Conversion Obligations. Each of the Obligors acknowledges and confirms the obligation of the Borrower to complete the Conversion to the satisfaction of IFC in accordance with the terms of Section 5.01(a) of the Loan Agreement and that certain Waiver Letter dated as of August 25, 2014, by and among the Borrower, the Sponsor, and VAALCO International (as modified on or about May 6, 2015).
Appears in 2 contracts
Sources: Supplemental Agreement, Supplemental Agreement (Vaalco Energy Inc /De/)