Common use of Financial accommodation and Financial Indebtedness Clause in Contracts

Financial accommodation and Financial Indebtedness. (a) A Transaction Party must not subscribe for capital in an entity, provide any financial accommodation, or give any Surety Obligation in respect of any financial accommodation, to or for the benefit of any Person, other than Permitted Financial Accommodation.

Appears in 4 contracts

Samples: Assumption Agreement (Apollo Gold Corp), Substitution Agreement (Apollo Gold Corp), Apollo Gold Corp

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Financial accommodation and Financial Indebtedness. (a) A Transaction Party must not subscribe for capital in an entity, provide any financial accommodation, or give any Surety Obligation in respect of any financial accommodation, to or for the benefit of any Personperson, other than Permitted Financial Accommodation.

Appears in 3 contracts

Samples: Facility Agreement (Bullfrog Gold Corp.), Second Amendment (Neutron Energy, Inc.), Facility Agreement (Neutron Energy, Inc.)

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