Common use of INFORMATION UNDERTAKINGS Clause in Contracts

INFORMATION UNDERTAKINGS. 3.1 The Commission shall inform the General Secretariat of the Council of the European Union of the signature of the Guarantee Agreement. 3.2 The Commission shall report to the Guarantors on the outstanding claims under Loan Agreements and liabilities under Borrowings on a quarterly basis. 3.3 The Commission shall immediately notify the Guarantors of becoming aware of any event that may reasonably be expected to result in a call under the Guarantee Agreement.

INFORMATION UNDERTAKINGS. 3.1 The Commission shall inform the General Secretariat of the Council of the European Union of the signature of the Guarantee Agreement. 3.2 . The Commission shall report to the Guarantors on the outstanding claims under Loan Agreements and liabilities under Borrowings on a quarterly basis. 3.3 . The Commission shall immediately notify the Guarantors of becoming aware of any event that may reasonably be expected to result in a call under the Guarantee Agreement.

INFORMATION UNDERTAKINGS. 3.1 The Commission shall inform the informthe General Secretariat of the Council thCeouncil of the European Union of the signature of the Guarantee Agreement.Agreem. ent 3.2 The Commission shall report shlarleport to the Guarantors on theGuarantorson the outstanding claims under claimusnder Loan Agreements and Agreementsand liabilities under Borrowings on undeBr orrowingson a quarterly basis. 3.3 The Commission shall immediately notify the notitfhye Guarantors of becoming aware of any becominagware ofany event that may reasonably be expected to result expectedretsoult in a call under the Guarantee Agreement.

INFORMATION UNDERTAKINGS. 3.1 The Commission shall inform the General Secretariat of the Council of the European 5 Union of the signature of the Guarantee Agreement. 3.2 The Commission shall report to the Guarantors on the outstanding claims under Loan Agreements and liabilities under Borrowings on a quarterly basis. 3.3 The Commission shall immediately notify the Guarantors of becoming aware of any event that may reasonably be expected to result in a call under the Guarantee Agreement.. 10