BORROWER CONDITIONS PRECEDENT Sample Clauses

BORROWER CONDITIONS PRECEDENT. A company, in respect of which the Relevant Obligor has delivered a Borrower Accession Memorandum to the Agent, shall become an Additional Borrower and assume all the rights, benefits and obligations of a Borrower as if it had been an Original Borrower on the date on which the Agent notifies the Relevant Obligor that the Agent has received, in form and substance satisfactory to it, all documents and other evidence listed in Part A (Accession Conditions Precedent) of Schedule 10 (Additional Conditions Precedent) in relation to such member of the Target Group or, as the case may be, the UK Group, unless on such date an Event of Default or Potential Event of Default is continuing or would occur as a result of such member of -130- 134 the Target Group or, as the case may be, the UK Group becoming an Additional Borrower.
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BORROWER CONDITIONS PRECEDENT. A company, in respect of which the Relevant Obligor has delivered a Borrower Accession Memorandum to the Agent, shall become an Additional Borrower under the Revolving Facility and assume all the rights, benefits and obligations of a Borrower as if it had originally been a Borrower under the Revolving Facility on the date on which the Agent notifies the Relevant Obligor that the Agent has received, in form and substance satisfactory to it, all documents and other evidence listed in Part A (Accession Conditions Precedent) of Schedule 10 (Additional Conditions Precedent) in relation to such member of the Target Group or, as the case may be, the UK Group, unless on such date an Event of Default or Potential Event of Default is continuing or would occur as a result of such member of the Target Group or, as the case may be, the UK Group becoming an Additional Borrower.
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BORROWER CONDITIONS PRECEDENT. A subsidiary, in respect of which the Obligors' Agent has delivered a Borrower Accession Memorandum to the Facility Agent, shall become an Additional Borrower and assume all the rights, benefits and obligations of a Borrower as if it had been an Original Borrower on the Business Day following the date on which the Facility Agent notifies the Obligors' Agent (copied to each of the Banks) that:
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BORROWER CONDITIONS PRECEDENT. A company, in respect of which the Guarantor has delivered a Borrower Accession Memorandum in respect of the relevant Facility to the Agent (a "Proposed Additional Borrower"), shall become an Additional Borrower under such relevant Facility and assume all the rights, benefits and obligations of a Borrower as if it had been an Original Borrower on the date on which the Agent notifies the Guarantor that:
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BORROWER CONDITIONS PRECEDENT. A company, in respect of which the Parent has delivered a Borrower Accession Memorandum to the Agent, shall become an Additional Borrower and assume all the rights, benefits and obligations of a Borrower as if it had been an Original Borrower on the date on which the Agent notifies the Parent that:
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BORROWER CONDITIONS PRECEDENT. A company, in respect of which the Company has delivered an Accession Memorandum to the Agent, shall become a Borrower and assume all the rights, benefits and obligations of a Borrower on the date on which the Agent notifies the Company that (i) the Instructing Group has approved such company as a Borrower (such approval not to be unreasonably withheld or delayed) and (ii) the Agent has received, in form and substance satisfactory to it, all documents and other evidence listed in Schedule 4 (Additional Conditions Precedent), provided that on such date no Default is continuing or would occur as a result of such subsidiary becoming a Borrower and the relevant subsidiary is (or becomes) a Guarantor prior to becoming a Borrower.
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BORROWER CONDITIONS PRECEDENT. A company, in respect of which the Principal Borrower has delivered a Borrower Accession Memorandum to the Agent, shall become an Additional Borrower and assume all the rights, benefits and obligations of a Borrower as if it had been an Original Borrower on the date on which the Agent notifies the Principal Borrower that:
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Related to BORROWER CONDITIONS PRECEDENT

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Further conditions precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

  • Seller’s Conditions Precedent The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions:

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Conditions Precedent to Initial Borrowing The initial Borrowing under this Agreement is subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.

  • Initial Conditions Precedent The obligation of the Lenders to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

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