Common use of FINANCIAL ACCOMMODATION Clause in Contracts

FINANCIAL ACCOMMODATION. An Obligor must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person, other than Permitted Financial Accommodation.

Appears in 3 contracts

Sources: Term Facility Agreement (Paringa Resources LTD), Project Facility Agreement (Paringa Resources LTD), Facility Agreement (Oil States International, Inc)

FINANCIAL ACCOMMODATION. An Each Obligor must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person, person other than Permitted Financial Accommodation.

Appears in 1 contract

Sources: Convertible Bridge Loan Agreement (Peninsula Energy LTD)