Common use of New Lenders—Joinder Clause in Contracts

New Lenders—Joinder. If the Borrower desires that one or more New Lenders provide all or a portion of such increase in Revolving Credit Commitments, then each New Lender, the Loan Parties and the Agent shall execute a Lender Joinder and Assumption Agreement in substantially the form of Exhibit 2.12.1-2 hereto, pursuant to which the New Lender shall join and become a party to this Agreement and the other Credit Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule I to such Lender Joinder and Assumption Agreement.

Appears in 3 contracts

Samples: Revolving Credit Facility (Hovnanian Enterprises Inc), Revolving Credit Facility (Hovnanian Enterprises Inc), Revolving Credit Facility (Hovnanian Enterprises Inc)

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New Lenders—Joinder. If the Borrower desires that one or more New Lenders provide all or a portion of such increase in Revolving Credit Commitments, then each such New Lender, the Loan Parties and the Agent shall execute a Lender Joinder and Assumption Agreement in substantially the form of Exhibit 2.12.1-2 hereto2.10(B), pursuant to which the New Lender shall join and become a party to this Agreement and the other Credit Loan Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule I 1.1(B) to such Lender Joinder and Assumption Agreement.

Appears in 3 contracts

Samples: Revolving Credit Facility (Penn Virginia Resource Partners L P), Revolving Credit Facility (Penn Virginia Resource Partners L P), Revolving Credit Facility (Penn Virginia Resource Partners L P)

New Lenders—Joinder. If the Borrower desires that one or more New Lenders provide all or a portion of such increase in Revolving Credit Commitments, then each New Lender, the Loan Parties and the Agent shall execute a Lender Joinder joinder and Assumption Agreement in substantially assumption agreement, acceptable to the form of Exhibit 2.12.1-2 heretoAgent, pursuant to which the New Lender shall join and become a party to this Agreement and the any other Credit Loan Documents as applicable, effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 2 contracts

Samples: Credit Agreement (Rhino Resource Partners LP), Senior Secured Revolving Credit Facility (Rhino Resource Partners, L.P.)

New Lenders—Joinder. If the Borrower desires that one or more New Lenders provide all or a portion of such increase in Revolving Credit Commitments, then each New Lender, the Loan Parties and the Agent shall execute a Lender Joinder joinder and Assumption Agreement in substantially assumption agreement, acceptable to the form of Exhibit 2.12.1-2 heretoAgent, pursuant to which the New Lender shall join and become a party to this Agreement and the other Credit Loan Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Resource Partners L P)

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New Lenders—Joinder. If the Borrower desires that one or more New Lenders provide all or a portion of such increase in Revolving Credit Term Loan Commitments, then each New Lender, the Loan Parties and the Administrative Agent shall execute a Lender Joinder joinder and Assumption Agreement in substantially assumption agreement, acceptable to the form of Exhibit 2.12.1-2 heretoAdministrative Agent, pursuant to which the New Lender shall join and become a party to this Agreement and the any other Credit Loan Documents as applicable, effective on the Revolving Credit Term Loan Commitment Increase Date with a Revolving Credit Term Loan Commitment in the amount set forth in Schedule I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 1 contract

Samples: Credit Agreement (O'Gara Group, Inc.)

New Lenders—Joinder. If the Borrower desires that one or more New Lenders provide all or a portion of such increase in Revolving Credit Commitments, then each New Lender, the Loan Parties and the Agent shall execute a Lender Joinder joinder and Assumption Agreement in substantially assumption agreement, acceptable to the form of Exhibit 2.12.1-2 heretoAgent, pursuant to which the New Lender shall join and become a party to this Agreement and the other Credit Loan Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Resource Partners L P)

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