Common use of Undertaking to subscribe Clause in Contracts

Undertaking to subscribe. The Dealers undertake to the Issuer that, subject to and in accordance with the provisions of this Agreement, they will subscribe and pay for the Notes on the Issue Date at [figure] per cent. of the aggregate principal amount of the Notes (the "ISSUE PRICE") [plus (if the Issue Date is postponed in accordance with Clause 5.2 (Postponed closing)) any accrued interest in respect thereof]. The obligations of the Dealers under this sub-clause are joint and several.

Appears in 2 contracts

Sources: Dealer Agreement (Turquoise Receivables Trustee LTD), Dealer Agreement (Turquoise Receivables Trustee LTD)

Undertaking to subscribe. The Dealers undertake to the Issuer that, subject to and in accordance with the provisions of this Agreement, they will subscribe and pay for the Notes on the Issue Date [at [figure] per cent. of the aggregate principal amount of the Notes (the "ISSUE PRICE") )] [plus (if the Issue Date is postponed in accordance with Clause 5.2 (Postponed closing)) any accrued interest in respect thereof]. The obligations of the Dealers under this sub-clause are joint and several.

Appears in 1 contract

Sources: Dealer Agreement (South Gyle Receivables Trustee LTD)