Common use of Effective Date Reallocation Clause in Contracts

Effective Date Reallocation. On the Second Amendment Effective Date, the Existing Lenders (including, but not limited to, the Exiting Lender) shall automatically and without further act assign to the Lenders holding Revolver Commitments immediately after to the Second Amendment Effective Date (the “Continuing Lenders”), and the Continuing Lenders shall purchase from the Existing Lenders, at the principal amount thereof, such interests in the Loans outstanding on the Second Amendment Effective Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such Loans are held by the Continuing Lenders ratably in accordance with their Revolver Commitments as set forth on Schedule 1 attached hereto and incorporated herein by reference. The requirements under Section 12 of the Loan Agreement and requirements in respect of minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in the Loan Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence.

Effective Date Reallocation. On the Second Amendment Effective Date, the Existing Lenders (including, but not limited to, holding Commitments immediately prior to the Exiting Lender) Revolving Commitment Increase given effect pursuant to this Amendment shall automatically and without further act assign to the Lenders holding Revolver Commitments immediately after to the Second Amendment Effective Date (the “Continuing certain Lenders”), and the Continuing certain Lenders shall purchase from the Existing Lendersassigning Lenders holding Commitments immediately prior to such Revolving Commitment Increase, at the principal amount thereof, such interests in the Revolving Loans outstanding on the Second Amendment Effective Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such Revolving Loans are held by the Continuing Lenders ratably in accordance with their Revolver Commitments as set forth on Schedule 1 attached hereto and incorporated herein by referenceafter giving effect to the addition of such Incremental Commitments to the Commitments. The requirements under Section 12 10.5(b) of the Loan Credit Agreement and requirements in respect of minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in the Loan Credit Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence.

Effective Date Reallocation. On the Second Incremental Amendment Effective Date, the Existing Lenders (including, but not limited to, holding Commitments immediately prior to the Exiting Lender) Revolving Commitment Increase given effect pursuant to this Amendment shall automatically and without further act assign to the Lenders holding Revolver Commitments immediately after to the Second Amendment Effective Date (the “Continuing certain Lenders”), and the Continuing certain Lenders shall purchase from the Existing Lendersassigning Lenders holding Commitments immediately prior to such Revolving Commitment Increase, at the principal amount thereof, such interests in the Revolving Loans outstanding on the Second Incremental Amendment Effective Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such Revolving Loans are held by the Continuing Lenders ratably in accordance with their Revolver Commitments as set forth on Schedule 1 attached hereto and incorporated herein by referenceafter giving effect to the addition of such Incremental Commitments to the Commitments. The requirements under Section 12 10.5(b) of the Loan Credit Agreement and requirements in respect of minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in the Loan Credit Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence.

Effective Date Reallocation. On the Second Amendment Effective Date, the Existing Lenders (including, but not limited to, holding Commitments immediately prior to the Exiting Lender) Revolving Commitment Increase given effect pursuant to this Amendment shall automatically and without further act assign to certain Lenders (including the Lenders holding Revolver Commitments immediately after to the Second Amendment Effective Date (the “Continuing Lenders”Incremental Lender), and certain Lenders (including the Continuing Lenders Incremental Lender) shall purchase from the Existing Lendersassigning Lenders holding Commitments immediately prior to such Revolving Commitment Increase, at the principal amount thereof, such interests in the Revolving Loans outstanding on the Second Amendment Effective Date as shall be necessary in order that, after giving effect to this Amendment and all such assignments and purchases, such Revolving Loans are held by the Continuing Lenders ratably in accordance with their Revolver Commitments as set forth on Schedule 1 attached hereto and incorporated herein by referenceafter giving effect to this Amendment. The requirements under Section 12 10.5(b) of the Loan Credit Agreement and requirements in respect of minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in the Loan Credit Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence.