Further Collateral. Without derogating from clause 10.1.3 below, the Lender consents to the provision by the Borrower of further Collateral (to be pledged in accordance with the Security Documents) in the form of additional FCR Shares (other than the Pledged FCR Shares) and/or convertible debentures of FCR (to the extent such debentures are listed at the TSX and so long as the price for such debentures is generally quoted on each trading day (“the FCR Eligible Debentures”)), for the sole purpose of avoiding an Event of Default under clause 17.13 below.
Appears in 2 contracts
Sources: Facility Agreement (Gazit-Globe LTD), Facility Agreement (Gazit-Globe LTD)