SHARING OF INFORMATION WITH SECTION 20 SUBSIDIARY. Each of the Borrower and the Guarantor acknowledges that from time to time financial advisory, investment banking and other services may be offered or provided to the Borrower, the Guarantor or the other Transaction Parties in connection with this Credit Agreement or otherwise, by a Section 20 Subsidiary. Each of the Borrower and the Guarantor hereby authorizes (a) such Section 20 Subsidiary to share with the Agent and each Bank any information delivered to such Section 20 Subsidiary by the Borrower or the Guarantor, and (b) the Agent and each Bank to share with such Section 20 Subsidiary any information delivered to the Agent or such Bank by the Borrower or any of the other Transaction Parties pursuant to this Credit Agreement, or in connection with the decision of such Bank to enter into this Credit Agreement; it being understood, in each case, that any such Section 20 Subsidiary receiving such information shall be bound by the confidentiality provisions of this Credit Agreement. Such authorization shall survive the payment and satisfaction in full of all of the Obligations.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Charlotte Russe Holding Inc), Revolving Credit Agreement (Charlotte Russe Holding Inc)
SHARING OF INFORMATION WITH SECTION 20 SUBSIDIARY. Each of the Borrower and the Guarantor acknowledges The Borrowers acknowledge that from time to time financial advisory, investment banking and other services may be offered or provided to the BorrowerBorrowers or one or more of their Subsidiaries, the Guarantor or the other Transaction Parties in connection with this Credit Agreement or otherwise, by a Section 20 Subsidiary. Each of the Borrower Borrowers, for itself and the Guarantor each of its Subsidiaries, hereby authorizes (a) such Section 20 Subsidiary to share with the Agent and each Bank any information delivered to such Section 20 Subsidiary by the Borrower Borrowers or the Guarantorany of their Subsidiaries, and (b) the Agent and each Bank to share with such Section 20 Subsidiary any information delivered to the Agent or such Bank by any of the Borrower Borrowers or any of the other Transaction Parties their Subsidiaries pursuant to this Credit Agreement, or in connection with the decision of such Bank to enter into this Credit Agreement; it being understood, in each case, that any such Section 20 Subsidiary receiving such information shall be bound by the confidentiality provisions of this Credit Agreement. Such authorization shall survive the payment and satisfaction in full of all of the Obligations.
Appears in 1 contract
Samples: Revolving Credit Agreement (American Restaurant Group Inc)
SHARING OF INFORMATION WITH SECTION 20 SUBSIDIARY. Each of the The Borrower and the Guarantor acknowledges that from time to time financial advisory, investment banking and other services may be offered or provided to the BorrowerBorrower or one or more of its Subsidiaries, the Guarantor or the other Transaction Parties in connection with this Credit Agreement or otherwise, by a Section 20 Subsidiary. Each of If the Borrower engages any such Section 20 Subsidiary, the Borrower, for itself and the Guarantor each of its Subsidiaries, hereby authorizes (a) such Section 20 Subsidiary to share with the Agent and each Bank any information delivered to such Section 20 Subsidiary by the Borrower or the Guarantorany of its Subsidiaries, and (b) the Agent and each Bank to share with such Section 20 Subsidiary any information delivered to the Agent or such Bank by the Borrower or any of the other Transaction Parties its Subsidiaries pursuant to this Credit Agreement, or in connection with the decision of such Bank to enter into this Credit Agreement; it being understood, in each case, that any such Section 20 Subsidiary receiving such information shall be bound by the confidentiality provisions of this Credit Agreement. Such authorization shall survive the payment and satisfaction in full of all of the Obligations.
Appears in 1 contract
Samples: Revolving Credit Agreement (Weider Nutrition International Inc)