Common use of Amendment to Existing Revolving Credit Agreement Clause in Contracts

Amendment to Existing Revolving Credit Agreement. In the event the Borrower enters into any amendment, modification or supplement of the Existing Revolving Credit Agreement (including any definitive credit agreement pursuant to a refinancing or replacement thereof), pursuant to which the Borrower or any Subsidiary has agreed to any covenant, or event of default which is materially more restrictive to the Borrower or its Subsidiaries than those contained in this Agreement (the “Applicable Provisions”), the Borrower shall promptly, and in any event within 30 days, after any request by the Required Lenders, enter into an amendment or other modification to this Agreement with the Agent and the Required Lenders pursuant to which the Applicable Provisions shall be incorporated into this Agreement.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC), Term Loan Credit Agreement (Oncor Electric Delivery Co LLC), Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)

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Amendment to Existing Revolving Credit Agreement. In the event the Borrower enters into any amendment, modification or supplement of the Existing Revolving Credit Agreement (including any definitive credit agreement pursuant to a refinancing or replacement thereof), pursuant to which the Borrower or any Subsidiary has agreed to any covenant, covenant or event of default which is materially more restrictive to the Borrower or its Subsidiaries than those contained in this Agreement (the “Applicable Provisions”), the Borrower shall promptly, and in any event within 30 days, after any request by the Required Lenders, enter into an amendment or other modification to this Agreement with the Agent and the Required Lenders pursuant to which the Applicable Provisions shall be incorporated into this Agreement.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC), Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)

Amendment to Existing Revolving Credit Agreement. In the event the Borrower enters into any amendment, modification or supplement of the Existing Revolving Credit Agreement (including any definitive credit agreement pursuant to a refinancing or replacement thereof), pursuant to which the Borrower or any Subsidiary has agreed to any covenant, or event of default which is materially more restrictive to the Borrower or its Subsidiaries than those contained in this Agreement (the “Applicable Provisions”), the Borrower shall promptly, and in any event within 30 days, after days of any request by the Required Lenders, enter into an amendment or other modification to this Agreement with the Agent and the Required Lenders pursuant to which the Applicable Provisions shall be incorporated into this Agreement.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)

Amendment to Existing Revolving Credit Agreement. In the event the Borrower enters into any amendment, modification or supplement of the Existing Revolving Credit Agreement (including any definitive credit agreement pursuant to a refinancing or replacement thereof), pursuant to which the Borrower or any Subsidiary has agreed to any covenant, covenant (other than such covenants entered into pursuant to Section 2.22(h) of the Existing Revolving Credit Agreement) or event of default which is materially more restrictive to the Borrower or its Subsidiaries than those contained in this Agreement (the “Applicable Provisions”), the Borrower shall promptly, and in any event within 30 days, after any request by the Required LendersLender, enter into an amendment or other modification to this Agreement with the Agent and the Required Lenders Lender pursuant to which the Applicable Provisions shall be incorporated into this Agreement.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)

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Amendment to Existing Revolving Credit Agreement. In the event the Borrower enters into any amendment, modification or supplement of the Existing Revolving Credit Agreement (including any definitive credit agreement pursuant to a refinancing or replacement thereof), pursuant to which the Borrower or any Subsidiary has agreed to any covenant, covenant or event of default which is materially more restrictive to the Borrower or its Subsidiaries than those contained in this Agreement (the “Applicable Provisions”), the Borrower shall promptly, and in any event within 30 days, after any request by the Required LendersLender, enter into an amendment or other modification to this Agreement with the Agent and the Required Lenders Lender pursuant to which the Applicable Provisions shall be incorporated into this Agreement.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)

Amendment to Existing Revolving Credit Agreement. In the event the Borrower enters into any amendment, modification or supplement of the Existing Revolving Credit Agreement (including any definitive credit agreement pursuant to a refinancing or replacement thereof), pursuant to which the Borrower or any Subsidiary has agreed to any covenant, covenant (other than such covenants entered into pursuant to Section 2.22(h) of the Existing Revolving Credit Agreement) or event of default which is materially more restrictive to the Borrower or its Subsidiaries than those contained in this Agreement (the “Applicable Provisions”), the Borrower shall promptly, and in any event within 30 days, after any request by the Required Lenders, enter into an amendment or other modification to this Agreement with the Agent and the Required Lenders pursuant to which the Applicable Provisions shall be incorporated into this Agreement.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)

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