Additional Banks. If (and only if) the Required Banks (not including the newly undertaken commitments of any Additional Banks) have agreed to extend their Commitment Termination Date, the Borrower shall have the right on or before the Existing Termination Date to replace each Non-Extending Bank with, and add as “Banks” under this Agreement in place thereof, one or more Purchasing Banks (each, an “Additional Bank”) as provided in Sections 6.6 and 13.5(c), each of which Additional Banks shall have entered into a Transfer Supplement pursuant to which such Additional Bank shall, effective as of the date (no later than the Existing Termination Date) specified in such Transfer Supplement, undertake a Commitment (and, if any such Additional Bank is already a Bank, its Commitment shall be in addition to such Bank’s Commitment hereunder on such date).
Additional Banks. Subject to satisfaction of the minimum extension requirements under Section 2.8(e), the Borrower shall have the right on or before the Existing Termination Date to replace each Non-Extending Bank with, and add as “Banks” under this Agreement in place thereof, one or more Purchasing Banks (each, an “Additional Bank”) as provided in Sections 6.6 and 13.5(c), each of which Additional Banks shall have entered into a Transfer Supplement pursuant to which such Additional Bank shall, effective as of the Existing Commitment Termination Date, undertake a Commitment (and, if any such Additional Bank is already a Bank, its Commitment shall be in addition to such Bank’s Commitment hereunder on such date).
Additional Banks. A lender which is to become a party to this Agreement as a Bank pursuant to Section 2.1.2 [Right to Increase Commitments] hereof, or otherwise (each an “Additional Bank”) shall execute and deliver to the Administrative Agent a Bank Joinder to this Agreement in substantially the form attached hereto as Exhibit 1.1(B). Upon execution and delivery of a Bank Joinder, such Additional Bank shall be a party hereto and a “Bank” under each of the Loan Documents for all purposes. On the effective date of such Bank Joinder the Borrowers shall repay all Revolving Credit Loans on such effective date, subject to Section 4.5 [Additional Compensation in Certain Circumstances] and reborrow a like amount on such date and such Additional Bank, together with all of the Banks, shall participate in such new Loans in accordance with their Ratable Shares as modified on the effective date of such Bank Joinder. Schedule 1.1(B) shall be amended and restated on the date of such Bank Joinder to read as set forth on the attachment to such Bank Joinder. Simultaneously with the execution and delivery of such Bank Joinder, the Borrowers shall execute, if requested, a Revolving Credit Note and deliver it to such Additional Bank together with copies of such other documents described in Section 6.1 [First Loans] hereof as such Additional Bank may reasonably require.
Additional Banks. (a) Agent may, upon the consent of the Borrowers, which consent shall not be unreasonably withheld, at any time add one or more banks to this Agreement by each such bank agreeing to be bound by the terms of this Agreement by virtue of executing a signature page hereto, which shall contain the amount of such bank's Revolving Credit Commitment. Upon the execution of a signature page hereto and the satisfaction of the conditions and other terms herein, such additional bank shall be deemed a "Bank" for the purposes of this Agreement and shall enjoy all rights and assume all obligations of a Bank as set forth in this Agreement.
Additional Banks. If (and only if) the Majority Banks have agreed to extend their Termination Date, the Borrower shall have the right on or before the Existing Termination Date to replace each Non-Extending Bank with, and add as “Banks” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Bank”) as provided in Section 3.7, each of which Additional Banks shall have entered into an Assignment and Assumption pursuant to which such Additional Bank shall, effective as of the Existing Termination Date, undertake a Commitment (and, if any such Additional Bank is already a Bank, its Commitment shall be in addition to such Bank’s Commitment hereunder on such date).
