Common use of Ratification by Subsidiaries Clause in Contracts

Ratification by Subsidiaries. The Issuer hereby undertakes to procure that, if so requested by the Administrative Agent, any subsidiary of the Issuer formed or acquired after the date hereof, shall execute an agreement with the Administrative Agent adopting and confirming, as regards such subsidiary, the terms of this Agreement, and agreeing to ratify anything done by the Administrative Agent in connection herewith on the terms of Section 5.04.

Appears in 4 contracts

Samples: Administrative Services Agreement (Babcock & Brown Air LTD), Administrative Agency Agreement (Lease Investment Flight Trust), Administrative Agency Agreement (Aircraft Finance Trust)

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