Examples of Specified Obligors in a sentence
Modify or change its method of accounting or ------------------ enter into, modify, or terminate any agreement currently existing, or at any time hereafter entered into with any third party accounting firm or service bureau for the preparation or storage of the Specified Obligors' accounting records without said accounting firm or service bureau agreeing to provide Agent information regarding the Collateral, UK Sub Collateral, Canadian Sub Collateral or the Specified Obligors' financial condition.
Directly or indirectly enter into or ---------------------------- permit to exist any material transaction with any Affiliate of the Specified Obligors, except for transactions that are in the ordinary course of the applicable Specified Obligor's business, that are upon fair and reasonable terms, that are fully disclosed to Agent, and that are no less favorable to such Specified Obligor than would be obtained in an arm's length transaction with a non-Affiliate.
The Specified Obligors shall deliver originals of all such policies to Agent with 438 BFU lender's loss payable endorsements or other reasonably satisfactory lender's loss payable endorsements, naming Agent as sole loss payee or additional insured, as appropriate.
The Specified Obligors agree not to transfer assets out of any Securities Accounts; provided, however, that, so long as no Event of Default -------- ------- has occurred and is continuing or would result therefrom, the Specified Obligors may use such assets to the extent permitted by this Agreement.
Sell, lease, assign, transfer, or otherwise ------------------ dispose of any of the Specified Obligors' properties or assets, other than pursuant to Permitted Dispositions .