Common use of Term of undertakings Clause in Contracts

Term of undertakings. Unless the Agent (acting on instructions of the Majority Lenders) otherwise agrees in writing, until: (a) the Total Commitments are cancelled; (b) the Secured Moneys are unconditionally repaid in full; and (c) each Security is discharged, each Obligor must, at its own cost, comply with its undertakings in this clause 8.

Appears in 2 contracts

Sources: Term Facility Agreement (Paringa Resources LTD), Project Facility Agreement (Paringa Resources LTD)

Term of undertakings. Unless the Agent (acting on the instructions of the Majority LendersFinanciers) otherwise agrees in writing, until: (a) the Total Commitments are cancelled;; and (b) the Secured Moneys are unconditionally repaid in full; and (c) each Security is discharged, each Obligor Transaction Party must, at its own cost, comply with its undertakings in this clause 8β€Ž9.

Appears in 1 contract

Sources: Syndicated Convertible Loan Facility Agreement (Samson Oil & Gas LTD)

Term of undertakings. Unless the Senior Agent (acting on instructions of the Majority LendersFinanciers) otherwise agrees in writing, until: (a) the Total Commitments are cancelled;; and (b) the Secured Moneys are unconditionally repaid in full; and (c) each Security is discharged, each Obligor Transaction Party must, at its own cost, comply with its undertakings in this clause 811.

Appears in 1 contract

Sources: Syndicated Multi Currency Senior Facilities Agreement (Worldwide Restaurant Concepts Inc)