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Credit Agreement Housekeeping Covenants Sample 3

Description: Credit agreement housekeeping covenants deal with ongoing and periodic obligations of the parties throughout the term of the agreement. The sample clauses included here cover legal existence, taxes, record-keeping and other related issues.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 128196
Keywords: "credit agreement"; "housekeeping covenants"; "payment obligations"; "conduct of business"; "maintenance of existence"; "inspection of property"; "inspection of books and records"; "compliance with laws"; lender; borrower; subsidiary; "annual bank meeting"; taxes; "legal existence"; "condition of property"
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