Common use of Extended Revolving Commitments Clause in Contracts

Extended Revolving Commitments. (a) Each existing Revolving Lender that executes and delivers a signature page to this Agreement indicating that such Person is an “Accepting Lender” will have agreed to the terms of this Agreement upon the effectiveness of this Agreement on the Extension Agreement Effective Date as an Accepting Lender. The Extended Revolving Commitments of any Accepting Lender will be the amount set forth opposite such Accepting Lender on Schedule 1.1A hereto. On and after the Extension Agreement Effective Date, each reference in the Credit Agreement and this Agreement to (i) “Revolving Commitment” shall include the Extended Revolving Commitments as contemplated hereby and (ii) “Revolving Loan” shall include the Extended Revolving Loans as contemplated hereby.

Appears in 1 contract

Sources: Extension Agreement (Lear Corp)

Extended Revolving Commitments. (a) Each existing Revolving Lender that executes and delivers a signature page to this Agreement indicating that such Person is an “Accepting Revolving Lender” will have agreed to the terms of this Agreement upon the effectiveness of this Agreement on the Extension Agreement and Amendment Effective Date as an Accepting Revolving Lender. The Extended Revolving Commitments of any Accepting Revolving Lender will be the amount set forth opposite such Accepting Revolving Lender on Schedule 1.1A hereto. On and after the Extension Agreement and Amendment Effective Date, each reference in the Credit Agreement and this Agreement to (i) “Revolving Commitment” shall include the Extended Revolving Commitments as contemplated hereby and (ii) “Revolving Loan” shall include the Extended Revolving Loans as contemplated hereby.

Appears in 1 contract

Sources: Credit Agreement (Lear Corp)