Common use of Additional Lender Clause in Contracts

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents.

Appears in 3 contracts

Samples: Supplement and Joinder Agreement, Supplement and Joinder Agreement, Supplement and Joinder Agreement (Triangle Capital CORP)

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Additional Lender. By executing The Borrower may request that the aggregate Revolving Credit Commitments be increased by $5,000,000 to a total of $85,000,000 by offering such increase to one bank or other financial institution not already party hereto (such bank or other financial institution being hereinafter referred to as the "Additional Lender") selected by the Borrower and delivering this Agreementacceptable to the Administrative Agent. Such increase in the Revolving Credit Commitments shall be subject to the satisfaction of the following conditions: (a) the Administrative Agent shall have received an acknowledgement agreement providing for such increase in form and substance satisfactory to it executed by the Borrower, the Administrative Agent, and the Additional Lender; and (b) the Administrative Agent shall have received a Revolving Note duly executed by the Borrower in favor of the Additional Lender. Upon the satisfaction of such conditions, effective as of the date set forth above in such acknowledgement agreement, the Additional Lender hereby becomes shall thereafter be a "Lender" party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and shall be entitled to consummate the transactions contemplated hereby all rights, benefits and to become privileges afforded a Lender under the Credit Agreement, (ii) from hereunder and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of subject to the obligations of a Lender thereunder, hereunder to the extent of its Revolving Credit Commitment and (iii) it has received a copy Schedule 1 shall be deemed amended reflecting the increase in the aggregate Revolving Credit Commitments caused by the inclusion of the Revolving Credit Agreement, together with copies Commitment of the most recent financial statements Additional Lender. Concurrently with the effectiveness of such increase, the Additional Lender shall fund its Revolver Percentage of the Borrower delivered pursuant outstanding Revolving Loans and overdue Reimbursement Obligations, if any, to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees so that it will, independently and without reliance on the Administrative Agent or any other after giving effect thereto each Lender, including the Additional Lender, holds a pro rata share (in accordance with its Revolver Percentage) of the outstanding Revolving Loans and based on such documents L/C Obligations and information the Borrower shall pay to each Lender all amounts due under Section 1.12 hereof as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or a result of any other Loan Documentsprepayment of any outstanding Eurodollar Loans.

Appears in 2 contracts

Samples: Credit Agreement (Ios Brands Corp), Credit Agreement (Ios Brands Corp)

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00015,000,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents.

Appears in 2 contracts

Samples: Supplement and Joinder Agreement (Triangle Capital CORP), Supplement and Joinder Agreement (Main Street Capital CORP)

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, the Additional Lender hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00050,000,000, from and after the Effective Date of this Agreement, and the Additional Lender agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it qualifies as an Eligible Assignee, (iii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of the type represented by the Revolver Commitment and either it, or the Person exercising discretion in making its decision to acquire the Revolver Commitment, is experienced in acquiring assets of such type and (iiiv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the its Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents.

Appears in 1 contract

Samples: Supplement and Joinder Agreement (Main Street Capital CORP)

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as 1 an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00015,000,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents.. (b)

Appears in 1 contract

Samples: Supplement and Joinder Agreement

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, the Additional Lender hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00010,000,00, from and after the Effective Date of this Agreement, and the Additional Lender agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the its Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents. Each Lender and the Administrative Agent hereby waives (i) the requirement set forth in Section 2.14(d)(i)(E) of the Credit Agreement for a legal opinion in connection with the Commitment Increase contemplated by this Agreement and (ii) the requirement set forth in Section 2.14(a) of the Credit Agreement for a ten (10) Domestic Business Day notice period in connection with the Commitment Increase. The Additional Lender’s Revolver Commitment is the amount set forth opposite the name of the Additional Lender on its signature page hereof. Each existing Lender consents to the change in its percentage of the Revolver Commitments or any change in the number of Lenders which shall be required for the Lenders or any of the Lenders to take any action under Section 9.05 or any other provision of the Credit Agreement.

Appears in 1 contract

Samples: Supplement and Joinder Agreement (Main Street Capital CORP)

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00010,000,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents. Each Lender and the Administrative Agent hereby waives (i) the requirement set forth in Section 2.14(d)(i)(E) of the Credit Agreement for a legal opinion in connection with the Commitment Increase contemplated by this Agreement and (ii) the requirement set forth in Section 2.14(a) of the Credit Agreement for a ten (10) day notice period in connection with the Commitment Increase. The Additional Lender’s and each existing Lender’s total Revolver Commitment and its percentage of the aggregate Revolver Commitments is the amount and percentage set forth opposite the name of such Lender on the signature pages hereof. Each existing Lender consents to the change in its percentage of the Revolver Commitments or any change in the percentage of Lenders which shall be required for the Lenders or any of the Lenders to take any action under Section 9.05 or any other provision of the Credit Agreement.

