Pre-Amendment Loans Sample Clauses

Pre-Amendment Loans. Notwithstanding anything herein, the parties hereto hereby agree that (a) to the extent any Loan in Dollars bearing interest at the Eurocurrency Rate is outstanding on the Amendment No. 2 Effective Date (such Loans, the “Pre-Amendment Loans”), such Loan shall continue to bear interest at the Eurocurrency Rate until the end of the current Interest Period or payment period applicable to such Loan, it being understood that such Pre-Amendment Loans shall remain subject to the terms of the Existing Credit Agreement (without giving effect to the amendments set forth in Section 2 of this Amendment) until the end of the applicable Interest Period, (b) in no event shall the Borrower be entitled to request any Loans that are Eurocurrency Loans after the Amendment No. 2 Effective Date (or submit a notice of conversion or continuation with respect to continuing any such Loans or requesting conversion of a Loan into a Eurocurrency Loan) and (c) at the end of the current Interest Period or payment period, as applicable, each Pre-Amendment Loan shall, unless otherwise instructed by the Borrower, be automatically converted to a Term SOFR Loan bearing interest at Term SOFR with the same Interest Period as such Pre-Amendment Loan.
Sample 1
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Pre-Amendment Loans. The parties hereto hereby agree that:
Sample 1
Pre-Amendment Loans. Notwithstanding anything herein, the parties hereto hereby agree that (a) to the extent any Loan bearing interest at the LIBO Rate is outstanding on the Amendment Effective Date (such Loans, the “Pre-Amendment Loans”), such Loan shall continue to bear interest at the LIBO Rate until the end of the current Interest Period or payment period applicable to such Loan, it being understood that such Pre-Amendment Loans shall remain subject to the terms of the Credit Agreement (without giving effect to this Agreement) until the end of the applicable Interest Period, (b) in no event shall any Borrower be entitled to request any Loans that are Term Benchmark Loans bearing interest at the LIBO Rate after the Amendment Effective Date (or submit a notice of conversion or continuation with respect to continuing any such Loans or requesting conversion of a Loan into a Term Benchmark Loan bearing interest at the LIBO Rate) and (c) at the end of the current Interest Period or payment period, as applicable, each Pre- Amendment Loan shall, unless otherwise instructed by the Parent Borrower, be automatically converted to a Term Benchmark Loan bearing interest at the Adjusted Term SOFR Rate with the same Interest Period as such Pre-Amendment Loan. Each of the parties hereto has caused a counterpart of this Agreement to be duly executed and delivered as of the date first above written. PARENT BORROWER: WOLVERINE WORLD WIDE, INC. /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: Executive Vice President and Chief Financial Officer ADMINISTRATIVE AGENT: JPMORGAN CHASE BANK, N.A. /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Vice President Exhibit A (Attached hereto) Execution Exhibit A CREDIT AGREEMENT among WOLVERINE WORLD WIDE, INC., as Parent Borrower, the Additional Borrowers from Time to Time Parties Hereto, The Several Lenders from Time to Time Parties Hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent, and XXXXX FARGO BANK, N.A., BOFA SECURITIES INC. and HSBC BANK USA, N.A., as Co-Syndication Agents Dated as of July 31, As Amended and Restated as of October 10, 2013 As further Amended and Restated as of July 13, 2015 As further Amended and Restated as of December 6, 2018 As further Amended and Restated as of October 21, 2021 JPMORGAN CHASE BANK, N.A., XXXXX FARGO SECURITIES, LLC, BOFA SECURITIES INC. and HSBC BANK USA, N.A., as Lead Arrangers and as Joint Bookrunners CIBC BANK USA PNC CAPITAL MARKETS, LLC, and SUMITOMO MITSUI BANKING CORPORATION, as Co-Documentat...
Sample 1
Pre-Amendment Loans. Notwithstanding anything contained in this Amendment, the Amended Credit Agreement or any other Loan Document to the contrary, the parties hereto hereby agree that (a) to the extent any Loans bearing interest at the Eurocurrency Rate (as defined in the Existing Credit Agreement) are outstanding on the Amendment No. 1 Effective Date (such Loans, the “Pre-Amendment Loans”), such Pre-Amendment Loans shall continue to bear interest at such Eurocurrency Rate until the end of the current Interest Period (as defined in the Existing Credit Agreement) applicable to such Pre-Amendment Loans, it being understood that such Pre-Amendment Loans shall remain subject to the terms of the Existing Credit Agreement (without giving effect to this Amendment) until the end of such applicable Interest Period, (b) in no event shall the Borrower be entitled to request any Eurocurrency Rate Loans (as defined in the Existing Credit Agreement) denominated in Dollars after the Amendment No. 1 Effective Date (or submit a notice of conversion or continuation with respect to continuing any such Loans as (or requesting conversion of Loans into) Eurocurrency Rate Loans) and (c) at the end of the current Interest Period applicable to such Pre-Amendment Loans, such Pre-Amendment Loans shall, unless otherwise instructed by the Borrower, be automatically converted to Term SOFR Loans bearing interest at Term SOFR with the same Interest Period as such current Interest Period.
Sample 1

Related to Pre-Amendment Loans

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • Credit Agreement Amendment The Credit Agreement is hereby amended as follows:

  • Issuance, Amendment and Renewal of Letters of Credit (a) Each Letter of Credit shall be issued upon the irrevocable written request of the Company received by the Issuing Bank (with a copy sent by the Company to the Agent) at least three days (or such shorter time as the Issuing Bank may agree in a particular instance in its sole discretion) prior to the proposed date of issuance. Each such request for issuance of a Letter of Credit shall be by facsimile, confirmed immediately in an original writing, in the form of an L/C Application, and shall specify in form and detail satisfactory to the Issuing Bank: (i) the proposed date of issuance of the Letter of Credit (which shall be a Business Day); (ii) the face amount of the Letter of Credit; (iii) the expiry date of the Letter of Credit; (iv) the name and address of the beneficiary thereof; (v) the documents to be presented by the beneficiary of the Letter of Credit in case of any drawing thereunder; (vi) the full text of any certificate to be presented by the beneficiary in case of any drawing thereunder; and (vii) such other matters as the Issuing Bank may require.

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • Term Loan Agreement An Event of Default (as defined in the Term Loan Agreement) shall occur.

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • Amendment to Existing Credit Agreement Subject to the occurrence of the Second Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement is amended in accordance with this Article II.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendment of the Existing Credit Agreement In consideration of the mutual covenants in this Amendment, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree that, subject to the satisfaction of the conditions precedent set forth in clause 3.1, the Existing Credit Agreement shall, with effect on and from the Amendment Effective Date, be (and it is hereby) amended in accordance with the amendments set out in Schedule 3 and (as so amended) will continue to be binding upon each of the Borrower and the Finance Parties in accordance with its terms as so amended.

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