Common use of COVENANTS BY THE ISSUER Clause in Contracts

COVENANTS BY THE ISSUER. The Issuer covenants with the Noteholder to: (a) perform and observe the obligations on its part contained in this Agreement to the intent that this Agreement shall enure for the benefit of all Noteholders each of whom may ▇▇▇ for the performance or observance of the provisions of this Agreement so far as his holding of Proceeds Loan Notes is concerned; and (b) comply with, and to procure that each of its subsidiaries complies with, its obligations under any third-party indebtedness borrowed, issued or guaranteed by it (including, but not limited to, the Senior Secured Bridge Facilities Agreement) and not to cause or permit, and to procure that none of the subsidiaries shall cause or permit, any event of default or termination event (howsoever described) to occur under any such third-party indebtedness.

COVENANTS BY THE ISSUER. The Issuer covenants with the Noteholder to: (a) perform and observe the obligations on its part contained in this Agreement to the intent that this Agreement shall enure for the benefit of all Noteholders each of whom may ▇▇▇ for the performance or observance of the provisions of this Agreement so far as his holding of Proceeds Loan Notes is concerned; and (b) comply with, and to procure that each of its subsidiaries complies with, its obligations under any third-party indebtedness borrowed, issued or guaranteed by it (including, but not limited to, the Senior Secured Bridge Facilities Facility Agreement) and not to cause or permit, and to procure that none of the subsidiaries shall cause or permit, any event of default or termination event (howsoever described) to occur under any such third-party indebtedness.