Common use of Necessary Authorisations Clause in Contracts

Necessary Authorisations. Without prejudice to any specific provision of the Facility Documents relating to an Authorisation, the Borrower shall (i) obtain, comply with and do all that is necessary to maintain in full force and effect all Necessary Authorisations if a failure to do the same may cause a Material Adverse Effect; and (ii) promptly upon request, supply certified copies to the Facility Agent of all Necessary Authorisations.

Appears in 6 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

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Necessary Authorisations. Without prejudice to any specific provision of the Facility Finance Documents relating to an Authorisation, the Borrower Borrowers shall (i) obtain, comply with and do all that is necessary to maintain in full force and effect all Necessary Authorisations if a failure to do the same may cause a Material Adverse Effect; and (ii) promptly upon request, supply certified copies to the Facility Agent of all Necessary Authorisations.

Appears in 3 contracts

Samples: Secured Term Loan Facility Agreement, Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.), Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)

Necessary Authorisations. Without prejudice to any specific provision of the Facility Finance Documents relating to an Authorisation, the each Borrower shall (i) obtain, comply with and do all that is necessary to maintain in full force and effect all Necessary Authorisations if a failure to do the same may cause a Material Adverse Effect; and (ii) promptly upon request, supply certified copies to the Facility Agent of all Necessary Authorisations.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

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Necessary Authorisations. Without prejudice to clause 12.1.10 or any other specific provision of the Facility Documents relating to an Authorisation, the Borrower shall (i) obtain, comply with and do all that is necessary to maintain in full force and effect all Necessary Authorisations if a failure to do the same may cause a Material Adverse Effect; and (ii) promptly upon request, supply certified copies to the Facility Agent of all Necessary Authorisations.

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

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