Common use of Undertakings and Warranties Clause in Contracts

Undertakings and Warranties. 7.1 The Borrowers hereby undertake and warrant that without prior written consent of the Lender, they will not make or authorize others (including but not limited to the directors of the Domestic Company they nominate) to make any resolution, instruction, consent or order, agreeing, authorizing or procuring the Domestic Company to carry out any transactions that will or may have material effect on the assets, rights, obligations or business of the Domestic Company (including its branches and/or subsidiaries) (“Prohibited Transactions”), including but not limited to:

Appears in 7 contracts

Samples: Loan Agreement (Xpeng Inc.), Loan Agreement (Xpeng Inc.), Loan Agreement (Xpeng Inc.)

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Undertakings and Warranties. 7.1 The Each of the Borrowers hereby irrevocably undertake and warrant that without the Lender’s prior written consent of the Lenderconsent, they it will not in any way make or authorize others (including including, but not limited to to, the directors director of the Domestic Company they nominatenominated by it) to make any resolution, instruction, consent or order, agreeing, authorizing order or procuring cause the Domestic Company to carry out engage in any transactions transaction that will or may have material effect on materially affect the assets, rights, obligations or business businesses of the Domestic Company (including its branches affiliates and/or subsidiaries) (hereinafter, the “Prohibited TransactionsTransaction”), including including, but not limited to:

Appears in 1 contract

Samples: Loan Agreement (LAIX Inc.)

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