Common use of Incremental Revolving Commitments Clause in Contracts

Incremental Revolving Commitments. i. The parties hereto hereby acknowledge and agree that the revolving commitments established on the Increased Amount Date (the “Incremental Revolving Commitments”) shall not constitute a separate Class of Revolving Commitments, but shall instead be part of the same Class as the Revolving Commitments made on the Restatement Date. Each of the parties hereto hereby agrees that the Administrative Agent may take any and all action as may be reasonably necessary to ensure that all such Incremental Revolving Commitments may be treated as Revolving Commitments for all purposes under the Loan Documents. ii. The Incremental Revolving Commitments shall terminate on the U.S. Revolving Commitment Termination Date.

Appears in 2 contracts

Samples: Joinder Agreement (Fmsa Holdings Inc), Joinder Agreement (Fmsa Holdings Inc)

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