Truist definition
Examples of Truist in a sentence
The Borrower hereby requests a Loan in the amount of [$ ] to be made on [ , 20__] (of which $[ ] will be funded by the MUFG Group, $[ ] will be funded by the SMBC Group and, $[ ] will be funded by the RBC Group and $[ ] will be funded by the Truist Group).
Each of the parties hereto consents to the foregoing joinder of Truist in the capacity of a Committed Lender and as Group Agent for the Truist Group, and any otherwise applicable conditions precedent thereto under the Agreement and the other Transaction Documents (other than as set forth herein) are hereby waived.
Effective as of the date hereof, Truist shall be a Committed Lender party to the Agreement for all purposes thereof and of the other Transaction Documents and Truist assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Committed Lenders contained in the Agreement and the other Transaction Documents.
All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts at Truist.
From and after the date hereof, Truist shall be the Group Agent for its Group, assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Group Agents contained in the Agreement and the other Transaction Documents.