Accession Memorandum definition

Accession Memorandum means a memorandum of an Affiliate substantially in the form of Exhibit A hereto evidencing the Affiliate's agreement to be bound by the terms of this Agreement; provided that such a memorandum shall contain such changes or additional provisions as may be deemed necessary by mutual agreement of the Administrative Agent, the Affiliate and the Company.
Accession Memorandum means (a) with respect to the STID, each memorandum to be entered into pursuant to clause 2 (Accession), clause 4 (Accession of Additional Obligors) or clause 33 (Benefit of Deed) (as applicable) of the STID and which is substantially in the form set out in Schedule 1 (Form of Accession Memorandum) of the STID, (b) with respect to the Bond Trust Deed, a memorandum in substantially the form set out in Schedule 7 (Form of Accession Memorandum) to the Bond Trust Deed pursuant to which a Relevant Financial Guarantor accedes to the Bond Trust Deed, and (c) with respect to the Common Terms Agreement, each memorandum to be entered into pursuant to clause 1.5 (Obligors) of the Common Terms Agreement and which is substantially in the form set out in Schedule 12 (Form of Accession Memorandum) of the Common Terms Agreement.

Examples of Accession Memorandum in a sentence

  • Any person wishing to become a Finance Party shall, upon execution and delivery by such person or their duly authorised representative to the Borrower Security Trustee, of an Accession Memorandum, acceding to the STID and this Agreement (together with the supporting documentation referred to in that Accession Memorandum), be bound by the provisions of the STID and this Agreement as if the terms set out therein were incorporated in full into the arrangements made between that person and the Obligors.

  • The Borrower Secured Creditors hereby authorise the Borrower Security Trustee to execute each Accession Memorandum (without liability therefor) and agree to be bound by the terms of each such Accession Memorandum.

  • Notices of accessions Upon receipt by the Bond Trustee of a duly completed and executed Accession Memorandum in respect of a proposed Financial Guarantor, the Bond Trustee shall procure that the Issuer gives notice thereof to the existing Financial Guarantor(s), the Borrower Security Trustee and the Bondholders.

  • It is hereby agreed by the parties hereto that any such Accession Memorandum delivered pursuant to Clause 26.2 shall take effect upon delivery to the Bond Trustee.

  • Effectiveness of accession It is hereby agreed by the parties hereto that any such Accession Memorandum delivered pursuant to Clause 26.2 shall take effect upon delivery to the Bond Trustee.


More Definitions of Accession Memorandum

Accession Memorandum means a memorandum substantially in the form set out in Schedule 6 (Form of Accession Memorandum).
Accession Memorandum means a memorandum substantially in the form set out in Schedule 14 (Form of Borrower Accession Memorandum) or Schedule 20 (Form of Guarantor Accession Memorandum) as applicable.
Accession Memorandum means a memorandum of any Affiliate or a Special Purpose Borrower substantially in the form of Exhibit D hereto evidencing the agreement of the Affiliate or Special Purpose Borrower to be bound by the terms of this Agreement; provided that such a memorandum shall contain such changes or additional provisions as may be deemed necessary by mutual agreement of the Administrative Agent, Company, and the Affiliate or Special Purpose Borrower, as applicable, other than any changes to the interest rate applicable to any Loan, the Pricing Grid, any changes to or requests for additional financial covenants, any changes to or requests for collateral or other support for any Loan or any changes to the items described in Section 12.8(a).
Accession Memorandum means a memorandum in, or substantially in, the form set out in Schedule 4 (Form of Accession Memorandum);
Accession Memorandum means a memorandum in the form set out in the Ninth Schedule;
Accession Memorandum means a memorandum in, or substantially in, the form set out in Schedule 5; “Affiliate” has the meaning ascribed to it in Condition 4.13 (Certain Definitions);
Accession Memorandum means each memorandum to be entered into pursuant to: