Common use of Reallocation of Percentages and Revolving Loans Clause in Contracts

Reallocation of Percentages and Revolving Loans. (a) The Company and each Bank agree that, effective on the Effective Date, (i) this Agreement shall amend and restate in its entirety the Existing Agreement and (ii) the Percentages of the Banks shall be reallocated in accordance with the terms hereof.

Appears in 5 contracts

Samples: Credit Agreement (U S Liquids Inc), Credit Agreement (Synagro Technologies Inc), Credit Agreement (Synagro Technologies Inc)

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Reallocation of Percentages and Revolving Loans. (a) The Company Borrower ----------------------------------------------- and each Bank Lender agree that, effective on the Effective Closing Date, (i) this Agreement shall amend and restate in its entirety the Existing Agreement and (ii) the Percentages of the Banks Lenders shall be reallocated in accordance with the terms hereof.

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

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