Treaty Lender. If a New Lender fails to indicate its status in accordance with this clause 2.17A(k) then such New Lender shall be treated for the purposes of this Agreement (including by each Borrower) as if it is not a 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 Company). For the avoidance of doubt, the Assignment and Assumption shall not be invalidated by any failure of a Lender to comply with this clause 2.17A(k).
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Samples: Amendment and Restatement Agreement (Hillenbrand, Inc.), Credit Agreement (Hillenbrand, Inc.)
Treaty Lender. If a New new Lender fails to indicate its status in accordance with this clause 2.17A(k) Clause 17.5 then such New Lender shall be treated for the purposes purpose of this Agreement (including by each BorrowerObligor) as if it is not a Qualifying Lender until such time as it notifies the Administrative Facility Agent which category applies (and the Administrative Facility Agent, upon receipt of such notification, shall inform the Company). For the avoidance of doubt, the a Transfer Certificate or Assignment and Assumption Certificate shall not be invalidated by any failure of a Lender to comply with this clause 2.17A(k).Clause 17.5
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Samples: Agreement (Elster Group SE)
Treaty Lender. If a New Lender fails to indicate its status in accordance with this clause 2.17A(k) then such New Lender shall be treated for the purposes of this Agreement (including by each Borrower) as if it is not a 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 Company). For the avoidance of doubt, the Assignment and Assumption or the Augmenting Lender Supplement (as the case may be) shall not be invalidated by any failure of a Lender to comply with this clause 2.17A(k).
Appears in 1 contract
Samples: Credit Agreement (Hillenbrand, Inc.)
Treaty Lender. If a New new Lender fails to indicate its status in accordance with this clause 2.17A(kparagraph (p) then such New new Lender shall be treated for the purposes of this Agreement (including by each Borrower) as if it is not a 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 CompanyBorrowers). For the avoidance of doubt, the an Assignment and Assumption shall not be invalidated by any failure of a Lender to comply with this clause 2.17A(kparagraph (p).
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Treaty Lender. If a New Lender fails to indicate its status in accordance with this clause 2.17A(k) Clause 15.5 then such New Lender shall be treated for the purposes of this Agreement (including by each BorrowerObligor) as if it is not a 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 Company). For the avoidance of doubt, the a Transfer Certificate, Assignment and Assumption Agreement or Increase Confirmation shall not be invalidated by any failure of a Lender to comply with this clause 2.17A(k)Clause 15.5.
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