Necessary Authorisations. Without prejudice to any specific provision of the Security Documents relating to an Authorisation, the Borrower shall, and shall procure that each of the other Security Parties 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 Agent of all Necessary Authorisations.
Appears in 3 contracts
Samples: Loan Agreement (Teekay Tankers Ltd.), www.lw.com, Teekay Offshore Partners L.P.
Necessary Authorisations. Without prejudice to any other specific provision of the Security Documents relating to an Authorisation, the Borrower shall, and shall procure that each of the other Security Parties shall, (save for the Guarantor and the Pledgor) 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 Agent of all Necessary Authorisations.
Appears in 1 contract
Samples: Loan Agreement