EWB definition
Examples of EWB in a sentence
Any successor to EWB by merger or acquisition of stock or this loan shall continue to be Agent hereunder without further act on the part of any Secured Party or Obligor.
As a Lender, EWB shall have the same rights and remedies under the Loan Documents as any other Lender, and the terms “Lenders,” “Required Lenders” or any similar term shall include EWB in its capacity as a Lender.
Each Borrower and each Subsidiary Guarantor must open and maintain at EWB Operating Accounts for in respect of the Facility Loan Collateral.
Each Borrower and each Subsidiary Guarantor will open and maintain at EWB the Operating Accounts under the terms and conditions set forth above together with any successor accounts and all subaccounts of any of the foregoing.
Each Secured Party appoints and designates EWB as Agent under all Loan Documents.
Each Lender, other than EWB, that is designated in connection with this credit facility as an “Arranger,” “Bookrunner” or “Agent” of any kind shall have no right or duty under any Loan Documents other than those applicable to all Lenders, and shall in no event have any fiduciary duty to any Secured Party.
Schedule VIII of the Security Agreement shows all Deposit Accounts maintained by Obligors at EWB, including Operating Accounts.
Each Borrower must maintain (and if requested by Agent, shall cause each Subsidiary Guarantor to maintain) all Facility Loan Collateral related operating and collections accounts with EWB.