MoneyGram 2009 Annual Report Download - page 224

carried or maintained under similar circumstances by Persons of established reputation engaged in similar businesses of similar sizes, in each case in such
amounts (giving effect to self-insurance), with such deductibles, covering such risks and otherwise on such terms and conditions as shall be customary for
such Persons. The Borrower will furnish to any Lender upon request full information as to the insurance carried (but no more often than once per year absent
a Default).
Section 6.7 Compliance with Laws. Holdco will, and will cause each of its Subsidiaries to, comply with all laws, rules, regulations, orders, writs,
judgments, injunctions, decrees or awards to which it may be subject including, without limitation, all Environmental Laws, the noncompliance with which
could reasonably be expected to have a Material Adverse Effect.
Section 6.8 Maintenance of Properties. Holdco will, and will cause each of its Subsidiaries to, do all things necessary to maintain, preserve, protect and
keep its Property in good repair, working order and condition (other than wear and tear occurring in the ordinary course of business, routine obsolescence and
casualty or condemnation), and from time to time make or cause to be made, all necessary and proper repairs, renewals and replacements so that its business
carried on in connection therewith may be properly conducted at all times, in each case, except to the extent such non-compliance could not reasonably be
expected to have a Material Adverse Effect.
Section 6.9 Inspection. Holdco will, and will cause each of its Subsidiaries to, keep adequate books of record and accounts to allow preparation of financial
statements in accordance with GAAP and permit the Administrative Agent and the Lenders, by their respective representatives and agents, to inspect any of
the Property, books and financial records of Holdco and each of its Subsidiaries, to examine and make copies of the books of accounts and other financial
records of Holdco and each of its Subsidiaries, and to discuss the affairs, finances and accounts of Holdco and each of its Subsidiaries with, and to be advised
as to the same by, their respective officers at such reasonable times and intervals as the Administrative Agent or any Lender may designate. The costs of such
inspections shall be for the account of the Borrower, except in the case of (i) a Lender inspection in the absence of the occurrence and continuation of a
Default, which shall be done at such Lender's expense, or (ii) any Administrative Agent inspections in excess of one inspection during any 12-month period in
the absence of the occurrence and continuation of a Default, each of which shall be done at Administrative Agent's expense.
Section 6.10 Restricted Payments. The Borrower will not, nor will it permit any Borrower Subsidiary to, declare or pay any Restricted Payments except
that, so long as (other than with respect to clauses (iv)(A), (B), (C), (D), (E) and (I) below) no Default or Unmatured Default then exists or would result
therefrom, the following shall be permitted:
(i) the payment by the Borrower or any Borrower Subsidiary of dividends payable in its own Capital Stock (other than Disqualified Stock);
(ii) the making of any Restricted Payment in exchange for, or out of the proceeds of, the substantially concurrent contribution of common equity capital
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