Negative Covenants. The Postpetition Financing Documents shall contain negative covenants of the Borrower acceptable to the Lender.
Negative Covenants means any negative or similar restrictive covenant (including, without limitation, under Article 7) made by the Borrowers in this Agreement or in any other Loan Document.
Negative Covenants means any negative or similar restrictive covenant made by the Borrowers set forth in this Agreement or in any other Loan Document.
Examples of Negative Covenants in a sentence
Maintaining ratings Negative Covenants – The main negative covenants of the Agreement are detailed as follows: a.
The Issuer covenants to the Note Trustee on the terms of the Issuer's Negative Covenants and the Issuer Covenants.
Negative Covenants – The main negative covenants of the Agreement are detailed as follows: a.
Negative Covenants of the Borrowers 71 ARTICLE VI EVENTS OF DEFAULT 74 SECTION 6.01.
The Issuer covenants to the Debenture Holders and the Debenture Trustee that it shall comply with all of the Negative Covenants as set out in the Schedule VI hereof.
More Definitions of Negative Covenants
Negative Covenants. The following negative covenants, among others, if any, to be negotiated in the Senior Facilities Documentation, will apply (to be applicable to the Borrower and its restricted subsidiaries), subject to customary exceptions and qualifications (consistent with the Propco Bank Debt Documentation Principles) and others to be agreed upon:
Negative Covenants. The following negative covenants, among others, if any, to be negotiated in the Mezz Facility Documentation, will be applicable to the Borrower, CPLV Holding and CPLV Sub, subject to customary exceptions and qualifications (consistent with the Documentation Precedent) and others to be agreed upon; provided, that, such covenants shall in no event be more restrictive than the corresponding covenants in the CPLV Market Debt:
Negative Covenants. Except as set forth in Section 13 of Schedule A, Borrower will not, without Lender's prior written consent, (i) merge or consolidate with another Person, form any new Subsidiary or acquire any interest in any Person; (ii) acquire any assets except in the ordinary course of business and as otherwise permitted by this Agreement and the other Loan Documents; (iii) enter into any transaction outside the ordinary course of business; (iv) sell or transfer any Collateral or other assets, except that Borrower may sell finished goods Inventory in the ordinary course of its business; (v) make any loans to, or investments in, any Affiliate or other Person in the form of money or other assets; (vi) incur any debt outside the ordinary course of business; (vii) guaranty or otherwise become liable with respect to the obligations of another party or entity; (viii) pay or declare any dividends or other distributions on Borrower's stock, if Borrower is a corporation (except for dividends payable solely in capital stock of Borrower) or with respect to any equity interests, if Borrower is not a corporation; (ix) redeem, retire, purchase or otherwise acquire, directly or indirectly, any of Borrower's capital stock or other equity interests; (x) make any change in Borrower's capital structure; (xi) dissolve or elect to dissolve; (xii) pay any principal or interest on any indebtedness owing to an Affiliate, (xiii) enter into any transaction with an Affiliate other than on arms-length terms; or (xiv) agree to do any of the foregoing.
Negative Covenants are hereby amended and restated as follows:
Negative Covenants. Until the Commitments shall have expired or been terminated, the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full, all Letters of Credit shall have expired or been terminated and all LC Disbursements shall have been reimbursed, the Company covenants and agrees that: SECTION 6.01.
Negative Covenants. Similar to the Pinnacle Credit Agreement.
Negative Covenants. The Borrower will not, and will not permit any Subsidiary to: