TechInAfrica – South Africa-based pharmaceutical company Aspen has signed an agreement with US company Johnson & Johnson for the production of the COVID-19 vaccine as soon as clinical trials enter their final phase. an infringement (including by a lender) of any of the provisions of the Governing Council, including the rules applicable to you and X. Not more than 25% of the value of the assets subject to restrictions on the sale, pledging or other disposal of assets under this Agreement, of another loan document or agreement involving a lender or a related entity of a lender, are at all times represented by margin shares (within the meaning of Regulation U of the Governing Council). provided that the concept of « authorized charges » does not cover a right of pledge intended to cover the debt, with the exception of the rights of pledge referred to in clauses (c) and (d) which appear in the guarantee obligations referred to above in respect of the obligations of accrediting, bank guarantee or similar instruments. Nothing in this paragraph shall be considered as a modification of the requirements defined in the definition of the guarantee and guarantee requirement or in the commitments entered into by the parties to the loan in accordance with points 5.03, 5.11 or 5.15 or in the security documents. SECTION 3.02. Authorization; Applicability. The transactions to be concluded by each party to the loan have been duly approved by all necessary measures of enterprise or organization and, if necessary, by the holders of the shareholdings in the capital of that party. This agreement has been duly executed and delivered by the borrower and constitutes another loan document to which a party to the loan, when executed and delivered by that party, is a legal, valid and binding obligation of the borrower or another party to the loan, if any, applicable to that person, in accordance with its terms.
subject to applicable bankruptcy, insolvency, reorganization, moratorium or any other law affecting the rights of creditors in general, are subject to the general principles of fairness, whether taken into account in equity proceedings or in law. . . .