Common use of Support Resolutions Clause in Contracts

Support Resolutions. Until the Final Settlement Date, it shall support all necessary resolutions at the meetings of the shareholders of the Borrower to ensure that the Borrower complies with the terms of the Financing Documents and shall oppose all resolutions at the meetings of the shareholders that may result in the Borrower being in breach of the Financing Documents.

Appears in 2 contracts

Sources: Sponsor Support Agreement, Sponsor Support Agreement (Sterlite Industries (India) LTD)