Common use of Lender Not Consenting Clause in Contracts

Lender Not Consenting. If by any Extension Consent Date the Borrower and the Administrative Agent have not received an Extension Consent from any Lender, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Loans made by such Lender, all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the Termination Date applicable to it. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(j) or 2.1(k), the Aggregate Revolving Committed Amount shall be reduced by the amount of such terminated Commitment, and the Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount after giving effect to such reduction.

Appears in 2 contracts

Samples: Credit Agreement (Dial Corp /New/), Day Credit Agreement (Dial Corp /New/)

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Lender Not Consenting. If by any Loan Extension Consent Date the Borrower and the Administrative Agent have not received an a Loan Extension Consent from any Lender, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Loans made by such Lender, Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the such Termination Date applicable to itDate. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(j) or 2.1(kSection 4.14(iv), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of “Commitment Percentage” unless an Additional Lender is added as provided in Section 4.14 (iv).

Appears in 2 contracts

Samples: Credit Agreement (Cemex Sa De Cv), Credit Agreement (Cemex Sa De Cv)

Lender Not Consenting. If by any Extension Consent Date the Borrower and the Administrative Agent have not received an Extension Consent from any Participating Lender, the Termination Date, as it relates to such Participating Lender, shall not be extended, the Commitment of such Participating Lender shall terminate on the Termination Date applicable to it and any Loans or Standby L/C, as applicable, made by such Lender, Participating Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the such Termination Date applicable to itDate. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(j4.02(e) or 2.1(k4.02(f), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of “Commitment Percentage”.

Appears in 2 contracts

Samples: Credit Agreement (Cemex Sa De Cv), Credit Agreement (Cemex Sa De Cv)

Lender Not Consenting. If by any Extension Consent Date the Borrower and the Administrative Agent have not received an Extension Consent from any Lender, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Loans made by such Lender, Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the such Termination Date applicable to itDate. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(jSubsections 2.1(k) or 2.1(k2.1(l), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Revolving Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of "Revolving Commitment Percentage".

Appears in 1 contract

Samples: Credit Agreement (Universal Corp /Va/)

Lender Not Consenting. If by any Extension Consent Date Lender does not timely agree in writing to extend the Borrower and the Administrative Agent have not received an Extension Consent from any LenderTermination Date, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Revolving Loans made by such Lender, Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the Termination Date applicable to it. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(j) or Subsections 2.1(k), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Revolving Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of "Revolving Commitment Percentage".

Appears in 1 contract

Samples: Credit Agreement (Railworks Corp)

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Lender Not Consenting. If by any Extension Consent Date the Borrower --------------------- and the Administrative Agent have not received an Extension Consent from any Lender, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Loans made by such Lender, Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the such Termination Date applicable to itDate. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections Subsections 2.1(j) or 2.1(k), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Revolving Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of "Revolving Commitment Percentage".

Appears in 1 contract

Samples: Credit Agreement (Just for Feet Inc)

Lender Not Consenting. If by any Extension Consent Date the Borrower and the Administrative Agent have not received an Extension Consent from any Lender, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Loans made by such Lender, Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the Termination Maturity Date applicable to it. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(jSubsections 2.1(k) or 2.1(k2.1(l), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Revolving Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of "Revolving Commitment Percentage".

Appears in 1 contract

Samples: Day Credit Agreement (Universal Corp /Va/)

Lender Not Consenting. If by any Extension Consent Date the Borrower and the Administrative Agent have not received an Extension Consent from any Lender, the Termination Date, as it relates to such Lender, shall not be extended, the Commitment of such Lender shall terminate on the Termination Date applicable to it and any Loans made by such Lender, Lender and all accrued and unpaid interest thereon and all other amounts due under this Credit Agreement to such Lender shall be due and payable on the such Termination Date applicable to itDate. Upon the termination of the Commitment of any such Lender, unless this Credit Agreement is amended as provided in Sections 2.1(j) or 2.1(kSection 3.13(iv), the Aggregate Revolving Committed Amount aggregate amount of the Commitments shall be reduced by the amount of such terminated Commitment, and the Commitment Percentage of each other Lender shall be adjusted to that percentage obtained by dividing the Commitment of such Lender by the Aggregate Revolving Committed Amount aggregate amount of the Commitments after giving effect to such reductionreduction as provided in the definition of “Commitment Percentage” unless an Additional Lender is added as provided in Section 3.13 (iv).

Appears in 1 contract

Samples: Credit Agreement (Cemex Sa De Cv)

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