Additional L/C Issuers. From time to time, the Borrower may by notice to the Administrative Agent designate additional Lenders as an L/C Issuer each of which agrees (in its sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative Agent. Each such additional L/C Issuer shall execute a counterpart of this Agreement upon the approval of the Administrative Agent (which approval shall not be unreasonably withheld) and shall thereafter be an L/C Issuer hereunder for all purposes.
Appears in 15 contracts
Samples: Loan Agreement (Western Digital Corp), Amendment No. 5 (Worldpay, Inc.), Loan Agreement (Western Digital Corp)
Additional L/C Issuers. From time to time, the Lead Borrower may by notice to the Administrative Agent designate additional Lenders as an L/C Issuer each of which agrees (in its sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative Agent. Each such additional L/C Issuer shall execute a counterpart of this Agreement upon the approval of the Administrative Agent (which approval shall not be unreasonably withheld) and shall thereafter be an L/C Issuer hereunder for all purposes.
Appears in 3 contracts
Samples: Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp)
Additional L/C Issuers. From time to time, the Borrower may by notice to the Administrative Agent designate additional Lenders as an L/C Issuer each of which agrees (in its sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative Agent. Each such additional L/C Issuer shall execute a counterpart of this Agreement upon the approval of the Administrative Agent (which approval shall not be unreasonably withheld) and shall thereafter be an L/C Issuer hereunder for all purposes.Administrative
Appears in 2 contracts
Samples: Amendment No. 4 (Vantiv, Inc.), Loan Agreement
Additional L/C Issuers. From time to time, the Borrower may by notice to the Administrative Agent designate one or more additional Lenders as an L/C Issuer each of which agrees (in its sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative AgentAgent as an L/C Issuer. Each such additional L/C Issuer shall execute a counterpart of this Agreement (or such other documentation as is appropriate in the reasonable determination of the Administrative Agent) upon the approval of the Administrative Agent (which approval shall not be unreasonably withheldwithheld or delayed) and shall thereafter be deemed an L/C Issuer hereunder for all purposes.
Appears in 1 contract
Samples: Credit Agreement (Primedia Inc)
Additional L/C Issuers. From time to time, the Borrower may by notice to the Administrative Agent designate additional Lenders as an L/C Issuer each of which agrees that agree (in its their sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative Agentcapacity. Each such additional L/C Issuer shall execute and deliver to the Administrative Agent a counterpart of this Agreement (which counterpart shall also note such additional L/C Issuer’s Letter of Credit Commitment) and upon the approval Administrative Agent’s acknowledgment of the Administrative Agent (which approval shall not be unreasonably withheld) and receipt shall thereafter be an L/C Issuer hereunder for all purposes.
Appears in 1 contract
Samples: Third Amendment and Restatement Agreement (Targa Resources Partners LP)