Additional Obligors. Amend the Credit Agreement to provide that any Affiliate of UPC Broadband may accede to the Credit Agreement as a Guarantor in accordance with Clause 29.8 (Additional Obligors) (provided that Security has been granted (in form and substance satisfactory, to the Facility Agent (acting reasonably)) in favour of the Security Agent over 100% of such Affiliate’s shares and all of the rights in relation to loans from any member of the Wider Group (other than such Affiliate and its Subsidiaries or any member of the Borrower Group) to such Affiliate and its Subsidiaries) and that such Affiliate shall be a member of the Borrower Group.
Appears in 4 contracts
Sources: Additional Facility Aq Accession Agreement (Sunrise Communications AG), Additional Facility Agreement (Sunrise Communications AG), Additional Facility Aq Accession Agreement (Sunrise Communications AG)