Common use of Hedging Banks Clause in Contracts

Hedging Banks. (a) A Lender (or an Affiliate of a Lender) which becomes a Hedging Bank shall accede to this Agreement and to the Intercreditor Agreement by delivery to the Security Agent of a duly completed and signed accession deed in the form required under the Intercreditor Agreement and by the Security Agent executing that accession deed.

Hedging Banks. (a) A Lender (or an Affiliate of a Lender) which becomes a Hedging Bank shall accede to this Agreement and to the Intercreditor Agreement Security Trust and Agency Deed by delivery to the Security Agent of a duly completed and signed accession deed in the form required under the Intercreditor Agreement Security Trust and Agency Deed and by the Security Agent executing that accession deed.