Common use of No Funding Obligation Clause in Contracts

No Funding Obligation. There is no funding obligation of any kind (whether fixed, contingent, conditional, or otherwise) in respect of the Shares, Unsecured Notes or the Warrants (including any obligation to make advances or to purchase participations in letters of credit or any obligation relating to any currency or interest rate swap, hedge, or similar arrangement) that Seller or Buyer is or shall be required to pay or otherwise perform, that Seller has not paid or otherwise performed in full.

Appears in 8 contracts

Samples: Purchase and Sale Agreement (Hungarian Telephone & Cable Corp), Purchase and Sale Agreement (Hungarian Telephone & Cable Corp), Purchase and Sale Agreement (Hungarian Telephone & Cable Corp)

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