Twenty-First Amendment to the Credit Suisse Family of Funds $250,000,000 Committed Line of Credit Sample Contracts

Letter Amendment
Twenty-First Amendment to the Credit Suisse Family of Funds $250,000,000 Committed Line of Credit • April 17th, 2024 • Credit Suisse Trust • Massachusetts

Prior to May 22, 2023, the Borrowers notified the Bank that Credit Suisse Group AG would be acquired by or merged with or into UBS Group AG (the “Acquisition”). In anticipation of the Acquisition, the Bank and the Borrowers entered into the Omnibus Consent, dated as of May 22, 2023 (the “Consent”), by and among the Bank and, among others, the Borrowers, pursuant to which the Bank consented to the Acquisition and any Agreement Defaults (as defined in the Consent) arising as a result of the Acquisition. Subsequent to the date of the Consent the Acquisition was consummated and the Consent remains in full force and effect as of the date hereof.

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!