SEC Filings

10-12G
AMSURG CORP filed this Form 10-12G on 03/11/1997
Entire Document
 
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         Section 6.11  Management. Give notice to Lender of any material change
in the executive officers of Borrower within five (5) days after such change
occurs.

         Section 6.12  Reports, Etc.  If applicable, furnish to Lender copies of
all filings and reports, of any nature or type, made with or to the Securities
and Exchange Commission (or any successor thereto) within 5 days thereafter, and
including all amendments, modifications, or supplements thereto, as the same are
filed with the Securities and Exchange Commission.

         Section 6.13  Calculations.  In all calculations made for purposes
required by this Loan Agreement, the Borrower, each Subsidiary, each LLC, each
Partnership, and each partnership and LLC not borrowing funds from the Borrower
shall comply with GAAP, and the Borrower, each Subsidiary, each LLC, each
Partnership, and each partnership and LLC not borrowing funds from the Borrower
shall use the same procedures and methods employed by Borrower, each Subsidiary,
each LLC, each Partnership, and each partnership and LLC not borrowing funds
from the Borrower in preparing the Financial Statements delivered to Lender
prior to the date of this Agreement.  All references contained herein to
calculations of or determinations affecting Borrower (on a consolidated basis)
shall refer to the Borrower, each Subsidiary, each LLC, each Partnership, and
each Person that prepares financial statements under Borrower.

         Section 6.14  Partnership Notes and LLC Notes, Etc.  The Borrower shall
assign to Lender and grant Lender a first perfected security interest in all
Partnership Notes, Partnership Note Collateral, LLC Notes, and LLC Note
Collateral to secure repayment of the Indebtedness and the Obligations pursuant
to such documentation as reasonably required by Lender.

         Article VII.  Negative Covenants.

         Borrower covenants and agrees that, during the term of this Agreement
and any extensions hereof and until the Indebtedness has been paid and
satisfied in full, unless Lender shall otherwise first consent in writing,
neither Borrower, nor any Subsidiary, nor any LLC, nor any Partnership, nor any
other partnership or LLC in which Borrower or a Subsidiary owns an interest
will, either directly or indirectly:

         Section 7.01  Debts, Guaranties, and Other Obligations. Incur, create,
assume, or in any manner become or be liable with respect to any Debt; provided
that subject to all other provisions of this Article VII, the foregoing
prohibitions shall not apply to:

                 (a)      Any Indebtedness to Lender;

                 (b)      liabilities, direct or contingent, of Borrower or any
         Subsidiary, or any Partnership, or any LLC existing on the





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