Joining Lenders Sample Clauses
The Joining Lenders clause defines the process by which new lenders can become parties to an existing loan agreement. Typically, this clause outlines the conditions and procedures for admitting additional lenders, such as obtaining consent from existing parties and executing necessary documentation. Its core practical function is to provide a clear and orderly mechanism for expanding the lender group, thereby facilitating syndication or increasing available credit while maintaining the integrity of the original agreement.
Joining Lenders. By its execution of this Amendment, PNC Bank, National Association (“PNC”) hereby confirms and agrees that, on and after the date hereof, it shall be and become a party to the Credit Agreement as a Lender and UK Lender, and shall have all of the rights and be obligated to perform all of the obligations of a Lender and UK Lender thereunder with the Revolver Commitment applicable to it identified on Exhibit A attached hereto. PNC further (i) represents and warrants that it is has full power and authority, and has taken all action necessary, to execute and deliver this Amendment and to consummate the transactions contemplated hereby and to become a Lender and UK Lender under the Credit Agreement; (ii) confirms that it has received copies of the Credit Agreement and such other Loan Documents, documents, and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment; (iii) agrees that it shall, independently and without reliance upon Agent, any other agent, or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents; (iv) appoints and authorizes (A) Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to Agent by the terms thereof, together with such powers as are incidental thereto, and (B) UK Security Agent as security agent and trustee on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to UK Security Agent by the terms thereof, together with such powers as are incidental thereto; (v) confirms that it is a Treaty Lender; (vi) confirms that the person beneficially entitled to interest payable to PNC in respect of an advance under a Loan Document is either (A) a company resident in the United Kingdom for United Kingdom tax purposes; or (B) a partnership each member of which is (1) a company so resident in the United Kingdom; or (2) a company not so resident in the United Kingdom which carries on a trade in the United Kingdom through a permanent establishment and which brings into account in computing its chargeable profits (within the meaning of section 19 of the CTA) the whole of any share of interest payable in respect of that advance that falls to it by reason of Part 17 of the CTA; or (C) a company not ...
Joining Lenders. SECTION 3.1. The Joining Lender is hereby joined to the Loan Agreement and all related Transaction Documents, in each case, as a “Lender”.
Joining Lenders. SECTION 5.1. From and after the date hereof, and by each of their signatures hereto, each of Sampension Livsforsikring A/S, Arkitekternes Pensionskasse, Pensionskassen for Jordbrugsakademikere og Dyrlæger and TIAA, FSB shall be Lenders under the Loan and Servicing Agreement in accordance with the terms thereof.
Joining Lenders. BANK OF THE WEST, as a Joining Lender
Joining Lenders. COMERICA BANK, as a Joining Lender By: /s/ J▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: J▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: First Vice President Bank of America, N.A. $ 81,000,000.00 16.200000000% JPMorgan Chase Bank, N.A. 53,000,000.00 10.600000000% Wachovia Bank, National Association 53,000,000.00 10.600000000% SunTrust Bank 53,000,000.00 10.600000000% Toyota Motor Credit Corporation 50,000,000.00 10.000000000% W▇▇▇▇ Fargo Bank, N.A. 30,000,000.00 6.000000000% Scotiabanc, Inc. 30,000,000.00 6.000000000% Credit Suisse, Cayman Island Branch 30,000,000.00 6.0▇▇▇▇▇▇▇▇% Royal Bank of Canada 30,000,000.00 6.0▇▇▇▇▇▇▇▇% U.S. Bank National Association 30,000,000.00 6.000000000% Fifth Third Bank 30,000,000.00 6.000000000% Comerica Bank 30,000,000.00 6.000000000% For the Quarter/Year ended ___________________(“Statement Date”)
Joining Lenders. BANK OF THE WEST, as a Joining Lender By: /s/ M▇▇▇▇▇▇ ▇▇▇ Name: M▇▇▇▇▇▇ ▇▇▇ Title: Senior Vice President BARCLAYS BANK PLC, as a Joining Lender By: /s/ N▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: N▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Director
Joining Lenders. ADMINISTRATIVE
Joining Lenders. COMERICA BANK, as a Joining Lender
Joining Lenders
Joining Lenders