Addition of New Bank Sample Clauses

Addition of New Bank. (a) Each of the Agent and the Borrower consent to the addition of the New Bank as a Bank hereunder such that, after giving effect thereto and as of the effective date hereof, the New Bank shall be a party to the Credit Agreement and shall have the rights and obligations of a Bank thereunder.
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Addition of New Bank. Pursuant to [Section 2.18] of the Credit Agreement, the New Bank is hereby added to the Credit Agreement as a Bank with a Commitment of $____. The New Bank specifies as its Domestic Lending Office and Eurodollar Lending Office the following:
Addition of New Bank. Pursuant to Section 2.01B of the Credit Agreement, New Bank is hereby added to the Credit Agreement as a Bank with a subscribed Committed Line Portion of $23,500,000.00. New Bank agrees that it will perform all of its obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Bank. New Bank specifies as its Lending Office the following: Credit Agricole Joinder Agreement [Enserco] 011038.0122\563518 Credit Agricole Corporate and Investment Bank 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 Attention: Xxxx Xxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000
Addition of New Bank. Pursuant to Section 2.02(a) of the Credit Agreement, New Bank is hereby added to the Credit Agreement as a Bank with a Commitment of $__________. The New Bank specifies the following as its address for notices: _________________________________ _________________________________ _________________________________ Attention: ________________________ Facsimile: ________________________
Addition of New Bank. Pursuant to Section 2.01A of the Credit Agreement, New Bank is hereby added to the Credit Agreement as a Bank with a subscribed Committed Line Portion of $25,000,000.00. New Bank agrees that it will perform all of its obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Bank. New Bank specifies as its Lending Office the following: Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland,” New York Branch 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxx Xxxxxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Rabobank Joinder Agreement [Enserco] 011038.0122\522206.03
Addition of New Bank. The New Bank (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in Section 4.05 and 5.01 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment; (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement or any other Credit Document; (iii) appoints and authorizes the Administrative Agent and the Collateral Agent to take such action as agent on its behalf and to exercise such powers as it deems necessary under the Credit Agreement and any other Credit Document as are delegated to the Administrative Agent or the Collateral Agent by the terms thereof, together with such powers as are reasonably incidental thereto; (iv) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement or any other Credit Document are required to be performed by it as a Bank; and (v) specifies as its Domestic Lending Office (and address for notices) the office set forth beneath its name on Schedule 2 hereto.
Addition of New Bank. Pursuant to Section 2.01A of the Credit Agreement, New Bank is hereby added to the Credit Agreement as a Bank with a subscribed Committed Line Portion of $10,000,000.00. New Bank agrees that it will perform all of its obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Bank. New Bank specifies as its Lending Office the following: RZB Finance LLC 0000 Xxxxxx xx xxx Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 RZB Joinder Agreement [Enserco] 011038.0122\522330.02
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Addition of New Bank. Each of the Existing Banks, the Agent and the Borrower consent to the addition of Congress as a Bank hereunder such that, after giving effect thereto and as of the Effective Date, Congress shall be a party to this Credit Agreement and shall have the rights and obligations of a Bank hereunder. Congress (a) represents and warrants that (i) it is duly and legally authorized to enter into this Credit Agreement, (ii) the execution, delivery and performance of this Credit Agreement do not conflict with any provision of law or of the charter or by-laws of Congress, or of any agreement binding on Congress, (iii) all acts, conditions and things required to be done and performed and to have occurred prior to the execution, delivery and performance of this Credit Agreement, and to render the same the legal, valid and binding obligation of Congress, enforceable against it in accordance with its terms, have been done and performed and have occurred in due and strict compliance with all applicable laws; (b) confirms that it has received a copy of this Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Sections 7.4 and 8.4 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Credit Agreement; (c) agrees that it will, independently and without reliance upon the Agent or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Credit Agreement; (d) appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Credit Agreement and the other Loan Documents as are delegated to the Agent by the terms of this Credit Agreement and such other Loan Documents, respectively, together with such powers as are reasonably incidental thereto; and (e) agrees that it will perform in accordance with their terms all the obligations which by the terms of this Credit Agreement are required to be performed by it as a Bank.
Addition of New Bank. (a) Upon the date of effectiveness of this Second Amendment (the "Effective Date"), the New Bank shall (i) be a party to the Credit Agreement; (ii) assume all of the rights and obligations of a Bank under the Credit Agreement with a Commitment in the amount set forth opposite such Bank's name in Schedule 2.01 attached hereto; and (iii) be secured by the Collateral. On the Effective Date, the New Bank shall purchase and assume, and BofA and First Union shall each sell to the New Bank, 25% of its Commitment under the Credit Agreement, including 25% of each of the outstanding Loans of BofA and First Union (with such purchase, assumption and sale being deemed to have been completed upon payment of the purchase price in the manner referred to below). As of the date of this Second Amendment, there are four outstanding Borrowings of LIBOR Rate Loans, the terms of which are more particularly described on Exhibit A hereto. The interest rate payable by the Company on its outstanding Loans shall not change; however, the interest rate distributable to the New Bank on its portion of the Loans purchased from BofA and First Union shall be equal to the LIBOR Rate for an Interest Period of one or three months (as described on Exhibit A), determined as of January 15, 1999, plus the Applicable Margin for LIBOR Rate Loans. On the Effective Date, the New Bank shall assume the Commitment of, and pay to the Agent (for delivery to BofA and First Union) the purchase price for the Loans sold by, BofA and First Union. The obligation of the New Bank to so provide its purchase price to the Agent shall be absolute and unconditional and shall not be affected by the occurrence of a Default or Event of Default. Upon the delivery by the New Bank to the Agent of the purchase price due for such Loans, the New Bank shall thereupon hold an assignment, to the extent of such payment, in the claim of BofA and First Union against the Company for principal and shall share, in accordance with its Pro Rata Share, in any principal payment made by the Company with respect to such claim.
Addition of New Bank. Pursuant to Section 2.02 of the Credit Agreement, New Bank is hereby added to the Credit Agreement as a Bank with a Commitment of $ . The New Bank specifies the following as its address for notices: Attention:
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