Common use of Changes in Commitments Clause in Contracts

Changes in Commitments. With effect from and including the Amendment Effective Date, (i) each Person listed on the signature pages hereof which is not a party to the Agreement (each, a "NEW BANK") shall become a Bank party to the Agreement and (ii) the Commitment of each Bank shall be the amount set forth opposite the name of such Bank on Schedule 2.01 attached hereto. On the Amendment Effective Date, any Bank whose Commitment is changed to zero (each, an "EXITING BANK") shall cease to be a Bank party to the Agreement, and all accrued fees and other amounts payable under the Agreement for the account of each Exiting Bank shall be due and payable on such date; PROVIDED that the provisions of Sections 3.01, 3.03, 10.04 and 10.05 of the Agreement shall continue to inure to the benefit of each Exiting Bank after the Amendment Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (General Mills Inc), Credit Agreement (General Mills Inc)

AutoNDA by SimpleDocs

Changes in Commitments. With effect from and including the Amendment No. 2 Effective Date, (i) each Person listed on the signature pages hereof which is not a party to the Credit Agreement (each, a "NEW BANK"“New Bank”) shall become a Bank party to the Agreement Credit Agreement, and (ii) the Commitment of each Bank shall be the amount set forth opposite the name of such Bank on Schedule 2.01 attached heretothe Commitment Schedule. On the Amendment No. 2 Effective Date, any Bank whose Commitment is changed to zero (each, an "EXITING BANK"“Exiting Bank”) shall cease to be a Bank party to the Credit Agreement, and all accrued fees and other amounts payable under the Credit Agreement for the account of each Exiting Bank shall be due and payable on such date; PROVIDED provided that the provisions of Sections 3.018.03, 3.03, 10.04 8.04 and 10.05 9.03 of the Credit Agreement shall continue to inure to the benefit of each Exiting Bank after the Amendment No. 2 Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Rockwell Collins Inc)

AutoNDA by SimpleDocs

Changes in Commitments. With effect from and including the Amendment No. 1 Effective Date, (i) each Person listed on the signature pages hereof which is not a party to the Credit Agreement (each, a "NEW BANK"“New Bank”) shall become a Bank party to the Agreement Credit Agreement, and (ii) the Commitment of each Bank shall be the amount set forth opposite the name of such Bank on Schedule 2.01 attached heretothe Commitment Schedule. On the Amendment No. 1 Effective Date, any Bank whose Commitment is changed to zero (each, an "EXITING BANK"“Exiting Bank”) shall cease to be a Bank party to the Credit Agreement, and all accrued fees and other amounts payable under the Credit Agreement for the account of each Exiting Bank shall be due and payable on such date; PROVIDED provided that the provisions of Sections 3.018.03, 3.03, 10.04 8.04 and 10.05 9.03 of the Credit Agreement shall continue to inure to the benefit of each Exiting Bank after the Amendment No. 1 Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Rockwell Collins Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.