Examples of Jxxxx River in a sentence
The Borrower Agent may request that Jxxxx River be added as an additional Borrower hereunder by delivering written notice of such request to the Administrative Agent (the “Jxxxx River Request”) not less than forty-five (45) days, nor more than seventy-five (75) days prior to the effectiveness of such addition of Jxxxx River, so long as no Default exists on the date of the Jxxxx River Request or on the date of such effectiveness.
Each of Parent, JRG Reinsurance, and Jxxxx River hereby affirms as of the date hereof, (i) all of its respective Debt and other obligations to each of the Lender Parties under and pursuant to the Credit Agreement and each of the other Loan Documents and that such Debt and other obligations are owed to each of the Lender Parties according to their respective terms and (ii) there are no claims or defenses to the enforcement by the Lender Parties of the Debt and other obligations of, as the case may be.
Upon and subject to the effectiveness of such addition of Jxxxx River as a Borrower, Jxxxx River shall cease to be a Guarantor hereunder.
Jxxxx River represents and warrants to each of the Lender Parties the accuracy in all material respects of the statements made in all of the foregoing Recitals, which are hereby incorporated by reference into this Joinder Agreement as if fully restated herein.
For purposes of paragraph 1 of this Section D, the “Peer Group” shall consist of W.X. Xxxxxxx Corporation (BER), RLI Corporation (RLI), Jxxxx River Group, Inc.
The Parent’s Domestic Subsidiaries are members of an affiliated group of entities filing consolidated returns for Federal income tax purposes, of which Jxxxx River is the “common parent” (within the meaning of Section 1504 of the Code) of such group.
Each of Parent, JRG Reinsurance, Jxxxx River, and the Lender Parties agrees that as of the date hereof, this Joinder Agreement shall be deemed to be a Loan Document.
Each of Jxxxx River and Jxxxx River UK shall have executed and delivered to the Administrative Agent a confirmation of its Payment Guaranty in form and substance reasonably satisfactory to the Administrative Agent, accompanied by such certifications regarding good standing and authorization as the Administrative Agent may reasonably request.
Any reference in the other Loan Documents to the Credit Agreement shall, from and after the date hereof, be deemed to refer to the Credit Agreement, as assumed and modified by this Joinder Agreement; and any reference in the Loan Documents to the notes issued pursuant to Section 2.09(e) of the Credit Agreement shall, from and after the date hereof, be deemed to include the notes executed by Jxxxx River and Parent (or any subsequent replacements thereof).
The Parent’s Domestic Subsidiaries and Carolina Re are members of an affiliated group of entities filing consolidated returns for Federal income tax purposes, of which Jxxxx River is the “common parent” (within the meaning of Section 1504 of the Code) of such group.