Common use of Contractual Commitments Clause in Contracts

Contractual Commitments. since the audited accounts of the Parent ----------------------- for the year ended 31st December 1996, no dividends (in cash or specie) of the Parent or any other rights or benefits have been declared, made or paid by the Parent and no member of the Restricted Group has entered into any contractual commitments of a material nature (other than (i) the Principal Agreements, (ii) for the purpose of carrying out the business of constructing, installing and operating cable television and telecommunications systems in the territories covered by the Licences or such other business as is permitted by the terms of this Agreement, (iii) contractual commitments constituting Permitted Borrowings, Permitted Disposals or Permitted Encumbrances or (iv) in relation to the Philips Transaction);

Contractual Commitments. since the audited accounts of the ----------------------- Parent ----------------------- for the year ended 31st December 1996, no dividends (in cash or specie) of the Parent or any other rights or benefits have been declared, made or paid by the Parent and no member of the Restricted Group has entered into any contractual commitments of a material nature (other than (i) the Principal Agreements, (ii) for the purpose of carrying out the business of constructing, installing and operating cable television and telecommunications systems in the territories covered by the Licences or such other business as is permitted by the terms of this Agreement, (iii) contractual commitments constituting Permitted Borrowings, Permitted Disposals or Permitted Encumbrances or (iv) in relation to the Philips Transaction);