Common use of Treaty Lender Clause in Contracts

Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.17(f)(iii), then that New Lender shall be treated for the purposes of this Agreement (including by each UK Borrower) as if it is 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 UK Borrower). For the avoidance of doubt, the documentation which a Lender executes on becoming a party to this Agreement shall not be invalidated by any failure of a New Lender to comply with this Section 2.17(f)(iii).

Treaty Lender. If a New Lender fails to indicate its status in accordance with this Section 2.17(f)(iii2.17(f)(v), then that such New Lender shall be treated for the purposes of this Agreement (including by the Administrative Agent and each UK Borrower) Loan Party as if it is was 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 Lead Borrower or the UK Borrower). For the avoidance of doubt, the documentation which an Assignment and Assumption or other transfer of a Lender executes on becoming a party to this Agreement Loan Document shall not be invalidated by any failure of a New Lender to comply with this Section 2.17(f)(iii2.17(f)(v).