Common use of Agent Consent Clause in Contracts

Agent Consent. The Agent, a holder of a security interest in the shares of the Borrower pursuant to the Share Charges hereby grants its consent to the Merger Agreement and agrees to take all such action necessary to release the Share Charges prior to the effectiveness of the Merger Agreement. For the avoidance of doubt, the consent granted by the Agent pursuant to this paragraph E shall satisfy any requirement under section 233(8) of the Companies Act (2023 Revision) of the Cayman Islands in relation to the requirement for consent of each holder of a security interest of a constituent company in a proposed merger or consolidation.