Common use of Payment of Non-Extending Lenders Clause in Contracts

Payment of Non-Extending Lenders. On the date that any Non-Extending Lender ceases to be a Lender hereunder, the Borrower shall pay all obligations hereunder owing to such Non-Extending Lender (to the extent such obligations have not been purchased by one or more Additional Commitment Lenders).

Appears in 4 contracts

Samples: Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc)

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Payment of Non-Extending Lenders. On the date that any Non-Extending Lender ceases to be a Lender hereunder, the Borrower shall pay all obligations hereunder Obligations owing to such Non-Extending Lender (to the extent such obligations Obligations have not been purchased by one or more Additional Commitment Lenders).

Appears in 1 contract

Samples: Credit Agreement (FMC Technologies Inc)

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