Examples of Additional Revolving Lenders in a sentence
The sum of the increases in the Revolving Commitments of the Increasing Revolving Lenders plus the Revolving Commitments of the Additional Revolving Lenders upon giving effect to a Revolving Facility Increase shall not, in the aggregate, exceed the amount of such Revolving Facility Increase.
Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders, Required Revolving Lenders, Required Initial Revolving Lenders, Required Additional Revolving Lenders and Section 11.12.
The commitments of the Additional Revolving Lenders and the conversion undertakings of the Converting Revolving Lenders are several and no such Lender will be responsible for any other Lender’s failure to make or acquire by conversion New Revolving Commitments or New Revolving Loans.
The commitments of the Increasing Revolving Lenders and the Additional Revolving Lenders are several and no such New Revolving Lender will be responsible for any other New Revolving Lender’s failure to make or acquire by refinancing Revolving Loans.
To the extent commitments are obtained from Additional Revolving Lenders pursuant to the preceding sentence, you may appoint such Additional Revolving Lenders or affiliates thereof as additional co-agents, lead arrangers, bookrunners, managers or arrangers in connection with the applicable Senior Credit Facilities (the “Additional Arrangers” and, together with the Lead Arrangers, each, an “Arranger” and collectively, the “Arrangers”).
The Borrowers shall have paid on or before the Amendment Effective Date all fees owed to any Additional Revolving Lender by the Borrowers under any commitment letters or fee letters entered into between the Borrowers or any of their Affiliates and any Additional Revolving Lenders.
On and after the Amendment No. 5 Effective Date, unless the context shall otherwise require, each reference in the Credit Agreement or any other Loan Document to (a) “Loans” shall be deemed to include the Revolving Commitment Increase contemplated hereby, and (b) “Lenders” shall be deemed to include the Additional Revolving Lenders.
Each Additional Revolving Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.02(c) with respect to Loans made by such Lender (and Section 2.02 shall apply, mutatis mutandis, to the payment obligations of the Additional Revolving Lenders), and the Administrative Agent shall promptly pay to the Swingline Lender the amounts so received by it from the Additional Revolving Lenders.
After application of mandatory prepayments of Additional Term Loans and Delayed Draw Term Loans described above in this Section 2.10(h) and to the extent there are mandatory prepayment amounts remaining after such application, the Additional Revolving Commitments shall be permanently reduced ratably among the Additional Revolving Lenders in accordance with their applicable Additional Revolving Commitments in an aggregate amount equal to such excess, and Borrower shall comply with Section 2.10(b).
Borrower may, at any time and from time to time, designate one or more Additional Revolving Lenders to act as an issuing bank under the terms of this Agreement, with the consent of the Administrative Agent (which consent shall not be unreasonably withheld), the Issuing Bank and such Additional Revolving Lender(s).