Common use of Incremental Effective Date Clause in Contracts

Incremental Effective Date. The Incremental Commitments shall be effected by a joinder agreement to this Agreement (the “Incremental Joinder Agreement”) executed by the Borrower, the Administrative Agent and each Lender making or providing such Incremental Commitment, in form and substance reasonably satisfactory to each of them, subject, however, to the satisfaction of the conditions precedent set forth in this Section 2.16. The Administrative Agent and the Borrower shall determine the effective date (each, an “Incremental Effective Date”) of any Incremental Commitments and the final allocation of such Incremental Commitments. The effectiveness of any such Incremental Commitments shall be subject to the satisfaction of the following conditions to the reasonable satisfaction of the Administrative Agent (and such other conditions as may be agreed by the Borrower, the Administrative Agent and the Lenders and other Persons making or providing such Incremental Commitment):

Incremental Effective Date. The Incremental Commitments shall be effected by a joinder agreement to this Agreement (the “Incremental Joinder Agreement”) executed by the BorrowerBorrowers, the Administrative Agent and each Lender making or providing such Incremental Commitment, in form and substance reasonably satisfactory to each of them, subject, however, to the satisfaction of the conditions precedent set forth in this Section 2.16. The Administrative Agent and the Borrower Borrowers shall determine the effective date (each, an “Incremental Effective Date”) of any Incremental Commitments and the final allocation of such Incremental Commitments. The effectiveness of any such Incremental Commitments shall be subject to the satisfaction of the following conditions to the reasonable satisfaction of the Administrative Agent (and such other conditions as may be agreed by the BorrowerBorrowers, the Administrative Agent and the Lenders and other Persons making or providing such Incremental Commitment):