Common use of New Borrowers Clause in Contracts

New Borrowers. Any newly-created or newly-acquired Subsidiaries shall become Borrowers hereunder by signing Notes, entering into an amendment to this Agreement with the other parties hereto providing that such Subsidiary shall become a Borrower hereunder, and providing such other documentation as the Banks or the Agent may reasonably request including, without limitation, documentation with respect to conditions noted in 10 hereof. In such event, the Agent is hereby authorized by the parties to amend Schedule 1 hereto to include such Subsidiary as a Borrower hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Casella Waste Systems Inc)

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New Borrowers. Any newly-created or newly-acquired Subsidiaries shall become Borrowers hereunder by signing Notes, entering into an amendment to this Agreement with the other parties hereto providing that such Subsidiary shall become a Borrower hereunder, entering into an amendment to the Security Agreement to become a party thereto, and providing such other documentation as the Banks or the Agent may reasonably request including, without limitation, documentation with respect to conditions noted in 10 Section 7 hereof. In such event, the Agent is hereby authorized by the parties to amend Schedule 1 hereto to include such Subsidiary as a Borrower hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

New Borrowers. Any newly-created or newly-acquired Subsidiaries of any Borrower shall become Borrowers hereunder by signing Notesthe Note, entering into an amendment to this Agreement with the other parties hereto providing that such Subsidiary shall become a Borrower hereunder, entering into an amendment to the Security Agreement to become a party thereto, and providing such other documentation as the Banks or the Agent Bank may reasonably request including, without limitation, documentation with respect to conditions noted in 10 Section 7 hereof. In such event, the Agent Bank is hereby authorized by the parties to amend Schedule 1 hereto to include such Subsidiary as a Borrower hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

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New Borrowers. Any newly-created or newly-acquired Subsidiaries shall become Borrowers hereunder by signing Notes, entering into an amendment to this Agreement with the other parties hereto providing that such Subsidiary shall become a Borrower hereunder, and providing such other documentation as the Banks or the Agent may reasonably request including, without limitation, documentation with respect to conditions noted in 10 ss.10 hereof. In such event, the Agent is hereby authorized by the parties to amend Schedule 1 hereto to include such Subsidiary as a Borrower hereunder.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc)

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