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 Commitments, then such New Lender, the Loan Parties and the Agent shall execute a Lender Joinder and Assumption Agreement in substantially the form of Exhibit 2.10(B), pursuant to which the New Lender shall join and become a party to this Agreement and the other Loan Documents effective on the Commitment Increase Date with a Commitment in the amount set forth in Schedule 1.1(B) to such Lender Joinder and Assumption Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P), 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 Commitments, then such each New Lender, the Loan Parties and the Agent shall execute a Lender Joinder and Assumption Agreement in substantially the form of Exhibit 2.10(B)2.12.1-2 hereto, pursuant to which the New Lender shall join and become a party to this Agreement and the other Loan Credit Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule 1.1(B) I to such Lender Joinder and Assumption Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises 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 such 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 2.10(B)Agent, pursuant to which the New Lender shall join and become a party to this Agreement and the any other Loan Documents as applicable, effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule 1.1(B) I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 2 contracts

Samples: Credit Agreement (Rhino Resource Partners LP), Credit Agreement (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 such 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 2.10(B)Agent, pursuant to which the New Lender shall join and become a party to this Agreement and the other Loan Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule 1.1(B) 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 Commitments, then such 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 2.10(B)Agent, pursuant to which the New Lender shall join and become a party to this Agreement and the other Loan Documents effective on the Revolving Credit Commitment Increase Date with a Revolving Credit Commitment in the amount set forth in Schedule 1.1(B) I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 1 contract

Samples: Credit Agreement (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 Term Loan Commitments, then such 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 2.10(B)Administrative Agent, pursuant to which the New Lender shall join and become a party to this Agreement and the any other Loan Documents as applicable, effective on the Term Loan Commitment Increase Date with a Term Loan Commitment in the amount set forth in Schedule 1.1(B) I to such Lender Joinder joinder and Assumption Agreementassumption agreement.

Appears in 1 contract

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

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