FINANCIAL ACCOMMODATION. A Transaction Party must not (and must ensure that each of its Subsidiaries do not) provide any financial accommodation (including by making deposits to bank accounts), or give any Guarantee or Encumbrance (other than a Permitted Encumbrance) in respect of any financial accommodation, to or for the benefit of any person, other than Permitted Financial Accommodation.
Appears in 2 contracts
Samples: Syndicated Multi Currency Senior Facilities Agreement (Worldwide Restaurant Concepts Inc), Mezzanine Facility Agreement (Worldwide Restaurant Concepts Inc)
FINANCIAL ACCOMMODATION. A Transaction Party must not (and must ensure that each of its Subsidiaries do not) provide any financial accommodation (including by making deposits to bank accounts)accommodation, or give any Guarantee or Encumbrance (other than a Permitted Encumbrance) in respect of any financial accommodation, to or for the benefit of any personPerson, other than Permitted Financial Accommodation.
Appears in 1 contract
Samples: Syndicated Convertible Loan Facility Agreement (Samson Oil & Gas LTD)
