CERTAIN NEGATIVE COVENANTS OF THE BORROWERS Sample Clauses
The "Certain Negative Covenants of the Borrowers" clause restricts borrowers from engaging in specific actions or behaviors that could negatively impact the lender's interests. Typically, this clause prohibits activities such as incurring additional debt, selling key assets, or making significant changes to the business structure without the lender's consent. By imposing these limitations, the clause helps protect the lender by maintaining the borrower's financial stability and reducing the risk of default.
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. The Borrowers covenant and agree that, so long as any Obligation is outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any obligation to issue, extend or renew any Letters of Credit:
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. Each Borrower agrees that, so long as any Loan or any Note or other Obligation is outstanding or the Lenders have any obligation to make Loans or participate in Loans or Letters of Credit or the Administrative Agent has any obligation to issue, extend or renew any Letters of Credit hereunder:
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. From and after the Restatement Effective Date, each Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or other Obligation (other than contingent obligations for which no claim has been asserted) is outstanding or any Lender has any obligation to make any Loans or the Issuing Lender has any obligation to issue or extend any Letters of Credit:
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. The Borrowers covenant and agree that, so long as any Loan or Note is outstanding or any of the Banks has any obligation to make any Loans:
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. Each of the Borrowers agrees that, so long as any Obligation is outstanding or the Banks have any obligation to make Loans, or the Canadian Banks have any Obligations with respect to Bankers’ Acceptances, or the Issuing Bank has any obligation to issue, extend or renew any Letters of Credit:
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. Each of the Borrowers covenants and agrees that, so long as any Revolving Credit Loan, Unpaid Reimbursement Obligation, Bankers' Acceptance, Letter of Credit or Revolving Credit Note is outstanding or any Bank has any obligation to make any Revolving Credit Loans or to accept and/or purchase any Bankers' Acceptances Participations or the Agent has any obligations to issue, extend or renew any Letters of Credit or to accept and/or purchase any Bankers' Acceptances:
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. 45 Section 7.1. Restrictions on Indebtedness. . . . . . . 45 Section 7.2. Restrictions on Liens. . . . . . . . . . . 46 Section 7.3. Restrictions on Investments. . . . . . . . 48 Section 7.4. Mergers, Consolidations, Sales. . . . . . 48 Section 7.5. Sale and Leaseback. . . . . . . . . . . . 50 Section 7.6. Restricted Distributions and Redemptions. 50 Section 7.7.
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. 78 9.1. Restrictions on Indebtedness. .......................................................78 9.2. Restrictions on Liens. ..............................................................80 9.3.
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. 51 7.1. Restrictions on Indebtedness.....................................................51 7.2. Restrictions on Liens............................................................52 7.3. Restrictions on Investments......................................................53 7.4. Merger, Consolidation and Disposition of Assets..................................54 7.4.1. Mergers and Acquisitions..................................................54 7.4.2. Disposition of Assets.....................................................56 7.5. Sale and Leaseback...............................................................56 7.6. Restricted Distributions and Redemptions.........................................56
CERTAIN NEGATIVE COVENANTS OF THE BORROWERS. Each Borrower covenants and agrees that, so long as the Revolving Credit Note and/or any Revolving Credit Loan is outstanding or the Lenders have any Available Total Commitment: