Common use of Reallocation of Risk Participations Clause in Contracts

Reallocation of Risk Participations. On the 2015 Revolving Commitment Maturity Date, all risk participations with respect to Letters of Credit issued on or prior to the 2015 Revolving Commitment Maturity Date pursuant to Section 2.20(e) shall be reallocated to the 2018 Lenders in accordance with their pro rata share of the remaining Revolving Commitments; provided that such reallocation shall only be effected to the extent that it would not result in the Total Exposure of any 2018 Lender exceeding such Lender’s 2018 Revolving Commitment.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Uber Technologies, Inc), Revolving Credit Agreement (Uber Technologies, Inc), Revolving Credit Agreement (Uber Technologies, Inc)

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Reallocation of Risk Participations. On the 2015 Maturity Date with respect to the 2017 Initial Revolving Commitment Maturity DateCommitments, all risk participations with respect to Letters of Credit issued hereunder on or prior to the 2015 Revolving Commitment Maturity Date pursuant to Section 2.20(e) such date shall be reallocated to the 2018 2021 Initial Revolving Lenders in accordance with their pro rata share of the remaining Revolving Commitments; provided that such reallocation shall only be effected to the extent that it would not result in the Total Exposure Outstanding Amount of any 2018 2021 Initial Revolving Lender exceeding such Lender’s 2018 2021 Initial Revolving Commitment.

Appears in 1 contract

Samples: Credit Agreement (Life Time Group Holdings, Inc.)

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Reallocation of Risk Participations. On the 2015 2018 Revolving Commitment Maturity Date, all risk participations with respect to Letters of Credit issued on or prior to the 2015 2018 Revolving Commitment Maturity Date pursuant to Section 2.20(e2.20(d) shall be reallocated to the 2018 2024 Revolving Lenders in accordance with their pro rata share of the remaining Revolving Commitments; provided that such reallocation shall only be effected to the extent that it would not result in the Total Exposure total exposure of any 2018 2024 Revolving Lender exceeding such Lender’s 2018 2024 Revolving Commitment.

Appears in 1 contract

Samples: First Lien Credit Agreement (GoodRx Holdings, Inc.)

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