Common use of Committed Lender’s Commitment Clause in Contracts

Committed Lender’s Commitment. (i) If a Class A Revolving Conduit Lender rejects a Funding Notice and Company has not cancelled such Funding Notice in accordance with Section 2.1(f) above, or if there is no Class A Revolving Conduit Lender in a Class A Revolving Lender Group, any Class A Revolving Loan requested by Company in such Funding Notice shall be made by the related Class A Revolving Committed Lenders in such Class A Lender Group on a pro rata basis in accordance with their respective Committed Lender Pro Rata Share of such Class A Revolving Loan.

Appears in 5 contracts

Samples: Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital Inc)

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