Common use of Your Business Clause in Contracts

Your Business. You must: (a) conduct your business in a proper, orderly and efficient manner; (b) not, without our consent, cease conducting your business and not significantly change the general character of any business you conduct; (c) obtain, renew on time and comply with the terms of each authorisation necessary to enter into this document, comply with obligations under it and allow it to be enforced; (d) if we ask, use your best efforts to obtain permission to use the secured property for any purpose we reasonably specify; (e) not, without our consent: (i) provide financial accommodation to; or (ii) permit financial accommodation to remain owing to you by, a related entity or satisfy any financial accommodation you now or in the future owe to a related entity; (f) not deposit money with a person in circumstances where the money is not repayable unless you perform obligations (including to pay money) to that person; (g) ensure that your capital is not reduced or made capable of being called up only in certain circumstances; and (h) not, without our consent, approve or register a transfer of shares in your capital or change your directors or company secretary.

Your Business. You must: (a) a. conduct your business in a proper, orderly and efficient manner; (b) b. not, without our consent, cease conducting your business and not significantly change the general character of any business you conduct; (c) obtain▇. ▇▇▇▇▇▇, renew on time and comply with the terms of each authorisation necessary to enter into this document, comply with obligations under it and allow it to be enforced; (d) d. if we ask, use your best efforts to obtain permission to use the secured property for any purpose we reasonably specify; (e) e. not, without our consent: (i) i. provide financial accommodation to; or (ii) . permit financial accommodation to remain owing to you by, a related entity or satisfy any financial accommodation you now or in the future owe to a related entity; (f) f. not deposit money with a person in circumstances where the money is not repayable unless you perform obligations (including to pay money) to that person; (g) g. ensure that your capital is not reduced or made capable of being called up only in certain circumstances; and (h) h. not, without our consent, approve or register a transfer of shares in your capital or change your directors or company secretary.