Common use of Operational Documents Clause in Contracts

Operational Documents. (a) The Borrower shall and shall procure that each of its relevant Subsidiaries shall obtain and maintain in full force and effect (or, where any such Licence is to expire during the term of this Agreement, renew) each of the Licences and shall procure that each of its relevant Subsidiaries shall comply at all times in all material respects with all provisions thereof. (b) The Borrower shall and shall procure that CME Media Enterprises B.V. shall maintain the Framework Agreement in full force and effect and perform its obligations under, and not commit any breach of or default under, such agreement.

Appears in 2 contracts

Sources: Loan Agreement (Central European Media Enterprises LTD), Loan Agreement (Central European Media Enterprises LTD)