Examples of New Incremental Term Lender in a sentence
Each New Incremental Term Lender expressly acknowledges that neither any of the Administrative Agent, the Syndication Agent, the Co-Documentation Agents nor any Related Party of any of the foregoing (each an “Agent”) have made any representations or warranties to it and that no act by any Agent hereafter taken, including any review of the affairs of a Loan Party or any affiliate of a Loan Party, shall be deemed to constitute any representation or warranty by any Agent to any New Incremental Term Lender.
Each New Incremental Term Lender represents to the Agents that it has, independently and without reliance upon any Agent or any other Lender, and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates and made its own decision to provide its 2011 Incremental Term Loans hereunder and enter into this Agreement.
For each New Incremental Term Lender, delivered herewith to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such New Incremental Term Lender may be required to deliver to the Administrative Agent pursuant to Section 8.11 of the Credit Agreement.
The main objective of the ICT case study was to identify strengths and challenges of ICT sectors in Serbia, subspecialisations, position of sectors in the global value chain, future development trends, level of internationalization and future directions of development.
To the extent required by the Credit Agreement, the Borrowers and the Administrative Agent hereby consent to each New Incremental Term Lender that is not a Len der as of the date hereof becoming a Lender under the Credit Agreement on the Incremental Facility Closing Date.
Subject to the terms and conditions expressly set forth herein and in the First Omnibus Amendment, each New Incremental Term Lender severally agrees to make to the Borrower on the New Incremental Term Loan Closing Date a one-time single draw New Incremental Term Loan Borrowing of New Incremental Term Loans denominated in Dollars in an aggregate amount equal to such New Incremental Term Lender’s New Incremental Term Loan Commitment.
The New Incremental Term Loan Commitments of each New Incremental Term Lender shall be automatically and permanently reduced to $0 upon the funding of the New Incremental Term Loan to be made by such New Incremental Term Lender on the New Incremental Term Loan Closing Date.
From and after the funding of the New Incremental Term Loan, the New Incremental Term Loan Commitment of such New Incremental Term Lender shall be reduced to zero.
TO EXECUTE THIS AGREEMENT AS A NEW INCREMENTAL TERM LENDER: Name of Institution: COMERICA BANK by /s/ XXXXXX XXXXXX Name: Xxxxxx Xxxxxx Title: Vice President For any New Incremental Term Lender requiring a second signature line: by Name: Title: [Signature Page to the CBRE Services, Inc.
Each New Incremental Term Lender hereby agrees to make an Incremental Term Loan to the Borrower in an amount equal to its Incremental Term Commitment on the Amendment No. 1 Effective Date in accordance with Section 2.01(y) of the Credit Agreement.