Examples of New Commitment Agreement in a sentence
Any Lender or Eligible Assignee agreeing to increase its Commitment or provide a new Commitment pursuant to this Section 3.4(b) shall, in connection therewith, deliver to the Administrative Agent a New Commitment Agreement substantially in the form of Schedule 3.4(b) hereto.
The Agent shall maintain at one of its offices in Charlotte, North Carolina (i) a copy of each New Commitment Agreement, (ii) a copy of each Lender assignment agreement delivered to it in accordance with the terms of subsection (b) above and (iii) a register for the recordation of the identity of the principal amount, type and Interest Period of each Loan outstanding hereunder, the names, addresses and the Commitments of the Lenders pursuant to the terms hereof from time to time (the "Register").
If the Administrative Agent shall have received an executed New Commitment Agreement (whether an original or via telecopy) from a Lender, the Administrative Agent may assume that such Lender has or will make the amount of its Tranche A-2 Term Loans available to the Administrative Agent on the applicable Effective Date, and the Administrative Agent in reliance upon such assumption, may (in its sole discretion but without any obligation to do so) make available to the Borrower a corresponding amount.
If the undersigned Lender is not already a Lender under the Credit Agreement, such Lender hereby acknowledges, agrees and confirms that, by its execution of this New Commitment Agreement, such Lender will, as of the Effective Date, be a party to the Credit Agreement and be bound by the provisions of the Credit Agreement and, to the extent of its Commitment, have the rights and obligations of a Lender thereunder.
Special meetings of the Trustees may be held at any time and at any place designated in the call of the meeting when called by the chairman of the Trustees, the President or the Treasurer or by two or more Trustees, sufficient notice thereof being given to each Trustee by the Secretary or an Assistant Secretary or by the officer or Trustees calling the meeting.
The following definitions set forth in Section 1.1 of the Credit Agreement are hereby deleted in their entirety: "Additional Revolving Commitment" and "New Commitment Agreement".
The Administrative Agent shall have received a New Commitment Agreement from each Lender which has agreed to provide a New Delayed-Draw Term Loan Commitment as of the First Amendment Effective Date.
The Administrative Agent shall have received counterparts of (i) this First Amendment, (ii) the BNP New Commitment Agreement, (iii) the DB New Commitment Agreement, (iv) the BNP Commitment Transfer Supplement and (v) the DB Commitment Transfer Supplement, in each case executed by a duly authorized officer of each party thereto.