Common use of Affected Lenders Clause in Contracts

Affected Lenders. If Borrower is obligated to pay to any Lender any additional amount under subsections 2.6 (other than subsection 2.6D), 2.7 or 3.6 hereof, Borrower may, if no Event of Default or Potential Event of Default then exists, replace such Lender with one or more assignees reasonably acceptable to Administrative Agent, and such Lender hereby agrees to be so replaced subject to the following:

Appears in 5 contracts

Samples: Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc)

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Affected Lenders. If any Borrower is obligated to pay to any Lender any additional amount under subsections 2.6 (other than subsection 2.6D)Subsections 2.11, 2.7 2.16, 2.18 or 3.6 2.21(J) hereof, Borrower or if any Lender is a Defaulting Lender, Borrowers may, if no Event of Default or Potential Event of Default then exists, replace such Lender with one or more assignees reasonably another lender acceptable to Administrative Agent, and such Lender hereby agrees to be so replaced subject to the following:

Appears in 3 contracts

Samples: Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp)

Affected Lenders. If Borrower is obligated to pay to any Lender any additional amount under subsections 2.6 (other than subsection 2.6D)Subsections 2.10, 2.7 2.15, 2.17 or 3.6 2.20(J) hereof, or if any Lender is a Defaulting Lender, Borrower may, if no Event of Default or Potential Event of Default then exists, replace such Lender with one or more assignees reasonably another lender acceptable to Administrative Agent, and such Lender hereby agrees to be so replaced subject to the following:

Appears in 2 contracts

Samples: Loan and Security Agreement (Webco Industries Inc), Loan and Security Agreement (Webco Industries Inc)

Affected Lenders. If Borrower is obligated to pay to any Lender any additional amount under subsections 2.6 (other than subsection 2.6D), ) or 2.7 or 3.6 hereof, Borrower may, if no Event of Default or Potential Event of Default then exists, replace such Lender with one or more assignees reasonably acceptable to the Administrative Agent, and such Lender hereby agrees to be so replaced subject to the following:

Appears in 1 contract

Samples: Second Lien Credit Agreement (Beasley Broadcast Group Inc)

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Affected Lenders. If the Borrower is obligated to pay to any Lender any additional amount under subsections 2.6 or 2.7 hereof (other than subsection 2.6D), 2.7 and such Lender is unable or 3.6 hereofunwilling to mitigate such amounts in accordance with subsection 2.8, the Borrower may, if no Event of Default or Potential Event of Default then exists, replace such Lender with one or more assignees reasonably an Eligible Assignee acceptable to Administrative the Managing Agent, and such Lender hereby agrees to be so replaced subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Hartmarx Corp/De)

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