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

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent, the L/C-BA Issuer and the Swing Line Lender (which approvals shall not be unreasonably withheld or delayed), the Borrowing Agent may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 3 contracts

Samples: Credit Agreement (World Fuel Services Corp), Credit Agreement (World Fuel Services Corp), Credit Agreement (World Fuel Services Corp)

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Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Borrower and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Swingline Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent Borrower may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement (“New Revolving Lenders”) in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 2 contracts

Samples: Credit Agreement (RigNet, Inc.), Credit Agreement (RigNet, Inc.)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent, the L/C-BA Issuer and the Swing Line Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 2 contracts

Samples: Credit Agreement (World Fuel Services Corp), Credit Agreement (World Fuel Services Corp)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Borrowers and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Swingline Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent Borrowers may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement (“New Revolving Lenders”) in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 2 contracts

Samples: Credit Agreement (Chase Corp), Credit Agreement (Chase Corp)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Borrower and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Swingline Lender (which approvals shall such approval not to be unreasonably withheld or delayedwithheld), the Borrowing Agent Borrower may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement (“New Revolving Lenders”) in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Chase Borrower and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Swingline Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent Chase Borrower may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Chase Corp)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Company and each Revolving Lender of the Revolving Lenders' responses to each request made hereunder. To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent, the Swing Line Lender, the Offshore Currency Funding Fronting Lender and the L/C-BA C Issuer and the Swing Line Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent Company may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Stryker Corp)

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Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Borrower and each applicable Revolving Lender of the applicable Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent Borrower may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counselAgent.

Appears in 1 contract

Samples: Credit Agreement (Coinstar Inc)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Borrower and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Lender (which approvals shall such approval not to be unreasonably withheld or delayedwithheld), the Borrowing Agent Borrower may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement (“New Revolving Lenders”) in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Powersecure International, Inc.)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Company and each applicable Revolving Lender of the applicable Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase increase, and subject to the approval of the Administrative Agent, the L/C-BA C Issuer and the Swing Line Lender (which approvals shall not be unreasonably withheld or delayedwithheld), the Borrowing Agent Company may also invite additional Eligible Assignees able to lend in the applicable currencies to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counselAgent.

Appears in 1 contract

Samples: Credit Agreement (Outerwall Inc)

Notification by Administrative Agent; Additional Revolving Lenders. The Administrative Agent shall notify the Borrowing Agent Company and each Revolving Lender of the Revolving Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent, the L/C-BA Issuer C Issuers and the Revolving Swing Line Lender (which approvals shall not be unreasonably withheld or delayed), the Borrowing Agent Company may also invite additional Eligible Assignees to become Revolving Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Asbury Automotive Group Inc)

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