Common use of Participating Lender's Accordion Facility Commitment Clause in Contracts

Participating Lender's Accordion Facility Commitment. Each Participating Lender’s Accordion Facility Commitment specified in the Accordion Facility Notice delivered in respect of the Accordion Facility proposed in the Accordion Facility Proposal shall, unless that Participating Lender agrees to be allocated an Accordion Facility Commitment in a lower amount, be in an amount equal to the amount of the proposed Accordion Facility Commitment offered by that Participating Lender in response to the Accordion Facility Proposal (as adjusted, if applicable, pursuant to paragraphs (e) or (f) above).

Appears in 2 contracts

Samples: Facilities Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp)

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Participating Lender's Accordion Facility Commitment. Each Participating Lender’s 's Accordion Facility Commitment specified in the Accordion Facility Notice delivered in respect of the Accordion Facility proposed in the Accordion Facility Proposal shall, unless that Participating Lender agrees to be allocated an Accordion Facility Commitment in a lower amount, be in an amount equal to the amount of the proposed Accordion Facility Commitment offered by that Participating Lender in response to the Accordion Facility Proposal (as adjusted, if applicable, pursuant to paragraphs (e) or (f) above).

Appears in 1 contract

Samples: Assignment Agreement (Ardmore Shipping Corp)

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Participating Lender's Accordion Facility Commitment. Each Participating Lender’s 's Accordion Facility Commitment specified in the any Accordion Facility Notice delivered in respect of the an Accordion Facility proposed in the an Accordion Facility Proposal shall, unless that Participating Lender agrees to be allocated an Accordion Facility Commitment in a lower amount, be in an amount equal to the amount of the proposed Accordion Facility Commitment offered by that Participating Lender in response to the that Accordion Facility Proposal (as adjusted, if applicable, pursuant to paragraphs paragraph (e) or (f) above).

Appears in 1 contract

Samples: webapp.factstream.ai

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