Common use of New Term Lenders Clause in Contracts

New Term Lenders. Subject to the occurrence of the First Amendment Effective Date, each of the parties hereto hereby agrees that each of the existing Lenders becoming a Term Lender with a new Term Commitment listed on Schedule I hereto (each, a “New Term Lender” and, collectively, the “New Term Lenders”) will (and does hereby) become a “Term Lender” under and for all purposes of the Credit Agreement with a Term Commitment in the amount as set forth on Schedule I hereto and xxxxxx agrees to be bound by and comply with all of the terms and provisions of the Credit Agreement applicable to it as a “Term Lender” thereunder and that it will perform all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Term Lender. Each New Term Lender represents and warrants that it has full power and authority, and has taken all action necessary, to execute this Amendment and to consummate the transactions contemplated hereby and to become a Term Lender under the Credit Agreement. For the avoidance of doubt, the Commitments of each Lender (including the New Term Lenders) shall be as set forth in Schedule I of the Credit Agreement, as amended hereby.

New Term Lenders. Subject to the occurrence of the First Amendment Effective Date, each of the parties hereto hereby agrees that each of the existing Lenders becoming a Term Lender with a new Term Commitment listed on Schedule I hereto (each, a “New Term Lender” and, collectively, the “New Term Lenders”) will (and does hereby) become a “Term Lender” under and for all purposes of the Credit Agreement with a Term Commitment in the amount as set forth on Schedule I hereto and xxxxxx agrees to be bound by and comply with all of the terms and provisions of the Credit Agreement applicable to it as a “Term Lender” thereunder and that it will perform all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Term Lender. Each New Term Lender represents and warrants that it has full power and authority, and has taken all action necessary, to execute this Amendment and to consummate the transactions contemplated hereby and to become a Term Lender under the Credit Agreement. For the avoidance of doubt, the Commitments of each Lender (including the New Term Lenders) shall be as set forth in Schedule I of the Credit Agreement, as amended hereby.. REDUCTION OF CERTAIN REVOLVING COMMITMENTS