Common use of Immediately upon Clause in Contracts

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Bank pro tanto.

Appears in 2 contracts

Samples: Credit Agreement (Dreyers Grand Ice Cream Inc), Credit Agreement (Dreyers Grand Ice Cream Holdings Inc)

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Immediately upon. each Assignee's making its processing fee payment under the Assignment and AcceptanceAssumption, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment Commitments allocated to each Assignee shall reduce such Commitments of the assigning Bank pro tanto.

Appears in 2 contracts

Samples: Master Pledge Agreement (Willbros Group Inc), Credit Agreement (Willbros Group Inc)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments Proportionate Commitment arising therefrom. The Proportionate Commitment allocated to each Assignee shall reduce such the Proportionate Commitments of the assigning assignor Bank pro tanto.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Niagara Corp)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments Commitment arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments Commitment of the assigning Bank pro tanto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Plum Creek Timber Co L P)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement Agreement, shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments Aggregate Commitment arising therefrom. The Commitment allocated to each an Assignee shall reduce such Commitments the Commitment of the assigning Bank pro tanto.

Appears in 1 contract

Samples: Credit Agreement (Us Industries Inc)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Bank pro tanto.. --- -----

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Applied Power Inc)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Bank Lender pro tanto.. --- -----

Appears in 1 contract

Samples: Amendment Agreement (Max Re Capital LTD)

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Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments the Commitment of the assigning Bank pro tanto.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Kmart Corp)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments Commitment of the assigning Bank pro tanto.

Appears in 1 contract

Samples: Credit Agreement (Network Peripherals Inc)

Immediately upon. each Assignee's making its processing fee payment under the Assignment and Acceptance, this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Bank Lender pro tanto.. 108

Appears in 1 contract

Samples: Credit Agreement (Motivepower Industries Inc)

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