Assumptions Regarding Structure. The parties acknowledge and agree that with respect to any Trusts, such Trusts are comprised of one or more separate Borrowers and that such Borrowers are not separately existing legal entities entitled to enter into contractual agreements or to execute instruments, and for these reasons, the relevant Trusts are executing this Agreement on behalf of their specified respective Borrowers.
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Samples: Credit Agreement (Hotchkis & Wiley Variable Trust), Credit Agreement (Master Premier Growth Trust), Credit Agreement (Master Focus Twenty Trust)
Assumptions Regarding Structure. The parties acknowledge and agree that with respect to any Trusts, such the Trusts are comprised of one or more separate Borrowers Funds and that such Borrowers Funds are not separately existing legal entities entitled to enter into contractual agreements or to execute instruments, and for these reasons, the relevant Trusts are executing this Agreement and the relevant Notes on behalf of their specified respective BorrowersFunds.
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