Common use of Conditions to Subsequent Credit Extensions Clause in Contracts

Conditions to Subsequent Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension after the Acquisition Closing Date (other than (x) a Certain Funds Utilization in accordance with Section 4.01 or (y) a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Term SOFR Loans or Alternative Revolver Currency Loans, as applicable) is subject to the following conditions precedent (limited, in the case of Incremental Facilities which will be used to finance a Limited Condition Transaction, in the manner set forth in Section 2.14(e)):

Appears in 1 contract

Samples: Restatement Agreement (NortonLifeLock Inc.)

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Conditions to Subsequent Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension after the Acquisition Closing Date (other than (x) a Certain Funds Utilization in accordance with Section 4.01 or (y) a Committed any Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Term SOFR Loans or Alternative Revolver Currency Loans), as applicable) is subject to the following conditions precedent (limited, in the case of Incremental Facilities which will be used to finance a Limited Condition Transaction, in the manner set forth in Section 2.14(e)):precedent:

Appears in 1 contract

Samples: Revolving Credit Agreement (Darden Restaurants Inc)

Conditions to Subsequent Credit Extensions. The Subject to Section 1.09 (to the extent applicable to such Credit Extension) and Section 2.14, the obligation of each Lender to honor any Request for Credit Extension after the Acquisition Closing Date (other than (x) a Certain Funds Utilization in accordance with Section 4.01 or (y) a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Term Eurocurrency RateTerm SOFR Loans or Alternative Revolver Currency Loans, as applicable) is subject to the following conditions precedent (limited, in the case of Incremental Facilities which will be used to finance a Limited Condition Transaction, in the manner set forth in Section 2.14(e)):precedent: #95787455v10

Appears in 1 contract

Samples: Term Loan Agreement (United Natural Foods Inc)

Conditions to Subsequent Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension after the Acquisition Closing Date (other than (x) a Certain Funds Utilization in accordance with Section 4.01 or (yi) a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Term SOFR Loans or Alternative Revolver Currency Eurocurrency Rate Loans or (ii) with respect to the incurrence of Delayed Draw Term Loans, as applicablewhich shall be governed by Section 4.03) is subject to the following conditions precedent (limited, in the case of Incremental Facilities which will be used to finance a Limited Condition Transaction, in the manner set forth in Section 2.14(e)):precedent:

Appears in 1 contract

Samples: Credit Agreement (Holley Inc.)

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Conditions to Subsequent Credit Extensions. The Subject to Section 2.14, the obligation of each Lender to honor any Request for Credit Extension on or after the Acquisition Closing Date (other than (x) a Certain Funds Utilization in accordance with Section 4.01 or (y) a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Term SOFR Loans or Alternative Revolver Currency Loans, as applicable) is subject to the following conditions precedent precedent: (limited, a) The representations and warranties of the Borrower and each other Loan Party contained in the case of Incremental Facilities which will Article V or any other Loan Document shall be used to finance a Limited Condition Transaction, true and correct in the manner set forth in Section 2.14(e)):all material respects on -96- #95982248v17

Appears in 1 contract

Samples: Credit Agreement (Utz Brands, Inc.)

Conditions to Subsequent Credit Extensions. The Subject to Section 1.09 (to the extent applicable to such Credit Extension) and Section 2.14, the obligation of each Lender to honor any Request for Credit Extension after the Acquisition Closing Date (other than (x) a Certain Funds Utilization in accordance with Section 4.01 or (y) a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Term SOFR Loans or Alternative Revolver Currency Loans, as applicable) is subject to the following conditions precedent (limited, in the case of Incremental Facilities which will be used to finance a Limited Condition Transaction, in the manner set forth in Section 2.14(e)):precedent:

Appears in 1 contract

Samples: Term Loan Agreement (United Natural Foods Inc)

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