Common use of Additional Lender Groups Clause in Contracts

Additional Lender Groups. Upon the Borrower’s request and with the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed), one or more additional Lender Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Lender Group, the Borrower and the Administrative Agent. Upon the effective date of such Joinder Agreement, (i) each Person specified therein as a “Conduit Lender” shall become a party hereto as a Conduit Lender, entitled to the rights and subject to the obligations of a Conduit Lender hereunder, (ii) each Person specified therein as a “Committed Lender” shall become a party hereto as a Committed Lender, entitled to the rights and subject to the obligations of a Committed Lender hereunder, (iii) each Person specified therein as a “Managing Agent” shall become a party hereto as a Managing Agent, entitled to the rights and subject to the obligations of a Managing Agent hereunder and (iv) the Facility Limit shall be increased by an amount equal to the aggregate Commitments of the Committed Lenders party to such Joinder Agreement.

Appears in 10 contracts

Samples: Receivables Loan Agreement, Sale and Contribution Agreement, Servicing Agreement, Custody Agreement (Hilton Grand Vacations Inc.), Receivables Loan Agreement, Sale and Contribution Agreement, Master Transfer Agreement, Custody Agreement (Hilton Grand Vacations Inc.), Receivables Loan Agreement (Hilton Grand Vacations Inc.)

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Additional Lender Groups. Upon the Borrower’s request and with the prior written consent approval of the Administrative Agent (such consent not to be unreasonably withheld or delayed)Program Agent, one or more an additional Lender Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Lender Group, the Borrower Borrower, and the Administrative Program Agent. Upon the effective date of such Joinder Agreement, (ia) each Person specified therein as a “Conduit Lender” shall become a party hereto as a Conduit Lender, entitled to the rights and subject to the obligations of a Conduit Lender hereunder, (iib) each Person specified therein as a “Committed Lender” shall become a party hereto as a Committed Lender, entitled to the rights and subject to the obligations of a Committed Lender hereunder, (iiic) each Person specified therein as a an Managing Administrative Agent” shall become a party hereto as a Managing an Administrative Agent, entitled to the rights and subject to the obligations of a Managing an Administrative Agent hereunder hereunder, and (ivd) the Facility Limit Aggregate Commitment shall be increased by an amount equal to the aggregate Commitments of the Committed Lenders party to such Joinder Agreement.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (SNAP-ON Inc), Omnibus Amendment (SNAP-ON Inc)

Additional Lender Groups. Upon the Borrower’s 's request and with the prior written consent approval of the Administrative Agent (such consent not to be unreasonably withheld or delayed)Syndication Agents, one or more an additional Lender Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Lender Group, the Borrower Borrower, and the Administrative AgentSyndication Agents. Upon the effective date of such Joinder Agreement, (i) each Person specified therein as a "Conduit Lender" shall become a party hereto as a Conduit Lender, entitled to the rights and subject to the obligations of a Conduit Lender hereunder, (ii) each Person specified therein as a "Committed Lender" shall become a party hereto as a Committed Lender, entitled to the rights and subject to the obligations of a Committed Lender hereunder, (iii) each Person specified therein as a “Managing an "Administrative Agent" shall become a party hereto as a Managing an Administrative Agent, entitled to the rights and subject to the obligations of a Managing an Administrative Agent hereunder and (iv) the Facility Limit Aggregate Commitment shall be increased by an amount equal to the aggregate Commitments of the Committed Lenders party to such Joinder Agreement.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Harley Davidson Inc), Loan and Servicing Agreement (Harley Davidson Inc)

Additional Lender Groups. Upon the Borrower’s request and with the prior written consent approval of the Administrative Agent (such consent not to be unreasonably withheld or delayed)Syndication Agents, one or more an additional Lender Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Lender Group, the Borrower Borrower, and the Administrative AgentSyndication Agents. Upon the effective date of such Joinder Agreement, (i) each Person specified therein as a “Conduit Lender” shall become a party hereto as a Conduit Lender, entitled to the rights and subject to the obligations of a Conduit Lender hereunder, (ii) each Person specified therein as a “Committed Lender” shall become a party hereto as a Committed Lender, entitled to the rights and subject to the obligations of a Committed Lender hereunder, (iii) each Person specified therein as a an Managing Administrative Agent” shall become a party hereto as a Managing an Administrative Agent, entitled to the rights and subject to the obligations of a Managing an Administrative Agent hereunder and (iv) the Facility Limit Aggregate Commitment shall be increased by an amount equal to the aggregate Commitments of the Committed Lenders party to such Joinder Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Harley Davidson Inc)

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Additional Lender Groups. Upon the Borrower’s request and with the prior written consent approval of the Administrative Agent (such consent not to be unreasonably withheld or delayed)Program Agent, one or more an additional Lender Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Lender Group, the Borrower Borrower, and the Administrative Program Agent. Upon the effective date of such Joinder Agreement, (i) each Person specified therein as a “Conduit Lender” shall become a party hereto as a Conduit Lender, entitled to the rights and subject to the obligations of a Conduit Lender hereunder, (ii) each Person specified therein as a “Committed Lender” shall become a party hereto as a Committed Lender, entitled to the rights and subject to the obligations of a Committed Lender hereunder, (iii) each Person specified therein as a an Managing Administrative Agent” shall become a party hereto as a Managing an Administrative Agent, entitled to the rights and subject to the obligations of a Managing an Administrative Agent hereunder and (iv) the Facility Limit Aggregate Commitment shall be increased by an amount equal to the aggregate Commitments of the Committed Lenders party to such Joinder Agreement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (SNAP-ON Inc)

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