Examples of Additional Incremental Lender in a sentence
Upon effectiveness of the Lender Joinder Agreement each Additional Incremental Lender shall be a Lender for all intents and purposes of this Agreement and the term loan made pursuant to such Supplemental Term Loan Commitment shall be a Term Loan.
The full impact of the pensions remedy on the LFC is not yet clear, and this will be fully considered in pension scheme valuations following implementation.
The Administrative Agent hereby consents, pursuant to subsection 2.5(b) of the Credit Agreement, to the inclusion of each Incremental B-2021 Term Lender as an Additional Incremental Lender (if and to the extent such consent is required thereunder).
Prior to each respective Loan Increase Effective Date, the Administrative Agent shall receive from each Additional Incremental Lender, a Lenders’ Administrative Details Schedule or in the case of an existing Lender, an update to its Lenders’ Administrative Details Schedule and the Administrative Agent shall adjust each Lender’s Commitment Percentage to account for each such Lender and/or Additional Incremental Lender and each Commitment Increase and related Incremental Loan.
Upon effectiveness of the Lender Joinder Agreement each Additional Incremental Lender shall be a Lender for all intents and purposes of this Agreement and the term loan made pursuant to such Supplemental Term Loan Commitment shall be a Term Loan or commitments made pursuant to such Supplemental Revolving Commitment shall be Incremental Revolving Commitments, as applicable.