Common use of Credit Agreement Supplement Clause in Contracts

Credit Agreement Supplement. Each Additional Term Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Term Commitments thereunder) by a supplement to this Agreement (each a “Credit Agreement Supplement”) executed by the Borrower, the Administrative Agent, each existing Lender which has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Lender. Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(g). Each Credit Agreement Supplement establishing any Additional Term Facility or increasing any existing Term Facility shall become effective (the “Term Facility Increase Effective Date”) upon the satisfaction of the conditions precedent to such effectiveness as therein provided, which conditions precedent shall in any case include those specified in Section 2.14(f), unless the conditions precedent specified in Section 2.14(f) are waived (before giving effect to any such Credit Agreement Supplement) with the consent of the Required Term Lenders. Each Credit Agreement Supplement may, without the consent of the Required Term Lenders or any other Lender, effect such technical amendments to Articles I, II and III of this Agreement as may be appropriate in the opinion of the Administrative Agent to effect the provisions of this Section 2.14; provided, however, that any such amendments (i) shall not amend the definition of “Required Lenders,” “Required Revolving Lenders,” “Required Term Lenders,” “Required Additional Term Lenders,” any other provision hereof specifying the percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or to make any determination or grant any consent hereunder or Section 2.13, except as provided in Section 11.01, (ii) shall not amend or otherwise modify the rights and obligations of the Revolving Credit Lenders, and (iii) otherwise shall not amend or modify any material rights and obligations of the non-consenting Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

AutoNDA by SimpleDocs

Credit Agreement Supplement. Each Additional Term Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Term Commitments thereunder) by a supplement to this Agreement (each a “Credit Agreement Supplement”) executed by the Borrower, the Administrative Agent, each existing Lender which has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Term Lender. Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(g). Each Credit Agreement Supplement establishing any Additional Term Facility or increasing any an existing Term Facility shall become effective (the “Term Facility Increase Effective Date”) upon the satisfaction of the conditions precedent to such effectiveness as therein provided, which conditions precedent shall in any case include those specified in Section 2.14(f), unless the conditions precedent specified in Section 2.14(f) are waived with the consent of the Required Term Lenders (before giving effect to any such Credit Agreement Supplement) with the consent of the Required Term Lenders). Each Credit Agreement Supplement may, without the consent of the Required Term Lenders or any other Lender, effect such technical amendments to Articles I, II and III of this Agreement as may be appropriate in the opinion of the Administrative Agent to effect the provisions of this Section 2.14; provided, provided however, that any such amendments (i) shall not amend the definition of “Required Lenders,“Required Revolving Lenders,” “Required Term Lenders,” “Required Additional Term Lenders,” any other provision hereof specifying the percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or to make any determination or grant any consent hereunder or Section 2.13, except as provided in Section 11.01, 10.01 and (ii) shall not amend or otherwise modify the rights and obligations of the Revolving Credit Lenders, and (iii) otherwise shall not amend or modify any material rights and obligations of the non-consenting Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

Credit Agreement Supplement. Each Additional Term Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Term Commitments thereunder) by a supplement to this Agreement (each a “Credit Agreement Supplement”) executed by the Borrower, the Administrative Agent, each existing Lender which has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Lender. Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(g2.14(f). Each Credit Agreement Supplement establishing any Additional Term Facility or increasing any existing Term Facility shall become effective (the “Term Facility Increase Effective Date”) upon the satisfaction of the conditions precedent to such effectiveness as therein provided, which conditions precedent shall in any case include those specified in Section 2.14(f2.14(e), unless the conditions precedent specified in Section 2.14(f2.14(e) are waived (before giving effect to any such Credit Agreement Supplement) with the consent of the Required Term Lenders. Each Credit Agreement Supplement may, without the consent of the Required Term Lenders or any other Lender, effect such technical amendments to Articles I, II and III of this Agreement as may be appropriate in the opinion of the Administrative Agent to effect the provisions of this Section 2.14; provided, however, that any such amendments (i) shall not amend the definition of “Required Lenders,” “Required Revolving Lenders,” “Required Term Lenders,” “Required Additional Term Lenders,” any other provision hereof specifying the percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or to make any determination or grant any consent hereunder or Section 2.13, except as provided in Section 11.01, 11.01 and (ii) shall not amend or otherwise modify the rights and obligations of the Revolving Credit Lenders, and (iii) otherwise shall not amend or modify any material rights and obligations of the non-consenting Lenders.. BACK

