Common use of Terms of New Loans and Commitments Clause in Contracts

Terms of New Loans and Commitments. The terms and provisions of Revolving Credit Loans and Letters of Credit made available pursuant to the Incremental Commitments shall be identical to the existing Revolving Credit Loans and Letters of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)

AutoNDA by SimpleDocs

Terms of New Loans and Commitments. The terms and provisions of Revolving Credit Loans and Letters of Credit made available pursuant to the Incremental Commitments a Revolving Commitment Increase shall be identical to the existing Revolving Credit Loans. The terms and provisions of Term Loans and Letters of Creditmade pursuant to a Term Commitment Increase shall be identical to the Term Loans.

Appears in 2 contracts

Samples: Credit Agreement (Starwood Property Trust, Inc.), Credit Agreement (Starwood Property Trust, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!