six.18 Lease Formspany shall not and get Accommodations which are not inserted with the with the version of applicable Rent Contract connected hereto once the Exhibit G since amended (towards the the amount perhaps not prohibited hereunder).

Infraction of Certain Covenants

6.19 2nd Facility Business. If for example the Vendor or one Representative regarding Subsidiary thereof enters into any modification, waiver otherwise amendment into Second Factory Facility to add borrowing from the bank base qualification standards that are a whole lot more limiting towards Vendor otherwise any Representative or Subsidiary thereof as compared to terms of this Contract (eg modification getting referred to as a good “Facility Amendment”), next so it Agreement will immediately end up being considered changed in order to have such as much more minimal qualification requirements. Timely however in no feel more than five Business days after the this new execution of every amendment on Second Facility Facility records taking to possess a warehouse Amendment, the company should give the fresh new Management Agent and each Lender having a copy of such amendment, together with towards the a beneficial redacted basis if required by the privacy limits of such document.

6.20 Limited Costs. None Merchant nor Team commonly permit Father or mother so you can claim otherwise build, or agree to shell out or create, directly otherwise indirectly, people Minimal Fee, or bear one duty (contingent if not) to do this.

Infraction out-of Representations, etcetera

(a) Failure and come up with Repayments 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 out-of Seller otherwise any Subsidiary out of Seller to spend when owed any prominent regarding or notice to the or any other amount payable in respect of 1 or more bits of Indebtedness which have a primary count over $step 1,100000,one hundred thousand, in for each circumstances not in the grace period, or no, provided therefor; or infraction or standard because of the Seller https://paydayloanscalifornia.org/cities/riverside/ or one Part regarding Merchant regarding almost every other thing identity of (1) a minumum of one items of Indebtedness with a principal number inside more than $1,100,100000, or (2) one mortgage agreement, home loan, indenture or any other arrangement per including product(s) from Indebtedness, during the per case outside of the elegance several months, or no, considering therefore; otherwise

(ii) Infraction, default or other similar thickness because of the Supplier or an affiliate marketer out of Merchant below almost every other document or arrangement that Administrative Broker or people Financial try an event so you’re able to.

(d) One symbolization otherwise promise, degree and other statement made or considered from Business otherwise Vendor (or Supplier given that Servicer) in every Borrowing Document or even in one declaration or certification within any moment offered by Team otherwise Merchant (otherwise Provider since Servicer) in writing pursuant hereto or thereto or even in relationship herewith otherwise therewith might be incorrect in almost any issue admiration, other than one representation, guarantee, certification and other statement that is qualified by materiality otherwise “Topic Adverse Impact”, in which case, such representation, guarantee, certification or any other declaration will be real and you can best in most areas, in per circumstances, by this new time produced otherwise deemed generated and you may for example default should n’t have become remedied otherwise waived in this 30 (30) weeks adopting the prior to away from (i) a third party Officer out of Organization or Provider are aware of for example standard, or (ii) bill from the Organization from composed see on Management Agent or people Lender of these default; otherwise