Common use of Covenants of the Pledgors Clause in Contracts

Covenants of the Pledgors. Each Pledgor covenants and agrees that it will take no action which would have the effect of materially impairing the position or interests of the Pledgee hereunder except as expressly permitted by this Agreement.

Appears in 2 contracts

Sources: Hypothecation Agreement (Southwest General Hospital Lp), Credit Agreement (Iasis Healthcare Corp)