Common use of COVENANT OF BORROWER Clause in Contracts

COVENANT OF BORROWER. The Borrower covenants that it will not, without the prior written consent of the Lender, permit the General Partner to agree to amend Section 5.12 of the Partnership Agreement if the effect thereof would be to expand the purposes to which amounts in the G P's Special Reserve would be applied.

Appears in 2 contracts

Sources: Loan Agreement (Covol Technologies Inc), Loan Agreement (Covol Technologies Inc)