The Borrower’s Obligations. The Borrower shall:
4.1 Use the Credit received in compliance with the target use only, in conformity with this Agreement.
4.2 Provide to the Bank the documents evidencing actual Credit utilization (statements of accounts).
4.3 Enable the Lender to control current financial state of the Borrower, as well as the Credit target indicators by providing the information provided for herein and by providing documents at the Lender’s written request. The Borrower shall provide the requested documents within the terms specified in the Lender’s inquiry.
4.4 Repay the Credit in full within the terms set forth herein including early repayment if the Lender sends relevant written notification in case there arise the obligations stipulated in clause 7.1 hereof within the terms established in clause 7.2 hereof.
4.5 Timely and fully pay to the Lender the interests, fees and forfeits hereunder, as well as the Lender’s expenses incurred by it on its behalf and at the Borrower’s expense (judicial costs, duties, costs for paying for the services of involved legal and financial advisors or auditors) due to:
4.5.1 preparation and agreement hereof, any Collateral documentation and/or supplements and amendments to any of these documents (subject to preliminary agreement of such expenses of the Borrower or the Company),
4.5.2 execution hereof, any Collateral documentation and amendments to any of these documents including in case of circumstances set forth in clause 7.1 hereof.
4.6 Starting from January 1, 2016 to January 1, 2017. not allow availability of settlement documents to invoices not paid in time and do not allow limitation of monetary funds management at the Borrower’s accounts (including suspension of transactions at accounts, seizure of monetary funds) for more than 15 (Fifteen) Business days (if such unpaid settlement documents to accounts or other restrictions of monetary funds management arise in the last five days of a calendar quarter - for a period of more than 5 (Five) Business days), but in any case not later than the date of the end of the relevant quarter, by the amount exceeding 500,000,000 (Five hundred million) roubles (or equivalent amount in other currency).
4.7 Starting from January 1, 2017 not allow availability of settlement documents to invoices not paid in time and do not allow limitation of monetary funds management at the Borrower’s accounts (including suspension of transactions at accounts, seizure of monetary funds) for more than 15 (Fifteen) Bu...
The Borrower’s Obligations. The Borrower's obligations to pay, observe and perform all indebtedness, liabilities, covenants and other obligations on the part of the Borrower to be paid, observed and performed under this Agreement, the Note and all other Loan Documents are herein collectively called the "Obligations".
The Borrower’s Obligations. In consideration of the agreement of the Banks to make the Facility available to the Borrower, the Guarantor:-
8.1.1 irrevocably and unconditionally guarantees to discharge on demand the Borrower's Obligations, including Interest from the date of demand until the date of payment, both before and after judgement; and
8.1.2 agrees, as a separate and independent obligation, that, if any of the Borrower's Obligations are not recoverable from the Guarantor under Clause 8.
1.1 for any reason, the Guarantor will be liable to the Finance Parties as a principal debtor by way of indemnity for the same amount as that for which the Guarantor would have been liable had those Borrower's Obligations been recoverable and agrees to discharge its liability under
1.2 on demand together with Interest from the date of demand until the date of payment, both before and after judgement.
The Borrower’s Obligations. The Borrower's obligations to pay, observe and perform all indebtedness, liabilities, covenants and other obligations on the part of the Borrower to be paid, observed and performed under this Agreement and the remainder of the Loan Documents are herein collectively called the "Obligations".
The Borrower’s Obligations. 6.1 The Borrower shall pay the interest on the Loan hereunder in accordance with the time, amount and kind of currency stipulated herein.
6.2 The Borrower shall not divert any amount of the Loan hereunder to any other use.
The Borrower’s Obligations. 6.1 The Borrower shall pay the interest on the Loan hereunder in accordance with the time, amount and kind of currency stipulated herein.
6.2 The Borrower shall not divert any amount of the Loan hereunder to any other use.
6.3 The Borrower shall bear the expenditure and costs hereunder including without limitation the notarization fee, verification fee, evaluation fee and registration fee. The Borrower shall observe operational rules and usual practices of the Loaner related to the Loan business, including without limitation the requirement to coordinate with the Loaner in the supervision and inspection on the use of the Loan and the operational situations of the Borrower, to timely provide all financial statements and other data and information requested by the Loaner and to guarantee that all such documents, data and information are true, complete and accurate.
The Borrower’s Obligations. 8.1. The Borrower shall repay the principal and interest of the loan under this Agreement according to the time, amount, currency and rate in the Line of Credit Withdrawal Application. The funds-returning account designated by the Borrower shall be used for deposit of sales revenue or planned repayment funds. If the sales revenue is not settled by cash, the Borrower shall warrant that the received funds would be transferred into the funds-returning account on a timely basis. The Borrower shall provide the funds transfer details of the funds-returning account.
8.2. The Borrower shall use the line of credit according to the terms in this Agreement, and use the loan for the specified purpose in the respective Line of Credit Withdrawal Application. The Borrower shall not divert the loan for other purposes, or use the loan for fixed asset investment, equity investment, and the nationally prohibited industrial and business sectors and purposes. The Borrower shall use the loan funds with the agreed methods. It shall not evade the Lender’s payment by authorization by dividing the loan; if the Borrower makes self-payments, it shall use the loan within a reasonable time required by the Lender’s regulatory agencies, and the payment of the loan funds shall satisfy the terms of this Agreement.
The Borrower’s Obligations. 3.1 To repay to the Council the Loan Amount in full by direct debit in [insert number] monthly instalments of £ [insert amount], with the first instalment payment being made on or before [insert date]. The instalment payments shall continue thereafter with each instalment payment being made on or before the [insert calendar day] day of each calendar month, without deduction until the Loan Amount has been repaid in full to the Council.
3.2 Subject to any prepayment made under clause 6 of this Agreement, the final instalment shall be due on [insert date].
3.3 To notify the Council in writing immediately if either the Borrower or the Landlord, including the Landlord’s letting agent, issues a notice to terminate the Tenancy or the Borrower moves or intends to move out of the Property for any reason.
The Borrower’s Obligations. 8.1 借款人应履行以下义务：
8.1 The Borrower shall perform the following obligations:
(1) 未经贷款人事前书面同意，不得共同或单独转让、出售、或其他方式处置其持有的公司股权，也不得设置质押等任何权利负担；
(1) The Borrower shall not transfer, sell or otherwise dispose of or create any pledge or encumbrance on the Company’s equity that he holds collectively or individually without the Lender’s prior written consent;
(2) 未经贷款人事前书面同意，不得在公司股东会作出出售、转让、抵押或处置任何股权利益，或是允许附加担保权益的股东决议；
(2) The Borrower shall not adopt any resolutions to sell, transfer, pledge or otherwise dispose of or add security interests in the Shareholders’ meeting without the Lender’s prior written consent;
(3) 未经贷款人事前书面同意，不得以任何方式对借款人的公司章程进行修订，也不得增加或减少注册资本，或者以任何方式改变股权结构；
The Borrower’s Obligations. In consideration of the agreement of (i) the Banks to make the Facility available to the Borrower and (ii) the Agent and the Banks to make the Guarantee Facility available to the Borrower, the Guarantor:-
8.1.1 irrevocably and unconditionally guarantees to discharge on demand the Borrower’s Obligations, including Interest from the date of demand until the date of payment, both before and after judgement; and
8.1.2 agrees, as a separate and independent obligation, that, if any of the Borrower’s Obligations are not recoverable from the Guarantor under Clause 8.
