RESTRICTIONS ON DEALINGS. No Chargor may:
(a) create or permit to subsist any Security Interest on any Security Asset; or
(b) sell, transfer, licence, lease or otherwise dispose of any Security Asset, except as expressly allowed under the Credit Agreement.
RESTRICTIONS ON DEALINGS. The Chargor may not:
(a) create or permit to subsist any Security Interest on any of its assets; or
(b) either in a single transaction or in a series of transactions and whether related or not and whether voluntarily or involuntarily sell, lease, transfer, redeem or otherwise dispose of all or any part of its assets, unless permitted under the Credit Agreement.
RESTRICTIONS ON DEALINGS. No Chargor may:
(a) create or permit to subsist any Lien on any Collateral; or
(b) sell, transfer, licence, lease or otherwise dispose of any Collateral, except as allowed or not otherwise prohibited under the Indenture.
RESTRICTIONS ON DEALINGS. The Chargor may not:
RESTRICTIONS ON DEALINGS. 14.1 The Company undertakes to the Underwriters that for the period from the date of this Agreement and ending on the date which is 90 days after the Listing Date, it shall not (except for the Rights Shares):
(a) undertake any consolidation or subdivision of its share capital, allot, issue, sell, accept subscription for, or offer to allot or issue or sell, or contract or agree to allot, issue or sell, or grant or sell any option, right or warrant to subscribe for or purchase (either conditionally or unconditionally, or directly or indirectly, or otherwise) any Shares or any interests in Shares or any securities convertible into or exercisable or exchangeable for or substantially similar to any Shares or interest in Shares (other than the grant of performance awards or the allotment or issue of any Shares upon the exercise of any employee share options or the vesting of any employee share awards pursuant to any employee share option scheme or employee share scheme adopted in accordance with the Listing Rules);
(b) buy back, cancel, retire, reduce, redeem, amalgamate, re-purchase, purchase or otherwise acquire any Shares;
(c) agree (conditionally or unconditionally) to enter into or effect any such transaction with the same economic effect as any of the transactions described in Clause 14.1(a) or 14.1(b); or
(d) announce any intention to enter into or effect any such transaction described in Clause 14.1(a), 14.1(b) or 14.1(c) above, unless with the prior written consent of the Underwriters; provided that the above restrictions shall cease to apply if this Agreement (i) does not become unconditional and is terminated; or (ii) is terminated by the Underwriters pursuant to any of the termination events set out in Clause 17.
RESTRICTIONS ON DEALINGS. During the Security Period, the Pledgor must not:
RESTRICTIONS ON DEALINGS. (d) No Chargor may:
RESTRICTIONS ON DEALINGS. 7.9:1 Not to underlet the whole or part of the Property without first obtaining the prior consent of the Landlord (which must not be unreasonably withheld or delayed (and procuring (as a condition precedent to the giving of such
7.9:1.1 that the proposed underlessee enters into a direct covenant with the Landlord to perform and observe the covenants (save for the covenant to pay rent) on the part of the Tenant and conditions contained in this Lease,
7.9:1.2 that any underlease will be granted without any fine or premium at a rent not less than the yearly open market rent at which the Property (or (in the case of an underlease of part) the part underlet) might reasonably be expected to be let without taking a fine or premium and will contain provisions approved by the Landlord:
(a) for the review of the rent reserved by such Underlease on the same basis and on the same dates on which the rent is to be reviewed under this Lease including provisions whereby such review may at the option of the Landlord be consolidated with any review of the rent payable under this Lease upon terms equivalent to those contained in Clause 14,
(b) prohibiting the undertenant from doing or allowing any act or thing in relation to the underlet premises which is inconsistent with or in breach of the provisions of this Lease,
(c) imposing an absolute prohibition against all dispositions or other dealings whatever with the underlet premises other than an assignment, underletting or charge of the whole,
(d) prohibiting the Undertenant from permitting any other person to occupy the whole or any part of the underlet premises,
(e) for re-entry on breach of any covenant by the undertenant.
7.9:1.3 Any such underlease of part of the Property will be excluded from the operation of Sections 24 to 28 of the Landlord and Xxxxxx Xxx 0000 by Court order.
7.9:1.4 In relation to any permitted Underlease;
(a) to enforce the performance and observance by any such undertenant of the provisions of the underlease and not at any time either expressly or by implication to waive any breach of covenant or condition on the part of the undertenant or any assignee of any underlessee,
(b) not without the consent of the Landlord to vary the terms or accept a surrender of any permitted underlease,
(c) to ensure that the rent is reviewed in accordance with the terms of the underlease,
(d) not to agree the reviewed rent with the undertenant without the approval of the Landlord which shall not be unreasonably withh...
RESTRICTIONS ON DEALINGS. A Transaction Party must not:
(a) enter into an agreement;
(b) acquire or dispose of an asset;
(c) obtain or provide a service;
(d) obtain a right or incur an obligation; or
(e) implement any other transaction, with any person unless it does so on terms which are no less favourable to it than arm's length terms.
RESTRICTIONS ON DEALINGS. (a) Subject to clause 10.20(b), a Transaction Party must not (and must ensure that each of its Subsidiaries do not):
(1) enter into an agreement;
(2) acquire or Dispose of an asset;
(3) obtain or provide a service;
(4) obtain a right or incur an obligation; or
(5) implement any other transaction, with any person unless it does so on terms which are no less favourable to it than arm’s length terms in the ordinary course of business for valuable commercial consideration.
(b) Clause 10.20(a) does not apply to transactions:
(1) between:
(A) a Core Australian Group Member and another Core Australian Group Member (provided that if one or more such Core Australian Group Member is a Transaction Party and one or more such other Core Australian Group Members is not a Transaction Party, the terms are no less favourable to the Core Australian Group Members which are Transaction Parties than arm’s length terms);
(B) an Asian Group Member and another Asian Group Member (provided that if one or more such Asian Group Member is a Transaction Party and one or more such other Asian Group Members is not a Transaction Party, the terms are no less favourable to the Asian Group Members which are Transaction Parties than arm’s length terms); or
(C) between a US Group Member and another US Group Member (provided that if one or more such US Group Member is a Transaction Party and one or more such other US Group Members is not a Transaction Party, the terms are no less favourable to the US Group Members which are Transaction Parties than arm’s length terms); or
(2) evidenced or contemplated by:
(A) the Equity Documents (except to the extent varied without the consent of the Mezzanine Agent);
(B) the Subordinated Intercompany Loan Agreement, the Asian Group Subordinated Intercompany Loan Agreement or the SIM Long Term Loan Agreement;
(C) the Corporate Restructure;
(D) the Exceptions to the Establishment of Groups applicable at that time;