Lender Elections to Increase; Additional Lenders. The Borrower and Administrative Agent may arrange for any such increase to be provided by one or more Lenders, or by invitation to one or more new banks, financial institutions or other entities (each such new bank, financial institution or other entity, an “Augmenting Lender”; provided that no Augmenting Lender may be a natural person, a Defaulting Lender, the Borrower or any of the Borrower’s Affiliates or Subsidiaries) to become Lenders hereunder, subject to the approval of the Administrative Agent, the L/C Issuers and the Swing Line Lender (which approvals shall not be unreasonably withheld or delayed), pursuant to a joinder agreement and other related documentation in form and substance satisfactory to the Administrative Agent and its counsel. No Lender shall be required to participate in any such increase.
Appears in 4 contracts
Samples: Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.)
