Common use of Assisted Institutions Clause in Contracts

Assisted Institutions. The Recapitalisation Fund undertakes, in relation to each Assisted Institution, to preserve and enforce the Recapitalisation Fund’s rights, comply with its obligations and pursue actions and defend claims in relation to or arising out of or in connection with: (i) its shareholding in that Assisted Institution; (ii) the Relationship Framework Agreement relevant to that Assisted Institution (including, without limitation, in relation to any powers which the Recapitalisation Fund may have to review and change the boards and committees of that Assisted Institution); and (iii) any Subscription Agreement or Pre-Subscription Agreement relevant to that Assisted Institution.

Appears in 3 contracts

Samples: Financial Assistance Facility Agreement, Financial Assistance Facility Agreement, Financial Assistance Facility Agreement

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Assisted Institutions. The Recapitalisation Fund undertakes, in relation to each Assisted Institution, to preserve and enforce the Recapitalisation Fund’s rights, comply with its obligations and pursue actions and defend claims in relation to or arising out of or in connection with: (iA) its shareholding in that Assisted Institution; (iiB) the Relationship Framework Agreement relevant to that Assisted Institution (including, without limitation, in relation to any powers which the Recapitalisation Fund may have to review and change the boards and committees of that Assisted Institution); and (iiiC) any Subscription Agreement or Pre-Subscription Agreement relevant to that Assisted Institution.

Appears in 1 contract

Samples: Financial Assistance Facility Agreement

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