The borrower and its subsidiaries shall (i) have, under one or more commitment agreements, an available commitment capacity of a sufficient level to manage their respective operations in normal times and (ii) comply in all respects with all the conditions set out in each commitment agreement and not allow default under this agreement, as set out in point 6.25 or otherwise authorised. Once paid by the songwriter, the bonds are properly performed, authorized, issued and delivered by the issuer to the songwriter. After the issuer delivers the bonds to the underwriter, the songwriter will put the bonds on the market at the price and yield set out in the bond purchase agreement, and investors will buy the bonds from the underwriter. maintain their respective subsidiaries and encourage them to maintain the commitment capacity available under one or more engagement agreements, at a level sufficient to carry out their respective activities in normal times and encourage their respective subsidiaries to comply with all the essential conditions set out in each commitment agreement. An employment relationship is a contract that prevents employees from committing certain acts…