Terms of Accordion Increase. For the avoidance of doubt, each commitment increase and/or new commitment made in connection with an Accordion Increase shall constitute a Revolving Commitment hereunder, each advance made in connection with an Accordion Increase shall constitute a Revolving Credit Advance and each such commitment and advance shall be subject to the same terms and conditions as all other Revolving Commitments and Revolving Credit Advances, including with respect to the Maturity Date for the Revolving Facility therefor and interest and fees thereon.
Appears in 2 contracts
Samples: Credit Agreement (Rayonier Inc), Credit Agreement (Rayonier Inc)
Terms of Accordion Increase. For the avoidance of doubt, each commitment increase and/or new commitment made in connection with an Accordion Increase shall constitute a Revolving Commitment hereunder, each advance loan made in connection with an Accordion Increase shall constitute a Revolving Credit Advance Loan and each such commitment and advance loan shall be subject to the same terms and conditions as all other Revolving Commitments and Revolving Credit AdvancesLoans, including with respect to the applicable Maturity Date for the Revolving Facility therefor and interest and fees thereon.
Appears in 1 contract
Samples: 364 Day Revolving Credit Agreement (Seaboard Corp /De/)
Terms of Accordion Increase. For the avoidance of doubt, each commitment increase and/or new commitment made in connection with an Accordion Increase shall constitute a Revolving Commitment hereunder, each advance made in connection with an Accordion Increase shall constitute a Revolving Credit Advance and each such commitment and advance shall be CHAR1\1713543v7 subject to the same terms and conditions as all other Revolving Commitments and Revolving Credit Advances, including with respect to the Maturity Date for the Revolving Credit Facility therefor and interest and fees thereon.
Appears in 1 contract
Samples: Credit Agreement (Rayonier Inc)
Terms of Accordion Increase. For the avoidance of doubt, each commitment increase and/or new commitment made in connection with an Accordion Increase shall constitute a Revolving Commitment hereunder, each advance made in connection with an Accordion Increase shall constitute a Revolving Credit Advance and each such commitment and advance shall be subject to the same terms and conditions as all other Revolving Commitments and Revolving Credit Advances, including with respect to the Maturity Date for the Revolving Credit Facility therefor and interest and fees thereon.
Appears in 1 contract
Samples: Incremental Term Loan Agreement and Amendment to Guarantee Agreement (Rayonier, L.P.)