Examples of Increasing Tranche in a sentence
The Borrowers agree to pay a commitment increase closing fee to the Agent, in an amount equal to 0.30% of the aggregate increase in the total Commitments pursuant to this Amendment and the Modified Credit Agreement, to be allocated among the Increasing Revolving Lenders, the Increasing Tranche B Lenders and the Tranche C Lenders based on the aggregate increase in each such Lender’s total Commitments.
The Administrative Agent shall have received from each Obligor a duly executed and delivered counterpart to a keepwell agreement containing usual and customary terms and otherwise satisfactory to the Administrative Agent, the New Tranche A Incremental Facility Revolving Credit Lenders and the Increasing Tranche A Incremental Facility Revolving Credit Lender.
The making of a Supplemental Tranche G Term Loan by any Increasing Tranche G Lender shall conclusively be deemed to constitute an acknowledgement by the Administrative Agent and such Increasing Tranche G Lender that each of the conditions precedent set forth in this Section 4 shall have been satisfied in accordance with its respective terms or shall have been irrevocably waived by such Person.
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Increasing Tranche G Lender By: /s/ Xxxxxx X.
All such additional Tranche A Commitments shall constitute “Tranche A Commitments” and all Increasing Tranche A Lenders shall constitute “Lenders”, in each case for all purposes of the Credit Agreement and the other Loan Documents.
The obligations of the Increasing Tranche A Term Lenders, the Additional Tranche A Term Lenders and the Incremental Lenders and the refinancing undertakings of the Exchanging Tranche A Term Lenders are several and not joint.
The Administrative Agent shall have received duly executed and delivered counterparts of this Incremental Facility Agreement from (i) each Obligor, (ii) each New Tranche A Incremental Facility Revolving Credit Lender, (iii) the Increasing Tranche A Incremental Facility Revolving Credit Lender and (iv) the Issuing Lender.
The Administrative Agent shall have received this Increase Supplement executed and delivered by a duly authorized officer of the Borrower, each other Loan Party, Holdings and each Increasing Tranche G Lender.
The Administrative Agent shall have received, at least 5 days prior to the Third Increase Supplement Effective Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, as has been reasonably requested in writing at least 10 days prior to the Third Increase Supplement Effective Date by the Administrative Agent or the Increasing Tranche G Lender.
The Administrative Agent shall have received this Increase Supplement executed and delivered by a duly authorized officer of the Borrower, each other Loan Party, Holdings and the Increasing Tranche G Lender.