Common use of Adjustments for Syndication Clause in Contracts

Adjustments for Syndication. If the Administrative Agent reasonably determines in connection with any request made by Borrower under Section 2.16(B)(i) that (a) bring down legal opinions, closing certificates or other due diligence is necessary in order to complete same and/or (b) increases in the Usage Fees or Unused Line Fees, upfront fees/commitments fees, reductions in the Advance Rate or Borrowing Base, or other changes in the pricing, amount, terms, allocation or structure of the transactions contemplated in this Agreement are necessary in order to secure the requested increase in Aggregate Commitments by such Additional Lender, Xxxxxxxx agrees to negotiate in good faith regarding such changes or deliverables but shall not be required to accept any such changes or provide such deliverables.

Appears in 3 contracts

Samples: Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.)

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Adjustments for Syndication. If the Administrative Agent reasonably determines in connection with any request made by Borrower under Section 2.16(B)(i) that (a) bring down legal opinions, closing certificates or other due diligence is necessary in order to complete same and/or (b) increases in the Usage Fees or Unused Line Fees, upfront fees/commitments fees, reductions in the Advance Rate or Borrowing Base, or other changes in the pricing, amount, terms, allocation or structure of the transactions contemplated in this Agreement are necessary in order to secure the requested increase in Aggregate Commitments by such Additional Lender, Xxxxxxxx agrees to negotiate in good faith regarding such changes or deliverables but shall not be required to accept any such changes or provide such deliverables.

Appears in 2 contracts

Samples: Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.)

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Adjustments for Syndication. If the Administrative Agent reasonably determines in connection with any request made by Borrower under Section 2.16(B)(i2.16(A) that (a) bring bring-down legal opinions, reliance letters, closing certificates or other due diligence is necessary in order to complete same and/or (b) increases in the Usage Fees or Unused Line Fees, upfront fees/commitments fees, reductions in the Advance Rate or Borrowing Base, or other changes in the pricing, amount, terms, allocation or structure of the transactions contemplated in this Agreement are necessary in order to secure the requested increase in Aggregate Commitments by such Additional Lender, Xxxxxxxx agrees to negotiate in good faith regarding such changes or deliverables but shall not be required to accept any such changes or provide any such deliverables.

Appears in 1 contract

Samples: Credit Agreement (Sunnova Energy International Inc.)

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