New Commitment. (i) Borrower hereby acknowledges and agrees that following satisfaction of all conditions precedent to the effectiveness of the Increase as provided in Section 5.08 of the Credit Agreement, the amount of each Bank’s Commitment shall be the amount set forth on Exhibit A attached hereto and the Total Revolving Loan Commitments under the Credit Agreement will include the Increase.
New Commitment. Pursuant to Section 2.1(e) of the Credit Agreement and subject to the terms and conditions hereof, the undersigned Xxxxxx hereby agrees to make the New Commitment to the Borrower effective on and as of the Increased Amount Date. The New Commitment shall constitute a “Commitment” for all purposes of the Credit Agreement and the other Transaction Documents, and the terms and provisions of the New Commitment shall be identical to the existing Commitments under the Credit Agreement.
New Commitment. The Acceding Bank undertakes to the Existing Banks, the Agent and the Borrower that it shall assume the New Obligations on and from the Accession Date.
New Commitment. Aggregate Commitments Aggregate Commitments Commitment of of all Lenders Prior to of all Lenders Including Pro Rata Share of New New Lender New Commitment New Commitment Lender Commitment $35,000,000 $330,000,000 $365,000,000 9.59%
New Commitment. (a) Facility: Revolving Credit Facility
New Commitment. (a) Schedule B of the Credit Agreement is deleted and replaced with the new Schedule B attached hereto as Exhibit "A".
New Commitment. (a) Subject to the terms and conditions hereof, the New Lender agrees to make revolving credit loans ("NEW LOANS") to the Borrower from time to time during the New Commitment Period in an aggregate principal amount at any one time outstanding which does not exceed the amount of the New Commitment. During the New Commitment Period the Borrower may use the New Commitment by borrowing, prepaying the New Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The New Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.5A and 2.11, PROVIDED that no New Loan shall be made as a Eurodollar Loan after the day that is one month prior to the Revolving Credit Termination Date.
New Commitment. (a) Subject to the terms and conditions of this Agreement, the Lender agrees to advance to Borrower from time to time during the period from and including the Closing Date to anytime at least 5 Business Days immediately prior to the Maturity Date loans in an aggregate principal amount of up to the New Commitment in immediately available funds. The Company shall repay the principal amount of such loans (collectively, the “New Commitment Loans”), together with all accrued and unpaid interest thereon, in full upon demand by Lender any time after the Maturity Date. The Company shall request each New Commitment Loan by delivering to the Lender: (i) an irrevocable written notice specifying; (ii) the principal amount of such requested New Commitment Loan which shall be in a minimum amount of $50,000 or an integral multiple of $25,000 in excess thereof; (iii) the date of the requested New Commitment Loan (which shall be a Business Day not sooner than 5 Business Days prior to the date of such notice); and (iv) a written certification from an executive officer of the Company certifying that, on and as of the date of the requested New Commitment Loan (I) the representations and warranties of Borrower contained in the Credit Documents remain true and correct in all material respects, and (II) no Event of Default has occurred or is continuing. Without the consent of the Lender, Borrower may not request more than one New Commitment Loan in any week. Borrower may repay the New Commitment Loans at any time without any penalty or premium. New Commitment Loans once repaid may be borrowed in the form of New Commitment Loans hereunder at any time prior to the Maturity Date, provided that the aggregate principal amount of all New Commitment Loans outstanding at any time shall not exceed the amount of the New Commitment.
New Commitment. 3.4 The Company hereby agrees to take all reasonable steps and use all reasonable endeavours to accommodate any new Commitment of the EIB for the account of the EU Commission, whether by way of an increase of an existing Commitment in a Compartment in which the EIB is already invested for the account of the EU Commission, or by way of a Commitment in a new Compartment. Appointment, replacement or revocation of one or more Directors
New Commitment. Aggregate Commitments Aggregate Commitments Pro Rata Share of Commitment of Increasing of all Lenders Prior to of all Lenders Including Increasing Lender Lender Increased Commitment Increased Commitment Commitment $22,500,000 $ 365,000,000 $ 375,000,000 6.000000000 %
