Incapacity from Team to execute otherwise comply with one label otherwise status found in Section 5
six.18 Book Formspany should maybe not and acquire Apartments that are not registered into on the brand of relevant Rent Arrangement affixed hereto once the Display G due to the fact revised (on the total amount perhaps not banned hereunder).
Infraction off Particular Covenants
6.19 Next Facility Facility. When your Merchant otherwise one Associate of Part thereof goes in people amendment, waiver or amendment towards Second Warehouse Business to add borrowing feet eligibility standards that are significantly more restrictive on the Seller otherwise any Member otherwise Part thereof as compared to terms of so it Arrangement (eg modification becoming known as an excellent “Factory Modification”), upcoming which Arrangement shall immediately feel deemed altered to consist of instance way more limited qualifications standards. Promptly however in zero skills over four Business days after the the latest performance of any modification to your Next Factory Facility papers bringing to have a factory Amendment, the firm shall present the Administrative Broker and every Financial which have a copy of such amendment, in addition to to your a redacted base if required of the confidentiality constraints of such document.
six.20 Minimal Payments. None Seller neither Business will allow Parent to declare otherwise build, otherwise agree to pay otherwise build, privately or ultimately, people Limited Payment, otherwise incur one responsibility (contingent or else) to do so.
Violation regarding Representations, an such like
(a) Inability while making Repayments When 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