Examples of Accession Memorandum in a sentence
The Borrower Secured Creditors hereby authorise the Borrower Security Trustee to execute each Accession Memorandum (without liability therefor) and agree to be bound by the terms of each such Accession Memorandum.
Any person wishing to become a Finance Party shall, upon execution and delivery by such person or their duly authorised representative to the Borrower Security Trustee, of an Accession Memorandum, acceding to the STID and this Agreement (together with the supporting documentation referred to in that Accession Memorandum), be bound by the provisions of the STID and this Agreement as if the terms set out therein were incorporated in full into the arrangements made between that person and the Obligors.
It is hereby agreed by the parties hereto that any such Accession Memorandum delivered pursuant to Clause 26.2 shall take effect upon delivery to the Bond Trustee.
This Accession Memorandum shall be governed by, and construed in accordance with, the laws of the Federal Republic of Germany.
A company, in respect of which the Borrower has delivered a Guarantor Accession Memorandum to the Agent, shall become a Guarantor and assume all the rights, benefits and obligations of a Guarantor as if it has been an original party hereto as a Guarantor on the date on which the Agent notifies the Borrower that it has received, in form and substance satisfactory to it, all the documents and other evidence listed in Schedule 11 (Additional Conditions Precedent).