Common use of Proposed Lenders Clause in Contracts

Proposed Lenders. Any proposed increase in the Term A Loans may be requested from existing Lenders, new prospective lenders who are Eligible Assignees (and who are approved by the Administrative Agent, which approval shall not be unreasonably withheld) or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Term A Loans made by an Eligible Assignee shall be in a principal amount of $1,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Term A Loans may elect or decline, in its sole discretion, to provide an incremental Term A Loan.

Appears in 4 contracts

Samples: Term Loan Agreement (Flex Ltd.), Term Loan Agreement (Flex Ltd.), Term Loan Agreement (Flextronics International Ltd.)

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Proposed Lenders. Any proposed increase in the Term A Loans may be requested from existing Lenders, new prospective lenders who are Eligible Assignees (and who are approved by the Administrative Agent, which approval shall not be unreasonably withheldwithheld or delayed) or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the BorrowerCompany, provided that any incremental Term A Loans made by an Eligible Assignee shall be in a principal amount of $1,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Term A Loans may elect or decline, in its sole discretion, to provide an incremental Term A Loan.

Appears in 1 contract

Samples: Credit Agreement (Flextronics International Ltd.)

Proposed Lenders. Any proposed increase in the Incremental Term A Loans Loan may be requested from existing Lenders, new prospective lenders who (which are Eligible Assignees (Persons which would be permitted to be assignees pursuant to Section 10.06 and who are approved by the Administrative Agent, which approval shall not be unreasonably withheld) ), or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Incremental Term A Loans made Loan provided by an Eligible Assignee a Person not already a Lender shall be in a principal amount of $1,000,000 5,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Incremental Term A Loans Loan may elect or decline, in its sole discretion, to provide an incremental such Incremental Term A Loan.. (c)

Appears in 1 contract

Samples: Loan Agreement (Globe Life Inc.)

Proposed Lenders. Any proposed increase in the Term A Loans may be requested from existing Lenders, new prospective lenders who are Eligible Assignees (and who are approved by the Administrative Agent, which approval shall not be unreasonably withheld) or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the BorrowerCompany, provided that any incremental Term A Loans made by an Eligible Assignee shall be in a principal amount of $1,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Term A Loans may elect or decline, in its sole discretion, to provide an incremental Term A Loan.

Appears in 1 contract

Samples: Credit Agreement (Flextronics International Ltd.)

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Proposed Lenders. Any proposed increase in the Term A Loans Facility may be requested from existing Lenders, new prospective lenders who are Eligible Assignees (and who are approved by the Administrative Agent, which approval shall not be unreasonably withheldwithheld or delayed) or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the BorrowerCompany, provided that provided, that, any incremental Term A Loans made by an Eligible Assignee shall be in a principal amount of $1,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the any incremental Term A Loans pursuant to this Section may elect or decline, in its sole discretion, to provide an such incremental Term A LoanLoans.

Appears in 1 contract

Samples: Credit Agreement (Flex Ltd.)

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