Substitution Certificate definition

Substitution Certificate means a certificate substantially in the form of Schedule 5 (or in such other form as the Agent shall approve or require);

Substitution Certificate means a certificate substantially in the terms of schedule 5;

Substitution Certificate means a document substantially in the form set out in Schedule 4.

Examples of Substitution Certificate in a sentence

• Terms defined in the Agreement shall have the same meaning in this Substitution Certificate.

• Any such novation shall be effected upon not less than 5 Banking Days' prior notice by delivery to the Agent of a duly completed Substitution Certificate duly executed by the Existing Bank and the Substitute.

• The Borrower and each of the Banks irrevocably authorise the Agent to countersign each Substitution Certificate on its behalf without any further consent of, or consultation with, the Borrower or such Bank (as the case may be).

• Schedule 4 Form of Substitution Certificate [Note: Lenders are advised not to employ Substitution Certificates or otherwise to assign, novate or transfer interests in the Agreement without first ensuring that the transaction complies with all applicable laws and regulations in all applicable jurisdictions.] To: [insert name] on its own behalf, as agent for the Creditors party to (and as defined in) the Facility Agreement mentioned below and on behalf of Danaos Corporation.

• Each Bank shall lend through its office at the address specified in schedule 1 or, as the case may be, in or pursuant to any relevant Substitution Certificate or through any other office of such Bank selected from time to time by such Bank through which such Bank wishes to lend for the purposes of this Agreement.

More Definitions of Substitution Certificate

Substitution Certificate means a certificate substantially in the form of Schedule 4 (or in such other form as the Facility Agent shall approve or require) SWIFT message means a message sent through the secure financial messaging system established by the Society for Worldwide Interbank Financial Telecommunication

Substitution Certificate means a duly completed certificate substantially in the form of Part I of Schedule 6.

Substitution Certificate means a substitution certificate entered into by a Lender and a transferee (with the consent of any party whose consent is required by Section 10.4), and accepted by the Australian Administrative Agent, in substantially the form of Exhibit D or any other form approved by the Australian Administrative Agent.

Substitution Certificate means a certificate substantially in the terms of schedule 5 (Form of Substitution Certificate);

Substitution Certificate means a certificate substantially in the form of Schedule 5 completed and entered into in accordance with clause 25.4, and a reference to “substitutes” will be construed as references to a person becoming party to this agreement under any Substitution Certificate.

Substitution Certificate means a certificate substantially in the form of Schedule 6 completed and entered into in accordance with clause 29.4, and references to "substitutes" shall be construed as references to persons becoming party to this Agreement pursuant to Substitution Certificates.

Substitution Certificate means a certificate in the form of annexure B which is executed pursuant to clause 18;