Extended Revolving Commitments Sample Clauses

Extended Revolving Commitments. (a) The Borrowers may, with the consent of each Person providing an Extended Revolving Commitment, the Administrative Agent and any Person acting as swingline lender or issuing bank under such Extended Revolving Commitments, amend this Agreement pursuant to an Additional Credit Extension Amendment to provide for Extended Revolving Commitments and to incorporate the terms of such Extended Revolving Commitments into this Agreement on substantially the same basis as provided with respect to the applicable Revolving Commitments; provided that (i) the establishment of any such Extended Revolving Commitments shall be accompanied by a corresponding reduction in the Revolving Commitments of the applicable Class, (ii) any reduction in the applicable Revolving Commitments may, at the option of the Borrowers, be directed to a disproportional reduction of such Revolving Commitments of any Lender providing an Extended Revolving Commitment and (iii) any Extended Revolving Commitments provided pursuant to this clause (a) shall be in a minimum principal amount of $50,000,000 (or, if less, the entire remaining amount of such Class). (b) Extended Revolving Commitments shall be established pursuant to an Additional Credit Extension Amendment to this Agreement among the Borrowers, the Administrative Agent and each Lender providing an Extended Revolving Commitment which shall be consistent with the provisions set forth above (but which shall not require the consent of any other Lender other than those consents required pursuant to this Agreement). Each Additional Credit Extension Amendment shall be binding on the Lenders, the Loan Parties and the other parties hereto. In connection with any Additional Credit Extension Amendment, the Loan Parties and the Administrative Agent shall enter into such amendments to the Collateral Documents as may be reasonably requested by the Administrative Agent (which shall not require any consent from any Lender other than those consents provided pursuant to this Agreement) in order to ensure that the Extended Revolving Commitments are provided with the benefit of the applicable Collateral Documents and shall deliver such other documents, certificates and opinions of counsel in connection therewith as may be reasonably requested by the Administrative Agent. No Lender shall be under any obligation to provide any Extended Revolving Commitment. (c) The provisions of this Section 2.20 shall override any provision of Section 9.02 to the contrary.

Extended Revolving Commitments. The Borrower shall repay to the Lenders under any Extended Revolving Commitments on the Maturity Date applicable to the Loans under such Extended Revolving Commitments the aggregate principal amount of all Loans outstanding under such Extended Revolving Commitments on such date.

Extended Revolving Commitments. If the maturity date shall have occurred in respect of any tranche of Revolving Commitments at a time when another tranche or tranches of Revolving Commitments is or are in effect with a longer maturity date, then on the earliest occurring maturity date all then outstanding Swing Line Loans shall be repaid in full on such date (and there shall be no adjustment to the participations in such Swing Line Loans as a result of the occurrence of such maturity date); provided, however, that if on the occurrence of such earliest maturity date (after giving effect to any repayments of Committed Loans and any reallocation of Letter of Credit participations as contemplated in Section 2.03(g)), there shall exist sufficient unutilized Extended Revolving Commitments so that the respective outstanding Swing Line Loans could be incurred pursuant the Extended Revolving Commitments which will remain in effect after the occurrence of such maturity date, then there shall be an automatic adjustment on such date of the participations in such Swing Line Loans and same shall be deemed to have been incurred solely pursuant to the relevant Extended Revolving Commitments, and such Swing Line Loans shall not be so required to be repaid in full on such earliest maturity date.

Extended Revolving Commitments. (a) Each existing Revolving Lender that executes and delivers a signature page to this Agreement indicating that such Person is an “Accepting Revolving Lender” will have agreed to the terms of this Agreement upon the effectiveness of this Agreement on the Extension Agreement and Amendment Effective Date as an Accepting Revolving Lender. The Extended Revolving Commitments of any Accepting Revolving Lender will be the amount set forth opposite such Accepting Revolving Lender on Schedule 1.1A hereto. On and after the Extension Agreement and Amendment Effective Date, each reference in the Credit Agreement and this Agreement to (i) “Revolving Commitment” shall include the Extended Revolving Commitments as contemplated hereby and (ii) “Revolving Loan” shall include the Extended Revolving Loans as contemplated hereby.

Extended Revolving Commitments. Lender Extended Revolving Commitments

Extended Revolving Commitments. Without limiting the generality of the foregoing of Section 3.1, each Extending Lender agrees that (a) (i) the maturity date of the Revolving Loans held by it, and (ii) the termination date of the Revolving Commitments held by it as of the Effective Date shall, in each case, be extended to June 7, 2025 in accordance with the terms of the Amended Credit Agreement, (b) the Persons whose names are set forth on Schedule A to the Amended Credit Agreement under the heading “Non-Extending Lender” (each such person, a “Non-Extending Lender”) shall each be entitled to (i) receive and retain a non-pro rata payment (relative to the Extending Lenders) of all of the outstanding Revolving Loans and other Obligations held by and owed to the Non-Extending Lenders under the Amended Credit Agreement and the other Loan Documents and (ii) a permanent and non-pro rata reduction (relative to the Extending Lenders) in whole, of all of the Revolving Commitments held by the Non-Extending Lenders, in each case, on June 7, 2024 in accordance with the terms of the Amended Credit Agreement and (c) by entering into this Amendment, it represents and warrants for the benefit of Borrower and the Agent that no consent of any Participant is or was required to be obtained by such Extending Lender pursuant to Section 12.8.5 of the Amendment Credit Agreement in connection with the transactions contemplated hereby. 3.

Extended Revolving Commitments. The aggregate Amendment No. 6 Extended Revolving Commitments of all Revolving Lenders shall be $1,620,000,000 on the Amendment No. 6 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.

Extended Revolving Commitments. The aggregate Amendment No. 6 Extended Revolving Commitments of all Revolving Lenders shall be $1,620,000,000 on the Amendment No. 6 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement. On the Amendment No. 7 Effective Date, the Amendment No. 6 Extended Revolving Commitments shall be increased by the Amendment No. 7 Commitment and, on and after the Amendment No. 7 Effective Date, the Amendment No. 6 Extended Revolving Commitments as so increased by the Amendment No. 7 Commitment shall be referred to herein as the “Initial Revolving Commitment”.

Extended Revolving Commitments. Subject to the terms and conditions to the effectiveness in this Amendment, during the Revolving Commitment Period, each Lender executing this Amendment and identified on Appendix A to this Amendment (each, a “Revolving Lender”) severally represents, warrants, agrees, covenants and reaffirms its obligation to (i) make Revolving Loans to the Company in accordance with Section 2.2(a) of the Credit Agreement and in an aggregate amount up to but not exceeding such Lender’s Revolving Commitment as set forth on Appendix A to this Amendment, (ii) irrevocably purchase from Issuing Bank a participation in each Letter of Credit outstanding on the Second Amendment Effect Date or issued, extended or amended thereafter (and any drawings honoured under such Letters of Credit) in accordance with Section 2.4(e) of the Credit Agreement and (iii) irrevocably purchase from the Swing Line Lender a participation in each Swing Line Loan in accordance with Section 2.3(b)(vi) of the Credit Agreement. Each Credit Party hereby represents, warrants, agrees, covenants and reaffirms (1) that it is not aware of any defense, set off, claim or counterclaim against any Agent or Revolving Lender in regard to its obligations in respect of such Revolving Commitments and (2) its obligation to pay such obligations in respect of such Revolving Commitments in accordance with the terms and conditions of this Agreement and the other Credit Documents.

Extended Revolving Commitments