Common use of Changes to the Reference Banks Clause in Contracts

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 52 contracts

Samples: Facility Agreement (TTM Technologies Inc), Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International)

AutoNDA by SimpleDocs

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyBorrower) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 10 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Seaspan CORP), Credit Facility Agreement (Seaspan CORP)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyOwner) appoint another Lender or an Affiliate of a Lender to replace that Reference BankBank in consultation with the Owner.

Appears in 8 contracts

Samples: Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (Ocean Rig UDW Inc.)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the agreement of the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 5 contracts

Samples: Term and Revolving Facilities Agreement (Smith & Nephew PLC), Facility Agreement (Smith & Nephew PLC), Loan Agreement (Smith & Nephew PLC)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) Company appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 4 contracts

Samples: Syndicated Facilities Agreement (Bayer Aktiengesellschaft), Bridge Facilities Agreement (Bayer Aktiengesellschaft), Bridge Facilities Agreement (Bayer Aktiengesellschaft)

Changes to the Reference Banks. If a Reference Bank which is a Lender (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 3 contracts

Samples: Senior Credit Facility (Smurfit Kappa Funding PLC), Senior Credit Facility Agreement (JSG Funding PLC), Senior Credit Facility (Smurfit Kappa Acquisitions)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyBorrowers) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 3 contracts

Samples: Credit Facilities Agreement, Reducing Revolving Credit Facility (Seaspan CORP), Credit Facility Agreement (Danaos Corp)

Changes to the Reference Banks. (a) If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyParent) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank. (b) If at any time there are fewer than three Reference Banks, the Facility Agent may (in consultation with the Parent) appoint a Lender or an Affiliate of a Lender as an additional Reference Bank.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Eros International PLC), Credit Facility Agreement (Eros International PLC)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyObligors’ Agent) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 2 contracts

Samples: Finance Agreement, Credit Facilities Agreement (Imperial Tobacco Group PLC)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Companyprior agreement of the Obligors’ Agent (acting reasonably)) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 2 contracts

Samples: Credit Facilities (Imperial Tobacco Group PLC), Subordinated Equity Bridge Credit Facilities (Imperial Tobacco Group PLC)

Changes to the Reference Banks. (a) If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank. (b) The Facility Agent may, and must promptly on request by the Company, appoint additional Lenders (or their Affiliates) so there are at least three Reference Banks.

Appears in 2 contracts

Samples: Revolving Credit Facility (Sara Lee Corp), Revolving Credit Facility (D.E Master Blenders 1753 B.V.)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyCDFCUK) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 2 contracts

Samples: Credit Agreement (Centex Corp), Supplemental Agreement (Centex Development Co Lp)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must appoint (in consultation with the consent of the Company, such consent not to be unreasonably withheld or delayed) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 2 contracts

Samples: Facilities Agreement (Preem Holdings Ab Publ), Bridge Facility Agreement (Preem Holdings Ab Publ)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Companyagreement of the Parent) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Smith & Nephew PLC)

Changes to the Reference Banks. If a Reference Bank or PRIBOR Reference Bank (or, if a Reference Bank or PRIBOR Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank or PRIBOR Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Telesystem International Wireless Inc)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the consent of the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (EnerSys)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the relevant Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (UTi WORLDWIDE INC)

AutoNDA by SimpleDocs

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyParent) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Agreement (Global Ship Lease, Inc.)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation must, with the Company) consent of the Company appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility (Mittal Steel Co N.V.)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyBorrower) appoint appoints another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Quintana Maritime LTD)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the consent of the Company, not to be unreasonably withheld or delayed) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facilities Agreement (Royal Ahold)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the consent of the Company, not to be unreasonably withheld or delayed) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Changes to the Reference Banks. If After the syndication of the Facility by the Mandated Lead Arranger, if a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a 104 Lender, the Facility Agent must (in consultation with the CompanyBorrower) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyOriginal Borrower) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Aramark Corp/De)

Changes to the Reference Banks. If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyCompany and the Guarantor) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Bausch & Lomb Inc)

Changes to the Reference Banks. If After the syndication of the Facility by the Mandated Lead Arranger, if a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyBorrower) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Shurgard Storage Centers Inc)

Changes to the Reference Banks. (a) If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyParent) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank. (b) If at any time there are more than two Lenders, but only two Reference Banks, the Facility Agent may (in consultation with the Parent) appoint another Lender or an Affiliate of a Lender as an additional Reference Bank.

Appears in 1 contract

Samples: Credit Agreement (Galen Holdings PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!