Common use of Lender Representation – Professional Market Party Clause in Contracts

Lender Representation – Professional Market Party. Each Lender represents and warrants on the date that a Borrower incorporated or resident in The Netherlands (each a “Dutch Borrower”) first becomes a party hereto that the amount in relation to a loan/commitment to such Dutch Borrower is at least €50,000 (or the equivalent in another currency) or that it is a professional market party within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht) and the regulations promulgated thereunder.

Appears in 4 contracts

Samples: 364 Day Credit Agreement (NYSE Euronext), 364 Day Credit Agreement (NYSE Euronext), 364 Day Credit Agreement (NYSE Euronext)

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