15 Key definitions

‘Financial assistance’ covers financial assistance by way of1:

  1. 15.1

        gift;

  2. 15.2

        the provision of a guarantee, security or indemnity (other than an indemnity in respect of the indemnifier’s own neglect or default);

  3. 15.3

        the release or waiver of an obligation or obligations;

  4. 15.4

        a loan or any other agreement under which the company providing the assistance is required to fulfil its obligations at a time when any obligation of another party to the agreement remains unfulfilled;

  5. 15.5

        the novation of, or assignment of rights arising under, a loan or other type of agreement as described in Paragraph

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