Common use of INFORMATION TO SHAREHOLDERS Clause in Contracts

INFORMATION TO SHAREHOLDERS. at the same time as sent to shareholders of a Security Party, it will deliver to the Lender copies of any circular, document or other written information sent to such shareholders generally (or any class of them) or to its creditors generally (or any class of them) in respect of any re-adjustment, rescheduling or deferral of all or a material part of its indebtedness;

INFORMATION TO SHAREHOLDERS. at the same time as sent to shareholders of a Security Partythe Borrower, it will deliver to the Lender copies of any circular, document or other written information sent to such shareholders generally (or any class of them) or to its creditors generally (or any class of them) in respect of any re-adjustment, rescheduling or deferral of all or a material part of its indebtedness;