New Obligors. During the term of this Agreement, each Subsidiary of the Parent that, pursuant to Section 7.8 of the Credit Agreement, is required to become a party to this Agreement, may become such a party by executing an assumption agreement, substantially in the form of Exhibit A, a copy of which shall be delivered to the Trustee in accordance with Section 6.1, whereupon such Subsidiary shall become an Obligor for all purposes and to the same extent as if originally a party hereto and shall be bound by and entitled to the benefits of this Agreement.
New Obligors. 33 6.12 Inspection by Regulatory Agencies................................................................ 33 6.13 Confidentiality.................................................................................. 33 6.14 Submission to Jurisdiction; Waivers.............................................................. 33 6.15 The Indenture Trustee, the Holders and the Indenture Securities.................................. 34 6.16 Intercreditor Agreements; Authorization to Trustee in Respect of Certain Agreements.............. 34 6.17 Further Assurances; Absolute Obligations to Grant Lien on Vehicle Collateral..................... 35 0.00
New Obligors. (a) If any member of the Group (a “New Obligor”) borrows, guarantees or otherwise becomes liable for any Debt or grants or incurs or otherwise becomes a creditor in respect of any Financial Indebtedness to or from any other member of the Group in an aggregate amount in excess of €20,000,000 (or its equivalent), the Parent will use all reasonable endeavours to procure that (unless such New Obligor has become party hereto by some other means to the satisfaction of the Senior Agent acting reasonably) such New Obligor becomes a party to this Deed as an Obligor by the execution and delivery to the Security Agent of a duly completed Deed of Accession (together with such board resolutions and other corporate documentation as the Security Agent may reasonably require).
New Obligors. During the term of this Trust Agreement, one or ----------------- more additional Subsidiaries may become a party to this Trust Agreement by executing an assumption agreement, substantially in the form of Exhibit B, whereupon such Subsidiary shall become an Obligor for all purposes and to the same extent as if originally a party hereto and shall be bound by and entitled to the benefits of this Trust Agreement.
New Obligors. For the purposes of this clause 22 (Determination of matters) it is expressly agreed and acknowledged that the execution of a guarantee and/or deed of adherence by a new Subsidiary or other Obligor or proposed Obligor or any deed or instrument pursuant to a further assurance provision in this Agreement or the other Finance Documents shall not constitute an amendment or modification to, or variation of, any of the Finance Documents.
New Obligors. If any member of the Group (a New Obligor) borrows, guarantees or otherwise becomes liable for any Intercompany Debt or grants or incurs or otherwise becomes a creditor in respect of any Intercompany Debt, the Parent will procure that (unless such New Obligor has become party hereto by some other means to the satisfaction of the Senior Agent acting reasonably) such New Obligor becomes a party to this Agreement as an Obligor by the execution and delivery to the Security Agent of a duly completed Deed of Accession (together with such board resolutions and other corporate documentation as the Security Agent may reasonably require).
New Obligors. Each of the parties hereto acknowledges and agrees that any Designated Subsidiary which executes an Election to Participate after the date of this Security Agreement shall automatically, and without further action hereunder by any party hereto, become an Obligor hereunder and under the Credit Agreement for all purposes.
New Obligors. If any member of the Group (a "NEW OBLIGOR") guarantees or otherwise becomes liable for any Senior Debt, Hedging Liability or Junior Debt, the Borrower will procure that (unless such New Obligor has become party hereto by some other means to the satisfaction of the Senior Agent and the Junior Agent) such New Obligor will become a party hereto as an Obligor by the execution of an Obligor deed of accession substantially in the form set out in Schedule 7.
New Obligors. In the event that Agent requires one or more new direct or indirect Subsidiaries of Parent to enter into this Agreement pursuant to the Credit Agreement, they may do so by executing and delivering in favor of Agent a supplement to this Agreement in the form of Annex 1 attached hereto. Upon the execution and delivery of such supplement by such new Subsidiary, such Subsidiary shall become an Obligor hereunder with the same force and effect as if originally named as an Obligor herein. The execution and delivery of any instrument adding an additional Obligor as a party to this Agreement shall not require the consent of any Obligor hereunder. The rights and obligations of each Obligor hereunder shall remain in full force and effect notwithstanding the addition of any new Obligor hereunder.
New Obligors. The Company must ensure that any person that becomes an Obligor under and as defined in a Credit Facility is at the same time bound by this Deed by entering into a duly completed Accession Deed.
