Common use of UNDERTAKINGS OF THE PLEDGOR Clause in Contracts

UNDERTAKINGS OF THE PLEDGOR. During the term of this Agreement, the Pledgor undertakes to the Pledgee: 9.1 not to take, or participate in, any action which results or might result in the Pledgor's loss of ownership of all or part of the Shares, and any other transaction which would have the same result as a sale, transfer, encumbrance or other disposal of the Shares or which would for any other reason be inconsistent with the security interest of the Pledgee or the security purpose (as described in Clause 3 hereof) except, in each case, to the extent that such action is not expressly prohibited for the Issuer and its subsidiaries under the Indentures; and 9.2 insofar as additional documents, declarations or actions (including making all filings and registrations) are necessary for the creation, perfection, protection or maintenance of the Pledges created (or purported to be created) hereunder (or any of them) in favour of the Pledgee or for the exercise of all rights, powers and remedies of the Security Trustee provided by or pursuant to this Agreement or by law or to facilitate the realisation of the Pledges created (or purported to be created) hereunder (or any of them), the Pledgor shall at the Security Trustee's request, made in accordance with the Security Trust and Intercreditor Deed, enter into or provide such documents, make such declarations and undertake/or such actions at the Pledgor's cost and expense.

UNDERTAKINGS OF THE PLEDGOR. During the term of this Agreement, the Pledgor undertakes to the Pledgee: 9.1 not to take, or participate in, any action which results or might result in the Pledgor's loss of ownership of all or part of the Shares, Interests and any other transaction which would have the same result as a sale, transfer, encumbrance or other disposal of the Shares Interests or which would for any other reason be inconsistent with the security interest of the Pledgee or the security purpose (as described in Clause 3 hereof) except, except in each case, case to the extent that such action is not expressly prohibited for the Issuer and its subsidiaries under the Indentures; and 9.2 insofar as additional documents, declarations or actions (including making all filings and registrations) are necessary for the creation, perfection, protection or maintenance of the Pledges created (or purported to be created) hereunder (or any of them) in favour of the Pledgee or for the exercise of all rights, powers and remedies of the Security Trustee provided by or pursuant to this Agreement or by law or to facilitate the realisation of the Pledges created (or purported to be created) hereunder (or any of them), the Pledgor shall at the Security Trustee's request, made in accordance with the Security Trust and Intercreditor Deed, enter into or provide such documents, make such declarations and undertake/or and/or undertake such actions at the Pledgor's cost and expense.