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

Terms of New Loans and Commitments. The terms and provisions of the Revolving Loans made pursuant to the new Commitments shall be identical to the Revolving Loans. The increased or new Commitments shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Borrowers, the Administrative Agents and each Lender making such increased or new Commitment, in form and substance satisfactory to each of them. The Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agents, to effect the provisions of this Section 2.19.

Appears in 1 contract

Samples: Credit Agreement (Linens N Things Inc)

AutoNDA by SimpleDocs

Terms of New Loans and Commitments. The terms and provisions of the Revolving Loans made pursuant to the new Commitments shall be identical to the Revolving Loans. The increased or new Commitments shall be effected by a joinder agreement (the “Increase Joinder”) executed by the BorrowersBorrower, the Administrative Agents Agent and each Lender making such increased or new Commitment, in form and substance satisfactory to each of them. The Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative AgentsAgent, to effect the provisions of this Section 2.19. In addition, unless otherwise specifically provided herein, all references in Loan Documents to Loans shall be deemed, unless the context otherwise requires, to include references to Loans made pursuant to new Commitments made pursuant to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Hercules Offshore, Inc.)

Terms of New Loans and Commitments. The terms and provisions of the Revolving Loans made pursuant to the new Commitments shall be identical to the Revolving Loans. The increased or new Commitments shall be effected by a joinder agreement (the "Increase Joinder") executed by the Borrowers, the Administrative Agents and each Lender making such increased or new Commitment, in form and substance satisfactory to each of them. The Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agents, to effect the provisions of this Section 2.19.

Appears in 1 contract

Samples: Credit Agreement (LNT Leasing II, LLC)

AutoNDA by SimpleDocs

Terms of New Loans and Commitments. The terms and provisions of the Revolving Loans made pursuant to the new Commitments shall be identical to the Revolving Loans. The increased or new Commitments shall be effected by a joinder agreement (the “Increase Joinder”"INCREASE JOINDER") executed by the BorrowersBorrower, the Administrative Agents Agent and each Lender making such increased or new Commitment, in form and substance reasonably satisfactory to each of them. The Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative AgentsAgent, to effect the provisions of this Section 2.19; provided that such amendment or amendments shall be otherwise in compliance with Section 10.02.

Appears in 1 contract

Samples: Credit Agreement (HealthSpring, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.