Lender Addition and Acknowledgement Agreement definition

Lender Addition and Acknowledgement Agreement means an agreement in substantially the form of Exhibit F hereto, with such changes thereto as approved by the Administrative Agent.
Lender Addition and Acknowledgement Agreement means, each agreement, in form and substance satisfactory to the Administrative Agent, executed pursuant to Section 2.7 and/or Section 2.8 by the Borrower and any existing Lender or New Lender committing to provide an increase in the Revolving Credit Commitment and/or Incremental Term Loans and, in each case, acknowledged by the Administrative Agent and each Subsidiary Guarantor, (a) setting forth the terms and conditions of (i) any increase in the Revolving Credit Commitment pursuant to Section 2.7 and/or (ii) any Incremental Term Loans pursuant to Section 2.8 and (b) acknowledging that any New Lender shall be a party hereto and have the rights (including, without limitation, voting rights) and obligations of a Lender hereunder.
Lender Addition and Acknowledgement Agreement means, each agreement, in form and substance satisfactory to the Administrative Agent, executed pursuant to Section 2.7 and/or Section 2.8 by the Borrowers and any existing Lender or New Lender committing to provide an increase in the Revolving Credit Commitment and/or Incremental Term Loans and, in each case, acknowledged by the Administrative Agent and each Subsidiary Guarantor, (a) setting forth the terms and conditions of (i) any increase in the Revolving Credit Commitment pursuant to Section 2.7 and/or (ii) any Incremental Term Loans pursuant to Section 2.8 and (b) acknowledging that any New Lender shall be a party hereto and have the rights (including, without limitation, voting rights) and obligations of a Lender hereunder.

Examples of Lender Addition and Acknowledgement Agreement in a sentence

  • Upon the execution, delivery, acceptance and recording of the Lender Addition and Acknowledgement Agreement, from and after the effective date specified in a Lender Addition and Acknowledgement Agreement, such existing Lender shall have a Commitment as therein set forth or such other Lender shall become a Lender with a Commitment as therein set forth and all the rights and obligations of a Lender with such a Commitment hereunder.

  • Upon the execution, delivery, acceptance and recording of the Lender Addition and Acknowledgement Agreement, from and after the effective date specified in a Lender Addition and Acknowledgement Agreement, such existing Lender shall have a Revolving Commitment as therein set forth or such other Lender shall become a Lender with a Revolving Commitment as therein set forth and all the rights and obligations of a Lender with such a Revolving Commitment hereunder.

  • Within five (5) Business Days after receipt of notice, the Company shall execute and deliver to the Agent, in exchange for the surrendered Note or Notes of any existing Lender or with respect to any Lender not theretofore a Lender, a new Note or Notes to the order of the applicable Lenders in amounts equal to the Commitments of such Lenders pursuant to the Lender Addition and Acknowledgement Agreement.

  • Such new Note or Notes shall be in an aggregate principal amount equal to the aggregate principal amount of such Commitments, shall be dated the effective date of such Lender Addition and Acknowledgement Agreement and shall otherwise be in substantially the form of the existing Notes.

  • Following the execution of this Lender Addition and Acknowledgement Agreement, it will be delivered to the Administrative Agent for the consent of the Administrative Agent and acceptance and recording in the Register.


More Definitions of Lender Addition and Acknowledgement Agreement

Lender Addition and Acknowledgement Agreement means an agreement in form and substance satisfactory to the Administrative Agent and the Borrower.
Lender Addition and Acknowledgement Agreement has the meaning assigned thereto in Section 2.9.
Lender Addition and Acknowledgement Agreement shall have the meaning assigned thereto in Section 2.9.
Lender Addition and Acknowledgement Agreement means a Lender Addition and Acknowledgement Agreement, in form and substance reasonably satisfactory to the Agent, executed pursuant to Section 2.4(b).
Lender Addition and Acknowledgement Agreement means an agreement in form and substance satisfactory to the Administrative Agent and the Borrower. “ Lender Parent ” means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.
Lender Addition and Acknowledgement Agreement means each agreement, in form and substance satisfactory to the Administrative Agent, executed pursuant to S ection 2.8 and/or S ection 2.9 by the Company and any existing Lender or New Lender committing to provide an increase in the Revolving Credit Commitment and/or Incremental Term Loans and, in each case, acknowledged by the Administrative Agent and each Guarantor, (a) setting forth the terms and conditions of (i) any increase in the Revolving Credit Commitment pursuant to S ection 2.8 and/or (ii) any Incremental Term Loans pursuant to S ection 2.9
Lender Addition and Acknowledgement Agreement means an agreement in substantially the form of Exhibit E hereto, with such changes thereto as approved by the Administrative Agent. “Lender Parent” means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary. “Lenders” means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption or otherwise, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption or Lender Addition and Acknowledgement Agreement. Unless the context otherwise requires, the term “Lenders” includes the Swingline Lender and the Issuing Banks. “Letter of Credit” means any letter of credit issued pursuant to this Agreement, including without limitation each Existing Letter of Credit. “Letter of Credit Agreement” has the meaning assigned to it in Section 2.05(b). “LIBO Rate” means, with respect to any Eurodollar Borrowing for any Interest Period, the LIBO Screen Rate at approximately 11:00 a.m., London time, two Business Days prior to the 15