Miscellaneous obligations of the Borrower Sample Clauses

Miscellaneous obligations of the Borrower. From the date of acceptance of this contract until the definitive extinction of all the obligations assumed hereunder, the Borrower undertakes: a) to send the Bank its annual financial statements along with the reports of the Board of Directors (and, where applicable, the reports of the Board of Statutory Auditors) within thirty days of their approval by the Shareholders’ Meeting, as well as the agenda of the Ordinary Shareholders’ Meetings and of any Extraordinary Shareholders’ Meetings as soon as they have been called, and is obligated to send the relevant minutes within thirty days of the Shareholders’ Meeting; b) to immediately provide the Bank, upon request, with declarations, records and any other information or data concerning shareholder’ equity, its economic situation, and financial standing in accordance with the instructions given by the Supervisory Body of Banks; c) to immediately notify the Bank about any change or event of a technical, administrative, legal or contentious nature, even if it is well-known, which could substantially alter the financial, economic or operational situation in a negative sense or could in any case compromise its operational capacity; such events include, but are not limited to: the initiation of executive actions, circumstances that could lead to the withdrawal of one or more shareholders, receipt of the withdrawal notice from one or more shareholders, adoption of a resolution to allocate one or more assets to one or more specific transactions in accordance with Art. 2447 bis of the Italian Civil Code; d) to keep open the current account referred to in Art. 2 and to deposit the funds necessary for payment of the instalments in a timely manner; e) not to abandon, suspend or execute the financed programme in a manner that does not comply with the provisions delivered to the Bank and not to use, in whole or in part, the sums loaned for purposes other than those contractually established. f) to ensure that the financial parameters indicated in Annex “B” are respected until the extinction of all the reasons for the Bank’s credit in relation to this Loan. g) to ensure that in the Company the shareholders Xxxxxx Xxxxxx and Xxxxxxxx Xxxxx maintain a shareholding, cumulated between them, of not less than 30% of the share capital of the Borrower; h) to ensure that the credits due to the Bank in relation to this loan are treated equally with respect to the credits of any of its other unsecured creditors and, in the event coll...

Miscellaneous obligations of the Borrower. From the date of acceptance of this agreement until the definitive extinction of all the obligations assumed hereunder, the Borrower undertakes: a) to send the Bank its annual financial statements along with the reports of the Board of Directors (and, where applicable, the reports of the Board of Statutory Auditors) within thirty days of their approval by the Shareholders’ Meeting, as well as the agenda of the Ordinary Shareholders’ Meetings and of any Extraordinary Shareholders’ Meetings as soon as they have been called, and to send the relevant minutes within thirty days of the Shareholders’ Meeting; b) to immediately provide the Bank, upon request, with declarations, records and any other information or data concerning shareholders equity, its financial situation, and financial standing in accordance with the instructions given by the Supervisory Body of Banks;