{'index': 5, 'text': ' Buyer’s Negative Covenants. So long as any Obligation is outstanding, Buyer shall not cause or permit Company to: (i) except as contemplated by this Agreement and the Security Agreement, guarantee any obligation of any Person, including any Affiliate; (ii) incur, create or assume any indebtedness other than advances from or other indebtedness to Buyer or such other indebtedness as may be permitted by Buyer’s Senior Indebtedness; (iii) make or permit to remain outstanding any loan or advance to, or own or acquire any stock or securities of, any Person; (iv) to the fullest extent permitted by law, engage in any dissolution, liquidation, consolidation, merger, asset sale or transfer of ownership interests other than such activities as are expressly permitted pursuant to this Agreement; (v) permit its assets to be listed as assets on the financial statement of any other Person; provided, however, that its assets may be included in a consolidated financial statement of its Affiliates, provided that (A) appropriate notation shall be made on such consolidated financial statements to indicate the separateness of it and such Affiliates and to indicate that its assets and credit are not available to satisfy the debts and other obligations of such Affiliates or any other Person and (B) such assets shall be listed on its own separate balance sheet; or (vi) form, acquire or hold any subsidiary (whether corporate, partnership, limited liability company or other).'}
Instruction: Read the segment of a merger agreement and answer the multiple-choice question by choosing the option that best characterizes the agreement.
Question: What negative covenants does the requirement of Buyer consent apply to?
Option A: Applies only to specified negative covenants
Option B: Applies to all negative covenants

Merger Agreement: Except (w) with respect to the Specified Exceptions (other than as applied to Section 5.1(a), Section 5.1(b), or Section 5.1(k)), (x)   25   as otherwise expressly contemplated or permitted by this Agreement, (y) as set forth in Section 5.1 of the Company Disclosure Schedule, or (z) with the Parent’s consent (which shall not be unreasonably withheld, conditioned or delayed), during the Pre-Closing Period the Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, do any of the following: (Pages 29-30)
Answer: B

Merger Agreement: {{text}}
Answer:
Instruction: Read the segment of a merger agreement and answer the multiple-choice question by choosing the option that best characterizes the agreement.
Question: What negative covenants does the requirement of Buyer consent apply to?
Option A: Applies only to specified negative covenants
Option B: Applies to all negative covenants
Merger Agreement:  Buyer’s Negative Covenants. So long as any Obligation is outstanding, Buyer shall not cause or permit Company to: (i) except as contemplated by this Agreement and the Security Agreement, guarantee any obligation of any Person, including any Affiliate; (ii) incur, create or assume any indebtedness other than advances from or other indebtedness to Buyer or such other indebtedness as may be permitted by Buyer’s Senior Indebtedness; (iii) make or permit to remain outstanding any loan or advance to, or own or acquire any stock or securities of, any Person; (iv) to the fullest extent permitted by law, engage in any dissolution, liquidation, consolidation, merger, asset sale or transfer of ownership interests other than such activities as are expressly permitted pursuant to this Agreement; (v) permit its assets to be listed as assets on the financial statement of any other Person; provided, however, that its assets may be included in a consolidated financial statement of its Affiliates, provided that (A) appropriate notation shall be made on such consolidated financial statements to indicate the separateness of it and such Affiliates and to indicate that its assets and credit are not available to satisfy the debts and other obligations of such Affiliates or any other Person and (B) such assets shall be listed on its own separate balance sheet; or (vi) form, acquire or hold any subsidiary (whether corporate, partnership, limited liability company or other).
Answer: