Common use of Pre-delivery negative undertakings Clause in Contracts

Pre-delivery negative undertakings. The Borrower, hereby further undertakes and agrees with each of the Lender Finance Parties that from the date of this Agreement until the Delivery Date or, if earlier, the date upon which no moneys are owing under the Security Documents and no Commitments remain outstanding, it will not without the prior written consent of the Agent (and then only subject to such conditions as the Agent may impose) acting on the instructions of the Majority Lenders and KEIC:

Appears in 4 contracts

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

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