Examples of Designated Borrower Joinder Agreement in a sentence
All capitalized terms used in this Designated Borrower Joinder Agreement and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement.
This Designated Borrower Joinder Agreement shall constitute a Loan Document under the Credit Agreement.
For as long as any Subsidiary shall be a Borrower, the representations and warranties of such Subsidiary in such Borrower’s Designated Borrower Joinder Agreement are true and correct in all material respects as of the date such representations and warranties are made or deemed to be made, except to the extent such representations and warranties expressly relate to an earlier date in which case they shall be true and correct in all material respects as of such earlier date.
Upon the execution of such Designated Borrower Joinder Agreement by the Company and such Applicant Borrower, such Applicant Borrower shall be a Designated Borrower and permitted to receive Loans hereunder, on the terms and conditions set forth herein and therein, and such Applicant Borrower otherwise shall be a Borrower for all purposes of this Agreement; provided that no Loan Notice may be submitted by or on behalf of such Designated Borrower until the date five Business Days after such effective date.
The vendor will also control scale, corrosion, organic growth, etc.
The additional terms and conditions applicable to extensions of credit to the Designated Borrower shall be: This Designated Borrower Joinder Agreement shall constitute a Loan Document under the Credit Agreement.
For as long as any Subsidiary shall be a Borrower, the representations and warranties of such Subsidiary in such Borrower’s Designated Borrower Joinder Agreement are true and correct in all material respects as of the date such representations and warranties are made or deemed to be made.
Each Designated Borrower Joinder Agreement shall specify (i) any additional terms and conditions applicable to Revolving A Loans to such Applicant Borrower as agreed to by the Administrative Agent, the Company and such Applicant Borrower and (ii) the effective date upon which the Applicant Borrower shall constitute a Designated Borrower for purposes hereof.
Within ten Business Days of receipt of such Designated Borrower Joinder Agreement, (A) each Lender that is unable to lend to such Designated Borrower (as to such Designated Borrower, each a “Non-Participating Lender”) shall provide written notice of such fact to the Administrative Agent, and (B) each Lender that is able to lend to such Designated Borrower (as to such Designated Borrower, each a “Participating Lender”) shall provide written notice of such fact to the Administrative Agent.
Each Revolving A Lender hereby agrees to permit each Designated Borrower listed in each Designated Borrower Joinder Agreement to receive Revolving A Loans hereunder, on the terms and conditions set forth herein, and each party hereto agrees that each such Designated Borrower otherwise shall be a Borrower for all purposes of this Agreement; provided that no Loan Notice may be submitted by or on behalf of such Designated Borrower until the date five Business Days after such effective date.