Examples of Domestic Subsidiary Borrower in a sentence
Such Domestic Subsidiary shall have delivered to the Administrative Agent a good standing certificate or full force and effect certificate, as the case may be, for such Domestic Subsidiary, issued on or about the date that such Domestic Subsidiary is to become a Domestic Subsidiary Borrower hereunder, by the Secretary of State in the state or states where such Domestic Subsidiary is incorporated or formed or qualified as a foreign entity.
Each Borrower and such Domestic Subsidiary shall have executed and delivered to the Administrative Agent a fully executed Domestic Subsidiary Borrower Assumption Agreement, prepared by the Administrative Agent, with such additional provisions as the Administrative Agent, in its reasonable discretion, may determine are necessary or appropriate.
The Administrative Agent is hereby authorized by the Lenders to enter into such Domestic Subsidiary Borrower Assumption Agreement on behalf of the Lenders.
Address: Attention: [OBLIGOR] By:Name:Title: [BORROWERS] By:Name:Title: KEYBANK NATIONAL ASSOCIATION as Administrative Agent on behalf of and for the benefit of the Lenders By:Name:Title: GUARANTOR ACKNOWLEDGMENT Each of the undersigned consents and agrees to and acknowledges the terms of the foregoing the Domestic Subsidiary Borrower Assumption Agreement, dated as of [_________], 20[__].