Common use of FURTHER UNDERTAKING Clause in Contracts

FURTHER UNDERTAKING. Until the Final Settlement Date, the Sponsor further undertakes/ confirms, for the benefit of the Lenders that it shall not undertake or take any steps that could result in or cause the Borrower to commit an Event of Default or have a Material Adverse Effect affecting the Project or the non performance or a breach of the obligations of the Borrower under this Agreement or under the Transaction Documents.