Examples of Revolver Increase Effective Date in a sentence
On each Revolver Increase Effective Date, promptly following fulfillment of the conditions set forth in clause (c) of this Section 2.17, the Administrative Agent shall notify the Lenders of the occurrence of the increase of the Revolving Credit Facility effected on such Revolver Increase Effective Date and the amount of the Revolving Credit Commitment and Applicable Revolving Credit Percentage of each Revolving Credit Lender as a result thereof.
Borrowers shall prepay any Revolver Loans outstanding on the Revolver Increase Effective Date (and pay any additional amounts required pursuant to Section 3.9) to the extent necessary to keep the outstanding Revolver Loans ratable with any revised change in the Pro Rata interests of Lenders arising from any nonratable increase in the Revolver Commitments under this Section.
Agent shall promptly notify Borrowers and Lenders of the final allocation of such increase and the Revolver Increase Effective Date.
If the Revolving Credit Facility is increased in accordance with this Section, Agent and Borrower Agent shall determine the effective date (the "Revolver Increase Effective Date") and the final allocation of such increase.
The Agent shall promptly notify the Borrowers and the Lenders of the final allocation of such increase and the Revolver Increase Effective Date.
On and after the Revolver Increase Effective Date each reference in the Credit Agreement to "this Agreement," "hereunder," "hereof," "herein" or words of like import, and each reference to the Credit Agreement in the Loan Documents and all other documents delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as deemed amended in connection with the Revolver Increase, pursuant to Section 2.10 of the Credit Agreement.
The Borrowers shall prepay any Revolver Loans outstanding on the Revolver Increase Effective Date (and pay any additional amounts required pursuant to Section 3.9) to the extent necessary to keep the outstanding Revolver Loans ratable with any revised change in the Pro Rata interests of the Lenders arising from any nonratable increase in the Revolver Commitments under this Section.
On and after the Revolver Increase Effective Date each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein” or words of like import, and each reference to the Credit Agreement in the Loan Documents and all other documents delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as deemed amended in connection with the Revolver Increase, pursuant to Section 2.10 of the Credit Agreement.
Each of the following amendments to the Current Credit Agreement shall be effective as of the Revolver Increase Effective Date.
U.S. Borrowers shall prepay any U.S. Revolver Loans outstanding on the U.S. Revolver Increase Effective Date (and pay any additional amounts required pursuant to Section 3.9) to the extent necessary to keep the outstanding U.S. Revolver Loans ratable with any revised change in the Pro Rata interests of U.S. Lenders arising from any nonratable increase in the U.S. Revolver Commitments under this Section.