Common use of Transferee’s Undertaking Clause in Contracts

Transferee’s Undertaking. The Transferee hereby undertakes with the Agent and the Bank and each of the other parties to the Credit Documentation that it will perform in accordance with its terms all those obligations which by the terms thereof will be assumed by it after delivery of the Transfer Certificate to the Agent and satisfaction of the conditions (if any) subject to which the Transfer Certificate is to take effect.

Appears in 15 contracts

Samples: Senior Facilities Agreement (Messer Griesheim Holding Ag), Facilities Agreement (Octel Corp), Loan Agreement (Ship Acquisition Inc.)

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Transferee’s Undertaking. The Transferee hereby undertakes with the Facility Agent and the Bank and each of the other parties to the Credit Documentation that it will perform in accordance with its terms all those obligations which by the terms thereof will be assumed by it after delivery of the Transfer Certificate to the Facility Agent and satisfaction of the conditions (if any) subject to which the Transfer Certificate is to take effect.

Appears in 3 contracts

Samples: Amendment Agreement (Coca-Cola HBC AG), Facilities Agreement (Coca-Cola Hellenic Bottling Co Sa), Facility Agreement (Centerpulse LTD)

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Transferee’s Undertaking. The Transferee hereby undertakes with the Agent and the Bank Transferor and each of the other parties to the Credit Documentation that it will perform in accordance with its terms all those obligations which by the terms thereof will be assumed by it after delivery of the Transfer Certificate to the Agent and satisfaction of the conditions (if any) subject to which the Transfer Certificate is to take effect.

Appears in 3 contracts

Samples: Senior Subordinated Credit Agreement (Misys PLC), Multicurrency Revolving Credit Facility Agreement (Misys PLC), Multicurrency Revolving Facility Agreement (Misys PLC)

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