Obligor Accession Letter definition
Examples of Obligor Accession Letter in a sentence
Terms defined in the Agreement have the same meaning in this Obligor Accession Letter unless given a different meaning in this Obligor Accession Letter.
Each of the Parties appoints the Security Agent to receive on its behalf each Obligor Accession Letter, Transfer Certificate, Lender Accession Memorandum and/or Agent Accession Letter delivered to the Security Agent and to accept the same.
A legal opinion of the legal advisers to the Lender in England and in the place of incorporation of such New Obligor in respect of the Obligor Accession Letter and the Finance Documents.
A copy of any other Authorisation or other documents, opinion or assurance relating to such New Obligor which the Lender considers to be necessary (acting reasonably, and if it has notified the New Obligor accordingly) in connection with the entry into and performance of the Obligor Accession Letter or for the validity and enforceability of its obligations under the Obligor Accession Letter.
Delivery of an Obligor Accession Letter constitutes confirmation by the relevant subsidiary that the representations and warranties set out in Clause 20 (Representations) are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.
Two copies of an Obligor Accession Letter duly executed by such New Obligor and the Borrower.
This Obligor Accession Letter is governed by English law [insert appropriate additional language if Additional [Borrower/Guarantor] is incorporated outside of England and Wales].
An Obligor Accession Letter executed by the Additional Obligor and the Original Guarantor.
An Obligor Accession Letter, duly executed by the Additional Obligor and the Company.
Delivery of an Obligor Accession Letter constitutes confirmation by the relevant Subsidiary that the Repeated Representations are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.