Affirmative Covenants Other Than Reporting Requirements Sample Clauses
The "Affirmative Covenants Other Than Reporting Requirements" clause obligates a party, typically a borrower, to undertake specific actions or maintain certain standards throughout the term of an agreement, excluding those related to providing regular reports or disclosures. These covenants may include requirements such as maintaining insurance, preserving corporate existence, complying with laws, or keeping assets in good condition. By setting out these ongoing obligations, the clause ensures that the party upholds key operational and legal standards, thereby protecting the interests of the other party and reducing the risk of default or deterioration in the borrower's condition.
Affirmative Covenants Other Than Reporting Requirements. 17 (a) Punctual Payment ............................................. 17 (b) Payment of Taxes and Trade Debt .............................. 17 (c) Maintenance of Insurance ..................................... 17 (d) Preservation of Corporate Existence .......................... 17 (e) Compliance with Laws ......................................... 18 (f)
Affirmative Covenants Other Than Reporting Requirements. Borrower covenants to the Agent and each of the Banks that, so long as Borrower may borrow hereunder and until payment in full of all of the Debt, Borrower will:
Affirmative Covenants Other Than Reporting Requirements. Without limiting any other covenants and provisions hereof, each Borrower and, with respect to a Borrower composed of Portfolios, each Portfolio severally but not jointly covenant and agree that, so long as any Note, any Loan or any obligation of such Borrower or Portfolio to the Bank, in any capacity, remains unpaid:
Affirmative Covenants Other Than Reporting Requirements. Without limiting any other covenants and provisions hereof, the Borrower covenants and agree that, so long as any Loan or Letter of Credit is outstanding or this Agreement remains in effect:
Affirmative Covenants Other Than Reporting Requirements. Without limiting any other covenants and provisions hereof, as long as any of the Notes or Warrants are outstanding, each Company covenants and agrees that it will perform and observe the following covenants and provisions as are applicable to it, and Matec covenants and agrees that it will perform and observe the following covenants and provisions and will cause each other Company and each Subsidiary to perform and observe such of the following covenants and provisions as are applicable to such other Company and such Subsidiary:
Affirmative Covenants Other Than Reporting Requirements. So long as any Indebtedness evidenced by either Note shall remain unpaid, the Borrower, each Guarantor and each Subsidiary of the Borrower or each Guarantor will, unless the Lender shall otherwise consent in writing:
Affirmative Covenants Other Than Reporting Requirements. Without ------------------------------------------------------- limiting any other covenants and provisions hereof, the Company covenants and agrees that, as long as any of the Notes or Warrants are outstanding, it will perform and observe the following covenants and provisions and will cause each Subsidiary to perform and observe such of the following covenants and provisions as are applicable to such Subsidiary:
Affirmative Covenants Other Than Reporting Requirements. Borrower hereby covenants and agrees that until payment in full of the Note and all other Debt evidenced by the other Loan Documents or unless otherwise consented to in writing by L▇▇▇▇▇, Borrower shall:
Affirmative Covenants Other Than Reporting Requirements. Throughout the term of this Agreement, each of Helicon and CSHL shall:
(a) Comply in all material respects with the requirements of all applicable laws, rules, regulations and orders of any government authority to the extent necessary to conduct the Research Program;
(b) Maintain and preserve all of its properties, rights and assets to be used in the proper conduct of the Research Program in good working order and condition in accordance with the general practice of other companies of similar size and character; and
(c) Conduct all experiments related to the Research Program and maintain all facilities used in connection therewith in accordance with Medical Research Council Guidelines, where applicable, and with all applicable federal, state, and local environmental requirements.
Affirmative Covenants Other Than Reporting Requirements. Foster and Natmaya co▇▇▇▇▇▇ to the Agent and each of the Banks that, so long as any Borrower may borrow hereunder and until payment in full of all of the Debt, each of the Borrowers will: