Common use of Types of Credit Extension Clause in Contracts

Types of Credit Extension. To the extent that the Existing Agreement or any other Existing Document categorizes Credit Extensions generally or by definition by type of benchmark rate that applies to such Credit Extensions, a SOFR Daily Credit Extension shall constitute a type of Credit Extension, and any such definition shall be deemed to include SOFR Daily Credit Extensions.

Appears in 2 contracts

Samples: Loan Agreement (Evercore Inc.), Loan Agreement (Evercore Inc.)

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Types of Credit Extension. To the extent that the Existing Agreement or any other Existing Document categorizes Credit Extensions generally or by definition by type of benchmark rate that applies to such Credit Extensions, a SOFR Daily Credit Extension shall constitute a type of Credit Extension, and any such definition shall be deemed to include SOFR Daily Credit Extensions.

Appears in 2 contracts

Samples: Credit Agreement (Bentley Systems Inc), Revolving Credit, Term Loan and Security Agreement (Integrated Biopharma Inc)

Types of Credit Extension. To the extent that the Existing Agreement or any other Existing Document categorizes Credit Extensions generally or by definition by type of benchmark rate that applies to such Credit Extensions, a SOFR Daily Credit Extension Extensions shall constitute a type of Credit Extension, and any such definition shall be deemed to include SOFR Daily Credit Extensions.

Appears in 1 contract

Samples: Credit Agreement (Flywire Corp)

Types of Credit Extension. To the extent that the Existing Agreement or any other Existing Document categorizes Credit Extensions generally or by definition by type of benchmark rate that applies to such Credit Extensions, a SOFR Daily Credit Extension Extensions shall constitute a type of Credit Extension, and any such definition shall be deemed to include SOFR Daily Credit Extensions.

Appears in 1 contract

Samples: Credit Agreement (Destination Xl Group, Inc.)

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Types of Credit Extension. To the extent that the Existing Agreement or any other Existing Document categorizes Credit Extensions generally or by definition by type of benchmark rate that ​ ​ applies to such Credit Extensions, a SOFR Daily Credit Extension Extensions shall constitute a type of Credit Extension, and any such definition shall be deemed to include SOFR Daily Credit Extensions.

Appears in 1 contract

Samples: Credit Agreement (Genco Shipping & Trading LTD)

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