Common use of By Shareholders Clause in Contracts

By Shareholders. (1) Each of the Shareholders severally undertakes that, at all times prior to the Termination Date:- (a) Litigation: it will, as soon as reasonably practicable, deliver to the Agent for distribution to the Banks details of any litigation, arbitration or administrative proceeding which, if to its knowledge had been current or pending at the date of this Agreement, would have rendered the representation and warranty in Clause 5(A)(7) incorrect;

By Shareholders. (1) Each of the Shareholders severally undertakes that, at all times prior to the Termination Date:- (a) Litigation: it will, as soon as reasonably practicable, deliver to the Agent Security Trustee for distribution to the Banks Secured Parties details of any litigation, arbitration or administrative proceeding which, if to its knowledge had been current or pending at the date of this Agreement, would have rendered the representation and warranty in Clause 5(A)(76(A)(7) incorrect;