This excerpt taken from the WPPGY 20-F filed Jun 28, 2006.
FORM OF ACCESSION NOTICE
[the Facility Agent]
We refer to an agreement (the Revolving Facility Agreement) dated [ ], 2005 and made
between (1) WPP Group plc, (2) WPP Finance Co. Limited, (3) WPP Group U.S. Finance Corp., (4) the Facility Agent and the Swingline Agent and (5) the Lenders named therein. Terms defined in the Revolving Facility Agreement
shall bear the same meaning herein.
We hereby give you notice that we wish [proposed additional Borrower]/[proposed additional Guarantor] of [address, fax number], a company incorporated in [* ] to become a
Borrower/Guarantor under the terms of the Revolving Facility Agreement.
We hereby confirm that [proposed additional Borrower is Holdco or a Subsidiary]/ [proposed additional Guarantor is Holdco or a Subsidiary].
As contemplated by the provisions of the Revolving Facility Agreement we, [proposed additional Borrower], shall accordingly become entitled to make Requests under the Revolving
Facility Agreement in accordance with the terms and conditions thereof and undertake with each Finance Party and the Company to be bound by the terms and conditions of the Revolving Facility Agreement insofar as such terms and conditions apply to an
We, [proposed additional Borrower/Guarantor], confirm that at [ ] the representations set out in paragraphs
[* ] of Clause 12.2 (After Signing) of the Revolving Facility Agreement would be true (to the extent that such representations can relate to any additional Borrower / additional Guarantor) if repeated by reference to ourselves instead of
the Company and each Borrower and we, as the Company, confirm that, at [ ] the representations set out in Clause 12.2 (After Signing) of the Revolving Facility Agreement
are true and no Event of Default or Potential Event of Default has occurred and is continuing.
The Obligors Agent (as agent for itself and for each of the Borrowers and the Guarantors) confirms that Clause 18 (Guarantee) of the Revolving Facility Agreement shall
apply to the obligations of the additional Borrower/Guarantor under the Revolving Facility Agreement.
We enclose in respect of [proposed additional Borrower/Guarantor] the Certificate set out in Schedule 4 (Certificate) of the Revolving Facility Agreement.
for and on behalf of
[additional Borrower]/[additional Guarantor]
for and on behalf of
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