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Third Party Consent Letter

Consent Letter

event of default; bank; third party consent; merger

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Document Description

A third-party consent letter for a merger is usually sent from companies to banks for the purposed of obtaining consent from banks and confirming that the merger does not constitute an event of default in the Loan Agreement signed between the bank and the company. This letter ensures that the bank acknowledges and consents to the terms of the merger, including any pertinent arrangements or agreements.

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