Joint Activities. The Lenders carry on jointly the activity of supplying services to the Borrower. Those services consist of making available the Facilities in accordance with the terms of the Finance Documents (the "Services"). The Borrower acknowledges that: (a) it has, in its sole discretion, requested that the Lenders supply the Services on a joint basis; and (b) the Lenders are not in competition for the provision of those Services to the Borrower.
Appears in 2 contracts
Sources: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp)
Joint Activities. The Lenders carry on jointly the activity of supplying services to the Borrower. Those services consist of making available the Facilities Facility in accordance with the terms of the Finance Documents (the "Services"). The Borrower acknowledges that:
(a) it has, in its sole discretion, requested that the Lenders supply the Services on a joint basis; and
(b) the Lenders are not in competition for the provision of those Services to the Borrower.
Appears in 2 contracts
Sources: Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp)