Common use of Guarantees and Conditions Clause in Contracts

Guarantees and Conditions. This agreement is concluded under the following guarantee(s) and condition(s): - Mortgage of €55,000 and mortgage mandate of €4.345.000 on the building in the same proportions as the bank (place rank 2 mortgage behind a first rank BNP of €110,000 and rank 4 mandate behind a rank 3 mandate of €8,800,000 from BNP in case of conversion). - 50% EIF coverage on a tranche of this loan limited to €2,000,000. - Letter of commitment (Comfort Letter) from the parent company TIPL. - Own share of €2,495,000 for the dismantling of the site. - Own funds Telix for an amount of 2.0000.000 eur - Banking interventions for a total amount of €8,100,000 on the basis of the agreed terms and conditions. - Release of the joint loan upon release of the bank loan. - Closing of the financial structure. [1] The list of non-cooperative tax courts is included in the appendix to the Commission’s Communication to the European Parliament and to the Council on “A more accurate corporate tax system within the Union” of 17 June 2015 accessible via this link: hxxxx://xxx-xxx.xxxxxx.xx/xxxxx-content/FR/ALL/?uri=CELEX%3A52015DC0302 The Creditor expressly reserves the right to assess at any time the impact of non-fulfillment of any of the conditions related to the continuation or non-continuation of contractual relations.

Appears in 4 contracts

Samples: Loan Agreement (Telix Pharmaceuticals LTD), Loan Agreement (Telix Pharmaceuticals LTD), Loan Agreement (Telix Pharmaceuticals LTD)

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