Common use of Deemed Modifications to Loan Documents Clause in Contracts

Deemed Modifications to Loan Documents. Effective as of the Agreement Date, each reference to the Initial Lender (including as “lender”, “bank”, “lending party” or similar role thereunder) in any Loan Document (other than this Agreement) shall: (i) to the extent required by the express provisions of this Agreement, be deemed to be references to the Administrative Agent; (ii) to the extent required by the Agency Standards, so long as not conflicting with the express provisions of this Agreement, be deemed to be references to the Administrative Agent; and‌ (iii) otherwise, be deemed to be a reference to each Lender, the applicable Lender or the Lenders collectively, as the context may require.

Deemed Modifications to Loan Documents. Effective as of the Agreement Date, each reference to the Initial Lender (including as “lender”, “bank”, “lending party” or similar role thereunder) in any Loan Document (other than this Agreement) shall: (i) to the extent required by the express provisions of this Agreement, be deemed to be references to the Administrative Agent; (ii) to the extent required by the Agency Standards, so long as not conflicting with the express provisions of this Agreement, be deemed to be references to the Administrative Agent; and‌and (iii) otherwise, be deemed to be a reference to each Lender, the applicable Lender or the Lenders collectively, as the context may require.

Deemed Modifications to Loan Documents. Effective as of the Agreement Date, each reference to the Initial Lender (including as “lender”, “bank”, “lending party” or similar role thereunder) in any Loan Document (other than this Agreement) shall:shall:‌ (i) to the extent required by the express provisions of this Agreement, be deemed to be references to the Administrative Agent; (ii) to the extent required by the Agency Standards, so long as not conflicting with the express provisions of this Agreement, be deemed to be references to the Administrative Agent; and‌and (iii) otherwise, be deemed to be a reference to each Lender, the applicable Lender or the Lenders collectively, as the context may require.