Upstream Guarantees. (a) The Parent shall procure that no member of the Restricted Group (other than a Guarantor) will give any guarantee or undertake any similar liability in respect of any Borrowings of any Borrower. (b) The Parent shall not procure or agree that any member of the Group (other than a Guarantor) will give any guarantee or undertake any similar liability in respect of any Borrowings of any Borrower. Back to Index
Appears in 1 contract
Sources: Syndicated Credit Facility (Reuters Group PLC /Adr/)
Upstream Guarantees. (a) The Parent shall procure that no member of the Restricted Group (other than a Guarantor) will give any guarantee or undertake any similar liability in respect of any Borrowings of any Borrower.
(b) The Parent shall not procure or agree that any member of the Group (other than a Guarantor) will give any guarantee or undertake any similar liability in respect of any Borrowings of any Borrower. Back to Index33
Appears in 1 contract
Sources: Syndicated Credit Facility Agreement (Reuters Group PLC /Adr/)