt payment, testing or other services. There will be no financial ratio covenants.
Additional Covenants means any negative covenant or similar restriction applicable to the Company or any Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a negative covenant) the subject matter of which either (i) is similar to that of any covenant in Sections 10 of the Agreement, or related definitions in this Schedule A of the Agreement, but contains one or more percentages, amounts or formulas that is more restrictive than those set forth herein or more beneficial to the holder or holders of the Indebtedness created or evidenced by the document in which such covenant or similar restriction is contained (and such covenant or similar restriction shall be deemed an Additional Covenant only to the extent that it is more restrictive or more beneficial) or (ii) is different from the subject matter of any covenant in Sections 10 of the Agreement, or related definitions in this Schedule A of the Agreement.

Examples of Additional Covenants in a sentence

  • D-1 EXHIBIT E Opinions of Borrower's Bond Counsel and General Counsel..............................E-1 EXHIBIT F Additional Covenants and Requirements.............................................................

  • D-1EXHIBIT E Opinions of Borrower's Bond Counsel and General Counsel..............................E-1 EXHIBIT F (1) Additional Covenants and Requirements .......................................................

  • Additional Covenants In addition to covenants contained in any Supplemental Indenture, and the Additional Indebtedness Covenant and the Rate Covenant (both described above), the following covenants apply to the Company, 407 ETR and any other Subsidiary: (a) All Bonds shall be secured by a guarantee given by 407 ETR to the Trustee under the Indenture and the security therefore.

  • Additional Covenants and Agreements of the Trustee 36 Section 6.13.

  • The Local Borrower certifies that the estimated Eligible Project Costs as listed in Section 1 of Exhibit B is a reasonable and accurate estimation of the Eligible Project Costs and, upon the direction of the Authority the Local Borrower will supply the Authority with a certificate from its engineer stating that such estimated Eligible Project Costs is a reasonable and accurate estimation.Article 2 Additional Covenants of the Local Borrower Section 2.1 Unconditional Obligations.


More Definitions of Additional Covenants

Additional Covenants shall not include covenants (or other provisions having similar effect) in an agreement with respect to Material Indebtedness of a Foreign Subsidiary unless such Material Indebtedness constitutes Applicable Foreign Indebtedness and (ii) any covenant (or other provision having similar effect) contained in an agreement relating to any Applicable Foreign Indebtedness which constitutes an Additional Covenant hereunder shall only apply to the same Persons to which the covenant (or other provision having similar effect) contained in such Applicable Foreign Indebtedness applies.
Additional Covenants means those covenants, warranties, representations and agreements set forth in Exhibit A hereto.
Additional Covenants means any affirmative or negative covenant (including any financial covenant) or similar restriction applicable to the Company or any Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a covenant) the subject matter of which either (a) is similar to that of any covenant in Section 9 or 10 of this Agreement, or related definitions in Schedule A of this Agreement, but contains one or more percentages, amounts or formulas that is more restrictive than those set forth herein or more beneficial to the holder or holders of the Indebtedness created or evidenced by the document in which such covenant or similar restriction is contained (and such covenant or similar restriction shall be deemed an Additional Covenant only to the extent that it is more restrictive or more beneficial) or (b) is different from the subject matter of any covenant in Section 9 or 10 of this Agreement, or related definitions in Schedule A of this Agreement.
Additional Covenants. There shall be no actual or threatened conflict with, or violation of, any regulatory statute, standard or rule relating to the Borrower, its present or future operations, or the Collateral. All information supplied by the Borrower shall be correct and shall not omit any statement necessary to make the information supplied not be misleading. There shall be no material breach of the representations and warranties of the Borrower in the Loan Agreement. The representations shall include that the Cost of each item of the Collateral does not exceed the fair and usual price for like quantity purchases of such item. The master loan and security agreement shall also contain the following covenant.
Additional Covenants means any affirmative or negative covenant or similar restriction applicable to any Guarantor (regardless of whether such provision is labeled or otherwise characterized as a covenant) the subject matter of which either (i) is similar to that of the covenants in paragraph 8 of this Agreement, or related definitions, but is more beneficial to the holder or holders of the Indebtedness created or evidenced by the document in which such covenant or similar restriction is contained (and such covenant or similar restriction shall be deemed an Additional Covenant only to the extent that it is more restrictive or more beneficial) or (ii) is different from the subject matter of the covenants in paragraph 8 of this Agreement, or related definitions.
Additional Covenants. There shall be no actual or threatened conflict with, --------------------- or violation of, any regulatory statute, standard or rule relating to the Lessee, its present or future operations, or the Equipment. All information supplied by the Lessee shall be correct and shall not omit any statement necessary to make the information supplied not be misleading. There shall be no material breach of the representations and warranties of the Lessee in the lease. The representations shall include that the Equipment Cost of each item of the Equipment does not exceed the fair and usual price for like quantity purchases of such item and reflects all discounts, rebates and allowances for the Equipment given to Lessee, any affiliate of Lessee by the manufacturer, supplier or anyone else including, without limitation, discounts for advertising, prompt payment, testing or other services. Lessee shall provide confirmation that the facilities lease at each of the locations at which the equipment is located, has remaining term of at lease 125% of the term contemplated herein.
Additional Covenants means the covenants detailed at the Third Schedule of this Lease.