Common use of Additional Commitment Lenders Clause in Contracts

Additional Commitment Lenders. The Borrowers shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; 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 Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 6 contracts

Samples: Credit Agreement (Gsi Group Inc), Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc)

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Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the applicable Extension Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, as an “Additional Commitment Assuming Lender”) as provided in Section 11.14; provided that with the approval of the Agent and each Issuing Bank (which approval shall not be unreasonably withheld), each of such Additional Commitment which Assuming Lenders shall enter have entered into an Assignment assumption agreement in form and substance satisfactory to the Borrower and the Agent (an “Assumption Agreement”) duly executed by such Eligible Assignee, the Agent and the Borrower, pursuant to which such Additional Commitment Assuming Lender shall, effective as of the Existing Maturity applicable Extension Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Assuming Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 6 contracts

Samples: Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Expiration Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees assignees permitted pursuant to Section 11.8 of this Agreement (each, an “Additional Commitment Lender”) as provided with the approval of the Administrative Agent, the Swing Loan Lender and Issuing Lender (in Section 11.14; provided that each case, such approval not to be unreasonably withheld, conditioned or delayed), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance reasonably satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Expiration Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).. (e)

Appears in 2 contracts

Samples: Credit Agreement (Dayton Power & Light Co), Credit Agreement (Ipalco Enterprises, Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; 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 Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 2 contracts

Samples: Credit Agreement (Gsi Group Inc), Security Agreement (Gsi Group Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Revolving Credit Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees Persons (each, an “Additional Commitment Lender”; each Additional Commitment Lender, together with any Lender that extends its Commitment, being collectively called the “Continuing Lenders”) as provided in Section 11.14; provided that with the approval of the Administrative Agent, the Swingline Lender and the Letter of Credit Issuer (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, shall undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Revolving Credit Agreement (ITC Holdings Corp.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Revolving Credit Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent and the Issuing Lenders (which approvals shall not be unreasonably withheld), 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 Existing Initial Revolving Credit Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Credit Agreement (3d Systems Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Expiration Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees Assignees, which may be a then existing Lender (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent, Swing Loan Lender and the Issuing Lender (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Expiration Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).. (e)

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees acceptable to the Administrative Agent (each, an “Additional Commitment Lender”) as provided in Section 11.1410.13; 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 Existing Maturity Anniversary Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any such ), provided that the Extending Lenders shall have the right to increase their Commitment up to the amount of the Non-Extending Lenders’ Commitment before the Borrower will be permitted to substitute an Additional Commitment Lender in respect of the Term Facility is already for a Term Non-Extending Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Altera Credit Agreement (Altera Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Extension Deadline to replace each Non-Extending Revolving Credit Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees replacement lenders (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity DateExtension Deadline, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Revolving Credit Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Donaldson Co Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Extension Deadline to replace each Non-Extending Revolving Credit Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees replacement lenders (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent and the L/C Issuer (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Company and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity DateExtension Deadline, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Revolving Credit Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).. (e)

Appears in 1 contract

Samples: 4 Credit Agreement (Donaldson Co Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Expiration Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees Assignees, which may be a then existing Lender (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent, Swing Loan Lender and the Issuing Lender (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Expiration Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Xxxxxx’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).. (e)

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

Additional Commitment Lenders. The Borrowers shall have the right on or before the Existing Revolving Credit Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility "Lenders" under this Agreement in place thereof, one or more Eligible Assignees Persons (each, an "ADDITIONAL COMMITMENT LENDER"; each Additional Commitment Lender, together with any Lender that extends its Commitment, being collectively called the "CONTINUING LENDERS") as provided in Section 11.14; provided that with the approval of the Administrative Agent and the Letter of Credit Issuer (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to each Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, shall undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender's Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Revolving Credit Agreement (ITC Holdings Corp.)

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Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Non‑Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent and, if such specified credit facility is the Revolving Loan credit facility, the Issuing Lender and Swingline Lender (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption or similar agreement in form and substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the extension of the Existing Stated Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any ) with respect to such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender)specified credit facility.

Appears in 1 contract

Samples: Credit Agreement (CatchMark Timber Trust, Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility "Lenders" under this Agreement in place thereof, one or more Eligible Assignees assignees permitted pursuant to Section 11.8 of this Agreement (each, an "Additional Commitment Lender") as provided with the approval of the Administrative Agent, the Swing Loan Lender and Issuing Lender (in Section 11.14; provided that each case, such approval not to be unreasonably withheld, conditioned or delayed), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance reasonably satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender's Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises, Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Revolving Credit Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility "Lenders" under this Agreement in place thereof, one or more Eligible Assignees Persons (each, an "ADDITIONAL COMMITMENT LENDER"; each Additional Commitment Lender, together with any Lender that extends its Commitment, being collectively called the "CONTINUING LENDERS") as provided in Section 11.14; provided that with the approval of the Administrative Agent and the Letter of Credit Issuer (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, shall undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender's Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Revolving Credit Agreement (ITC Holdings Corp.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the applicable Extension Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (eachas an Assuming Lender) with the approval of the Agent (which approval shall not be unreasonably withheld), an “Additional Commitment Lender”) as provided in Section 11.14; provided that each of such Additional Commitment which Assuming Lenders shall enter have entered into an Assignment and Assumption Agreement pursuant to which such Additional Commitment Assuming Lender shall, effective as of the Existing Maturity applicable Extension Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Assuming Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date); if any such Additional provided, that, each Lender choosing to extend its Commitment Lender in respect of under this Section 2.20 shall have the Term Facility is already a Term Lender, right to increase its Term Loan shall be in addition Commitment up to any other Term Loan the amount of such Non-Extending Lender)’s Commitment before the Borrower will be permitted to replace such Non-Extending Lender with an Eligible Assignee hereunder.

Appears in 1 contract

Samples: Credit Agreement (Yahoo Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent, the Swing Line Lender(s) and the L/C Issuer(s) (which approvals shall not be unreasonably withheld, delayed or conditioned), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Samples: Credit Agreement (Dayton Power & Light Co)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent and, if such specified credit facility is the Revolving Loan credit facility, the Issuing Lender and Swingline Lender (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption or similar agreement in form and substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the extension of the Existing Stated Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any ) with respect to such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender)specified credit facility.

Appears in 1 contract

Samples: Credit Agreement (CatchMark Timber Trust, Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the applicable Extension Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, as an “Additional Commitment Assuming Lender”) as provided in Section 11.14; provided that with the approval of the Agent and each Issuing Bank (which approval shall not be unreasonably withheld), each of such Additional Commitment which Assuming Lenders shall enter have entered into an Assignment assumption agreement in form and substance satisfactory to the Borrower and the Agent (an “Assumption Agreement”) duly executed by such Eligible Assignee, the Agent and the Borrower, pursuant to which such Additional Commitment Assuming Lender shall, effective as of the Existing Maturity applicable Extension Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Assuming Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Xxxxxx’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).. 101

Appears in 1 contract

Samples: Credit Agreement (Science Applications International Corp)

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