Common use of Suspension of Lender Obligations Clause in Contracts

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 6 contracts

Samples: Credit Agreement (Cincinnati Bell Inc), Credit Agreement (Allegro Microsystems, Inc.), Credit Agreement (Cincinnati Bell Inc)

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Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into SOFR Loans, Loans until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c3.06(3) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 5 contracts

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

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue SOFR Rate Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into SOFR Rate Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 2 contracts

Samples: Credit Agreement (Hornbeck Offshore Services Inc /La), Superpriority Credit Agreement (Casa Systems Inc)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue SOFR Term Benchmark Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into SOFR Loans, Term Benchmark Loans until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c3.06(3) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 2 contracts

Samples: Credit Agreement (Superior Industries International Inc), Credit Agreement (Superior Industries International Inc)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.043.4, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or make, continue Term SOFR Loans from one Interest Period to another Interest PeriodPeriod or maintain Term SOFR Loans, or to convert Base Rate Loans into Term SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable)effect; provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Credit Agreement (JOANN Inc.)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative DIP Agent), suspend the obligation of such Lender to make or continue Term SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into Term SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in effect(in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement (JOANN Inc.)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue Term SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into Term SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: First Amendment (Allegro Microsystems, Inc.)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.043.4, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c3.6(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Credit Agreement (eHealth, Inc.)

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Suspension of Lender Obligations. If any Lender requests compensation by the Borrower Borrowers under Section 3.04, the Borrower Representative may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue Term SOFR Rate Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into Term SOFR Rate Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Domtar CORP)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue Term SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into Term SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in effect(in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Credit Agreement (JOANN Inc.)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower under Section 3.043.5, the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue SOFR Rate Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into SOFR Rate Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c3.7(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

Suspension of Lender Obligations. If any Lender requests compensation by the Borrower Borrowers under Section 3.04, the Borrower Borrowers may, by notice to such Lender (with a copy to the Administrative AdministrativeApplicable Agent), suspend the obligation of such Lender to make or continue Term SOFR Loans from one Interest Period to another Interest Period, or to convert Base Rate Loans into Term SOFR Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so requested.

Appears in 1 contract

Samples: Credit Agreement (Savers Value Village, Inc.)

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