Common use of Negative Environmental Covenants Clause in Contracts

Negative Environmental Covenants. The Company shall not and shall ensure that each of its Key Subsidiaries shall not: (i) amend, waive the application of, or otherwise materially restrict the scope or effect of, the S&E Management System (including the SEMS Plan and the S&E Requirements); or (ii) provide loans, funding, investments or other support to Clients engaged in any of the activities on the Exclusion List.

Appears in 3 contracts

Samples: Policy Agreement (Itau Unibanco Holding S.A.), Policy Agreement (Saieh Bendeck Alvaro), Policy Agreement (Saieh Bendeck Alvaro)

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Negative Environmental Covenants. The Company shall not and shall ensure that each of its Key Subsidiaries shall not: (i) not amend, waive the application of, or otherwise materially restrict the scope or effect of, the S&E Management System (including the SEMS Action Plan and the S&E Requirements); or (ii) provide loans, funding, investments or other support to Clients engaged in any without the prior written consent of each of the activities on the Exclusion ListInvestors.

Appears in 1 contract

Samples: Policy Agreement (Net 1 Ueps Technologies Inc)

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