Common use of Debenture Documents Clause in Contracts

Debenture Documents. The Issuer shall comply in all respects with the provisions of the Debenture Documents. The Issuer shall ensure that the Security created pursuant to each Security Document shall have the ranking it is expressed to have under such Security Document and the Inter-creditor Agreement and that each of the Security Documents is maintained in full force and effect. The Issuer covenants that there are no agreements or instruments, which have been executed by the Issuer/or the Sponsor which have the effect of amending or modifying the Debenture Documents. The Issuer shall ensure that the validity and enforceability of the Security is maintained and shall take all steps necessary, including executing further documents, for this purpose.

Appears in 1 contract

Sources: Debenture Trust Deed

Debenture Documents. (i) The Issuer shall comply in all respects with the provisions of the Debenture Documents. . (ii) The Issuer shall ensure that the Security created pursuant to each Security Document shall have the ranking it is expressed to have under such Security Document and the Inter-creditor Agreement and that each of the Security Documents is maintained in full force and effect. . (iii) The Issuer covenants that there are no agreements or instruments, which have been executed by the Issuer/or the Sponsor which have the effect of amending or modifying the Debenture Documents. . (iv) The Issuer shall ensure that the validity and enforceability of the Security is maintained and shall take all steps necessary, including executing further documents, for this purpose.

Appears in 1 contract

Sources: Debenture Trust Deed