Accession To Facility Agreement
The provision of a borrower`s membership agreement, carried out by the subsidiary concerned and the company concerned, makes the subsidiary concerned an additional borrower. The administration official promptly informs each applicable lender of the addition of any additional borrower as a borrower under this agreement and, at the request of a lender, provides a copy of the borrower`s membership agreement. A borrower`s membership agreement, duly executed by the additional borrower and parent. . Except to the extent of the current borrower membership agreement or the guarantor membership treaty, each debtor is considered an entity for the purposes of U.S. federal income tax.