name / content / group

content: 416512

name: Affirmative Covenants

Affirmative Covenants. Each of CWM, Indy Mac and ILC hereby covenants and agrees, and the Companies, jointly and severally, hereby covenant and agree, with the Administrative Agent, the L/C Bank and each Lender that, as long as any Obligations remain unpaid or the L/C Bank or any Lender has any obligation to issue, maintain or participate in any Letter of Credit (provided that with respect to any Letter of Credit which remains outstanding on the Maturity Date, so long as the Companies shall have complied with the requirements of Paragraph 6B(k) above regarding such Letter of Credit, such covenants shall expire and shall have no further effect after the Maturity Date) or to make Loans hereunder, each of CWM, Indy Mac and ILC, or the Companies, as applicable, shall:
Affirmative Covenants. Each of CWM, Indy Mac and ILC hereby covenants and agrees, and the Companies, jointly and severally, hereby covenant and agree, with the Administrative Agent and each Lender that, as long as any Obligations remain unpaid or any Lender has any obligation to make Loans hereunder, each of CWM, Indy Mac and ILC, or the Companies, as applicable, shall: