Till December Sample Clauses

Till December. 31, 2015 develop and agree with the Independent financial advisor and the Bank the mechanism of automatic transfer of excess monetary funds to repay the Credit (Cash sweep).

Till December. 31, 2015 ensure provision in the form acceptable for the Bank of the confirmation concerning signature between the Group companies and the credit institutions to whom the Financial debt is payable by these Group companies of the agreements on restructuring the Financial debt of the Group companies to these credit institutions and on settlement of disputes related to this Financial debt.

Till December. 31, 2015 provide confirmation on introducing amendments into the constitutional documents of the Borrower agreed with the Bank and duly certified by the Borrower providing for a condition on procedure for approval by the Board of Directors of the company transactions for alienation and encumbrance of large assets, issue, raising of credits and loans and other material transactions on the basis of a unanimous decision.

Till December. 31, 2015 provide confirmation of absence of any encumbrance on Intercompany debt, including but not limited to provision to the Lender of a true copy of an extract for custody account of shares of the Group companies pledged to secure intercompany debt at the date of signing Additional Agreement No. 2 and confirming the absence of encumbrance of shares, except for encumbrance in favour of the Lender.