ARTICLE - V

FUNDING

 

Subject 'o other provisions of this shareholders Agreement Tata Power as the majority land controlling shareholder shall help and assist the COMPANY to raise. The capital land other finances required for the business of COMPANY. Tata Power shall not require Holding Company and/or its nominees to undertake or be a party to any guarantee obligation or otherwise give any security or assurance for such raising of finance or funds. Provided however the Holding Company shall duly consider the shares held by it in the COMPANY to be pledged for seeking finances to the COMPANY if Tata Power on its part provides proportionate (or higher) security for such finances.