Conditions Precedent and Conditions Subsequent. 4.1 Without prejudice to the generality of Clause 2, the obligations of each Finance Party to the Company and the Borrowers under the Credit Agreement in relation to the Facilities are subject to the fulfilment of all conditions precedent set out in Schedule 3, Part 1 hereof. 4.2 The Company and the Borrowers undertake that the conditions subsequent set out in paragraph 1 of Schedule 3, Part 2 shall be completed within 30 days from the date of this Agreement.
Appears in 2 contracts
Sources: Revolving Multicurrency Credit Facility Agreement (Derby Cycle Corp), Revolving Multicurrency Credit Facility Agreement (Derby Cycle Corp)