Examples of Additional Term Loan Lenders in a sentence
The Administrative Agent shall promptly notify the Borrower and the Additional Term Loan Lenders of the final allocation of such Additional Term Loan Facility and the Additional Term Loan Facility Effective Date.
Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by the Additional Term Loan Lenders for such series of Additional Term Loans and in like funds as received by the Administrative Agent.
The loans in respect of such Additional Term Loan Facility shall be made by the Additional Term Loan Lenders participating therein pursuant to the procedures set forth in the joinder agreement to such Additional Term Loan Facility.
On or prior to the Amendment Effective Date, each Credit Party, the Administrative Agent, Lenders constituting the Required Lenders and the 2017 Additional Term Loan Lenders, shall have signed a counterpart of this Amendment (whether the same or different counterparts) and shall have delivered (by electronic transmission or otherwise) the same to the Administrative Agent.
Further, in the event that (A) Additional Term Loans and Delayed Draw Term Loans (if any) are funded by Additional Term Loan Lenders and Delayed Draw Term Loan Lenders (if any), as applicable, to the Borrower and (B) the First Amendment Purchase Documents with respect to the acquisition of U.S. Well Services, Inc.
The commitments of the Additional Term Loan Lenders and the conversion undertakings of the Converting Term Loan Lenders are several and no such Lender will be responsible for any other Lender’s failure to make or acquire by conversion New Term Loans.
Subject to the approval of the Administrative Agent if such proposed Additional Term Loan Lender is not an Affiliate of an existing Lender, the Borrower may also invite additional Eligible Assignees to become Additional Term Loan Lenders pursuant to an amendment or a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower (each such Eligible Assignee and Lender providing a commitment to an Additional Term Loan Facility, an “Additional Term Loan Lender”).
First of all, the efforts at unity should not be understood as an order of power, but rather a shared awareness obtained by the experiences of human life in relation to their environment.
Receipt by the Administrative Agent of a copy of this Amendment duly executed by each of the Credit Parties, the Administrative Agent and the Additional Term Loan Lenders party hereto.
Upon execution and delivery hereof, Administrative Agent will record the Series B Additional Term Loans made by Additional Term Loan Lenders in the Register.