Examples of Replaced Lenders in a sentence
Prior to or substantially contemporaneously with the Closing Date, all outstanding “Committed Loans” of any Replaced Lenders and all accrued but unpaid interest and fees owing to any “Lender”, in each case, under the Existing Credit Agreement shall have been paid in full.
Notwithstanding any Replaced Lender's failure or refusal to assign its rights, obligations, Loans and Commitments under this Section 2.20, the Replaced Lender shall cease to be a "Lender" for all purposes of this Agreement and the Replacement Lender substituted therefor upon payment to the Replaced Lender by the Replacement Lender of all amounts set forth in this Section 2.20 without any further action of the Replaced Lender.
Notwithstanding any Replaced Lender's failure or refusal to assign its rights, obligations, Loans and Commitments under this Section 2.22, the Replaced Lender shall cease to be a "Lender" for all purposes of this Agreement and the Replacement Lender substituted therefor upon payment to the Replaced Lender by the Replacement Lender of all amounts set forth in this Section 2.22 without any further action of the Replaced Lender.
As a result, it is hereby acknowledged that the Replaced Lenders are no longer Lenders under the Credit Agreement.
Each undersigned US Term Lender hereby severally agrees to fund to the US Agent, as of the Effective Date and in accordance with the other applicable provisions of the Credit Agreement, the amount of such US Term Lender’s respective increase in the outstanding principal amount of its US Term Loan, and the US Agent agrees to promptly pay the applicable portions thereof to the AUS:0050100/03071:598895v13 applicable Replaced Lenders promptly after receipt of such amount from such US Term Lender.
Notwithstanding any Replaced Lender's failure or refusal to assign its rights, obligations, Loans and Commitment under this Section 5.9, such Replaced Lender shall cease to be a "Lender" for all purposes of this Agreement (except to the limited extent set forth above) and the Replacement Lender substituted therefor upon payment to such Replaced Lender by the Replacement Lender of all amounts set forth in this Section 5.9 without any further action of such Replaced Lender.
The Administrative Agent shall have received counterparts of this Amendment, which collectively shall have been duly executed on behalf of each of the Borrowers, the Guarantors, the Existing Lenders (other than the Replaced Lenders), the New Lenders and the Administrative Agent.
Notwithstanding any Replaced Lender's failure or refusal to assign its rights, obligations, Loans and Commitments under this Section 2.23, the Replaced Lender shall cease to be a "Lender" for all purposes of this Agreement and the Replacement Lender shall be substituted therefor upon payment to the Replaced Lender by the Replacement Lender of all amounts set forth in this Section 2.23 without any further action of the Replaced Lender.
Each reduction of the Commitments of any Class shall be made ratably among the Lenders in accordance with their respective Commitments in respect of such Class, except in connection with the termination of Commitments of Replaced Lenders pursuant to Section 2.18(b), which shall apply solely to the Commitments of such Replaced Lenders.
Notwithstanding any Replaced Lender's failure or refusal to assign its rights, obligations, Loans and Commitments under this Section 2.24, the Replaced Lender shall cease to be a "Lender" for all purposes of this Agreement and the Replacement Lender substituted therefor upon payment to the Replaced Lender by the Replacement Lender of all amounts set forth in this Section 2.24 without any further action of the Replaced Lender.