Common use of Foreign Currency Fronting Lender Clause in Contracts

Foreign Currency Fronting Lender. Effective as of the Effective Date and subject to the satisfaction of the conditions set forth in Section 6 (Conditions to Effectiveness) hereof, the Borrower and the Agents hereby (i) waive the requirement that the Borrower and the Agents shall have received at least 30 days’ prior written notice of the resignation of the Foreign Currency Fronting Lender, and (ii) consent to the resignation of DBNY as the Foreign Currency Fronting Lender and the appointment of Barclays as the Successor Foreign Currency Fronting Lender.

Appears in 4 contracts

Samples: Credit Agreement and Pledge and Security Agreement, Credit Agreement (Jarden Corp), Credit Agreement (Jarden Corp)

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Foreign Currency Fronting Lender. Effective as of the Effective Date and subject to the satisfaction of the conditions set forth in Section 6 (Conditions to Effectiveness) hereof, the Borrower and the Agents hereby (i) waive the requirement that the Borrower and the Agents shall have received at least 30 days’ prior written notice of the resignation of the Foreign Currency Fronting Lender, and (ii) consent to the resignation of DBNY LCPI as the Foreign Currency Fronting Lender and the appointment of Barclays DBNY as the Successor Foreign Currency Fronting Lender.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Jarden Corp)

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