Common use of Commitment Adjustment Clause in Contracts

Commitment Adjustment. If any Loans (other than Competitive Bid Loans) are outstanding on the date hereof, the Administrative Agent shall make such transfer of funds as are necessary in order that the outstanding balance of such Loans reflects the Commitment Percentages of the Lenders after giving effect to the increase in the Commitment of the Increasing Lender and the corresponding increase in the Aggregate Commitments pursuant hereto.

Appears in 2 contracts

Samples: Day Credit Agreement (Lci International Inc /Va/), Credit Agreement (Lci International Inc /Va/)

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Commitment Adjustment. If any Loans (other than Competitive Bid Loans) are outstanding on the date hereof, the Administrative Agent shall make such transfer transfers of funds as are necessary in order that the outstanding balance of such Loans loans reflects the Commitment Percentages of the Lenders after giving effect to the increase in the Commitment joinder of the Increasing New Lender pursuant to this New Lender Supplement and the corresponding any increase in the Aggregate Commitments pursuant hereto.

Appears in 2 contracts

Samples: Credit Agreement (Lci International Inc /Va/), Day Credit Agreement (Lci International Inc /Va/)

Commitment Adjustment. If any Loans (other than Competitive Bid Loans) are outstanding on the date hereof, the Administrative Agent shall make such transfer of funds as are necessary in order that the outstanding balance of such Loans reflects the Commitment Percentages of the Lenders after giving effect to the increase in the Aggregate Commitment of the Increasing Lender and the corresponding increase in the Aggregate Commitments pursuant hereto.

Appears in 2 contracts

Samples: Interconnection Agreement (Knology Holdings Inc /Ga), Credit Agreement (Mindspring Enterprises Inc)

Commitment Adjustment. If any Loans (other than Competitive Bid Loans) are outstanding on the date hereof, the Administrative Agent shall make such transfer transfers of funds as are necessary in order that the outstanding balance of such Loans loans reflects the Commitment Percentages of the Lenders after giving effect to the increase in the Commitment joinder of the Increasing New Lender pursuant to this New Lender Supplement and the corresponding any increase in the Aggregate Commitments Commitment pursuant hereto. The Credit Agreement is hereby amended to reflect the increase in the Aggregate Commitment of the Lenders in accordance with the terms of this New Lender Supplement.

Appears in 1 contract

Samples: Credit Agreement (Golf Trust of America Inc)

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Commitment Adjustment. If any Loans (other than Competitive Bid Loans) are outstanding on the date hereof, the Administrative Agent shall make such transfer transfers of funds as are necessary in order that the outstanding balance of such Loans reflects the Commitment Percentages of the Lenders after giving effect to the increase in the Commitment joinder of the Increasing New Lender pursuant to this New Lender Supplement and the corresponding any increase in the Aggregate Commitments pursuant hereto.

Appears in 1 contract

Samples: Credit Agreement (Mindspring Enterprises Inc)

Commitment Adjustment. If any Loans (other than Competitive Bid Loans) are outstanding on the date hereof, the Administrative Agent shall make such transfer transfers of funds as are necessary in order that the outstanding balance of such Loans reflects the Commitment Percentages of the Lenders after giving effect to the increase in the Commitment joinder of the Increasing New Lender pursuant to this New Lender Supplement and the corresponding any increase in the Aggregate Commitments pursuant hereto.. 212

Appears in 1 contract

Samples: Interconnection Agreement (Knology Holdings Inc /Ga)

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