Additional Banks. On one or more occasions, one or more ---------------- Additional Banks may be admitted as Banks party to this Agreement in connection with an increase of the Total Commitment pursuant to Section 2.8, subject to (i) execution and delivery by any such Additional Bank to the Administrative Agent, for recording in the Register pursuant to Section 11.4, of an Instrument of Adherence substantially in the form of Exhibit F hereto (an "Instrument of Adherence"), (ii) acceptance of such Instrument of Adherence by each of the Administrative Agent and the Company by their respective executions thereof, and (iii) execution and delivery by the Company of a Revolving Credit Note to the order of such Additional Bank in the form of Exhibit A hereto. Upon the satisfaction of the foregoing conditions, from and after the effective date specified in each such Instrument of Adherence, which effective date shall be at least five (5) Business Days after the execution thereof, the Additional Bank shall be a Bank party hereto and have the rights and obligations of a Bank hereunder. By its execution and delivery of an Instrument of Adherence, each Additional Bank shall represent and warrant to and agree with the other parties to this Agreement as follows:
Additional Banks. (a) With the prior written consent of all Banks, one or more additional Persons may become Banks under this Agreement in order to increase the Revolving Credit Commitments or replace a portion of the Loans and the commitments of any Bank, subject to the following conditions:
Additional Banks. The Company may, with the prior written consent of the Administrative Agent and the Issuing Banks, add additional Banks to this Agreement. Each such additional Bank shall execute a supplemental counterpart to this Agreement setting forth the Commitment of such additional Bank and its Applicable Pro Rata Shares as computed by the Administrative Agent as of the effective date of such new Bank's addition to the Agreement. The Administrative Agent shall notify each existing Bank in writing of the increased Commitments and each Bank's revised Applicable Pro Rata Shares as of the effective date of such new Bank's addition to the Agreement. Upon the execution and delivery of such supplemental counterpart the new Bank shall be deemed automatically to have become a party hereto. The Company and each other Multicurrency Borrower shall, within five Business Days thereafter, execute and deliver to the Administrative Agent, for delivery to the new Bank, Notes evidencing such Bank's assigned Loans, unpaid Reimbursement Obligations and Commitment hereunder. With respect to outstanding Loans, the additional Bank shall promptly fund its Domestic Revolver Pro Rata Share of Base Rate Loans, by making payment thereof to the Tranche D Agent for distribution to the other Banks. In the case of Eurocurrency Rate Loans, such funding shall be made on the last day of the then current Interest Period of each such Eurocurrency Rate Loan and the Banks' Applicable Pro Rata Shares in each such outstanding Eurocurrency Rate Loan shall not be adjusted by virtue of the addition of such new Bank until the last day of such Interest Period. Unless otherwise specified by the Company to the Administrative Agent in writing prior to the new Bank's addition to this Agreement under this Section 15.24, the increase in the Commitments created by the addition of such new Bank shall be allocated to Tranche D as of the effective date of such new Bank's addition to the Agreement.
Additional Banks. Subject to Section 6.01, the Borrower may designate a bank or other financial institution that has previously issued letters of credit for the account of the Borrower or a Subsidiary thereof on or prior to the Amendment Effective Date and is not already a Bank at the time of such designation as a Bank; provided, that (A) such a designation of any bank or financial institution shall be subject to the consent of the Administrative Agent (which consent shall not be unreasonably withheld) and (B) no Default or Event of Default shall have occurred and be continuing prior to or after giving effect to any designation made pursuant to this Section 2.08. Upon (i) the execution and delivery by the Borrower and such bank or financial institution of an instrument of assumption reasonably satisfactory to the Administrative Agent, (ii) the preparation by such bank or financial institution of a schedule setting forth the letters of credit that shall thereafter constitute Letters of Credit hereunder and the confirmation by the Borrower of such schedule and (iii) if necessary, the execution and delivery by the Borrower and such bank or other financial institution of an External Sharing Debt Supplement (as defined in the Guarantee and Collateral Agreement) pursuant to Section 8.14(b) of the Guarantee and Collateral Agreement, such bank or financial institution shall become a Bank with all the rights and obligations of a Bank under this Agreement.
Additional Banks. Subject to the consent of the Required Banks, the Borrower may request that the aggregate Revolving Credit Commitments be increased by up to $25,000,000 by offering such increase to one or more Banks already party hereto or other commercial banks not already party hereto (each such Bank or bank being hereinafter referred to as an "Additional Bank") reasonably acceptable to the Agent. Each such increase in the Revolving Credit Commitments shall be subject to satisfaction of the following conditions in each case as of the date such increase is to be effective: (i) no Default or Event of Default shall occur or be continuing, (ii) such increase shall be at least $5,000,000, (iii) the Borrower shall have paid to each Bank any amount that will be due such Bank under Section 1.13 hereof as a result of any prepayment (pursuant to the last sentence of this Section) of any Fixed Rate Loans outstanding under this Agreement at the time of the effectiveness of such increase, (iv) the Agent shall have received an acknowledgment agreement providing for such increase in form and substance satisfactory to it executed by the Borrower, the Agent and each Additional Bank, (v) the Agent shall have received Revolving Notes executed by the Borrower in favor of each such Additional Bank in the amount of its Revolving Credit Commitment after giving effect to such increase (such Additional Bank to promptly return to the Borrower any Revolving Note previously issued to it hereunder), (vi) EBITDA for the then four most recently completed fiscal quarters of the Borrower are greater than $100,000,000, and (vii) after giving effect to such increase, the aggregate cumulative amount of increases in the Revolving Credit Commitments by virtue of this Section shall not exceed $25,000,000. Upon the satisfaction of such conditions, effective as of the date set forth in such acknowledgment agreement, (i) each such Additional Bank shall thereafter be a "Bank" party to this Agreement and shall be entitled to all rights, benefits and privileges afforded a Bank hereunder and subject to the obligations of a Bank hereunder to the extent of its Revolving Credit Commitment and (ii) the aggregate Revolving Credit Commitments of all the Banks (including the Additional Banks) shall be increased by the amount of the Revolving Credit Commitments of the Additional Banks (without any increase in the Revolving Credit Commitment of any Bank other than an Additional Bank). Concurrently with the effectiveness of ...
