Common use of No Lender is an Employee Benefit Plan Clause in Contracts

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

Appears in 4 contracts

Samples: Credit Agreement (Hunt J B Transport Services Inc), Credit Agreement (Hunt J B Transport Services Inc), Credit Agreement (Lowes Companies Inc)

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No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger and their respective AffiliatesAgent, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

Appears in 3 contracts

Samples: Credit Agreement (Lowes Companies Inc), Credit Agreement (Lowes Companies Inc), Credit Agreement (Lowes Companies Inc)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each the Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

Appears in 2 contracts

Samples: Bridge Credit Agreement (Tetra Tech Inc), Bridge Credit Agreement

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger the Arrangers and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the any Borrower or any other Loan Party, that at least one of the following is and will be true:

Appears in 2 contracts

Samples: Credit Agreement (Tetra Tech Inc), Credit Agreement (Tetra Tech Inc)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each other Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Teradata Corp /De/), Assignment and Assumption (Teradata Corp /De/)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger the Arrangers and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan PartyBorrower, that at least one of the following is and will be true:

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Toro Co), Term Loan Credit Agreement (Toro Co)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger the Arrangers and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower Toro or any other Loan Party, that at least one of the following is and will be true:

Appears in 2 contracts

Samples: Credit Agreement (Toro Co), Credit Agreement (Toro Co)

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No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger and their respective AffiliatesAgent, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan PartyBorrower, that at least one of the following is and will be true:

Appears in 1 contract

Samples: Credit Agreement (Lowes Companies Inc)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each Arranger the Arrangers and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan PartyCompany, that at least one of the following is and will be true:

Appears in 1 contract

Samples: Credit Agreement (Fortive Corp)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and each the Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan PartyBorrower, that at least one of the following is and will be true:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Toro Co)

No Lender is an Employee Benefit Plan. (a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, warrants to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party heretoto the Credit Agreement, for the benefit of, the Administrative Agent and each the Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower Borrowers or any other Loan Party, that at least one of the following is and will be true:

Appears in 1 contract

Samples: Credit Agreement (Granite Construction Inc)

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