Common use of Increasing Lenders Clause in Contracts

Increasing Lenders. Each current Lender with a Revolving Commitment increasing its Revolving Commitments in connection with an Accordion Increase (each an “Increasing Lender”) shall confirm such agreement pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrowers and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.

Appears in 3 contracts

Samples: Credit Agreement (Rayonier Inc), Guarantee Agreement (Rayonier, L.P.), Credit Agreement (Rayonier Inc)

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Increasing Lenders. Each current Lender with a Revolving Commitment of the then existing Lenders increasing its Revolving Commitments in connection Commitment with an Accordion Increase (each an “Increasing Lender”) shall confirm such agreement pursuant to an acknowledgement in a form reasonably acceptable to the Administrative Agent, signed by it and the Borrowers Borrower and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.

Appears in 2 contracts

Samples: Credit Agreement (Louisiana-Pacific Corp), Credit Agreement (Louisiana-Pacific Corp)

Increasing Lenders. Each current Increasing Lender with a Revolving Commitment increasing its Revolving Commitments in connection with an Accordion Increase (each an “Increasing Lender”) shall confirm such its agreement to increase its Commitments pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrowers Agent and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.

Appears in 2 contracts

Samples: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)

Increasing Lenders. Each current Increasing Lender with a shall confirm its agreement to increase its Revolving Commitment increasing its Revolving Commitments in connection with an Accordion Increase (each an “Increasing Lender”) shall confirm such agreement pursuant to an acknowledgement in a form reasonably acceptable to the Administrative Agent, signed by it and the Borrowers Company and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.

Appears in 1 contract

Samples: Credit Agreement (Westinghouse Air Brake Technologies Corp)

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Increasing Lenders. Each of the current Lender with a Revolving Commitment Lenders increasing its Revolving Commitments in connection with an Accordion Increase (each an “Increasing Lender”) shall confirm such agreement pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrowers Borrower and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.

Appears in 1 contract

Samples: Credit Agreement (Seaboard Corp /De/)

Increasing Lenders. Each current Lender with a Revolving Commitment increasing its Revolving Commitments in connection with an Accordion Increase (each an “Increasing Lender”) shall confirm such agreement pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrowers and delivered to the Administrative Agent at least five (5) days before the effective date of such increase.. CHAR2\1701593v10

Appears in 1 contract

Samples: Credit Agreement (Rayonier Inc)

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