Exiting Lenders. Each of the entities executing this Amendment under the heading “Exiting Lenders”, each in its capacity as an existing Lender under the Credit Agreement (an “Exiting Lender”), is signing this Amendment for the sole purpose of amending the Credit Agreement and assigning its Commitments and outstanding Loans to the other Lenders party hereto. Upon giving effect to this Amendment, the outstanding Loans and Commitments of each Exiting Lender under the Credit Agreement shall be fully assigned at part to the other Lenders party hereto to the extent necessary such that after giving effect thereto, the Commitments (and related Loans) shall be held by the non-Exiting Lenders according to Schedule 2.01 of the Amended Credit Agreement, provided that interest and fees that have accrued for the account of the Exiting Lenders prior to the effectiveness of this Amendment will be paid to such Exiting Lenders, and each Exiting Lender shall cease to be a Lender under the Credit Agreement. The assignment effected by this Section shall be an assignment for all purposes of the Credit Agreement and be deemed to have been consummated in accordance with Section 11.06 of the Amended Credit Agreement.
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Samples: Credit Agreement (Trex Co Inc)
Exiting Lenders. Each of the entities executing this Amendment under the heading “Exiting Lenders”, each in its capacity as an existing exiting Lender under the Credit Agreement (each, an “Exiting Lender”), is signing this Amendment for the sole purpose of amending the Credit Agreement and assigning its Commitments and outstanding Loans to the other Lenders party heretoRevolving Commitments. Upon giving effect to this Amendment, the outstanding Loans and Revolving Commitments of each Exiting Lender under the Credit Agreement shall be fully assigned at part to the other Lenders party hereto to the extent necessary such that after giving effect thereto, the Revolving Commitments (and related Loans) shall be held by the non-Exiting Lenders according to Schedule 2.01 of the Amended Credit AgreementI hereto, provided that interest and fees that have accrued for the account of the each Exiting Lenders Lender prior to the effectiveness of this Amendment will be paid to such Exiting LendersLender, and each Exiting Lender shall cease to be a Lender under the Credit Agreement. The assignment effected by this Section 1.3 shall be an assignment for all purposes of the Credit Agreement and be deemed to have been consummated in accordance with Section 11.06 11.8 of the Amended Credit Agreement.
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Samples: Credit Agreement (Viasat Inc)
Exiting Lenders. Each of the entities entity executing this Amendment under the heading “Exiting Lenders”, each in its capacity as an existing Lender under the Credit Agreement (an “Exiting Lender”), is signing this Amendment for the sole purpose of amending the Credit Agreement and assigning its Commitments and outstanding Loans to the other Lenders party hereto. Upon giving effect to this AmendmentOn the Second Amendment Effective Date, the outstanding Loans and Commitments of each such Exiting Lender under the Credit Agreement shall be fully assigned at part par to the other Lenders party hereto to the extent necessary such that after giving effect thereto, the Commitments (and related Loans) shall be held by the non-Lenders that are not Exiting Lenders according to Schedule 2.01 of the Amended Credit Agreement1.1A hereto, provided that interest and fees that have accrued for the account of the such Exiting Lenders Lender prior to the effectiveness of this Second Amendment Effective Date will be paid to such Exiting LendersLender, and each such Exiting Lender shall cease to be a Lender under the Credit AgreementAgreement as of the Second Amendment Effective Date. The assignment effected by this Section shall be an assignment for all purposes of the Credit Agreement and be deemed to have been consummated in accordance with Section 11.06 10.6 of the Amended Credit Agreement.
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Exiting Lenders. Each of the entities executing this Amendment under the heading “Exiting Lenders”, each in its capacity as an existing Lender under the Credit Agreement (an “Exiting Lender”), is signing this Amendment for the sole purpose of amending the Credit Agreement and assigning its Commitments and outstanding Loans to the other Lenders party hereto. Upon giving effect to this Amendment, the outstanding Loans and Commitments of each Exiting Lender under the Credit Agreement shall be fully assigned at part par to the other Lenders party hereto to the extent necessary such that after giving effect thereto, the Commitments (and related Loans) shall be held by the non-Exiting Lenders according to Schedule 2.01 of the Amended Credit Agreementhereto, provided that interest and fees that have accrued for the account of the Exiting Existing Lenders prior to the effectiveness of this Amendment will be paid to such Exiting Lenders, and each Exiting Lender shall cease to be a Lender under the Credit Agreement. The assignment effected by this Section shall be an assignment for all purposes of the Credit Agreement and be deemed to have been consummated in accordance with Section 11.06 of the Amended Credit Agreement11.06.
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Samples: Credit Agreement (Flowserve Corp)