Examples of Lender Accession Agreement in a sentence
The relevant financial institution or other entity will become an Additional Lender on the date specified in a Lender Accession Agreement which has been delivered to the Agent duly completed and executed by that financial institution or other entity and countersigned by Vodafone on behalf of itself and each other Obligor.
If the Lenders determine not to increase their Commitments in the amount of the requested increase, then in order to achieve the full amount of a requested increase, and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld), the Borrower may invite additional Eligible Assignees to become Lenders by executing a New Lender Accession Agreement (each such Eligible Assignee entering into a New Lender Accession Agreement, a “New Lender”).
Each TCN Entity, each Arranger, the Security Trustee and each Lender irrevocably authorises the Agent to counter-sign each Transfer Certificate and each Facility D Lender Accession Agreement on its behalf without any further consent of, or consultation with such TCN Entity, such Arranger, the Security Trustee or such Lender except in respect of the Transfer Certificate only, in the case of the Borrower, the consent required pursuant to clause 17.3.
This Facility D Lender Accession Agreement shall be governed by and construed in accordance with English law.
Such accession shall be effected by delivery to the Agent of a Facility D Lender Accession Agreement duly executed by the Acceding Facility D Lenders.
Execution of this Facility D Lender Accession Agreement by each Acceding Facility D Lender constitutes its representation to all the other parties to the Agreement that it has power to become party to the Agreement and the Intercreditor Deed as a Facility D Lender on the terms herein and therein set out and has taken all necessary steps to authorise execution and delivery of this Facility D Lender Accession Agreement.
Once the Agent has notified the Borrower and the Guarantor that the consent of each Lender has been obtained, or has been treated as obtained, the Additional Lender and the Guarantor may deliver to the Agent an Additional Lender Accession Agreement.
Annex I to New Lender Accession Agreement Incremental Loan Commitment Terms: New Lender’s Incremental Loan Commitment19 Loan Maturity Date _________, 20__ Applicable Interest Rate _______% Upfront Fees 19 Does not include additional purchases of Commitments and Loans that New Lender is required to make pursuant to Section 2.9(f) of the Loan Agreement.
The Additional Lender Accession Agreement will take effect on the date it specifies in accordance with its terms or, if later, upon its execution by the Agent.
Each TCN Entity, each Arranger, the Security Trustee and each Lender irrevocably authorises the Agent to counter-sign each Substitution Certificate and each Facility D Lender Accession Agreement on its behalf without any further consent of, or consultation with such TCN Entity, such Arranger, the Security Trustee or such Lender except in respect of the Substitution Certificate only, in the case of the Borrowers, the consent required pursuant to clause 18.3.