Acceding Bank definition

Acceding Bank has the meaning set forth in Section 12.09(c)(i).

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Acceding Bank has the meaning set forth in Section 9.6(d). "Administrative Questionnaire" means, with respect to each Bank, an administrative questionnaire in the form prepared by the Agent and submitted to the Agent (with a copy to the Borrower) duly completed by such Bank.

Acceding Bank has the meaning ascribed to such term in Clause 6.12 (Increase of Commitments);

Examples of Acceding Bank in a sentence

• All communications and notices hereunder to the Acceding Bank shall be given to it at the address set forth under its signature hereto, which information, together with the amount of the Acceding Bank’s Commitment, supplements Schedule 1 to the Credit Agreement.

• The Acceding Bank, as of the Effective Date, hereby accedes to the Credit Agreement and shall thereafter have the rights and obligations of a Bank thereunder with the same force and effect as if originally named therein as a Bank.

• Without limiting clause 5 of this Certificate, the Acceding Bank agrees that the provisions of clause 24.13 of the Facility Agreement binds it as if the reference therein to this "Agreement" included this Certificate and (subject to any agreement to the contrary between the Existing Banks and Acceding Bank) the reference therein to the "Agent" included the Existing Banks.

• The following terms shall have the meanings set forth in this Section 1 or elsewhere in the provisions of this Credit Agreement referred to below: Acceding Bank.

• C The Acceding Bank wishes to become party to the Facility Agreement as a Bank pursuant to the procedure established in clause 29.5 of the Facility Agreement by the execution of this Certificate.

• The Acceding Bank undertakes to the Existing Banks, the Agent and the Borrower that it shall assume the New Obligations on and from the Accession Date.

• The Acceding Bank acknowledges that it has received a complete and current copy of each Transaction Document together with such other documents and information as it has required in connection therewith.

• Upon the effective date of any increase the Total Revolving Credit Commitment under this Agreement that is supported by an Acceding Bank, such Acceding Bank shall be a party to this Agreement as a Lender and shall have the rights and obligations of a Lender hereunder.

• The parties agree that with effect on and from the Accession Date the Acceding Bank will be deemed a party to each Transaction Document to which the Existing Banks are a party as a Bank.

• Any Acceding Bank shall be consented to by the Agent (which consent shall not be unreasonably withheld).

More Definitions of Acceding Bank

Acceding Bank means the bank set out in Part Two of the Schedule hereto;

Acceding Bank means any financial institution that is to provide an Ancillary Facility to one or more members of the South African Group that has executed a Bank Accession Notice and the Company has delivered to the Facility Agent each of the documents required to be provided therewith each in a form satisfactory to the Facility Agent.

Acceding Bank has the meaning set forth in Section 9.6(d).