Common use of Incremental Increase Effective Date and Allocations Clause in Contracts

Incremental Increase Effective Date and Allocations. The Administrative Agent and the Borrower shall determine the effective date (each, an “Incremental Increase Effective Date”) and the final allocation of such Incremental Increase. The Administrative Agent shall promptly notify the Borrower and the Incremental Lenders of the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof) and the Incremental Increase Effective Date.

Appears in 7 contracts

Samples: Credit Agreement (Gray Television Inc), Credit Agreement (Gray Television Inc), Credit Agreement (Gray Television Inc)

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Incremental Increase Effective Date and Allocations. The Administrative Agent Agents and the Borrower shall determine the effective date of the Incremental Increase (each, an the “Incremental Increase Effective Date”) and the final allocation of such Incremental Increase). The Administrative Agent Agents shall promptly notify the Borrower and the Incremental Lenders of the final allocation of such the Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof) ). Agents shall promptly notify Borrower and the Incremental Lenders of the final allocation of the Incremental Increases and the Incremental Increase Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Acreage Holdings, Inc.)

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