Common use of Immediately upon each Assignee's making Clause in Contracts

Immediately upon each Assignee's making. its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender pro tanto.

Appears in 1 contract

Samples: Intercreditor Agreement (Boston Chicken Inc)

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Immediately upon each Assignee's making. its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments Commitment arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments Commitment of the assigning Lender Bank pro tanto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Plum Creek Timber Co Inc)

Immediately upon each Assignee's making. its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender Bank pro tanto.. --- -----

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Apw LTD)

Immediately upon each Assignee's making. its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments Commitment arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments Commitment of the assigning Lender pro tanto.

Appears in 1 contract

Samples: Credit Agreement (Us Can Corp)

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Immediately upon each Assignee's making. its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment Commitments allocated to each Assignee shall reduce such Commitments of the assigning Lender pro tanto.

Appears in 1 contract

Samples: Credit Agreement (Max Re Capital LTD)

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