Common use of Undertaking to subscribe Clause in Contracts

Undertaking to subscribe. Each Subscriber undertakes to the Issuer and each Guarantor that, subject to and in accordance with the terms and conditions of this Agreement, it will: (a) in the case of an Original Subscriber, subscribe for Notes in the principal amount specified opposite such Subscriber's name in Schedule 1 (The Original Parties) on the applicable Issue Date specified in any relevant Subscription Request at the Issue Price; and (b) in the case of any other Subscriber, subscribe for Notes in the principal amount specified opposite such Subscriber's name in the Assignment Agreement by which such Subscriber became a party to this Agreement on the applicable Issue Date specified in any relevant Subscription Request at the Issue Price.