Guarantor Covenants. The Guarantor shall: (a) when requested by the Bank, do or cause to be done anything which aids the exercise of any power, right or remedy of the Bank under this Guarantee including, but not limited to, the execution of any document or agreement; (b) obtain, maintain and renew when necessary all authorizations required under any law or document or agreement: (i) to enable it to perform its obligations under this Guarantee; or (ii) for the validity or enforceability of the guarantee; (c) not take any action which may impair the ability of the Borrower to observe and perform all of its covenants, agreements and obligations under or pursuant to the Financing Documents; (d) take such action as may be necessary or as the Bank may reasonably request in order to: (i) comply with its obligations under this Guarantee; and (ii) cause the Borrower to the extent possible to take such corporate action as may be necessary to comply with its respective obligations under the Financing Documents; (e) the Guarantor shall not take any action which would cause any of the representations made in Section 5.1 (Representations and Warranties) to be untrue at any time during the continuation of this Guarantee.
Appears in 2 contracts
Samples: Guarantee (Consolidated Water Co LTD), Guarantee (Consolidated Water Co LTD)
Guarantor Covenants. The Guarantor shall:
(a) when requested by the Bank, do or cause to be done anything which aids the exercise of any power, right or remedy of the Bank under this Guarantee including, but not limited to, the execution of any document or agreement;
(b) obtain, maintain and renew when necessary all authorizations required under any law or document or agreement:;
(i) to enable it to perform its obligations under this Guarantee; or
(ii) for the validity or enforceability of the guarantee;
(c) not take any action which may impair the ability of the Borrower to observe and perform all of its covenants, agreements and obligations under or pursuant to the Financing Documents;
(d) take such action as may be necessary or as the Bank may reasonably request in order to:
(i) comply with its obligations under this Guarantee; and
(ii) cause the Borrower to the extent possible to take such corporate action as may be necessary to comply with its respective obligations under the Financing Documents;
(e) the Guarantor shall not take any action which would cause any of the representations made in Section 5.1 (Representations and Warranties) to be untrue at any time during the continuation of this Guarantee.
Appears in 2 contracts
Samples: Irrevocable Undertaking (Consolidated Water Co LTD), Irrevocable Undertaking (Consolidated Water Co LTD)