Additional Obligations of the Borrower Sample Clauses

Additional Obligations of the Borrower. The Borrower is obliged to make any payment related to the Credit in accordance with the provisions set forth in Clause Five of this Agreement, therefore, the Borrower shall not deliver for any reason and for any reason whatsoever, cash, checks, promissory notes, goods, securities and/or documents, which are not indicated in this Agreement, to FINPROSPERA's personnel. In case of non-compliance with this provision, FINPROSPERA will not be responsible for such deliveries.
Sample 1
Additional Obligations of the Borrower. 1. The Borrower is required to take proper care of the electronic equipment and to make sure no damage occurs with respect to the nature of the equipment. The Borrower undertakes to protect the electronic equipment from loss and theft. If any damage occurs to the electronic equipment or if it is lost or stolen, the Borrower is required to immediately notify the Lender of this circumstance. The Borrower is also required to immediately inform the Czech Police of any loss or theft. 2. The Borrower undertakes not to interfere with the settings of the BIOS and operating system of the laptop computer. 3. The Borrower undertakes to use the electronic equipment in such a way that the rights of third parties are not violated in the process, in particular, copyrights, personal rights, and rights relating to the protection of personal data. 4. The Borrower is required to permanently delete all data from the laptop before returning it (in particular, copyrighted works and personal data) that they have saved in the laptop, including log-on information especially for e-mail accounts, social networks, the Student Information System of Xxxxxxx University, etc. If this is not done, the Borrower is liable for any damage that is incurred by the Lender or another person in this context.
Sample 1
Additional Obligations of the Borrower. 5.1. The Borrower shall be obliged to: 5.1.1. use the Loan Amount to grant a loan to the Project Developer set out in Article 1.6, to acquire the shares of the Project Developer and/or make a contribution towards the share capital and to use other rights or fulfill obligations established in the Agreement and/or Financing Agreement; 5.1.2. conclude the Financing Agreement under the general terms and conditions published at xxx.Xxxxxxxxxx.xx within 2 month(s) from the conclusion of this Agreement; 5.1.3. not to undertake financial obligations (primarily taking loans or issuing guarantees or establishing collaterals), except for (i) loans from other lenders for granting a loan to the Project Developer set out in Article 1.6, acquiring the shares of the Project Developer, making a contribution towards the share capital and fulfilling other obligations established in the Financing Agreement, (ii) Obligations established in the Financing Agreement and (iii) other obligations undertaken to fulfil the Agreement or the undertaking of which is specified in the information announced to the Lender through the Portal before the conclusion of the Agreement; 5.1.4. if the Project Developer or its shareholders violate the Financing Agreement in a manner that damages the Borrower’s interests, apply legal remedies and formation rights according to its own discretion. The Borrower may conclude a legal assistance insurance agreement; 5.1.5. not to distribute profit to the Borrower’s shareholders during the validity of the Agreement; 5.1.6. not to remunerate the Borrower’s members of the board; 5.1.7. publish regularly (not less than once a year) information on the Project through the Borrower’s user account in the Portal or e-mail; 5.1.8. publish the Borrower’s annual report through the Portal within 6 months after the end of the financial year.
Sample 1
Additional Obligations of the Borrower. 5.1. The Borrower unconditionally undertakes: 5.1.1. To provide the Bank: (a) within fifteen (15) business days from the date of approval thereof by a authorised body, with copies of its annual accounts prepared in accordance with the laws of the country of its incorporation; (b) annually, within fifteen (15) business days from the date of receiving the same, with an audit report issued by an audit firm acceptable for the Bank in relation to the Borrower’s annual accounts; and (c) with any other financial statements within fifteen (15) business days from the date when the Bank send a respective request for such financial statements by fax (with a confirmation of transmission generated by the fax machine) at: (000) 000-00-00; 5.1.2. To inform the Bank of any change in its bank details, the name or address within five (5) business days from the date of such change and provide the Bank, within one (1) month from the date when the Borrower advises the Bank of any such change, with respective documents confirming registration of such change; 5.1.3. in the event of occurrence of any of the following circumstances which may result in the Borrower’s failure to perform its obligations under this Agreement, to promptly inform the Bank of such circumstances if the Borrower is aware or should be aware of the same, and of any measures taken by the Borrower to comply with all terms and conditions hereof despite of the occurrence of such circumstances: • a decision has been made which may result in liquidation or reorganisation of the Borrower; or • a court accepts a petition requesting that the Borrower be declared insolvent (bankrupt); 5.1.4. not to disclose any terms and conditions of this Agreement to any third parties, except for the cases expressly provided for by the Russian legislation and the legislation of the Borrower’s country of incorporation, disclosure to the auditors, professional advisors and counsels, bank-lenders, shareholders of the Borrower, state authorities and self-regulating organisations (stock exchanges etc.) in accordance with their rules; 5.1.5. not to pass any resolution on reorganization or liquidation of the Borrower without prior designation of a legal successor (which should be satisfactory to the Bank) of the Borrower in respect of its obligations under this Agreement, and not to perform any actions which may result in the Borrower’s being unable to perform its payment obligations under this Agreement; 5.1.6. no later than on the 3rd bu...
Sample 1
Additional Obligations of the Borrower. The Borrower shall be obliged to: 5.
Sample 1
Additional Obligations of the Borrower. The Borrower will not, without the Bank's prior written consent, • Transfer all or part of its assets, except in the ordinary course of business; • Engage in any transaction with any subsidiary, as defined in Section L.233.3 of the French New Commerce Code, that is not at arm's-length.
Sample 1
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Additional Obligations of the Borrower. The Borrower will, immediately after execution of this Agreement: (i) create and maintain a Register of Charges, to the extent this has not already been done in accordance with Section 162 of the BVI Act; (ii) enter particulars as required by the BVI Act of the security interests created pursuant to this Agreement in the Register of Charges and, immediately after entry of such particulars has been made, provide the Lender with a certified true copy of the updated Register of Charges; and (iii) effect registration, or assist the Lender in effecting registration, of the security interest created pursuant to this Agreement with the Registrar of Corporate Affairs pursuant to Section 163 of the BVI Act by making the required filing, or assisting the Lender in making the required filing, in the approved form with the Registrar of Corporate Affairs and, if requested by the Lender, provide confirmation in writing to the Lender that such filing has been made.
Sample 1
Additional Obligations of the Borrower 
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Related to Additional Obligations of the Borrower

