Investment Commitments. The Buyer shall ensure unconditional and irrevocable Bank commitment acceptable for the Seller, till 35% of investments value of the total investment price, amounting KM valid for the period of 36 months plus 45 days, after issuing the guarantee. Commitments shall guarantee payment of any amount on the first call of the Seller, if the Buyer fails to pay investment commitments from this Agreement. The Buyer is due to pay investment commitments before the Closing date of this Agreement.
Appears in 1 contract
Sources: Share Purchase Agreement
Investment Commitments. The Buyer shall ensure unconditional and irrevocable Bank commitment acceptable for the Seller, till for at least 35% of investments value of the total investment price, amounting KM amounting-------- -----KM valid for the period of 36 months plus 45 days, after issuing the guarantee. Commitments shall guarantee payment of any amount on the first call of the Seller, if the Buyer fails to pay investment commitments from this Agreement. The Buyer is due to pay investment commitments before the Closing date of this Agreement.
Appears in 1 contract
Sources: Share Purchase Agreement