Lender Elections Sample Clauses

Lender Elections. Each Lender shall notify the Administrative Agent within the time period specified in Section 2.14(a) whether or not it agrees to provide any Incremental Loan Commitment (which decision shall be made in the sole discretion of each Lender) and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested Incremental Loan Commitments. Any Lender not responding within such time period shall be deemed to have declined to provide any of the requested Incremental Loan Commitments. Each prospective lender shall notify the Administrative Agent within such time period whether or not it agrees to provide any portion of the requested Incremental Loan Commitments and, if so, in what amount. Any prospective lender not responding within such time period shall be deemed to have declined to provide any portion of the requested Incremental Loan Commitments.
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Lender Elections. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in the requested Additional Term Facility and, if so, the amount of such participation. Any Lender not responding within such time period shall be deemed to have declined to participate in such Additional Term Facility.
Lender Elections. Each Term Lender shall notify the Agent within the time period described in Section 2.19(a) whether or not it agrees to make an Incremental Term Loan Commitment on the terms requested and, if so, in what amount. Any Term Lender not responding within such time period shall be deemed to have declined to participate, and no Term Lender shall have any obligation to participate.
Lender Elections. Each Revolving Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Revolving Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable Revolving Percentage of such requested increase. Each Term B Lender shall notify the Administrative Agent within such time period whether or not it agrees to provide an Incremental Term Loan, and, if so, in what amount. Any Lender not responding within such time period shall be deemed to have declined to increase its Revolving Commitment or provide an Incremental Term Loan.
Lender Elections. Each applicable Lender shall notify the Administrative Agent within the time period specified in Section 2.16(a) whether or not it agrees to participate in the requested Incremental Facility and, if so, whether by an amount equal to, greater than, or less than the portion of the Incremental Facility offered to it. Any Lender not responding within such time period shall be deemed to have declined to participate in the Incremental Facility. Neither the Arrangers, the Bookrunners nor the Administrative Agent shall have any responsibility for arranging any such Incremental Facility without their prior written consent, and no Lender shall be required to make term loans under the Incremental Facility to facilitate such Incremental Facility.
Lender Elections. Each Lender shall notify the Agent within the time period described in Section 2.18(c) whether or not it agrees to increase its Commitment and, if so, whether by an amount equal to, greater than, or less than its Commitment Percentage of such Commitment Increase Request. Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment. No Lender shall have any obligation to increase its Commitment.
Lender Elections. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees (i) to increase its Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase and/or (ii) to provide an Incremental Facility, and, if so, in what amount. Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment or provide an Incremental Facility.
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Lender Elections. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to (x) increase its Commitment in the applicable Facility or (y) provide new Commitments in respect of any Facility or tranche and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase in Total Credit Exposure. Any Lender not responding within such time period shall be deemed to have declined to increase its (or to provide a new) Commitment in the applicable Facility or tranche.
Lender Elections. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to any requested increase in the Facilities and, if so, whether by an amount equal to, greater than, or less than the amount which corresponds to such Lender’s Aggregate Facility Pro Rata Share of such requested increase; provided, that, as noted above, any increase in a Lender’s Aggregate Facility Pro Rata Share with respect to the Facilities shall be subject to the terms of Section 2.01(d)). Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to make any additional commitment or funding of the Facilities at such time.
Lender Elections. Each Lender shall notify the Agent within the time period described in Section 2.18(a) whether or not it agrees to increase its Commitment (or make an Incremental Term Loan, as applicable) and, if so, whether by an amount equal to, greater than, or less than its Commitment Percentage of such Commitment Increase Request. Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment or to make an Incremental Term Loan. No Lender shall have any obligation to increase its Commitment or to make an Incremental Term Loan. Extension Request. The Borrowers shall provide the applicable Extension Request at least ten (10) Business Days (or such shorter period as may be agreed by the Agent) prior to the date on which Revolving Lenders are requested to respond. No Revolving Lender shall have any obligation to agree to provide any Extended Revolving Commitment pursuant to any Extension Request. Any Revolving Lender (each, an “Extending Revolving Lender”) wishing to have all or a portion of its Revolving Commitments subject to such Extension Request amended into Extended Revolving Commitments shall notify the Agent (each, an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Revolving Commitments which it has elected to request be amended into Extended Revolving Commitments (subject to any minimum denomination requirements imposed by the Agent). In the event that the aggregate principal amount of Revolving Commitments in respect of which applicable Revolving Lenders shall have accepted the relevant Extension Request exceeds the amount of Extended Revolving Commitments requested to be extended pursuant to the Extension Request, Revolving Commitments subject to Extension Elections shall be amended to reflect allocations of the Extended Revolving Commitments, which Extended Revolving Commitments shall be allocated as agreed by Agent and the Borrowers.
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