Common use of Additional Commitment Lender Clause in Contracts

Additional Commitment Lender. BGI shall have the right to replace each Non-Extending Lender with, and add as “Lender” under this Credit Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in §15; provided that each of such Additional Commitment Lender shall enter into an Assignment and Assumption, in the form of Exhibit D, pursuant to which such Additional Commitment Lender shall, effective as of the Requested Extension Date, assume a Commitment (and, if any such Additional Commitment Lender is already a Lender, increase its Commitment in a corresponding amount hereunder on such date).

Appears in 3 contracts

Samples: Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc), Senior Unsecured Revolving Credit Agreement (Barnes Group Inc)

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Additional Commitment Lender. BGI shall have the right to replace each Non-Extending Lender with, and add as “Lender” under this Credit Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in §15; provided that each of such Additional Commitment Lender shall enter into an Assignment and Assumption, in the form of Exhibit D, Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Requested Extension Date, assume a Commitment (and, if any such Additional Commitment Lender is already a Lender, increase its Commitment in a corresponding amount hereunder on such date).

Appears in 1 contract

Samples: Senior Unsecured Revolving Credit Agreement (Barnes Group Inc)

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