Common use of Financial Facilities Clause in Contracts

Financial Facilities. In relation to any Encumbrance to which any asset of the Group is subject and in relation to debentures, acceptance lines, overdrafts, loans or other financial facilities outstanding or available to the Group: (i) the Vendors have disclosed full details of them and true and correct copies of all documents relating to them; and (ii) none of the Vendors nor any member of the Group has done anything whereby the continuance of any such encumbrance or facility in full force and effect might be affected or prejudiced.

Financial Facilities. In relation to any Encumbrance to which any asset of the Group Company is subject and in relation to debentures, acceptance lines, overdrafts, loans or other financial facilities outstanding or available to the GroupCompany: (i) the Vendors Vendor have disclosed full details of them and true and correct copies of all documents relating to them; and (ii) none of the Vendors Vendor nor any member of the Group Company has done anything whereby the continuance of any such encumbrance or facility in full force and effect might be affected or prejudiced.