Common use of Refinancing of Revolving Loans Clause in Contracts

Refinancing of Revolving Loans. In connection with the increase to the Revolving Committed Amount being provided on the Amendment Effective Date, the Revolving Loans and Participation Interests outstanding on the Amendment Effective Date shall be refinanced with new Revolving Loans made by the Lenders on the Amendment Effective Date based on each such Lender’s Commitment Percentage (after giving effect to this Amendment). The Borrower shall be responsible for any costs arising under Section 2.15 of the Credit Agreement resulting from such refinancing.

Appears in 2 contracts

Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

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Refinancing of Revolving Loans. In connection with the increase to addition of the Revolving Committed Amount being provided New Lender on the Amendment Effective Date, the Revolving Loans and Participation Interests outstanding on the Amendment Effective Date shall be refinanced with new Revolving Loans made by the Lenders on the Amendment Effective Date based on each such Lender’s Commitment Percentage (after giving effect to this Amendment). The Borrower shall be responsible for any costs arising under Section 2.15 of the Credit Agreement resulting from such refinancing.

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

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Refinancing of Revolving Loans. In connection with the addition of the New Lenders and the increase to in the Revolving Committed Amount being provided Commitments on the Amendment Effective Date, the Revolving Loans and Participation Interests outstanding on the Amendment Effective Date shall be refinanced with new Revolving Loans made by the Lenders on the Amendment Effective Date based on each such Lender’s Commitment Percentage (after giving effect to this Amendment). The Borrower shall be responsible for any costs arising under Section 2.15 of the Credit Agreement resulting from such refinancing.

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

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