Examples of Additional US Borrower in a sentence
Within thirty (30) days after such service, Additional US Borrowers shall appear in answer to such process, failing which such Additional US Borrower shall be deemed in default and judgment may be entered by Lender against such Additional US Borrower for the amount of the claim and other relief requested.
Without limiting the generality of the foregoing, each Additional US Borrower hereby expressly agrees to observe and perform and be bound by all of the terms, covenants, representations, warranties, and agreements contained in the Credit Agreement which are binding upon, and to be observed or performed by, a US Borrower.
Each Additional US Borrower hereby waives personal service of any and all process upon it and consents that all such service of process may be made by certified mail (return receipt requested) directed to its address set forth herein and service so made shall be deemed to be completed five (5) days after the same shall have been so deposited in the US mails, or, at an Administrative Agent’s option, by service upon such Additional US Borrower in any other manner provided under the rules of any such courts.
On and after the effectiveness of this Assumption Agreement, each reference in the Security Agreement to the “Assignors,” or words to that effect shall mean and be a reference to the Company, each of the assignors signatory to the Security Agreement and each Additional US Borrower for all purposes of the Security Agreement.
On and after the effectiveness of this Joinder Agreement, each reference in the Credit Agreement and the other Financing Agreements to the “US Borrowers,” or words to that effect shall mean and be a reference to the Parent, each of the Credit Parties signatory to the Credit Agreement and each Additional US Borrower for all purposes of the Credit Agreement and each Financing Agreement.
LLC, as Additional US Borrower By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: President and Chief Executive Officer EDGEN GROUP, INC., as Parent By: /s/ Xxxxx X.
Section 9.14 of the Credit Agreement, as added by the First Amendment thereto, is renumbered to be Section 9.15 and is amended by inserting the following immediately after “and the US Borrower shall no longer serve as Guarantor” and immediately before the period at the end of such section: “of the obligations of the Canadian Borrower (but shall be a guarantor of the obligations of the Additional US Borrower as provided in Article X)”.
In accordance with Section 10.13 of the Security Agreement, by executing and delivering this Assumption Agreement, each Additional US Borrower hereby becomes an Assignor under the Security Agreement from and after the date hereof with the same force and effect as if originally an “Assignor” under the Security Agreement.
LLC, as Additional US Borrower] By: Name: Title: [EDGEN GROUP INC., as Parent] By: Name: Title: [EDG HOLDCO LLC, as a US Guarantor] By: Name: Title: ANNEX I Notice Information U.S. Revolving Credit Collateral Agent [_________________] [_________________] [_________________] [_________________] Attention: [_________________] Telecopy: [_________________] Notes Collateral Agent The Bank of New York Mellon Trust Company, N.A. 10000 Xxxxxxxxx Xxxx.
From and after the Second Amendment Effective Date, the Additional U.S. Borrower shall have the rights and obligations of a Borrower under the Amended Credit Agreement and under the other Loan Documents and shall be bound by the terms, conditions and provisions thereof.