  • Additional Obligations The Company will use its best efforts to (a) register and qualify the Registrable Securities covered by a Registration Statement under such other securities or blue sky laws of such jurisdictions as each Investor who holds (or has the right to hold) Registrable Securities being offered reasonably requests, (b) prepare and file in those jurisdictions any amendments (including post-effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain their effectiveness during the Registration Period, (c) take any other actions necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and (d) take any other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions. Notwithstanding the foregoing, the Company is not required, in connection such obligations, to (i) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section 3.4, (ii) subject itself to general taxation in any such jurisdiction, (iii) file a general consent to service of process in any such jurisdiction, (iv) provide any undertakings that cause material expense or burden to the Company, or (v) make any change in its charter or bylaws, which in each case the Board of Directors of the Company determines to be contrary to the best interests of the Company and its stockholders.

  • Unconditional Obligations This Guaranty is a guaranty of payment and performance and not of collection. Except as provided in Section 21, this Guaranty is an absolute, unconditional and irrevocable guarantee of the full and prompt payment and performance when due of all of the Guaranteed Obligations, whether or not from time to time reduced or extinguished or hereafter increased or incurred, and whether or not enforceable against DB Contractor. If any payment made by DB Contractor or any other Person and applied to the Guaranteed Obligations is at any time annulled, set aside, rescinded, invalidated, declared to be fraudulent or preferential or otherwise required to be repaid or refunded, then, to the extent of such payment or repayment, the liability of Guarantor will be and remain in full force and effect as fully as if such payment had never been made. Guarantor covenants that this Guaranty will not be fulfilled or discharged, except by the complete payment and performance of the Guaranteed Obligations, whether by the primary obligor or Guarantor under this Guaranty. Without limiting the generality of the foregoing, Guarantor’s obligations hereunder will not be released, discharged or otherwise affected by (a) any change in the Contract Documents or the obligations thereunder, or any insolvency, bankruptcy or similar proceeding affecting DB Contractor, Guarantor or their respective assets, and (b) the existence of any claim or set-off which DB Contractor has or Guarantor may have against TxDOT, whether in connection with this Guaranty or any unrelated transaction, provided that nothing in this Guaranty will be deemed a waiver by Guarantor of any claim or prevent the assertion of any claim by separate suit. This Guaranty will in all respects be a continuing, absolute and unconditional guaranty irrespective of the genuineness, validity, regularity or enforceability of the Guaranteed Obligations or any part thereof or any instrument or agreement evidencing any of the Guaranteed Obligations or relating thereto, or the existence, validity, enforceability, perfection, or extent of any collateral therefor or any other circumstances relating to the Guaranteed Obligations, except as provided in Section 21.

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