Examples of Acceding Bank in a sentence
All communications and notices hereunder to the Acceding Bank shall be given to it at the address set forth under its signature hereto, which information, together with the amount of the Acceding Bank’s Commitment, supplements Schedule 1 to the Credit Agreement.
The Acceding Bank, as of the Effective Date, hereby accedes to the Credit Agreement and shall thereafter have the rights and obligations of a Bank thereunder with the same force and effect as if originally named therein as a Bank.
The following terms shall have the meanings set forth in this Section 1 or elsewhere in the provisions of this Credit Agreement referred to below: Acceding Bank.
C The Acceding Bank wishes to become party to the Facility Agreement as a Bank pursuant to the procedure established in clause 29.5 of the Facility Agreement by the execution of this Certificate.
SIGNATURES Acceding Bank: [ ] Borrower: SATURN COMMUNICATIONS LIMITED for itself and as agent for and on behalf of the Guarantors By: Agent: TORONTO DOMINION AUSTRALIA LIMITED for itself and as Agent and on behalf of the Banks.
The Acceding Bank acknowledges that it has received a complete and current copy of each Transaction Document together with such other documents and information as it has required in connection therewith.
Without limiting clause 5 of this Certificate, the Acceding Bank agrees that the provisions of clause 24.13 of the Facility Agreement binds it as if the reference therein to this "Agreement" included this Certificate and (subject to any agreement to the contrary between the Existing Banks and Acceding Bank) the reference therein to the "Agent" included the Existing Banks.
The Acceding Bank undertakes to the Existing Banks, the Agent and the Borrower that it shall assume the New Obligations on and from the Accession Date.
If any assignee Bank or Acceding Bank is not incorporated under the laws of the United States of America or any state thereof, it shall, prior to the date on which any interest or fees are payable hereunder or under any of the other Loan Documents for its account, deliver to the Borrower and the Administrative Agent certification as to its exemption from deduction or withholding of any United States federal income taxes.
If any assignee Bank or Acceding Bank is not incorporated under the laws of the United States of America or any state thereof, it shall, prior to the date on which any interest or fees are payable hereunder or under any of the other Loan Documents for its account, deliver to the Borrower and the Agent certification in form and substance reasonably satisfactory to the Borrower as to its full exemption from deduction or withholding of any United States federal income taxes.