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Treasury & Trust Services
Facility Agency
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SBC Trust, when appointed as the Facility Agent for and in behalf of the Borrower/Issuer
(“Company”) and a syndicate of Lenders/Noteholders, generally acts as liaison between
the Company and the Lenders/Noteholders prior to and upon release of the loan/Notes
and continues to act as such during the term to the term loan/Notes facility. The
Facility Agent is appointed as such to centralize the monitoring and the administration
of Notes Facility, ensuring that payments due under the Notes are settled promptly,
reports are submitted as stipulated in the Agreement and to a certain extent, ensures
that terms and conditions of the Agreement are faithfully complied with by all parties.
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