Common use of New Lender Joinder Clause in Contracts

New Lender Joinder. Effective as of the Agreement Date, the Parties hereby agree that the New Lender is hereby joined as a lender, bank, lending party or other similar party under the Credit Agreement with all the rights and obligations of a lender, bank, lending party or other similar party, as applicable, thereunder, in each case other than with respect to any Other Tranche, if applicable. Effective as of the Agreement Date, the New Lender agrees to be bound by all of the provisions of the Credit Agreement applicable to lenders, banks, lending parties or other similar parties thereunder generally with the same effect as if it were an original signatory to the Credit Agreement, in each case other than with respect to any Other Tranche, if applicable. The Borrower and each other Loan Party hereby agrees to treat the New Lender as a direct owner of the relevant portion of the Main Street Term Loans in accordance with the terms of this Agreement.

Appears in 8 contracts

Samples: Lender Agreement, www.bostonfed.org, www.bostonfed.org

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New Lender Joinder. Effective as of the Agreement Date, the Parties hereby agree that the New Lender is hereby xxxxxx joined as a lender, bank, lending party or other similar party under the Credit Agreement with all the rights and obligations of a lender, bank, lending party or other similar party, as applicable, thereunder, in each case other than with respect to any Other Tranche, if applicable. Effective as of the Agreement Date, the New Lender agrees to be bound by all of the provisions of the Credit Agreement applicable to lenders, banks, lending parties or other similar parties thereunder generally with the same effect as if it were an original signatory to the Credit Agreement, in each case other than with respect to any Other Tranche, if applicable. The Borrower and each other Loan Party hereby agrees to treat the New Lender as a direct owner of the relevant portion of the Main Street Term Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: www.olshanlaw.com

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