Common use of Adjustments to Revolving Outstandings Clause in Contracts

Adjustments to Revolving Outstandings. On each Incremental Commitment Effective Date, (i) if there are Revolving Loans then outstanding, such Revolving Loans then outstanding will be automatically adjusted to reflect the Applicable Percentages of all the Lenders (including each Incremental Lender) after giving effect to the applicable Incremental Commitment(s), as shall be necessary in order that, after giving effect to such prepayments and borrowings, all Revolving Loans will be held ratably by the Lenders (including the Incremental Lender(s)) in accordance with their respective Commitments after giving effect to the applicable Incremental Commitment(s) and (ii) if there are Letters of Credit then outstanding, the participations of the Lenders in such Letters of Credit, as the case may be, will be automatically adjusted to reflect the Applicable Percentages of all the Lenders (including each Incremental Lender) after giving effect to the applicable Incremental Commitment(s).

Adjustments to Revolving Outstandings. On Upon the Incremental Effective Date for each Incremental Commitment Effective DateCommitment, (i) if there are Revolving Loans then outstanding, the Borrowers shall prepay such Revolving Loans then outstanding will be automatically adjusted (and pay any additional amounts required pursuant to reflect the Applicable Percentages of all the Lenders (including each Incremental Lender) after giving effect to the applicable Incremental Commitment(sSection 3.4 in connection therewith), as shall be necessary in order and borrow Revolving Loans from the Incremental Lender(s), so that, after giving effect to such prepayments and borrowings, all Revolving Loans will be held ratably by the Revolving Lenders (including the Incremental Lender(s)) in accordance with their respective Revolving Commitments after giving effect to the applicable Incremental Commitment(s) and (ii) if there are Swingline Loans or Letters of Credit then outstanding, the participations of the Revolving Lenders in such Swingline Loans or Letters of Credit, as the case may be, will be automatically adjusted to reflect the Applicable Percentages of all the Revolving Lenders (including each Lender providing such Incremental LenderCommitment) after giving effect to the applicable Incremental Commitment(s).

Adjustments to Revolving Outstandings. On Upon the Incremental Effective Date for each Incremental Commitment Effective DateCommitment, (i) if there are Revolving Loans then outstanding, the Borrower shall prepay such Revolving Loans then outstanding will be automatically adjusted (and pay any additional amounts required pursuant to reflect the Applicable Percentages of all the Lenders (including each Incremental Lender) after giving effect to the applicable Incremental Commitment(sSection 3.4 in connection therewith), as shall be necessary in order and borrow Revolving Loans from the Incremental Lender(s), so that, after giving effect to such prepayments and borrowings, all Revolving Loans will be held ratably by the Revolving Lenders (including the Incremental Lender(s)) in accordance with their respective Commitments after giving effect to the applicable Incremental Commitment(s) and (ii) if there are Letters of Credit then outstanding, the participations of the Revolving Lenders in such Letters of Credit, as the case may be, Credit will be automatically adjusted to reflect the Applicable Percentages of all the Revolving Lenders (including each Lender providing such Incremental LenderCommitment) after giving effect to the applicable Incremental Commitment(s).