six.18 Rent Formspany should maybe not to get Accommodations that aren’t registered towards towards the form of applicable Rent Arrangement affixed hereto once the Display G as the amended (towards the extent perhaps not blocked hereunder).
Violation of Particular Covenants
six.19 Second Factory Facility. In the event the Provider otherwise people Associate of Part thereof enters into one modification, waiver or modification towards the Next Facility Business to add credit feet eligibility criteria which can be much more restrictive for the Provider otherwise any User otherwise Part thereof compared to the regards to that it Arrangement (for example modification getting called a “Factory Amendment”), next which Arrangement shall instantly feel considered altered to have for example significantly more minimal qualifications standards. Promptly however in no enjoy over five Business days following the brand new execution of every amendment to your Next Facility Facility files delivering have a glance at the web-site to own a factory Amendment, the firm shall present brand new Administrative Broker and every Bank that have a duplicate of such modification, together with to your a beneficial redacted base if required from the privacy constraints of these document.
6.20 Restricted Repayments. Neither Seller neither Organization have a tendency to allow Mother or father to claim or generate, otherwise invest in pay or create, yourself otherwise indirectly, people Minimal Payment, otherwise happen one obligation (contingent or else) to do so.
Violation regarding Representations, etcetera
(a) Incapacity and make Money Whenever Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Loan whether at stated maturity (including on the Maturity Date), by acceleration or otherwise; (ii) within three (3) Business Days after its due date, any interest on any Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or
(i) Incapacity off Merchant or people Subsidiary from Provider to invest when owed one dominating off otherwise attract with the or any other count payable in respect of a single or more bits of Indebtedness having a main number in excess of $step one,one hundred thousand,000, into the for every instance not in the elegance several months, if any, given therefor; or infraction otherwise standard because of the Provider or people Part of Vendor regarding every other question term away from (1) one or more bits of Indebtedness that have a primary count for the excess of $1,100000,000, or (2) one financing arrangement, mortgage, indenture or other arrangement in accordance with particularly goods(s) out-of Indebtedness, within the each situation beyond the elegance several months, or no, provided thus; or
(ii) Violation, default or other equivalent occurrence because of the Supplier or a joint venture partner away from Provider around other document or contract to which Administrative Broker or people Financial try an event to help you.
(d) People sign otherwise warranty, qualification or other declaration produced or considered made by Providers otherwise Merchant (or Provider because Servicer) in any Borrowing File or in one report otherwise certification from the at any time given by Organization or Seller (or Supplier since the Servicer) in writing pursuant hereto otherwise thereto or even in partnership herewith or therewith will be incorrect in every thing value, except that one icon, promise, degree or other declaration which is certified because of the materiality or “Question Adverse Impression”, in which particular case, such as for instance expression, promise, degree and other report are true and you will correct in most respects, from inside the per instance, at the time of the big date generated otherwise considered generated and you may such as for instance default should n’t have already been remedied or waived within thirty (30) months pursuing the prior to from (i) a 3rd party Manager away from Company or Provider to be conscious of including standard, otherwise (ii) receipt of the Team away from composed find from the Administrative Broker or one Lender of such default; or
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