العب كورة اكبر موقع رياضي في الشرق الاوسط
Section 6.08 Assignment. Except as permitted herein, Borrower shall not sell, assign, transfer or otherwise dispose of, or grant any option with respect to, or pledge, hypothecate or grant a security interest in or lien on or otherwise encumber (except pursuant to the Loan Documents), any of the Collateral or any interest therein, provided that this Section 6.08 shall not prevent any transfer of Collateral in accordance with the Loan Documents.
Section 6.09 Safety Focus. Borrower shall do all things necessary to preserve the Collateral so that they remain subject to a perfected security interest hereunder. Without limiting the foregoing, Borrower will comply with all rules, regulations and other laws of any Governmental Authority and cause the Collateral to comply with all applicable rules, regulations and other laws.
Section 6.10 Information. (a) Borrower shall collect and maintain or cause to be collected and maintained all Records relating to the Collateral in accordance with industry custom and practice for assets similar to the Collateral, including those maintained pursuant to Section 6.11, and all such Records shall be in Borrower’s possession unless Lender otherwise approves. Borrower will not allow any such papers, records or files that are an original or an only copy to leave Borrower’s possession. Borrower will maintain all such Records in good and complete condition in accordance with industry practices for assets similar to the Collateral and preserve them against loss.
(b) To have for as long as Lender has an interest inside the otherwise lien for the any Equity, Debtor usually keep or cause to be held all relevant Information during the believe having Financial.
Debtor will continue otherwise reason enough to be kept in reasonable outline guides and you may suggestions regarding account of the possessions and you will providers and you can shall certainly mirror therein new vow of Collateral to Lender
(c) Abreast of realistic get better notice off Lender, Borrower will (x) make any and all instance Ideas available to Bank to examine these Ideas, both from the a unique officers otherwise personnel, or because of the agencies or designers, or both, and also make duplicates of all otherwise one bit thereof, and you can (y) allow Bank or their authorized agencies to discuss the newest facts, cash and you will levels regarding Debtor with its head functioning administrator and you may head monetary https://elitecashadvance.com/payday-loans-id/ officer and also to discuss the factors, funds and you will accounts out of Borrower having its separate certified personal accountants.
Section 6.16 Applicable Law. Borrower shall comply with the requirements of all applicable laws, rules, regulations and orders of any Governmental Authority.
Section 6.17 Life. Borrower shall preserve and maintain its legal existence and all of its material rights, privileges, material licenses and franchises.
Debtor shall alert, otherwise reason enough to be notified, virtually any group carrying these Suggestions of appeal and you will liens and only Financial provided hereby
Section 6.18 Leader Workplace; Jurisdiction from Company. Borrower shall not move its chief executive office from the address referred to in Section 3.17 or change its jurisdiction of organization from the jurisdiction referred to in Section 3.17 unless it shall have provided Lender 30 days’ prior written notice of such change.
Section 6.19 Taxes. Borrower shall timely file all tax returns that are required to be filed by them and shall timely pay and discharge all taxes, assessments and governmental charges or levies imposed on it or on its income or profits or on any of its property prior to the date on which penalties attach thereto, except for any such tax, assessment, charge or levy the payment of which is being contested in good faith and by proper proceedings and against which adequate reserves are being maintained.
