New Intra-Group Lender. If any Intra-Group Lender or any member of the Group makes any loan to or grants any credit to or makes any other financial arrangement having similar effect with any Debtor, in an aggregate amount of USD 1,000,000 or more, the Parent will procure that the person giving that loan, granting that credit or making that other financial arrangement (if not already a Party as an Intra-Group Lender) accedes to this Agreement as an Intra-Group Lender pursuant to Clause 25.14 (Creditor/Creditor Representative Accession Undertaking).
New Intra-Group Lender. If any Intra-Group Lender or any member of the Group makes any loan to or grants any credit to or makes any other financial arrangement having similar effect (but excluding any trade credit in the ordinary course of trading) with any Debtor, the Issuer will procure that the person giving that loan, granting that credit or making that other financial arrangement (if not already Party as an Intra-Group Lender) accedes to this Agreement, as an Intra-Group Lender pursuant to Clause 18.9 (Creditor/Agent Accession Undertaking).
New Intra-Group Lender. If any Intra-Group Lender or any member of the Group makes any loan to or grants any credit to or makes any other financial arrangement having similar effect (but excluding any trade credit in the ordinary course of trading) with any Debtor, and the aggregate amount of all such loans, credits and financial arrangements from such Intra-Group Lender or member of the Group to that Debtor and/or any other Debtor at any time equals or exceeds an amount equal to the greater of £10,000,000 (or its equivalent in other currencies) and one per cent. of Total Assets, the Company may procure that the person giving that loan, granting that credit or making that other financial arrangement (if not 215 already a Party as an Intra-Group Lender) accedes to this Agreement, as an Intra-Group Lender pursuant to Clause 23.13 (Creditor Accession Undertaking).
New Intra-Group Lender. If any Debtor not already party to this Agreement as an Intra-Group Lender makes any loan to or grants any credit to or makes any other financial arrangement having similar effect with, in each case, any other Debtor (but excluding any trade credit in the ordinary course of trading), and the aggregate amount of all such loans, credits and financial arrangements from such Debtor to that other Debtor and/or any other Debtor at any time equals or exceeds USD50,000,000 (or its equivalent in other currencies) and such loans, credits and financial arrangements have been outstanding for no less than 90 days, the Parent will procure that, subject to the Agreed Security Principles, the Debtor giving that loan, granting that credit or making that other financial arrangement accedes to this Agreement as an IntraGroup Lender pursuant to Clause 19.7 (Creditor/Agent Accession Undertaking) within 60 after such loan, credit or other financial arrangement having been outstanding for 90 days.
New Intra-Group Lender. If any Intra-Group Lender or any member of the NAC Group (other than any NAC Obligor Group member) makes any loan to or grants any credit to or makes any other financial arrangement having similar effect with any member of the NAC 29 Group, NAC 29 will procure that the person giving that loan, granting that credit or making that other financial arrangement (if not already a Party as an Intra-Group Lender) accedes to this Agreement as an Intra-Group Lender, pursuant to Clause 18.9 (Creditor/Creditor Representative Accession Undertaking).
New Intra-Group Lender. If any member of the Group (other than Sappi Limited, any Subsidiary of Sappi Limited incorporated or organised in any country in southern Africa, any Sappi Manufacturing Group Company or the Issuer) makes any loan to or grants any credit to or makes any other financial arrangement having similar effect with any Debtor which is Intra-Group Liabilities, in an amount individually equal to USD 25,000,000 or more, the Company will procure that the person giving that loan, granting that credit or making that other financial arrangement (if not already party to this Agreement as an Intra-Group Lender), accedes to this Agreement as an Intra-Group Lender pursuant to Clause 19.6 (Creditor/Agent Accession Undertaking) as soon as reasonably practicable and, if such Intra-Group Lender is also a Debtor (other than Sappi Limited, any Subsidiary of Sappi Limited incorporated or organized in any country in southern Africa, any Sappi Manufacturing Group Company or any member of the Group incorporated or organized in Switzerland), enters into Security with respect to such loans, granting of credit or other financial arrangements which are Intra-Group Liabilities individually equal to or exceeding USD 25,000,000, in favour of the Security Agent as required in accordance with any of the Finance Documents, provided that such member of the Group shall not be required to enter into such Security (and the Company shall not be required to procure such entering into Security) if to do so would contravene Clause 2.4 (Security: Debtors’ Obligations) of this Agreement.
New Intra-Group Lender. If any member of the Group makes a loan to or grants any credit to or makes any other financial arrangement having similar effect with any Debtor, in an aggregate amount of USD 2,000,000 or more and which is (or will be) outstanding for more than 10 Business Days, the Senior Secured Notes Issuer will procure that the person giving that loan, granting that credit or making that other financial arrangement (if not already party to this Agreement as an Intra-Group Lender) accedes to this Agreement, as an Intra-Group Lender pursuant to Clause 19.13 (Creditor/Creditor Representative Accession Undertaking).
New Intra-Group Lender. If, on or after the date of this Agreement, any member of the Group that is not a Grantor makes any loan to, or grants any credit to, or makes any other financial arrangement having a similar effect with any Debtor, the Borrower will procure that the member of the Group giving that loan, granting that credit or making that other financial arrangement (if not already a party to this Agreement as an Intra-Group Lender) accedes to this Agreement as an Intra-Group Lender, pursuant to Section 3.12. Credit and Guaranty Agreement EXHIBIT K
New Intra-Group Lender. At any time after the Guarantor Accession Date, if any member of the Group (other than Impulsora de Centros de Entretenimiento de Las Américas, S.A.P.I. de C.V. or any other member of the Group which has a restriction in the relevant shareholders’ agreement (in the form as at the date of this Agreement) preventing it from acceding to this Agreement as an Intra-Group Lender) has made or makes any loan to or has granted or grants any credit to or has made or makes any other financial arrangement having similar effect with any Debtor, in an aggregate amount of EUR 5,000,000 or more, the Parent will procure that the person giving that loan, granting that credit or making that other financial arrangement (if not already a Party as an Intra-Group Lender) accedes to this Agreement as an Intra-Group Lender, pursuant to Clause 22.14 (Creditor/Creditor Representative Accession Undertaking).
New Intra-Group Lender. If any Debtor not already party to this Agreement as an Intra-Group Lender makes any loan to or grants any credit to or makes any other financial arrangement having similar effect with, in each case, any other Debtor (but excluding any trade credit in the ordinary course of trading), and the aggregate amount of all such loans, credits and financial arrangements from such Debtor to that other Debtor and/or any other Debtor at any time equals or exceeds USD5,000,000, the Parent will procure that the person giving that loan, granting that credit or making that other financial arrangement accedes to this Agreement as an Intra-Group Lender pursuant to Clause 19.7 (Creditor/Agent Accession Undertaking) as soon as reasonably practicable after, and in any event within 15 Business Days of, making any such loan to, granting any such credit or making any other such financial arrangement.
