In consideration of the debt and equity financing to be provided for the Project, the Republic hereby undertakes on a best efforts basis to execute and deliver all such documents and instruments, including without limitation a direct agreement between the Republic and [•] or your Shareholders, as may be reasonably necessary or desirable to achieve financial closing.
This Undertaking is furnished to you by the undersigned, in my capacity as the Secretary of Finance of the Republic, solely in connection with the execution of the Agreement, and is strictly limited to the matters stated in this Undertaking and is not to be read as extending, by implication or otherwise, to any other matter. This Undertaking is not to be used, circulated, quoted or otherwise referred to for any other purposes without the written consent of the Department of Finance but may be, however, disclosed to and relied upon by your Shareholders, the lenders under the Financing Agreement and any party contemplating the acquisition of any part of your interests, rights and obligations under the Agreement.
Please confirm your acceptance of the terms and conditions of this Undertaking by signing the three copies of this Undertaking as indicated below and returning one signed copy to the undersigned.