Common use of New Lender to become Bound Clause in Contracts

New Lender to become Bound. In the event an Existing Lender cedes any of its rights or delegates any of its obligations as contemplated under clause 21.1 (Cession and Delegation by the Lender), the Existing Lender shall procure that the New Lender agrees to become bound by all the terms and conditions of this Agreement and the other Finance Documents to which the Existing Lender is a party as a party thereto.

Appears in 9 contracts

Samples: Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD)

AutoNDA by SimpleDocs

New Lender to become Bound. In the event an Existing Lender cedes any of its rights or delegates any of its obligations as contemplated under clause 21.1 (Cession Assignments and Delegation Transfers by the Lender), the Existing Lender shall procure that the New Lender agrees to become bound by all the terms and conditions of this Agreement and the other Finance Documents to which the Existing Lender is a party as a party thereto.

Appears in 3 contracts

Samples: Facility Agreement (Gold Fields LTD), Facility Agreement (Gold Fields LTD), Facility Agreement (Gold Fields LTD)

New Lender to become Bound. In the event an Existing Lender cedes any of its rights or delegates any of its obligations as contemplated under clause 21.1 Clause 20.1 (Cession and Delegation by the Lender), the Existing Lender shall procure that the New Lender agrees to become bound by all the terms and conditions of this Agreement and the other Finance Documents to which the Existing Lender is a party as a party thereto.

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

New Lender to become Bound. In the event an Existing Lender cedes any of its rights or delegates any of its obligations as contemplated under clause 21.1 (Cession and Delegation by the Lender)21.1, the Existing Lender shall procure that the New Lender agrees to become bound by all the terms and conditions of this Agreement and the other Finance Documents to which the Existing Lender is a party as a party thereto.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Gold Fields LTD)

AutoNDA by SimpleDocs

New Lender to become Bound. In the event an Existing Lender cedes any of its rights or delegates any of its obligations as contemplated under clause 21.1 (Cession and Delegation by the LenderLenders), the Existing Lender shall procure that the New Lender agrees to become bound by all the terms and conditions of this Agreement and the other Finance Documents to which the Existing Lender is a party as a party thereto.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Gold Fields LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!