Common use of a Treaty Lender Clause in Contracts

a Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.16(g)(xi) then such New Lender shall be treated for the purposes of this Agreement (including by each Loan Party) as if it is not a Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent, upon receipt of such notification, shall inform the Loan Party). For the avoidance of doubt, an Assignment and Acceptance shall not be invalidated by any failure of a Lender to comply with this Section 2.16(g)(xi).

Appears in 3 contracts

Samples: Credit Agreement (STERIS PLC), Credit Agreement (STERIS PLC), Credit Agreement (Steris Corp)

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a Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.16(g)(xi2.14(g)(xi) then such New Lender shall be treated for the purposes of this Agreement (including by each Loan Party) as if it is not a Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent, upon receipt of such notification, shall inform the Loan Party). For the avoidance of doubt, an Assignment and Acceptance shall not be invalidated by any failure of a Lender to comply with this Section 2.16(g)(xi2.14(g)(xi).

Appears in 1 contract

Samples: Agreement (Steris Corp)

a Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.16(g)(xi) then such New Lender shall be treated for the purposes of this Agreement (including by each Loan PartyBorrower) as if it is not a Qualifying Lender until such time as it notifies the Administrative Agent Agents which category applies (and the Administrative AgentAgents, upon receipt of such notification, shall inform the Loan PartyUK Borrower). For the avoidance of doubt, an Assignment and Acceptance Assumption shall not be invalidated by any failure of a Lender to comply with this Section 2.16(g)(xi).

Appears in 1 contract

Samples: Credit Agreement (Sherwin Williams Co)

a Treaty Lender. If a New new Lender fails to indicate its status in accordance with this Section 2.16(g)(xiparagraph (s) then such New new Lender shall be treated for the purposes of this Agreement (including by each Loan PartyBorrower) as if it is not a Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent, upon receipt of such notification, shall inform the Loan PartyBorrowers). For the avoidance of doubt, an Assignment and Acceptance Assumption shall not be invalidated by any failure of a Lender to comply with this Section 2.16(g)(xiparagraph (s).

Appears in 1 contract

Samples: Credit Agreement (Signet Jewelers LTD)

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a Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.16(g)(xi2.15(g)(xi) then such New Lender shall be treated for the purposes of this Agreement (including by each Loan PartyBorrower) as if it is not a Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent, upon receipt of such notification, shall inform the Loan PartyUK Borrower). For the avoidance of doubt, an Assignment and Acceptance Assumption shall not be invalidated by any failure of a Lender to comply with this Section 2.16(g)(xi2.15(g)(xi).

Appears in 1 contract

Samples: Credit Agreement (Sherwin Williams Co)

a Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.16(g)(xi2.21(c) then such New Lender shall be treated for the purposes of this Agreement (including by each Loan Party) as if it is not a Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent, upon receipt of such notification, shall inform the Loan Partyany UK Borrower). For the avoidance of doubt, an Assignment and Acceptance relevant transfer documentation shall not be invalidated by any failure of a Lender to comply with this Section 2.16(g)(xi2.21(c).

Appears in 1 contract

Samples: Credit Agreement (K2m Group Holdings, Inc.)

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