Examples of Additional Extending Lender in a sentence
Upon the earlier of the Termination Date (including a deemed Termination Date in accordance with clause (C) of the proviso to Section 2.18(a) above) or such earlier date as any declining Term Lenders may agree), (a) the Term Loans of the applicable declining Term Lenders will be repaid in an aggregate principal amount equal to the Extended Term Loans provided by Additional Extending Lenders and (b) the term loan commitment of each such Additional Extending Lender will become effective.
The U.S. Borrower may, with the consent of the Administrative Agent in the Administrative Agent’s sole discretion, appoint up to one Additional Extending Lender as a Joint Lead Arranger and grant such entity additional titles as agreed by the U.S. Borrower and Administrative Agent under this Agreement.
In addition, notwithstanding anything herein to the contrary, any Additional Extending Lender may become a Lender hereunder and agree to provide Revolving Facility Commitments hereunder that will be included as 2016 Extended Revolving Facility Commitments hereunder pursuant to joinder documentation reasonably acceptable to the Administrative Agent and the U.S. Borrower.
On the Additional Extending Lender Effective Date, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence of the Additional Extending Lender Commitment of each Additional Extending Lender and the granting of any title pursuant to this Section 2.01(a).