Accession Undertaking definition

Accession Undertaking means a Deed of Accession;

Accession Undertaking means: 2.1.1.1 in relation to any Additional Borrower, an undertaking substantially in the form set out in Schedule 5 (Form of Accession Undertaking) delivered or to be delivered to the Facility Agent and by which an Additional Borrower will become a Party to this Agreement; and 2.1.1.2 in relation to any Additional Guarantor, an undertaking substantially in the form set out in Schedule 5 (Form of Accession Undertaking) delivered or to be delivered to the Facility Agent and by which an Additional Guarantor will become a Party to this Agreement;

Accession Undertaking means an accession undertaking in substantially the form set out in Schedule 9 (Form of Accession Undertaking).

Examples of Accession Undertaking in a sentence

• Each of the Lenders appoints the Facility Agent to receive on its behalf each Accession Undertaking delivered to the Facility Agent and to accept and sign it if, in the Facility Agent’s opinion, it is complete and appears on its face to be authentic and duly executed by the relevant acceding party and until accepted and signed by the Facility Agent that document shall not be effective.

• Delivery of an Accession Undertaking constitutes confirmation by the relevant Subsidiary that the representations in clause 16 (Representations and Warranties) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.

• A Pari Passu Note Trustee may resign or be removed in accordance with the terms of the relevant Pari Passu Note Indenture, provided that a replacement of such Pari Passu Note Trustee agrees with the Parties to become the replacement trustee under this Agreement by the execution of a Creditor/Creditor Representative Accession Undertaking.

• Any person which becomes a party to the Intercreditor Agreement as a Hedge Counterparty shall, at the same time, become a Party to this Agreement as a Hedge Counterparty in accordance with Clause 20.13 (Creditor/Creditor Representative Accession Undertaking) of the Intercreditor Agreement.

• Each Notes Trustee may resign or be removed in accordance with the terms of the applicable Notes Indenture, provided that a replacement Notes Trustee agrees with the Parties to become the replacement trustee under this Agreement by the execution of a Creditor Accession Undertaking.

More Definitions of Accession Undertaking

Accession Undertaking means a document substantially in the form set out in Schedule 1 of the Agency Agreement

Accession Undertaking means an undertaking in substantially the form set out in Schedule 5 (Form of Accession Undertaking).

Accession Undertaking means an undertaking in the form set out in Schedule 1 (Form of Accession Undertaking) hereto.

Accession Undertaking means a form of deed of accession to the Deed of Charge substantially in the form set out in Schedule 3 (Form of Accession Undertaking) to this Deed;

Accession Undertaking means in relation to a New Lender an undertaking substantially in the form set out in Schedule 12 (Form of Accession Undertakings);

Accession Undertaking means an agreement in the form substantially set out in the Twelfth Schedule pursuant to which NAANOVO MEXICO WTE S.A. agrees to become a party hereto as therein provided;

Accession Undertaking means an accession undertaking substantially in the relevant form provided for in terms of the Enforcement Rights Agreement;