Common use of Changes in Market Clause in Contracts

Changes in Market. Each Borrower agrees that the Agent shall be entitled, after consultation with the Borrowers and until the Syndication Date, to change the terms and conditions, pricing and structure of the credit facilities extended hereunder if the US Agent reasonably determines that such changes are advisable to ensure the successful initial syndication of the Credit facilities, provided, that the Total Commitments remain unchanged.

Appears in 1 contract

Samples: Credit Agreement (Grant Prideco Inc)

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Changes in Market. Each Borrower agrees that the Agent shall be ----------------- entitled, after consultation with the Borrowers and until the Syndication DateBorrowers, to change the terms and conditions, pricing and structure of the credit facilities extended hereunder if the US Agent reasonably determines that such changes are advisable to ensure the successful initial syndication of the Credit facilitiesthereof, provided, that the Total Commitments remain unchanged.

Appears in 1 contract

Samples: Credit Agreement (Bway Corp)

Changes in Market. Each Borrower agrees that the Agent shall be entitled, after consultation with the Borrowers and until the Syndication DateBorrowers, to change the terms and conditions, pricing and structure of the credit facilities extended hereunder if the US Agent reasonably determines that such changes are advisable to ensure the successful initial syndication of the Credit facilities, providedPROVIDED, that the Total Commitments remain unchanged.

Appears in 1 contract

Samples: Credit Agreement (Hines Horticulture Inc)

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Changes in Market. Each Borrower agrees that the Agent shall be entitled, after consultation with the Borrowers and until the Syndication DateBorrower, to change the terms and conditions, pricing and structure of the credit facilities extended hereunder if the US Agent reasonably determines that such changes are advisable to ensure the successful initial syndication of the Credit facilitiesthereof, providedPROVIDED, that that, as a result thereof, the Total Commitments remain unchangedshall not be reduced to an amount less than $65,000,000.

Appears in 1 contract

Samples: Credit Agreement (Loehmanns Holdings Inc)

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