Common use of Specific Undertakings Clause in Contracts

Specific Undertakings. 2.1 The Borrower undertakes to duly and timely perform the following obligations: (a) Signing the statement: before the issuance of the endorsement by the Bank, to sign on each page of the agreed template of the irrevocable instruction letter the following statement: “We represent that we fully agree and acknowledge the content of this instruction letter template and we undertake any risk arising from its submission.“;