Common use of Authorisation of Facility Agent and conditions to sign Transfer Certificates Clause in Contracts

Authorisation of Facility Agent and conditions to sign Transfer Certificates. The Borrower, the Security Trustee, each Lender and the Swap Bank irrevocably authorises the Facility Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrower and/or any Security Party shall be required to effect any such transfer, the Borrower and such Security Party shall take all necessary steps to afford such cooperation. The Facility Agent shall only be obliged to execute a Transfer Certificate as soon as it is satisfied that ail “know your customer” requirements are complied with under all applicable laws and regulations in connection with the Transferee Lender.

Authorisation of Facility Agent and conditions to sign Transfer Certificates. The BorrowerBorrowers, the Security Trustee, each Lender and the Swap Bank irrevocably authorises the Facility Agent to sign Transfer Certificates on its behalf. The Borrower Borrowers and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrower Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrower Borrowers and such Security Party shall take all necessary steps to afford such cooperation. The Facility Agent shall only be obliged to execute a Transfer Certificate as soon as it is satisfied that ail all “know your customer” requirements are complied with under all applicable laws and regulations in connection with the Transferee Lender.