Common use of Continuation of facilities Clause in Contracts

Continuation of facilities. In relation to financial facilities under which any Group Company has outstanding Indebtedness in an amount in excess of £3,000,000, so far as the Seller is aware: 3.3.1 there has not been any material contravention of, or non-compliance by the relevant Group Company with, any of its terms or conditions; 3.3.2 no steps for the enforcement of any Encumbrance have been taken or, so far as the Seller is aware, threatened; 3.3.3 there has not been any material alteration to its terms and conditions; and 3.3.4 neither the Seller nor any Group Company has done anything which might affect or prejudice its continuation.

Appears in 4 contracts

Samples: Second Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co)

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