Money Lending Business Act of Japan. (a) Each Non-Bank Lender entering into this Agreement or becoming a party hereto prior to the entering into this Agreement shall promptly deliver to the Borrowers and the Guarantor the document provided for in Article 16-2 of the Money Lending Business Act of Japan in accordance with its terms and prior to the Drawdown Date shall promptly deliver to the Borrowers and the Guarantor the document provided for in Article 17 of the Money Lending Business Act of Japan in accordance with its terms. (b) Each Non-Bank Lender shall promptly deliver to the Borrowers the document provided for in Article 18 of the Money Lending Business Act of Japan as necessary upon each repayment of all or part of a Loan. (c) If a Non-Bank Lender assigns or transfers all or any part of a Loan, it shall send the notification provided for in Article 24 of the Money Lending Business Act of Japan in accordance with its terms. (d) Each Non-Bank Lender shall perform all of such Non-Bank Lender’s obligations pursuant to clauses (a) through (c) above and all the other obligations of such Non-Bank Lender under the Money Lending Business Act of Japan, and neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations. (e) Any Lender who has been assigned all or part of a Loan from a Non-Bank Lender shall perform the obligation pursuant to Item 2 of Article 24 of the Money Lending Business Act of Japan in accordance with its terms, and the neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations. (f) Each Non-Bank Lender shall, promptly after the execution of this Agreement, notify the Administrative Agent in writing of the matters to be notified or disclosed to the Borrowers by the Administrative Agent in accordance with the Money Lending Business Act of Japan (including, but not limited to, those under Article 21 thereunder). If there are any amendments to any such matters, the Non-Bank Lender shall immediately notify the Administrative Agent in writing thereof. (g) Notwithstanding anything to the contrary herein, all expenses arising from the performance by a Non-Bank Lender of its duties under the Money Lending Business Act of Japan (including, but not limited to, the duties as set out in this Section 11.22) shall be borne by such Non-Bank Lender.
Appears in 2 contracts
Samples: Credit Agreement (Teva Pharmaceutical Industries LTD), Credit Agreement (Teva Pharmaceutical Industries LTD)
Money Lending Business Act of Japan. (a) Each Non-Bank Lender entering into this Agreement or becoming a party hereto prior to the entering into this Agreement shall promptly deliver to the Borrowers and the Guarantor the document provided for in Article 16-2 of the Money Lending Business Act of Japan in accordance with its terms and prior to the Drawdown Draw Down Date shall promptly deliver to the Borrowers and the Guarantor the document provided for in Article 17 of the Money Lending Business Act of Japan in accordance with its terms.
(b) Each Non-Bank Lender shall promptly deliver to the Borrowers the document provided for in Article 18 of the Money Lending Business Act of Japan as necessary upon each repayment of all or part of a Loan.
(c) If a Non-Bank Lender assigns or transfers all or any part of a Loan, it shall send the notification provided for in Article 24 of the Money Lending Business Act of Japan in accordance with its terms.
(d) Each Non-Bank Lender shall perform all of such Non-Bank Lender’s obligations pursuant to clauses (a) through (c) above and all the other obligations of such Non-Bank Lender under the Money Lending Business Act of Japan, and neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations.
(e) Any Lender who has been assigned all or part of a Loan from a Non-Bank Lender shall perform the obligation pursuant to Item 2 of Article 24 of the Money Lending Business Act of Japan in accordance with its terms, and the neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations.
(f) Each Non-Bank Lender shall, promptly after the execution of this Agreement, notify the Administrative Agent in writing of the matters to be notified or disclosed to the Borrowers by the Administrative Agent in accordance with the Money Lending Business Act of Japan (including, but not limited to, those under Article 21 thereunder). If there are any amendments to any such matters, the Non-Bank Lender shall immediately notify the Administrative Agent in writing thereof.
(g) Notwithstanding anything to the contrary herein, all expenses arising from the performance by a Non-Bank Lender of its duties under the Money Lending Business Act of Japan (including, but not limited to, the duties as set out in this Section 11.22) shall be borne by such Non-Bank Lender.
