Additional Guarantor. (A) Subject to compliance with the provisions of paragraphs (C) and (D) of clause 15.8 (“Know your customer” and “customer due diligence” requirements), the Borrower may request that any member of the Group becomes an Additional Guarantor. That Group member shall become an Additional Guarantor if: (i) the Company delivers to the Facility Agent an Accession Letter duly completed and executed by that Additional Guarantor and the Company; and (ii) the Facility Agent has received all of the documents and other evidence listed in Part II of Schedule 2 (Conditions Precedent) in relation to that Additional Guarantor, each in form and substance satisfactory to the Facility Agent. (B) The Facility Agent shall notify the Company and the Lenders promptly upon being satisfied (acting reasonably) that it has received (in form and substance satisfactory to it) all the documents and other evidence listed in Part II of Schedule 2 (Conditions Precedent).
Appears in 2 contracts
Sources: Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)
Additional Guarantor. (A) Subject to compliance with the provisions of paragraphs (C) and (D) of clause 15.8 24.12 (“Know your customer” and “customer due diligence” requirements), the Borrower may request that any member of the Group its subsidiaries becomes an Additional Guarantor. That Group member subsidiary shall become an Additional Guarantor if:
(i) the Company Kosmos delivers to the Facility Agent an Accession Letter duly completed and executed by that Additional Guarantor and the CompanyKosmos; and
(ii) the Facility Agent has have received all of the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent) in relation to that Additional Guarantor, each in form and substance satisfactory to the Facility Agent.
(B) The Facility Agent shall notify the Company Kosmos and the Lenders promptly upon being satisfied (acting reasonably) that it has received (in form and substance satisfactory to it) all the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent).
Appears in 2 contracts
Sources: Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)
Additional Guarantor. (A) Subject to compliance with the provisions of paragraphs (C) and (D) of clause 15.8 24.12 (“"Know your customer” " and “"customer due diligence” " requirements), the a Borrower may request that any member of the Group its subsidiaries becomes an Additional Guarantor. That Group member subsidiary shall become an Additional Guarantor if:
(i) the Company relevant Borrower delivers to the Facility Agent an Accession Letter duly completed and executed by that Additional Guarantor and the Companyrelevant Borrower; and
(ii) the Facility Agent has received all of the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent) in relation to that Additional Guarantor, each in form and substance satisfactory to the Facility Agent.
(B) The Facility Agent shall notify the Company Original Borrower and the Lenders promptly upon being satisfied (acting reasonably) that it has received (in form and substance satisfactory to it) all the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent).
Appears in 1 contract
Sources: Loan Agreement (Kosmos Energy Ltd.)
Additional Guarantor. (A) Subject to compliance with the provisions of paragraphs (C) and (D) of clause 15.8 24.12 (“Know your customer” and “customer due diligence” requirements), the a Borrower may request that any member of the Group its subsidiaries becomes an Additional Guarantor. That Group member subsidiary shall become an Additional Guarantor if:
(i) the Company relevant Borrower delivers to the Facility Agent an Accession Letter duly completed and executed by that Additional Guarantor and the Companyrelevant Borrower; and
(ii) the Facility Agent has received all of the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent) in relation to that Additional Guarantor, each in form and substance satisfactory to the Facility Agent.
(B) The Facility Agent shall notify the Company Original Borrower and the Lenders promptly upon being satisfied (acting reasonably) that it has received (in form and substance satisfactory to it) all the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent).
Appears in 1 contract
Sources: Deed of Amendment and Restatement (Kosmos Energy Ltd.)
Additional Guarantor. (AF) Subject to compliance with the provisions of paragraphs (C) and (D) of clause 15.8 24.12 (“"Know your customer” " and “"customer due diligence” " requirements), the a Borrower may request that any member of the Group its subsidiaries becomes an Additional Guarantor. That Group member subsidiary shall become an Additional Guarantor if:
(i) the Company relevant Borrower delivers to the Facility Agent an Accession Letter duly completed and executed by that Additional Guarantor and the Companyrelevant Borrower; and
(ii) the Facility Agent has received all of the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent) in relation to that Additional Guarantor, each in form and substance satisfactory to the Facility Agent.
(BG) The Facility Agent shall notify the Company Original Borrower and the Lenders promptly upon being satisfied (acting reasonably) that it has received (in form and substance satisfactory to it) all the documents and other evidence listed in Part II of Schedule 2 3 (Conditions Precedent).
Appears in 1 contract
Sources: Loan Agreement (Kosmos Energy Ltd.)