Appears in 1 contract

Samples: Supplement and Joinder Agreement (Main Street Capital CORP)

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Additional Lender. By executing and delivering this Agreement, the The Additional Lender hereby joins in, becomes a party to, and agrees to comply with and be bound by the terms and conditions of the Credit Agreement as a Lender thereunder with and under each and every other Loan Document to which any Lender is required to be bound by the Credit Agreement, to the same force and effect extent as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as were an Eligible Assigneeoriginal signatory thereto. The Additional Lender hereby extends appoints and authorizes the Administrative Agent to take such action as the Administrative Agent on its behalf and to exercise such powers and discretion under the Credit Agreement as are delegated to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which Administrative Agent by the terms of the Credit Agreement thereof, together with such powers and the other Loan Documents discretion as are required to be performed by it as a Lender thereunderreasonably incidental thereto. The Additional Lender represents and warrants that (ia) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and Eighth Amendment, to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iiib) it has received a copy of the Credit Agreement, together with Agreement and copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable8.01 thereof, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement Eighth Amendment and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, become a Lender on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents (c) from and information as after the Eighth Amendment Effective Date, it shall deem appropriate at be a party to and be bound by the time, continue to make its own credit decisions and analysis in taking or not taking action under provisions of the Credit Agreement or any and the other Loan DocumentsDocuments and have the rights and obligations of a Lender thereunder.

Appears in 1 contract

Samples: Credit Agreement (Energen Corp)

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00030,000,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents.

Appears in 1 contract

Samples: Supplement and Joinder Agreement (Triangle Capital CORP)

Additional Lender. By executing and delivering this Agreement, the Additional Lender hereby becomes a party to the Credit Agreement as a Lender thereunder with the same force and effect as if originally named therein as a Lender and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves the Additional Lender as an Eligible Assignee. The Additional Lender hereby extends to the Borrower, subject to and on the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,00020,000,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender thereunder. The Additional Lender represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 of the Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions and analysis in taking or not taking action under the Credit Agreement or any other Loan Documents. The Additional Lender and the Administrative Agent hereby waive (i) the requirement set forth in Section 2.14(d)(i)(E) of the Credit Agreement for a legal opinion in connection with the Commitment Increase contemplated by this Agreement and (ii) the requirement set forth in Section 2.14(a) of the Credit Agreement for a ten (10) day notice period in connection with the Commitment Increase. The Additional Lender’s Revolver Commitment is the amount set forth opposite the name of such Lender on the signature page hereof.

Appears in 1 contract

Samples: Supplement and Joinder Agreement (Main Street Capital CORP)

Additional Lender. By executing and delivering this Agreement, the The Additional Lender is hereby becomes a party added to the Existing Credit Agreement as a Lender, with a Commitment as provided on Schedule 2 annexed to this Second Amendment, and the Additional Lender thereunder with the same force joins in, becomes a party to, and effect as if originally named therein as a Lender and, without limiting the generality assumes all of the foregoing, hereby expressly assumes all rights and obligations and liabilities of a Lender thereunder. The Administrative Agent hereby approves under the Additional Lender Existing Credit Agreement (as an Eligible Assignee. The Additional Lender hereby extends amended by this Second Amendment) and the other Loan Documents and agrees to the Borrower, subject to and on be bound by all of the terms and conditions set forth in the Credit Agreement, a Revolver Commitment in the amount of $12,500,000, from and after the Effective Date of this Agreement, and agrees to perform in accordance with the terms thereof all provisions of the obligations which by the terms of the Existing Credit Agreement and the other Loan Documents binding on each Lender to the same extent as if such Additional Lender was an original signatory thereto. Additional Lender hereby appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under the Existing Credit Agreement (as amended by this Second Amendment) as are required delegated to be performed the Administrative Agent by it the terms thereof, together with such powers and discretion as a Lender thereunderare reasonably incidental thereto. The Additional Lender represents and warrants that (ia) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and Second Amendment, to consummate the transactions contemplated hereby and to become a Lender under the Existing Credit AgreementAgreement (as amended by this Second Amendment), (ii) from and after the Effective Date of this Agreement, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have and perform all of the obligations of a Lender thereunder, and (iiib) it has received a copy of the Existing Credit Agreement, together with Agreement and copies of the most recent financial statements of the Borrower delivered pursuant to Section 5.01 6.1 of the Existing Credit Agreement, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement Second Amendment and to extend the Revolver Commitment to the Borrower pursuant to the terms of the Credit Agreement, become a Lender on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender. The Additional Lender agrees that it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents (c) from and information as after the effectiveness of this Second Amendment, it shall deem appropriate at be a party to and be bound by the time, continue to make its own credit decisions and analysis in taking or not taking action under provisions of the Existing Credit Agreement or any (as amended by this Second Amendment) and the other Loan DocumentsDocuments and have the rights and obligations of a Lender thereunder.

Appears in 1 contract

Samples: Senior Credit Agreement (Unit Corp)

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