Additional Term Loan Supplement definition
Examples of Additional Term Loan Supplement in a sentence
If such an Additional Term Loan Supplement is in all respects reasonably satisfactory to the Administrative Agent, the Administrative Agent shall execute such Additional Term Loan Supplement and deliver a copy thereof to the Borrower and each such Lender or other Person, as the case may be.
The Administrative Agent shall have received the written consent, substantially in the form of Exhibit J, of each Restricted Subsidiary to the transactions contemplated by such Additional Term Loan Supplement.
The Agent and the Lenders shall have no duty to verify the authenticity of the signature appearing on any written Additional Term Loan Supplement.
The Administrative Agent, the Borrower and the Additional Term Loan Lenders providing Additional Term Loan Commitments pursuant thereto shall execute and deliver an Additional Term Loan Supplement and, at any time after the effectiveness thereof and during the commitment period set forth therein, the Borrower may deliver a Borrowing Notice in respect of the Additional Term Loans pursuant to Section 2.2(b).
The Administrative Agent shall have received such legal opinions in respect of such Additional Term Loan Supplement and the transactions contemplated thereby as the Administrative Agent shall reasonably request.
Unless and to the extent ---------------------------------- expressly provided to the contrary in an Effective Additional Term Loan Supplement, the terms of Sections 2.7(a), 2.7(b), and of the last paragraph of the defined term "Applicable Margin", in each case applicable to A Term Loans shall apply mutatis mutandis to the Additional Term Loans made pursuant to such ------- -------- Effective Additional Term Loan Supplement.
The Borrower may, at any time at its sole cost, expense and effort, request any one or more of the Lenders (the decision to be within the sole and absolute discretion of each Lender), or any other Person reasonably satisfactory to the Administrative Agent, to commit to make an Additional Term Loan, by submitting an Additional Term Loan Supplement duly executed by the Borrower and each such Lender or other Person, as the case may be, to the Administrative Agent.
Upon the satisfaction of the conditions precedent to the effectiveness of an Additional Term Loan Supplement (as set forth in Section 5.2 and in such Additional Term Loan Supplement), the entities named therein as Additional Term Loan Lenders shall become Lenders for all purposes of this Agreement and shall have the Additional Term Loan Commitments set forth therein.
Unless and to the extent expressly provided to the contrary in an Effective Additional Term Loan Supplement, the terms of Sections 2.7(a), 2.7(b), and of the last paragraph of the defined term “Applicable Margin”, in each case applicable to B Term Loans shall apply mutatis mutandis to the Additional Term Loans made pursuant to such Effective Additional Term Loan Supplement.
If the Lenders agree to make an Additional Term Loan the Borrower shall execute and deliver to the Agent an Additional Term Loan Supplement substantially in the form of Exhibit L which is acknowledged and agreed to by each other Loan Party and providing to the Agent and each Lender such other documents and information as the Agent or any Lender may request in their sole and absolute discretion.