ING. ING hereby (a) acknowledges that it will cease to be a Lender under the Existing Credit Agreement upon its receipt of (i) its Revolving Credit Exposure as of the date hereof in accordance with Section 2.20 of the Existing Credit Agreement, as amended by this Amendment, and (ii) any accrued interest and fees on its Revolving Credit Exposure or its Commitment as of the date hereof (the “ING Prepayment”) and (b) agrees that the Borrower shall have no further obligation to ING under the Credit Agreement and the other Loan Documents 710815357 13429957 (except with respect to those provisions of the Credit Agreement which by their express terms survive the termination of the Credit Agreement). Each of the parties hereto hereby consents to the ING Prepayment and agrees that upon ING’s receipt of the ING Prepayment, ING shall (a) cease to be a Lender under the Existing Credit Agreement, as amended by this Amendment and (b) have no Commitment under the Existing Credit Agreement, as amended by this Amendment.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)
ING. ING hereby (a) acknowledges that it will cease to be a Lender under the Existing Credit Agreement upon its receipt of (i) its Revolving Credit Exposure as of the date hereof in accordance with Section 2.20 of the Existing Credit Agreement, as amended by this Amendment, and (ii) any accrued interest and fees on its Revolving Credit Exposure or its Commitment as of the date hereof (the “ING Prepayment”) and (b) agrees that the Borrower shall have no further obligation to ING under the Credit Agreement and the other Loan Documents 710815357 13429957 (except with respect to those provisions of the Credit Agreement which by their express terms survive the termination of the Credit Agreement). Each of the parties hereto hereby consents to the ING Prepayment and agrees that upon ING’s receipt of the ING Prepayment, ING shall (a) cease to be a Lender under the Existing Credit Agreement, as amended by this Amendment and (b) have no Commitment under the Existing Credit Agreement, as amended by this Amendment.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)