UK Qualifying Lender Status Confirmation Clause Samples

UK Qualifying Lender Status Confirmation. (a) Each Lender which becomes a party to this Agreement and makes a Loan to or is an L/C Issuer in respect of a UK Loan Party after the date of this Agreement shall indicate in the documentation it executes on becoming a Party, and for the benefit of the Administrative Agent and without liability to any Loan Party, which of the following categories it falls in for the purposes of that Loan; (i) not a UK Qualifying Lender; (ii) a UK Qualifying Lender (other than a UK Treaty Lender); or (iii) a UK Treaty Lender. (b) If a Lender which becomes a party to this Agreement after the date of this Agreement fails to indicate its status in accordance with this Clause 3.01(f) then such Lender shall be treated for the purposes of this Agreement (including by each Loan Party) 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 Company. For the avoidance of doubt, any document pursuant to which a Lender becomes party to this Agreement shall not be invalidated by any failure of a Lender to comply with this Clause 3.01(f). (c) A UK Non-Bank Lender shall promptly notify the Company if there is any change in the position from that set out in its UK Tax Confirmation.