Term Lenders. Subject to the terms and conditions set forth herein and in the Credit Agreement, each Exchanging Term Lender (by executing a Lender Consent) irrevocably (A) agrees to the terms of this Second Amendment and the Amended Credit Agreement, (B) if so elected in its Lender Consent, agrees to exchange (as set forth on its Lender Consent) the Allocated Amount of its Existing Tranche B-1 Term Loans with the Second Amendment Tranche B-1 Term Loans in an equal principal amount, (C) if so elected in its Lender Consent, agrees to exchange (as set forth on its Lender Consent) the Allocated Amount of its Existing Tranche B-2 Term Loans with Second Amendment Tranche B-2 Term Loans in an equal principal amount and (D) upon the Second Amendment Effective Date, shall exchange (as set forth on its Lender Consent) the Allocated Amount of its Existing Tranche B-1 Term Loans and/or Existing Tranche B-2 Term Loans with the Second Amendment Tranche B-1 Terms Loans and/or Second Amendment Tranche B-2 Term Loans, as applicable, in an equal principal amount and (ii) each Additional Term Lender irrevocably (A) agrees to the terms of this Second Amendment and the Amended Credit Agreement, (B) commits to make Additional Term Loans in the amount notified to such Additional Term Lender by the Administrative Agent (but in no event greater than the amount such Additional Term Lender committed to make as Additional Term Loans) and (C) upon the Second Amendment Effective Date, shall refinance in full all Existing Term Loans, other than Exchanged Term Loans, with such Additional Terms Loans. Each Additional Term Lender further acknowledges and agrees that, as of the Second Amendment Effective Date, it shall be a “Lender” and a “Term Lender” under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder. For purposes of this Second Amendment, “exchange” shall mean convert and continue. For the avoidance of doubt, notwithstanding anything herein to the contrary, it is acknowledged and agreed that (i) the Existing Tranche B-1 Term Loans of the Exchanging Term Lenders will be converted into and continued as Second Amendment Tranche B-1 Term Loans and such Exchanged Tranche B-1 Term Loans shall be on the same terms (other than to the extent expressly provided in this Second Amendment) under the Loan Documents as such Existing ...
Term Lenders. ¨ The undersigned Term Lender hereby irrevocably and unconditionally approves of and consents to the Amendment. x The undersigned Term Lender hereby irrevocably and unconditionally approves of and consents to the Amendment and consents to convert 100% of the outstanding principal amount of the Term Loans held by such Lender into a 2013 Term Loan in a like principal amount.
Term Lenders. FMC agrees to repay the principal of the Term Loan to the Agent, for the account of the Lenders as set forth in Section 1.3.
Term Lenders. Each Cashless Option Term Lender and each Additional Term Lender hereby agrees, after the effectiveness of this Amendment and on the terms and conditions set forth herein, to make or exchange, as applicable, its Domestic Term Loan and/or UK Term Loan under the Credit Agreement in accordance with §3.1 of the Third Amended and Restated Credit Agreement. Subject to and upon the terms and conditions set forth herein, each applicable Additional Term Lender agrees to make, after the effectiveness of this Amendment, (i) a Term Loan to the Domestic Borrowers (which shall replace the Domestic Term Loans existing prior to such date and be considered Tranche B Domestic Term Loans for all purposes hereunder), in an amount indicated on the Commitment Schedule minus the aggregate amount of Exchanged Domestic Term Loans (or such lesser amount as the Administrative Agent may allocate) and (ii) a Term Loan to the UK Borrower (which shall replace the UK Term Loans existing prior to such date and be considered Tranche B UK Term Loans for all purposes hereunder), in an amount indicated on the Commitment Schedule minus the aggregate amount of Exchanged UK Term Loans (or such lesser amount as the Administrative Agent may allocate). Each such party shall, effective on the Restatement Effective Date, automatically become a party to the Third Amended and Restated Credit Agreement as a Term Lender. Each Tranche B Term Lender and each Additional Term Lender hereby consents to such Lender’s applicable Commitment Percentage as set forth on Schedule II of the Third Amended and Restated Credit Agreement (the “Commitment Schedule”).
Term Lenders. Each Lender having a Term Commitment or making a Term Loan to Borrower pursuant to this Agreement, together with their successors and permitted assigns.
Term Lenders. Each Term Lender shall confirm its agreement to increase make an Accordion Term Loan pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrowers and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.
Term Lenders. Each Cashless Option Lender and Barclays Bank PLC hereby agrees, on the Restatement Effective Date and on the terms and conditions set forth herein and in the Restated Credit Agreement, to make or roll over, as applicable, its Term Loan under the Credit Agreement in accordance with Section 2.01(b) of the Restated Credit Agreement. Such parties shall, effective on the Restatement Effective Date, automatically become a party to the Restated Credit Agreement as a “Term Lender”. Each Term Lender under the Credit Agreement that signs a Consent agrees that to the extent its Term Loans under the Credit Agreement are being repaid on the Restatement Effective Date it waives any amounts it may be entitled to under Section 5.03 of the Credit Agreement in connection with such repayment.
Term Lenders. ☑ CONSENT TO AMENDMENT: By checking this box, the undersigned Term Lender hereby consents to the Agreement.
Term Lenders. If you are a 2016 Term Lender under the Prepetition Credit Agreement, you are hereby offered the opportunity to partici- xxxx in the Initial Term Loan under the DIP Credit Agreement on a pro rata basis based on the aggregate outstanding prin- cipal amount of the Prepetition 2016 Term Loan you hold. If you choose to participate, subject to bankruptcy court approval, the aggregate outstanding principal amount of the Prep- etition 2016 Term Loan you hold will be rolled up into the Term Loan under the DIP Credit Agreement. If you (A) hereby commit to your pro rata share of the Initial Term Loan, (B) elect to roll up your portion of the Prepeti- tion 2016 Term Loan and (C) consent to, and direct the Co-Collateral Agent to consent to, the priming of the Liens xxxxx- xx under the Loan Documents (as defined in the Prepetition Credit Agreement) by the Liens on Prepetition ABL Collat- eral granted under the Loan Documents (to the extent set forth in the Loan Documents and the Financing Orders), please
Term Lenders thereof. Not later than 1:00 p.m., New York City time, on the Restatement Effective Date, each Term Lender (other than the Incremental Tranche B-3 Term Lenders) shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans (other than Tranche B-3 Term Loans) to be made by such Lender.
