Common use of Effect of Incremental Facility Amendment Clause in Contracts

Effect of Incremental Facility Amendment. On the Incremental Commitments Effective Date, each Lender or Eligible Assignee which is providing a Revolving Credit Commitment Increase (i) shall become a “Lender” for all purposes of this Agreement and the other Credit Documents and (ii) shall have a Revolving Credit Commitment Increase which shall become a “Commitment” hereunder.

Appears in 9 contracts

Samples: Credit Agreement (NGL Energy Partners LP), Credit Agreement (KLX Energy Services Holdings, Inc.), Credit Agreement (NGL Energy Partners LP)

AutoNDA by SimpleDocs

Effect of Incremental Facility Amendment. On the Incremental Commitments Effective Date, each Lender or Eligible Assignee which is providing a Revolving Credit an Incremental Commitment Increase (i) shall become a “Lender” for all purposes of this Amended Agreement and the other Credit Documents and (ii) shall have a Revolving Credit an Incremental Commitment Increase which shall become a “Commitment” hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)

AutoNDA by SimpleDocs

Effect of Incremental Facility Amendment. On the Incremental Commitments Effective Date, each Lender or Eligible Assignee which is providing a Revolving Credit an Incremental Commitment Increase (i) shall become a “Lender” Lender for all purposes of this Agreement and the other Credit Documents and (ii) shall have a Revolving Credit an Incremental Commitment Increase which shall become a “Commitment” Commitment hereunder.

Appears in 1 contract

Samples: Loan Agreement (B/E Aerospace Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!