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 deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract Rate.
Appears in 3 contracts
Samples: Amendment No. 2 (JELD-WEN Holding, Inc.), Revolving Credit Agreement (JELD-WEN Holding, Inc.), Amendment No. 1 (JELD-WEN Holding, Inc.)
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 or Sterling deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract the applicable Non-Prime Rate.
Appears in 2 contracts
Samples: Credit Agreement (MDC Partners Inc), Credit Agreement (MDC Partners Inc)
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 deposits or Dollar deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract the Non-Base Rate.
Appears in 1 contract
Samples: Credit Agreement (Manitowoc Co Inc)
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 deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract the applicable Eurodollar Rate.
Appears in 1 contract
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 deposits in the applicable Currency to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract the applicable Eurocurrency Rate, Adjusted Term SOFR, or Daily Simple RFR.
Appears in 1 contract
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 eurodollareurocurrency deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract Rate.
Appears in 1 contract
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 deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at any Contract the LIBORAdjusted Term SOFR or the Term SOFR Reference Rate.
Appears in 1 contract
Samples: Abl Credit and Guarantee Agreement (Janus International Group, Inc.)
