Common use of Treaty Lender Clause in Contracts

Treaty Lender. If a Lender fails to indicate its status in accordance with this paragraph (h) then such Lender shall be treated for the purposes of this Agreement by the Administrative Agent and each Loan Party as if it was not a UK Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent upon receipt of such notification, shall inform the relevant UK Borrower). For the avoidance of doubt, an Assumption Agreement or Assignment and Assumption shall not be invalidated by any failure of a Lender to comply with this paragraph (h).

Appears in 8 contracts

Samples: Credit Agreement (Aon PLC), Credit Agreement (Aon PLC), Credit Agreement (Aon PLC)

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Treaty Lender. If a Lender fails to indicate its status in accordance with this paragraph (hG) then such Lender shall be treated for the purposes of this Agreement (including by the Administrative Agent and each Loan Party Borrower) as if it was is not a UK U.K. Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent Agent, upon receipt of such notification, shall inform the relevant UK Borrowereach Borrowers). For the avoidance of doubt, an Assumption Agreement or any such Assignment and Assumption or other relevant documentation shall not be invalidated by any such failure of a Lender to comply with this paragraph (hG).

Appears in 3 contracts

Samples: Credit Agreement (Abm Industries Inc /De/), Credit Agreement (Abm Industries Inc /De/), Credit Agreement (Abm Industries Inc /De/)

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Treaty Lender. If such a Lender fails to indicate its status in accordance with this paragraph (hSection 2.17(w) then such Lender shall be treated for the purposes of this Agreement (including by the Administrative Agent and each Loan Party Borrower) as if it was is not a UK Qualifying Lender until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent Agent, upon receipt of such notification, shall inform the relevant UK Borrower). For the avoidance of doubt, an Assumption Agreement or the Assignment and Assumption shall not be invalidated by any failure of a Lender to comply with this paragraph (hSection 2.17(v).

Appears in 1 contract

Samples: Credit Agreement (Welbilt, Inc.)

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