Common use of Effective Date and Allocations Clause in Contracts

Effective Date and Allocations. If the Total Credit Exposure of any Lenders is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 21 contracts

Samples: Credit Agreement (Pebblebrook Hotel Trust), Credit Agreement (Pebblebrook Hotel Trust), Credit Agreement (Pebblebrook Hotel Trust)

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Effective Date and Allocations. If the Total Revolving Credit Exposure of any Lenders Facility is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Revolving Credit Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Revolving Credit Lenders of the final allocation of such increase and the Revolving Credit Increase Effective Date.

Appears in 20 contracts

Samples: Credit Agreement (Heartland Payment Systems Inc), Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Gsi Group Inc)

Effective Date and Allocations. If the Total Revolving Credit Exposure of any Lenders Facility is increased in accordance with this SectionSection 2.16, the Administrative Agent and the Borrower shall determine the effective date (the “Revolving Credit Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Revolving Credit Lenders of the final allocation of such increase and the Revolving Credit Increase Effective Date.

Appears in 10 contracts

Samples: Credit Agreement (NOODLES & Co), Securities Purchase Agreement (NOODLES & Co), Credit Agreement (NOODLES & Co)

Effective Date and Allocations. If the Total Credit Exposure of any Lenders Lender is increased in accordance with this SectionSection 2.14, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.), Credit Agreement (Braemar Hotels & Resorts Inc.)

Effective Date and Allocations. If the Total Revolving Credit Exposure of any Lenders Facility Amount is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Revolving Credit Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Revolving Credit Lenders of the final allocation of such increase and the Revolving Credit Increase Effective Date.

Appears in 8 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)

Effective Date and Allocations. If the Total Revolving Credit Exposure of any Lenders Facility is increased in accordance with this Section, the Administrative Agent and the Borrower Borrowers shall determine the effective date (the “Revolving Credit Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower Borrowers and the Revolving Credit Lenders of the final allocation of such increase and the Revolving Credit Increase Effective Date.

Appears in 7 contracts

Samples: Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc)

Effective Date and Allocations. If the Total Credit Exposure of any Lenders Lender is increased in accordance with this SectionSection 2.15, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 5 contracts

Samples: Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.)

Effective Date and Allocations. If the Total Credit Exposure of any Lenders Lender is increased in accordance with this Section, the Administrative Agent and the Borrower Borrowers shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower Borrowers and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 5 contracts

Samples: Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership)

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Effective Date and Allocations. If the Total Credit Exposure of any Lenders is increased in accordance with this SectionSection 2.15, the Administrative Agent and the Borrower Company shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower Company and the Lenders of the final allocation of such increase and the Increase Effective Date.. ​

Appears in 1 contract

Samples: Credit Agreement (Ares Real Estate Income Trust Inc.)

Effective Date and Allocations. If the Total Credit Exposure of any Lenders Lender is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Camden Property Trust)

Effective Date and Allocations. If the Total aggregate Revolving Credit Exposure of any Lenders is Commitments are increased in accordance with this SectionSection or the amount of any Term Facility is increased or there shall be added any additional term loan tranche, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increaseincrease in Total Credit Exposure. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (DCT Industrial Trust Inc.)

Effective Date and Allocations. If the Total Credit Exposure of any Lenders is increased in accordance with this SectionSection 2.15, the Administrative Agent and the Borrower Company shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower Company and the Lenders of the final allocation of such increase and the Increase Effective Date.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Ares Real Estate Income Trust Inc.)

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