Common use of New Borrower Clause in Contracts

New Borrower. (a) If the Company wishes Adecco CC to become a Borrower, then it may deliver to the Agent the relevant documents and evidence listed in Part II of Schedule 2 (Adecco CC Conditions Precedent Documents). (b) Adecco CC will become a Borrower when the Agent notifies the other Finance Parties and the Company that it has received all of the documents and evidence referred to in paragraph (a) above in form and substance satisfactory to it. The Agent must give this notification as soon as reasonably practicable. (c) Delivery of an Accession Agreement, executed by Adecco CC and the Company, to the Agent constitutes confirmation by Adecco CC and the Company that the Repeating Representations with respect to the Company, and the representations in Clauses 18.2 to 18.15 and 18.17 to 18.19 with respect to Adecco CC, are then correct and such representations will be deemed to be made again on the date on which Adecco CC becomes a Borrower under this Agreement.