Common use of Notification by Administrative Agent; Additional Purchasers Clause in Contracts

Notification by Administrative Agent; Additional Purchasers. The Administrative Agent shall notify the Sellers and each Purchaser of the Purchasers’ responses to each request made hereunder. To the extent that the existing Purchasers do not agree to the full amount of a requested increase, in order to achieve the full amount of such requested increase and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld), the Seller Representative may also invite additional financial institutions (each, a “New Purchaser”) to become Purchasers pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel; provided that the Commitment of each New Purchaser shall be at least $50,000,000.

Notification by Administrative Agent; Additional Purchasers. The Administrative Agent shall notify the Sellers and each Purchaser of the Purchasers’ responses to each request made hereunder. To the extent that the existing Purchasers do not agree to the full amount of a requested increase, in order to achieve the full amount of such requested increase and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld), the Seller Representative may also invite additional financial institutions (each, a “New Purchaser”) to become Purchasers pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counsel; provided that (i) the Commitment of each New Purchaser shall be at least $50,000,00025,000,000 and (ii) no New Purchaser may join this Agreement unless an Administration Fee Letter shall be in effect.