Common use of ORIGINAL BORROWER'S AUTHORITY Clause in Contracts

ORIGINAL BORROWER'S AUTHORITY. Each of the Obligors (other than the Principal Company) irrevocably authorises the Principal Company to designate any of its subsidiaries as an Additional Borrower pursuant to Clause 2.9 (Nomination of Additional Borrowers) and irrevocably authorises the Principal Company to execute on its behalf any Supplemental Agreement in relation thereto.

Appears in 3 contracts

Samples: Agreement (Royal Ahold), And Restatement Agreement (Royal Ahold), And Restatement Agreement (Royal Ahold)

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ORIGINAL BORROWER'S AUTHORITY. Each of the Obligors (other than the Principal Company) irrevocably authorises the Principal Company to designate any of its subsidiaries as an Additional Borrower pursuant to Clause 2.9 2.5 (Nomination of Additional Borrowers) and irrevocably authorises the Principal Company to execute on its behalf any Supplemental Agreement in relation thereto.

Appears in 1 contract

Samples: Royal Ahold

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