Effect of Additional Commitment Amendment Clause Samples
Effect of Additional Commitment Amendment. On each Additional Commitments Closing Date, (i) each Eligible Assignee which is providing an Additional Commitment shall become a “Lender” for all purposes of this Agreement and the other Loan Documents, (ii) each Additional Commitment shall become “Commitments” hereunder, (iii) each loan provided pursuant to an Additional Commitment shall be a “Loan” for all purposes of this Agreement and the other Loan Documents, and (iv) in the case of any increase of the Aggregate Commitments, the Company shall prepay any Revolving Credit Loans outstanding (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Revolving Credit Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.
Effect of Additional Commitment Amendment. On each Additional Commitments Effective Date, (i) each Lender or Eligible Assignee which is providing an Additional Revolving Credit Commitment (A) shall become a “Lender” for all purposes of this Agreement and the other Loan Documents and (B) shall have an Additional Revolving Credit Commitment which shall become “Revolving Credit Commitments” hereunder and (ii) all Additional Revolving Credit Commitments shall constitute part of the Revolving Credit Facility.
Effect of Additional Commitment Amendment. On each Additional Commitments Closing Date, (i) each Eligible Assignee which is providing an Additional Commitment shall become a “Lender” for all purposes of this Agreement and the other Loan Documents, (ii) each Additional Commitment shall become “Commitments” hereunder, (iii) each loan provided pursuant to an Additional Commitment shall be a “Loan” for all purposes of this Agreement and the other Loan Documents, and