Reallocation of Loans and Commitments. On the Effective Date, each Lender, if any, whose Commitment Percentage is increasing over its Commitment Percentage prior to the Effective Date shall, by assignments from the Lenders which were parties to the Credit Agreement prior to the Effective Date (the ‘‘Credit Agreement Lenders’’) (which assignments shall be deemed to occur hereunder automatically, and without any requirement for additional documentation, on the Effective Date) acquire a portion of the loans and commitments of the Credit Agreement Lenders so designated in such amounts, and the Lenders shall, through the Agent, make such other adjustments among themselves as shall be necessary so that after giving effect to assignments and adjustments, the Lenders shall hold all loans outstanding under this Credit Agreement ratably in accordance with their respective Commitment Percentages as reflected under such Lender’s name on the signature pages of this Fifth Amendment, as modified from time to time pursuant to the terms hereof. On the Effective Date, all Interest Periods under the Credit Agreement in respect of any Eurodollar Rate Loans under the Credit Agreement shall automatically be terminated (and the Borrower shall on the Effective Date make payments to the Credit Agreement Lenders that held such Eurodollar Rate Loans to compensate for such termination as if such termination were a payment or prepayment referred to in Subsections 2.2(e) and (f) of the Credit Agreement), and subject to the other restrictions contained herein, the Borrower shall be permitted to continue such Eurodollar Rate Loans or to convert such Eurodollar Rate Loans into Domestic Rate Loans hereunder.
Reallocation of Loans and Commitments. On the date of the Second Amendment, the "Revolving Credit Loans" held by each Existing Lender shall automatically, and without any action on the part of any Person, be deemed to be respectively Revolving Credit Loans under this Agreement, and each of the Lenders shall, by assignments from each Existing Lender (which assignments shall be deemed to occur automatically, and without the requirement for additional documentation, on the date of the Second Amendment), acquire a percentage equal to the Total Commitment Percentage of each Lender of the "Revolving Credit Loans" of each Existing Lender outstanding immediately prior to the date of the Second Amendment, and each of the Lenders shall, through the Collateral Agent, make such other adjustments among themselves as shall be necessary, so that after giving effect to such assignments and adjustments, the Lenders shall hold hereunder Revolving Credit Loans (including Revolving Credit Loans outstanding immediately prior to the date of the Second Amendment) in an amount not greater than such Lender's Revolving Credit Commitment."
Reallocation of Loans and Commitments. (a) The Company and each Lender agree that, effective on the Effective Date, this Agreement amends and restates in its entirety the Existing Agreement. On the Effective Date, the Commitments of the Lenders shall be reallocated in accordance with the terms hereof and each Lender shall have a direct or participation share equal to its Percentage of all outstanding Credit Extensions.
Reallocation of Loans and Commitments. On the date of this Amendment, the Agent and the Lenders shall reallocate the outstanding Loans and Commitments such that, after giving effect thereto, each Lender holds its Proportionate Share of the aggregate outstanding principal amount of each Loan and the Commitments. For the avoidance of doubt, such reallocation may require the reallocation of Loans and/or Commitments from one Lender to another Lender. In connection with any such reallocation, the applicable Lender or Lenders will fund such amounts up to their respective shares of the Loans, as applicable, being reallocated and the Agent shall remit to any applicable Lenders its applicable portion of such funded amount if necessary to give effect to the reallocation of the Loans, as applicable.
Reallocation of Loans and Commitments. On the Third Amendment Closing Date, (i) each Lender, if any, whose relative proportion of its Commitment hereunder is increasing over the proportion of the Commitment held by it prior to the Third Amendment Closing Date shall, by assignments among them (which assignments shall be deemed to occur hereunder automatically, and without any requirement for additional documentation, on the Third Amendment Closing Date) acquire a portion of the Loans and Commitments held by them from and among each other and (ii) each Lender who is becoming a party hereto on the Third Amendment Closing Date shall acquire a portion of the Loans and Commitments which increased from the Closing Date pursuant to this Third Amendment. Pursuant to the foregoing sentence, the Lenders shall, through the Agent, make such other adjustments among themselves as shall be necessary so that after giving effect to assignments and adjustments, the Lenders shall hold all Loans outstanding under this Agreement ratably in accordance with their respective Commitments as reflected on the Commitment Schedule, as modified from time to time pursuant to the terms hereof.”
