Common use of Non-Pro Rata Clause in Contracts

Non-Pro Rata. For the avoidance of doubt, Borrower may request that one or more Lenders provide a Facility Increase on a non-pro rata basis, provided that (x) no Lender shall be required to increase its Commitment, (y) Subsequent Lenders may join this Agreement to provide Commitments as set forth above and (c) no consent shall be required in connection with any Facility Increase other than that of Borrower and the Lenders providing the Commitments therefor.

Appears in 8 contracts

Samples: Loan and Security Agreement (Eightco Holdings Inc.), Loan and Security Agreement (Eightco Holdings Inc.), Loan and Security Agreement (Eightco Holdings Inc.)

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Non-Pro Rata. For the avoidance of doubt, Borrower may request that one or more Lenders provide a Facility Increase an increase on a non-pro rata basis, provided that (x) no Lender shall be required to increase its Commitment, (y) Subsequent Lenders may join this Credit Agreement to provide Commitments as set forth above and (c) no consent shall be required in connection with any Facility Increase increase other than that of Borrower and the Subsequent or Increasing Lenders providing the Commitments therefor.

Appears in 1 contract

Samples: Credit Agreement (Landsea Homes Corp)

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