Common use of Procedure for transfer Clause in Contracts

Procedure for transfer. 18.5.1 Subject to the conditions set out in Clause 18.2 a transfer is effected in accordance with Clause 18.5.3 when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to Clause 18.5.2, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender and the New Lender once it is satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations in relation to the transfer to such New Lender.

Appears in 9 contracts

Sources: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Procedure for transfer. 18.5.1 Subject to the conditions set out in Clause 18.2 18.2, a transfer is effected in accordance with Clause 18.5.3 when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to Clause 18.5.2, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender and the New Lender once it is satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations in relation to the transfer to such New Lender.

Appears in 5 contracts

Sources: Revolving Loan Facility Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Procedure for transfer. 18.5.1 24.4.1 Subject to the conditions set out in Clause 18.2 24.2 a transfer Transfer is effected in accordance with Clause 18.5.3 24.4.3 when the Facility Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Facility Agent shall, subject to Clause 18.5.224.4.2, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 24.4.2 The Facility Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender and the New Lender once it is satisfied it has complied with all necessary know your customer” customer or other similar checks under all applicable laws and regulations that apply to it (if any) in relation to the transfer to such New Lender.

Appears in 2 contracts

Sources: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

Procedure for transfer. 18.5.1 20.5.1 Subject to the conditions set out in Clause 18.2 20.2 a transfer is effected in accordance with Clause 18.5.3 20.5.3 when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to Clause 18.5.220.5.2, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 20.5.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender and the New Lender once it is satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations in relation to the transfer to such New Lender.

Appears in 1 contract

Sources: Secured Loan Facility Agreement (NCL CORP Ltd.)

Procedure for transfer. 18.5.1 Subject to the conditions set out in Clause 18.2 a transfer is effected in accordance with Clause 18.5.3 18.1.14 when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to Clause 18.5.2, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender and the New Lender once it is satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations in relation to the transfer to such New Lender.

Appears in 1 contract

Sources: Loan Agreement (NCL CORP Ltd.)

Procedure for transfer. 18.5.1 22.4.1 Subject to the conditions set out in Clause 18.2 Clauses 22.1 and 22.2 a transfer is effected in accordance with Clause 18.5.3 sub-clause 22.4.3 below when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender Bank and the New LenderBank. The Agent shall, subject to Clause 18.5.2paragraph (b) below, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 22.4.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender Bank and the New Lender Bank once it is satisfied it has complied with all necessary "know your customer" or other similar checks under all applicable laws Laws and regulations in relation to the transfer to such New LenderBank.

Appears in 1 contract

Sources: Credit Agreement (Western Goldfields Inc)

Procedure for transfer. 18.5.1 19.4.1 Subject to the conditions set out in Clause 18.2 Clauses 19.1 and 19.2 a transfer is effected in accordance with Clause 18.5.3 sub-clause 19.4.3 below when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender Bank and the New LenderBank. The Agent shall, subject to Clause 18.5.2paragraph (b) below, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 19.4.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender Bank and the New Lender Bank once it is satisfied it has complied with all necessary "know your customer" or other similar checks under all applicable laws Laws and regulations in relation to the transfer to such New LenderBank.

Appears in 1 contract

Sources: Credit Agreement (New Gold Inc. /FI)

Procedure for transfer. 18.5.1 20.5.1 Subject to the conditions set out in Clause 18.2 20.2 a transfer is effected in accordance with Clause 18.5.3 20.5.3 when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to Clause 18.5.220.5.2, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate. 18.5.2 20.5.2 The Agent shall only be obliged to execute a Transfer Certificate delivered to it by the Existing Lender and the New Lender once it is satisfied it has complied with all necessary "know your customer" or other similar checks under all applicable laws and regulations in relation to the transfer to such New Lender.

Appears in 1 contract

Sources: Secured Loan Facility Agreement (NCL CORP Ltd.)