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

Credit Agreement Supplement. Each Additional Term --------------------------- Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Term Commitments thereunder) by a supplement to this Agreement (each a "Credit Agreement Supplement") executed by the Borrower, the --------------------------- Administrative Agent, each existing Lender which has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Term Lender. Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(g). Each Credit Agreement --------------- Supplement establishing any Additional Term Facility or increasing any an existing Term Facility shall become effective (the "Term Facility ------------- Increase Effective Date") upon the satisfaction of the conditions ----------------------- precedent to such effectiveness as therein provided, which conditions precedent shall in any case include those specified in Section ------- 2.14(f), unless the conditions precedent specified in Section 2.14(f) ------- --------------- are waived with the consent of the Required Term Lenders (before giving effect to any such Credit Agreement Supplement) with the consent of the Required Term Lenders). Each Credit Agreement Supplement may, without the consent of the Required Term Lenders or any other Lender, effect such technical amendments to Articles I, II and III of this Agreement as may be appropriate in the ---------- -- --- opinion of the Administrative Agent to effect the provisions of this Section 2.14; provided, provided however, that any such amendments (i) shall ------------ -------- ------- not amend the definition of "Required Lenders,” “Required Revolving Lenders,” “Required Term Lenders,” “Required Additional Term Lenders,” any other provision hereof specifying the percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or to make any determination or grant any consent hereunder " or Section 2.13, ------------- except as provided in Section 11.01, 10.01 and (ii) shall not amend or ------------- otherwise modify the rights and obligations of the Revolving Credit Lenders, and (iii) otherwise shall not amend or modify any material rights and obligations of the non-consenting Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

AutoNDA by SimpleDocs

Credit Agreement Supplement. Each Additional Term Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Additional Term Commitments thereunder) by a supplement to this Agreement (each a “Credit Agreement Supplement”) executed by the Borrower, the Administrative Agent, and each existing Lender which and each Eligible Assignee invited to participate in such Facility pursuant to Section 2.03(c) in each case that has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Lenderunder such Facility. Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Additional Term Loans under such Additional Term Facility, subject to Section 2.14(g2.03(f). Each Credit Agreement Supplement establishing any Additional Term Facility or increasing any existing Term Facility shall become effective (the “Additional Term Facility Increase Effective Date”) upon the satisfaction of the conditions precedent to such effectiveness as therein provided, which conditions precedent shall in any case include those specified in Section 2.14(f2.03(e), unless the conditions precedent specified in Section 2.14(f2.03(e) are waived (before giving effect to any such Credit Agreement Supplement) with the consent of the Required Lenders (before giving effect to such Credit Agreement Supplement) and each Lender with a Commitment under such Additional Term LendersFacility. Each Credit Agreement Supplement may, without the consent of the Required Term Lenders or any other Lender, effect such technical amendments to Articles I, II and III of this Agreement as may be appropriate in the opinion of the Administrative Agent to effect the provisions of this Section 2.142.03; provided, provided however, that any such amendments (i) shall not amend the definition of “Required Lenders,“Required Revolving Lenders,” “Required Term Lenders,” “Required Additional Term Lenders,” any other provision hereof specifying the percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or to make any determination or grant any consent hereunder or Section 2.132.11, except as provided in Section 11.01, 11.01 and (ii) shall not amend or otherwise modify the rights and obligations of the Revolving Credit Lenders, and (iii) otherwise shall not amend or modify any material rights and obligations of the non-consenting Lenders.

Appears in 1 contract

Samples: Credit, Pledge and Security Agreement (Discovery Communications, Inc.)

Credit Agreement Supplement. Each Additional Term Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Term Commitments thereunder) by a supplement to this Agreement (each a “Credit Agreement Supplement”) executed by the Borrower, the Administrative Agent, each existing Lender which has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Lender. Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(g2.14(f). Each Credit Agreement Supplement establishing any Additional Term Facility or increasing any existing Term Facility shall become effective (the “Term Facility Increase Effective Date”) upon the satisfaction of the conditions precedent to such effectiveness as therein provided, which conditions precedent shall in any case include those specified in Section 2.14(f2.14(e), unless the conditions precedent specified in Section 2.14(f2.14(e) are waived (before giving effect to any such Credit Agreement Supplement) with the consent of the Required Term Lenders. Each Credit Agreement Supplement may, without the consent of the Required Term Lenders or any other Lender, effect such technical amendments to Articles I, II and III of this Agreement as may be appropriate in the opinion of the Administrative Agent to effect the provisions of this Section 2.14; provided, however, that any such amendments (i) shall not amend the definition of “Required Lenders,” “Required Revolving Lenders,” “Required Term Lenders,” “Required Additional Term Lenders,” any other provision hereof specifying the percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or to make any determination or grant any consent hereunder or Section 2.13, except as provided in Section 11.01, (ii) shall not amend or otherwise modify the rights and obligations of the Revolving Credit Lenders, and (iii) otherwise shall not amend or modify any material rights and obligations of the non-consenting Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

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