Common use of Financial Framework Clause in Contracts

Financial Framework. 3.1 Entering into or terminating any contract, incurring or guaranteeing any third party debt, pledging any assets, otherwise entering into any transaction, or commencing, conducting or settling any litigation, which in any case has or may have a financial impact in excess of (i) US$25,000,000 with respect to Turkcell and its subsidiary undertakings, or (ii) US$10,000,000 with respect to all other members of the CTH Group. 3.2 Any charge in the authorised share capital of any member of the CTH Group or any issue of any shares or securities convertible or exchangeable into shares or options over shares or the right to subscribe for any such shares or securities of any member of the CTH Group.

Appears in 2 contracts

Sources: Shareholder Agreement (Cukurova Telecom Holdings LTD), Shareholders' Agreement (Turkcell Iletisim Hizmetleri a S)