HARMONY UNDERTAKING definition
HARMONY UNDERTAKING means the written undertaking by Harmony and AHJIC in favour of the Lender dated on or about the Signature Date pursuant to which Harmony undertakes that it will utilise a portion of the proceeds payable to AHJIC in respect of the sale of the ARM Shares pursuant to the Sale of Shares Agreement to repay in full on the Advance Date the principal amount outstanding together with all amounts of accrued and unpaid interest and all other amounts due and payable to the Lender pursuant to a loan agreement between the Lender and Harmony dated 24 December 2004, in accordance with the provisions of clause 12 of that loan agreement;
HARMONY UNDERTAKING means the written agreement entitled "Harmony Undertaking" concluded or to be concluded amongst Harmony, Nedbank and AHJIC on or about the Signature Date;
HARMONY UNDERTAKING means the written undertaking by Harmony and AHJIC in favour of Nedbank dated on or about the Signature Date pursuant to which Harmony undertakes that it will utilise a portion of the proceeds payable to AHJIC in respect of the sale of the ARM Shares pursuant to this Agreement to repay in full on the Effective Date the principal amount outstanding together with all amounts of accrued and unpaid interest and all other amounts due and payable to Nedbank pursuant to a loan agreement between Nedbank and Harmony dated 24 December 2004, in accordance with the provisions of clause 12 of that loan agreement;