Common use of Effect of Increase Clause in Contracts

Effect of Increase. Upon the increase in the Total Commitments under this Section 2.27, all references in this Agreement and in any other Loan Document (i) to the Commitment of any Lender shall be deemed to include any increase in such Lender’s Commitment pursuant to this Section 2.27, and (ii) to the Total Commitments shall be deemed to include the increase in the Total Commitments made pursuant to this Section 2.27. The Revolving Loans, Commitments, Total Commitments and Total L/C Commitments that are subject to an increase under this Section 2.27 shall be entitled to all of the benefits afforded by this Agreement and the other Loan Documents and shall benefit ratably from any guarantees and Liens provided under the Loan Documents in favor of the Secured Parties.

Appears in 3 contracts

Samples: Credit Agreement (Sprinklr, Inc.), Credit Agreement (Remitly Global, Inc.), Credit Agreement (Sprinklr, Inc.)

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Effect of Increase. Upon the increase in the Total Term Commitments under this Section 2.272.21, all references in this Agreement and in any other Loan Document (ix) to the Term Commitment of any Lender shall be deemed to include any increase in such Lender’s Term Commitment pursuant to this Section 2.272.21, and (iiy) to the Total aggregate amount of the Term Commitments shall be deemed to include the increase in the Total Commitments aggregate amount of the Term Commitment made pursuant to this Section 2.272.21. The Revolving Term Loans, Commitments, Total Commitments the Incremental Term Loans and Total L/C the aggregate amount of the Term Commitments that are subject to an increase increased under this Section 2.27 2.21 shall be entitled to all of the benefits afforded by this Agreement and the other Loan Documents and shall benefit equally and ratably from any guarantees and Liens provided under the Loan Documents in favor of the Secured Parties.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Holdings Inc)

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Effect of Increase. Upon the increase in the Total Term Commitments under this Section 2.27, all references in this Agreement and in any other Loan Document (i) to the Term Commitment of any Lender shall be deemed to include any increase in such Lender’s Commitment Term Commitment, pursuant to this Section 2.27, and (ii) to the Total aggregate amount of the Term Commitments shall be deemed to include the increase in the Total Commitments aggregate amount of the Term Commitment made pursuant to this Section 2.27. The Revolving Term Loans, Commitments, and aggregate amount of the Total Commitments and Total L/C Term Commitments that are subject to an increase under this Section 2.27 shall be entitled to all of the benefits afforded by this Agreement and the other Loan Documents and shall benefit equally and ratably from any guarantees and Liens provided under the Loan Documents in favor of the Secured Parties.

Appears in 1 contract

Samples: Credit Agreement (TechTarget Inc)

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