Appears in 1 contract
Samples: Credit Agreement (Teva Pharmaceutical Industries LTD)
Money Lending Business Act of Japan. (a) Each Non-Bank Lender entering into this Agreement or becoming a party hereto prior to the entering into this Agreement shall promptly deliver to the Borrowers Borrower and the Guarantor the document provided for in Article 16-2 of the Money Lending Business Act of Japan in accordance with its terms and prior to the Drawdown Date shall promptly deliver to the Borrowers Borrower and the Guarantor the document provided for in Article 17 of the Money Lending Business Act of Japan in accordance with its terms.
(b) Each Non-Bank Lender shall promptly deliver to the Borrowers Borrower the document provided for in Article 18 of the Money Lending Business Act of Japan as necessary upon each repayment of all or part of a Loan.
(c) If a Non-Bank Lender assigns or transfers all or any part of a Loan, it shall send the notification provided for in Article 24 of the Money Lending Business Act of Japan in accordance with its terms.
(d) Each Non-Bank Lender shall perform all of such Non-Bank Lender’s obligations pursuant to clauses (a) through (c) above and all the other obligations of such Non-Bank Lender under the Money Lending Business Act of Japan, and neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations.
(e) Any Lender who has been assigned all or part of a Loan from a Non-Bank Lender shall perform the obligation pursuant to Item 2 of Article 24 of the Money Lending Business Act of Japan in accordance with its terms, and the neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations.
(f) Each Non-Bank Lender shall, promptly after the execution of this Agreement, notify the Administrative Agent in writing of the matters to be notified or disclosed to the Borrowers Borrower by the Administrative Agent in accordance with the Money Lending Business Act of Japan (including, but not limited to, those under Article 21 thereunder). If there are any amendments to any such matters, the Non-Bank Lender shall immediately notify the Administrative Agent in writing thereof.
(g) Notwithstanding anything to the contrary herein, all expenses arising from the performance by a Non-Bank Lender of its duties under the Money Lending Business Act of Japan (including, but not limited to, the duties as set out in this Section 11.22) shall be borne by such Non-Bank Lender.
Appears in 1 contract
Samples: Credit Agreement (Teva Pharmaceutical Industries LTD)
Money Lending Business Act of Japan. (a) Each Non-Bank Lender entering into this Agreement or becoming a party hereto prior to the entering into this Agreement shall promptly deliver to the Borrowers Borrower and the Guarantor the document provided for in Article 16-2 of the Money Lending Business Act of Japan in accordance with its terms and prior to the Drawdown Date shall promptly deliver to the Borrowers Borrower and the Guarantor the document provided for in Article 17 of the Money Lending Business Act of Japan in accordance with its terms.
(b) Each Non-Bank Lender shall promptly deliver to the Borrowers Borrower the document provided for in Article 18 of the Money Lending Business Act of Japan as necessary upon each repayment of all or part of a Loan.
(c) If a Non-Bank Lender assigns or transfers all or any part of a Loan, it shall send the notification provided for in Article 24 of the Money Lending Business Act of Japan in accordance with its terms.
(d) Each Non-Bank Lender shall perform all of such Non-Bank Lender’s obligations pursuant to clauses (a) through (c) above and all the other obligations of such Non-Bank Lender under the Money Lending Business Act of Japan, and neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations.
(e) Any Lender who has been assigned all or part of a Loan from a Non-Bank Lender shall perform the obligation pursuant to Item 2 of Article 24 of the Money Lending Business Act of Japan in accordance with its terms, and the neither the Administrative Agent nor any other Lender shall have any responsibility for any such obligations.
(f) Each Non-Bank Lender shall, promptly after the execution of this Agreement, notify the Administrative Agent in writing of the matters to be notified or disclosed to the Borrowers Borrower by the Administrative Agent in accordance with the Money Lending Business Act of Japan (including, but not limited to, those under Article 21 thereunder). If there are any amendments to any such matters, the Non-Bank Lender shall immediately notify the Administrative Agent in writing thereof.
(g) Notwithstanding anything to the contrary herein, all expenses arising from the performance by a Non-Bank Lender of its duties under the Money Lending Business Act of Japan (including, but not limited to, the duties as set out in this Section 11.22) shall be borne by such Non-Bank Lender.. [Signature Pages to Follow]
Appears in 1 contract
Samples: Credit Agreement