Common use of Copy to the Borrower Clause in Contracts

Copy to the Borrower. Each of the Transferor and Transferee hereby authorizes the Agent to provide a signed copy of this loan transfer agreement (without the attached Appendices) to Courtice (to be received by Courtice for itself, MRM and the Guarantors) in acceptance of the offer contained in the Loan Agreement of the Borrowers and the Guarantors to the Transferee to become a party to the Loan Agreement in respect of the Transferred Commitment. Upon receipt thereof by Courtice, the provisions of Section 16.5.4 of the Loan Agreement in respect of the Transferred Commitment shall become effective and be binding upon all parties to the Loan Agreement.

Copy to the Borrower. Each of the Transferor and Transferee hereby authorizes the Agent to provide a signed copy of this loan transfer agreement (without the attached Appendices) to Courtice (to be received by Courtice for itself, MRM each of the other Borrowers and the Guarantors) in acceptance of the offer contained in the Loan Agreement of the Borrowers and the Guarantors to the Transferee to become a party to the Loan Agreement in respect of the Transferred Commitment. Upon receipt thereof by Courtice, the provisions of Section 16.5.4 14.5.4 of the Loan Agreement in respect of the Transferred Commitment shall become effective and be binding upon all parties to the Loan Agreement.