Common use of Additional Commitment Lenders Clause in Contracts

Additional Commitment Lenders. Borrower shall have the right (but not the obligation) to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date).

Appears in 2 contracts

Sources: Credit Agreement (Reliance, Inc.), Credit Agreement (Reliance Steel & Aluminum Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable Anniversary Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 1.14 each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Acceptance pursuant to which such Additional Commitment Lender shall, effective as of the Applicable applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date) (and which Assignment and Acceptance may be executed in the name of a Non-Extending Lender in accordance with Section 1.14).

Appears in 2 contracts

Sources: Credit Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the Closing Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 12.2, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Agreement pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc)

Additional Commitment Lenders. Borrower The Borrowers shall have the right (but not right, on or before the obligation) applicable anniversary of the Effective Date, to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one (1) or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Assumption, pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, shall undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable Anniversary Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 1.14 each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Acceptance pursuant to which such Additional Commitment Lender shall, effective as of the Applicable applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Commitment hereunder on such date) (and which Assignment and Acceptance may be executed in the name of a Non-Extending Lender in accordance with Section 1.14).

Appears in 1 contract

Sources: Credit Agreement (Jones Lang Lasalle Inc)

Additional Commitment Lenders. Borrower The Borrowers shall have the right (but not on or before the obligation) applicable anniversary of the Effective Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) Existing Maturity Date to replace each Non-Non Extending Lender with, and add as "Lenders" under this Agreement in place thereof, one or more Eligible Assignees Replacement Lenders (each, an "Additional Commitment Lender") as provided in Section 10.13; provided that 3.6, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Existing Maturity Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date).

Appears in 1 contract

Sources: Senior Credit Agreement (Unit Corp)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the First Amendment Effective Date to replace each Non-Extending NonExtending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. Borrower shall have the right (but not the obligation) to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Commitment hereunder on such date).

Appears in 1 contract

Sources: Credit Agreement (Reliance Steel & Aluminum Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) Existing Maturity Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as shall undertake all or a portion of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment of such Non-Extending Lender (and, if any such Additional Commitment Lender is already a Lender, its the Commitment so undertaken shall be in addition to such Lender’s original Commitment hereunder on such datehereunder).

Appears in 1 contract

Sources: Credit Agreement (Ebay Inc)

Additional Commitment Lenders. Borrower The Borrowers shall have the right (but not on or before the obligation) applicable anniversary of the Effective Date to replace each Non-Extending Non‑Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Public Service Co of New Hampshire)

Additional Commitment Lenders. The Borrower shall have the right (but not the obligation) to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Commitment hereunder on such date); and provided, further that, for the avoidance of doubt, the Aggregate Commitments in effect immediately prior to any Applicable Anniversary Date shall not be increased pursuant to this Section 2.14(d).

Appears in 1 contract

Sources: Five Year Credit Agreement (Principal Financial Group Inc)

Additional Commitment Lenders. Borrower The Borrowers shall have the right (but not on or before the obligation) applicable anniversary of the Second Amendment Effective Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Syndicated Facility Agreement (Genuine Parts Co)

Additional Commitment Lenders. The Borrower shall have the right (but not right, on or before the obligation) applicable anniversary of the Effective Date, to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one (1) or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Assumption, pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, shall undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the Closing Date to replace each Non-Extending Non‑Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 13.2, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Agreement pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Kansas City Power & Light Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the Effective Date to replace each Non-Extending Non‑Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Public Service Co of New Hampshire)

Additional Commitment Lenders. Borrower The Borrowers shall have the right (but not on or before the obligation) applicable anniversary of the First Amendment Effective Date to replace each Non-Extending NonExtending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) Relevant Anniversary Date to replace each Non-Extending Non‑Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that , each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Relevant Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s 's Commitment hereunder on such date).

Appears in 1 contract

Sources: Credit Agreement (Ebay Inc)

Additional Commitment Lenders. Borrower The Borrowers shall have the right (but not right, on or before the obligation) applicable anniversary of the Third Amendment Effective Date, to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one (1) or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Assumption, pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, shall undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the Effective Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) Relevant Anniversary Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that , each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Relevant Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date).

Appears in 1 contract

Sources: Credit Agreement (Ebay Inc)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the Closing Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 13.2, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Agreement pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Great Plains Energy Inc)

Additional Commitment Lenders. The Borrower shall have the right (but not on or before the obligation) applicable anniversary of the Closing Date to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 13.2, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Agreement pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Dateundertake, undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Commitment shall be in addition to such Lender’s Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Great Plains Energy Inc)

Additional Commitment Lenders. The Borrower shall have the right (but not right, on or before the obligation) applicable anniversary of the Second Amendment Effective Date, to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one (1) or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 10.13; provided that 11.13, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Assumption, pursuant to which such Additional Commitment Lender shall, effective as of the Applicable Anniversary Date, shall undertake a Revolving Credit (USD) Commitment and/or a Revolving Credit (MC) Commitment (and, if any such Additional Commitment Lender is already a Lender, its Revolving Commitment shall be in addition to such Lender▇▇▇▇▇▇’s Revolving Commitment hereunder on such date)) and shall be a “Lender” for all purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Connecticut Light & Power Co)