Common use of New Loan Lenders Clause in Contracts

New Loan Lenders. Each New Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of [Incremental Term Loans] and/or [Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase], as the case may be, that such New Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]3

Appears in 2 contracts

Samples: Security Agreement (Energy Future Competitive Holdings Co LLC), Security Agreement (Energy Future Competitive Holdings Co LLC)

AutoNDA by SimpleDocs

New Loan Lenders. Each New Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of [Incremental New Revolving Loans and/or Series [ ] New Term Loans] and/or [Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase], as the case may be, that such New Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]3thereunder.](3)

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Holdco LLC)

New Loan Lenders. Each New Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of [Revolving Commitment Increases and/or Series [ ] Incremental Term Loans] and/or [Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase], as the case may be, that such New Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]3thereunder.]1 1 Insert bracketed language if the lending institution is not already a Lender.

Appears in 1 contract

Samples: Security Agreement (Health Management Associates Inc)

New Loan Lenders. Each New Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of [Incremental New Revolving Loans and/or Series [ ] New Term Loans] and/or [Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase], as the case may be, that such New Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]3thereunder.]2

Appears in 1 contract

Samples: Security Agreement (Serena Software Inc)

AutoNDA by SimpleDocs

New Loan Lenders. Each New Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of New Revolving Loans and/or Series [Incremental ________] New Term Loans] and/or [Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase], as the case may be, that such New Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]3

Appears in 1 contract

Samples: Credit Agreement (RBC Bearings INC)

New Loan Lenders. Each New Loan Lender acknowledges and agrees that upon its execution of this Agreement and the making of [Incremental Series [ ] New Term Loans] Loans and/or [establishment of New Revolving Credit Loans pursuant to an Incremental Commitments or Additional Revolving Commitment Increase]Credit Commitments, as the case may be, that such New Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]3

Appears in 1 contract

Samples: Credit Agreement (GoDaddy Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.