DVI's Undertakings Sample Clauses

DVI's Undertakings. Unless IFC otherwise agrees in writing, so long as any amounts are due and payable to IFC under any of the Transaction Documents, and so long as IFC holds shares in the voting capital of MSF Holding: (a) DVI agrees not to, and cause its Subsidiaries or Affiliates not to sell, transfer, assign, redeem, pledge, or otherwise in any manner dispose of or encumber, or permit any encumbrances or Liens to exist over, any of the voting shares of MSF Holding which it now owns or which it may acquire in the future, directly or indirectly through any of its Subsidiaries or Affiliates, if as a result thereof, it would own directly or indirectly through its wholly-owned Subsidiaries less than forty percent (40%) of the voting share capital of MSF Holding, unencumbered by any pledge, Lien or security; and (b) DVI also agrees that it will from time to time take such action as shall be required on its part, directly or indirectly, including the exercise (to the extent permitted by law) of its or its Subsidiaries' or Affiliates' preemptive rights under the Memorandum and Articles of Association or other relevant constitutive documents of MSF Holding to maintain its or its Subsidiaries' or Affiliates' shareholding in MSF Holding at the minimum level specified above.
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Related to DVI's Undertakings

  • Financial Undertakings The Borrower will not enter into or remain liable upon, nor will it permit any Subsidiary to enter into or remain liable upon, any Financial Undertaking, except to the extent required to protect the Borrower and its Subsidiaries against increases in interest payable by them under variable interest Indebtedness.

  • GENERAL UNDERTAKINGS The undertakings in this Clause 22 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Additional Undertakings The Pledgor will not, without the prior written consent of the Collateral Agent:

  • Other Undertakings Tenant shall take such actions and execute and deliver such documents, including, without limitation, the New Lease and new or amended Memorandum(s) of Lease and, if requested by Landlord, an amendment to this Master Lease, as are reasonably necessary and appropriate to effectuate fully the provisions and intent of this Section 1.12(b), and as otherwise are appropriate or as Landlord or any Title Insurer may reasonably request to evidence such removal and new leasing of the Removal Properties, including memoranda of lease with respect to such New Leases and amendments of all existing memoranda of lease with respect to this Master Lease and an amendment of this Master Lease.

  • INFORMATION UNDERTAKINGS The undertakings in this Clause 20 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Further Undertakings The Executive hereby undertakes to the Company that he will not at any time:

  • Corporate Undertakings The Company will not engage in any of the following activities without a prior evaluation and affirmative recommendation of Advisor, solely for the Company's benefit and not for the benefit of any third party;

  • Subadviser Undertakings In all matters relating to the performance of this Agreement, the Subadviser shall act in conformity with the Company's Articles of Incorporation, By-Laws, and current Prospectus and with the written instructions and directions of the Board and the Adviser. The Subadviser hereby agrees to:

  • Undertakings The Company shall comply with all the provisions of any undertakings contained and required to be contained in the Registration Statement.

  • Compliance with certain undertakings At the date of this Agreement, the Borrower is in compliance with Clauses 11.2, 11.4, 11.9 and 11.13.

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