Works Council. The Administrative Agent shall have received from the Dutch Guarantor a confirmation by an authorized signatory of the Dutch Guarantor that there is no works council with jurisdiction over the transactions as envisaged by any Loan Document to which it is a party and that there is no obligation for the Dutch Guarantor to establish a works council pursuant to the Works Council Act (Wet op de Ondernemingsraden).
Appears in 3 contracts
Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP), Security Agreement
Works Council. The Administrative Agent shall have received from the Dutch Guarantor a confirmation by an authorized signatory of the Dutch Guarantor that there is no works council with jurisdiction over the transactions as envisaged by any Loan Document to which it is a party and that there is no obligation for the Dutch Guarantor to establish a works council pursuant to the Works Council Act (Wet op de Ondernemingsraden).Works
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