Common use of Breach of Undertaking Clause in Contracts

Breach of Undertaking. The Borrower does not perform or comply with any one or more of its obligations: (i) under Clauses 18.8, 18.16 or 18.17 and, if capable of remedy, the relevant breach is not remedied within 21 days of the date on which the Borrower became aware of the same; or (ii) under the Finance Documents other than those obligations referred to in paragraph (i)) including, without limitation the financial covenants under Clause 19 (Financial Covenants).

Appears in 3 contracts

Samples: Revolving Credit Agreement (Alstom), Revolving Credit Facility Agreement (Alstom), Revolving Credit Agreement (Alstom)

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Breach of Undertaking. The Borrower does not perform or comply with any one or more of its obligations: (i) under Clauses 18.8Clauses19.8, 18.16 19.10 or 18.17 19.17 and, if capable of remedy, the relevant breach is not remedied within 21 days of the date on which the Borrower became aware of the same; or (ii) under the Finance Documents this Agreement (other than those obligations referred to in paragraph (i)) including, without limitation the financial covenants under Clause 19 19.5 (Financial Covenants).

Appears in 1 contract

Samples: Revolving Credit Agreement (Alstom)

Breach of Undertaking. The Borrower does not perform or comply with any one or more of its obligations: (i) under Clauses 18.8, 18.16 or 18.17 and, if capable of remedy, the relevant breach is not remedied within 21 days of the date on which the Borrower became aware of the same; or (ii) under the Finance Documents (other than those obligations referred to in paragraph (i)) including, without limitation the financial covenants under Clause 19 (Financial Covenants).

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Alstom)

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Breach of Undertaking. The Borrower does not perform or comply with any one or more of its obligations: (i) under Clauses 18.819.8, 18.16 19.10 or 18.17 19.17 and, if capable of remedy, the relevant breach is not remedied within 21 days of the date on which the Borrower became aware of the same; or (ii) under the Finance Documents this Agreement (other than those obligations referred to in paragraph (i)) including, without limitation the financial covenants under Clause 19 19.5 (Financial Covenants).

Appears in 1 contract

Samples: Revolving Credit Agreement (Alstom)

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