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

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel.

Appears in 9 contracts

Samples: Credit Agreement (Einstein Noah Restaurant Group Inc), Credit Agreement (NOODLES & Co), Credit Agreement (NOODLES & Co)

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Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower Company and each Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower Company may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel.

Appears in 5 contracts

Samples: Credit Agreement (Greif Inc), Credit Agreement (Greif Inc), Credit Agreement (Greif Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower Borrowers and each Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower Borrowers may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel.

Appears in 5 contracts

Samples: Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower Company and each Term Lender of the Term Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increaseIncremental Term Facility, and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld)Agent, the Borrower Company may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement (“New Term Lenders”) in form and substance satisfactory to the Administrative Agent and its counsel.

Appears in 3 contracts

Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each applicable Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become Term Loan A Lenders or Term Loan B Lenders, as applicable, pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel.

Appears in 3 contracts

Samples: Credit Agreement (Mueller Water Products, Inc.), Credit Agreement (Mueller Water Products, Inc.), Credit Agreement (Mueller Water Products, Inc.)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increaseIncremental Term Facility, and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld)Agent, the Borrower may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement (“New Term Lenders”) in form and substance satisfactory to the Administrative Agent and its counsel.

Appears in 2 contracts

Samples: Assignment and Assumption (Helix Energy Solutions Group Inc), Assignment and Assumption (Helix Energy Solutions Group Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and its counselAgent.

Appears in 2 contracts

Samples: Credit Agreement (Universal American Financial Corp), First Lien Senior Secured Credit Agreement (WII Components, Inc.)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term applicable Lender of the Term applicable Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increaseAdditional Term Facility, and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become participate in an Additional Term Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counselFacility.

Appears in 1 contract

Samples: Credit Agreement (Coinstar Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term 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 and the Issuing Bank (which approval approvals shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become Term 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 (Triple Crown Media, Inc.)

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Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees Assignees, or any other financial institution reasonably acceptable to the Administrative Agent (together with any existing Term Lender participating in any such increase, each, an “Increasing Term Lender”) to become Term 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 (Athenahealth Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower Borrowers and each Term Lender of the Term 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 (which approval shall not be unreasonably withheld), the Borrower Borrowers may also invite additional Eligible Assignees to become Term Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel.. 91

Appears in 1 contract

Samples: Credit Agreement (Novanta Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term relevant 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 (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees Assignees, or any other financial institution reasonably acceptable to the Administrative Agent (together with any existing Term Lender participating in any such increase, each, an “Increasing Term Lender”) to become Term 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 (Athenahealth Inc)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower and each Term Lender of the Term Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increaseAdditional Term Facility, and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become participate in an Additional Term Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counselFacility.

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

Notification by Administrative Agent; Additional Term Lenders. The Administrative Agent shall notify the Borrower Parent and each Term Lender of the Term 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 and the L/C Issuers (which approval approvals shall not be unreasonably withheld), the Borrower Parent may also invite additional Eligible Assignees to become Term 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 (Ipsco Inc)

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