Reallocation of Loans and Commitments. The Borrowers acknowledge and agree that in no event shall Revolving Loans outstanding under this Agreement exceed MXN$300,112,236 until such time as the Reserve Commitment Amount has been reduced in accordance with this Agreement. On the effective date that any Reserve Commitment Amount is reduced and on each effective date of a Line of Credit Increase, the Lenders shall through the Administrative Agent make such adjustments among themselves as shall be necessary so that after giving effect to assignments and adjustments, the Lenders shall hold all Revolving Loans outstanding under this Agreement ratably in accordance with their respective Revolving Loan Commitments as reflected on Schedule 1.1(a), as modified from time to time pursuant to the terms hereof.
Reallocation of Loans and Commitments. On the Amendment ------------------------------------- No. 2 Effective Date (prior to giving effect to the increase in the Commitment of Comerica Bank and the Aggregate Commitment pursuant to this Amendment), Borrower agrees to prepay (and, to the extent indicated by Borrower in a Syndicated Borrowing Notice given in accordance with Section 2.3 of the Credit Agreement, and subject to the requirements of Section 3.2 of the Credit Agreement, will be permitted to re-borrow) all Syndicated Loans then outstanding. Borrower shall pay to the Lenders any amounts due in respect of such prepayment pursuant to Section 2.22 of the Credit Agreement. Any re- borrowing of such Syndicated Loans on the Amendment No. 2 Effective Date and all subsequent Borrowings and repayments shall be made in accordance with the respective Pro Rata Shares of the Lenders (calculated after giving effect to the increase in the Commitment of Comerica Bank and the Aggregate Commitment pursuant to this Amendment) and otherwise in accordance with the applicable terms and conditions of the Credit Agreement.
Reallocation of Loans and Commitments. On the First Amendment Closing Date and on each effective date of a Line of Credit Increase, the Lenders shall, if necessary, through the Administrative Agent make such adjustments among themselves as shall be necessary so that after giving effect to assignments and adjustments, the Lenders shall hold all Revolving Loans outstanding under this Agreement ratably in accordance with their respective Revolving Loan Commitments as reflected on Schedule 1.1(a), as modified from time to time pursuant to the terms hereof.”
Reallocation of Loans and Commitments. On the Closing Date, (i) each Lender, if any, whose relative proportion of its Commitment hereunder is increasing over the proportion of the Commitment held by it prior to the Closing Date under the Original Agreement shall, by assignments among them (which assignments shall be deemed to occur hereunder automatically, and without any requirement for additional documentation, on the Closing Date) acquire a portion of the Loans and Commitments held by them from and among each other and (ii) each Lender who is becoming a party hereto on the Closing Date shall acquire a portion of the Loans and Commitments which increased from the Original Agreement. Pursuant to the foregoing sentence, the Lenders, shall, through the Agent, make such other adjustments among themselves as shall be necessary so that after giving effect to assignments and adjustments, the Lenders shall hold all Loans outstanding under this Agreement ratably in accordance with their respective Commitments as reflected on the Commitment Schedule, as modified from time to time pursuant to the terms hereof.
Reallocation of Loans and Commitments. (a) The Borrower and each Bank agree that, effective as of the Amendment Effective Time, this Agreement amends and restates in its entirety the Existing Agreement. At the Amendment Effective Time, the Commitments of the Banks shall be reallocated in accordance with the terms hereof and each Bank shall have a direct or participation share equal to its Percentage of all outstanding Credit Extensions.
