PMP. Each Lender which is a party to this Agreement on the date hereof represents and warrants on the date hereof to each Borrower organized under the laws of the Netherlands that (i) it is a PMP, (ii) it is aware that it does not benefit, with respect to the credit facility evidenced by this Agreement, from the protection offered by the Dutch Banking Act to Lenders which are not PMPs, and (iii) it has made its own independent appraisal of risks arising under or in connection with any Loan Documents.
Appears in 3 contracts
Sources: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)