Common use of Impacted Lenders Clause in Contracts

Impacted Lenders. Notwithstanding anything contained in this Agreement, if any Lender becomes an Impacted Lender, then, (a) to the extent permitted by applicable Law, at the request of the Borrower, any Impacted Lender may be replaced in accordance with Section 11.16 and (b) so long as any Lender remains an Impacted Lender, the Borrower may (in its discretion) apply all or any portion to be specified by the Borrower of any optional reduction of unused Commitments under Section 2.06(a) to the unused Commitments of any one or more Impacted Lenders specified by the Borrower before applying any remaining reduction to all Lenders in the manner otherwise specified in Section 2.06(c). [THE BALANCE OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

Impacted Lenders. Notwithstanding anything contained in this Agreement, if any Lender becomes an Impacted Lender, then, (a) to the extent permitted by applicable Law, at the request of the Borrower, any such Impacted Lender may be replaced in accordance with Section 11.16 9.13 and (b) so long as any Lender remains an Impacted Lender, the Borrower may (in its discretion) apply all or any portion to be specified by the Borrower of any optional reduction of unused Commitments under Section 2.06(a2.12(c) to the unused Commitments of any one or more such Impacted Lenders Lender specified by the Borrower before applying any remaining reduction to all Lenders in the manner otherwise specified in Section 2.06(c2.12(c). [THE BALANCE OF THIS PAGE IS INTENTIONALLY LEFT BLANK].