Common use of FINANCIAL ACCOMMODATION Clause in Contracts

FINANCIAL ACCOMMODATION. An Obligor must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person, other than Permitted Financial Accommodation.

Appears in 3 contracts

Samples: Facility Agreement (Paringa Resources LTD), Paringa Resources LTD, Agreement (Oil States International, Inc)

AutoNDA by SimpleDocs

FINANCIAL ACCOMMODATION. An Each Obligor must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person, person other than Permitted Financial Accommodation.

Appears in 1 contract

Samples: Convertible Bridge Loan Agreement (Peninsula Energy LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!