No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 242 contracts
Samples: Asset Based Revolving Credit Agreement (Cleveland-Cliffs Inc.), Credit Agreement (Vector Group LTD), Credit Agreement
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate. The provisions of this Section shall apply as if each Lender or its Participants had match funded any Obligation as to which interest is accruing at the LIBOR Rate by acquiring eurodollar deposits for each Interest Period in the amount of the LIBOR Rate Loans.
Appears in 137 contracts
Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 10 contracts
Samples: Term Loan Credit Agreement (Cross Country Healthcare Inc), Abl Credit and Guarantee Agreement (Janus International Group, Inc.), Credit Agreement (Thryv Holdings, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR LIBORAdjusted Term SOFR or the Term SOFR Reference Rate.
Appears in 8 contracts
Samples: Loan and Security Agreement (LSB Industries, Inc.), Credit Agreement (Insteel Industries Inc), Credit Agreement (Liberty Energy Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation Advance as to which interest accrues at by reference to the LIBOR Rate.
Appears in 7 contracts
Samples: Loan Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Capital, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither any Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 3 contracts
Samples: Credit Agreement (Arc Document Solutions, Inc.), Credit Agreement (American Reprographics CO), Credit Agreement (Coleman Cable, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits or any other Applicable Currency deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 3 contracts
Samples: Credit Agreement (Concrete Pumping Holdings, Inc.), Credit Agreement (Concrete Pumping Holdings, Inc.), Credit Agreement (Concrete Pumping Holdings, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation Revolving Advance as to which interest accrues at by reference to the LIBOR Rate.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Capital, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate. The provisions of this Section shall apply as if each Lender had match funded any Obligation as to which interest is accruing at the LIBOR Rate by acquiring eurodollar deposits for each Interest Period in the amount of the LIBOR Rate Loans.
Appears in 2 contracts
Samples: Credit Agreement (Hawaiian Holdings Inc), Credit Agreement (Hawaiian Holdings Inc)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at Term SOFR or the LIBOR LIBORTerm SOFR Reference Rate.
Appears in 2 contracts
Samples: Credit Agreement (Sharecare, Inc.), Amendment to Loan Documents (Nautilus, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Index Rate.
Appears in 2 contracts
Samples: Debtor in Possession Credit Agreement, Senior Secured, Priming and Superpriority Debtor in Possession Credit Agreement
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateDaily One Month LIBOR.
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar Eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at based on the LIBOR Rate.
Appears in 1 contract
Samples: Loan and Security Agreement (NewStar Financial, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither none of Agent, nor any Lender, nor any of their Participants, Participants is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate; provided that, for the avoidance of doubt, neither Agent nor any Lender shall assert or be entitled to any Funding Losses in respect of LIBOR Rate Loans with respect to which Agent or such Lender did not actually acquire Eurodollar deposits to fund or otherwise match fund.
Appears in 1 contract
Samples: Credit Agreement (Stock Building Supply Holdings, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither U.S. Agent, nor any U.S. Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any U.S. Obligation as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
Samples: Credit Agreement (Seitel Inc)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Revolving Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar Euro deposits or Sterling deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateRate or Daily One Month LIBOR.
Appears in 1 contract
Samples: Credit Agreement (McClatchy Co)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their its Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at based on the LIBOR Rate.
Appears in 1 contract
Samples: Loan and Security Agreement (Marlin Business Services Corp)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is actually required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateRate and each Lender may fund each of its LIBOR Rate Loans in any manner it sees fit.
Appears in 1 contract
Samples: Credit Agreement (Intapp, Inc.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither no Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
Samples: Senior Revolving Credit Agreement (Bumble Bee Capital Corp.)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.”
Appears in 1 contract
Samples: Credit Agreement (BOISE CASCADE Co)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.. Table of Contents
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateDaily One Month LIBOR.
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate or LIBOR Index Rate.
Appears in 1 contract
Samples: Abl Credit Agreement (Cross Country Healthcare Inc)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, Lender nor any of their its Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at by reference to the LIBOR Rate.
Appears in 1 contract
Samples: Loan and Security Agreement (Fortegra Financial Corp)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither the Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar Eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
Samples: Abl Credit and Guarantee Agreement (ATI Intermediate Holdings, LLC)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.. The provisions of this Section 2.13 shall apply as if each Lender or its
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar or Sterling deposits to fund or otherwise match fund any Obligation as to which interest accrues at the applicable LIBOR Rate.
Appears in 1 contract
Samples: Credit Agreement (Ciber Inc)
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither none of Agent, nor any Lender, nor any or of their respective Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation Advance as to which interest accrues at the LIBOR Rate.
Appears in 1 contract
Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to <acquire eurodollar deposits to fund or otherwise >match fund any Obligation as to which interest accrues at the LIBOR RateDaily <One Month LIBOR.>
Appears in 1 contract
No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate or the Term Loan LIBOR Rate.
Appears in 1 contract
