Common use of No Requirement of Matched Funding Clause in Contracts

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 236 contracts

Samples: Revolving Credit Agreement (Cleveland-Cliffs Inc.), Credit Agreement (Vector Group LTD), Credit Agreement (SeaSpine Holdings Corp)

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No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate. The provisions of this Section shall apply as if each Lender or its Participants had match funded any Obligation as to which interest is accruing at the LIBOR Rate by acquiring eurodollar deposits for each Interest Period in the amount of the LIBOR Rate Loans.

Appears in 137 contracts

Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 10 contracts

Samples: Term Loan Credit Agreement (Cross Country Healthcare Inc), Abl Credit and Guarantee Agreement (Janus International Group, Inc.), Credit Agreement (Thryv Holdings, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR LIBORAdjusted Term SOFR or the Term SOFR Reference Rate.

Appears in 7 contracts

Samples: Credit Agreement (Insteel Industries Inc), Credit Agreement (Liberty Energy Inc.), Credit Agreement (WABASH NATIONAL Corp)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation Advance as to which interest accrues at by reference to the LIBOR Rate.

Appears in 7 contracts

Samples: Loan and Security Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Capital, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.. 2.13

Appears in 4 contracts

Samples: Credit Agreement (BlueLinx Holdings Inc.), Credit Agreement (Neophotonics Corp), Credit Agreement (Vector Group LTD)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither any Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 3 contracts

Samples: Credit Agreement (Arc Document Solutions, Inc.), Credit Agreement (American Reprographics CO), Credit Agreement (Coleman Cable, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither the Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Finance Obligation as to which interest accrues at the LIBOR any Contract Rate.

Appears in 3 contracts

Samples: Credit Agreement (JELD-WEN Holding, Inc.), Revolving Credit Agreement (JELD-WEN Holding, Inc.), Credit Agreement (JELD-WEN Holding, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, Agent nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits or Bankers Acceptances to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR applicable Non-Prime Rate.

Appears in 3 contracts

Samples: Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits or any other Applicable Currency deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 3 contracts

Samples: Credit Agreement (Concrete Pumping Holdings, Inc.), Credit Agreement (Concrete Pumping Holdings, Inc.), Credit Agreement (Concrete Pumping Holdings, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Index Rate.

Appears in 2 contracts

Samples: Credit Agreement, Possession Credit Agreement

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation Revolving Advance as to which interest accrues at by reference to the LIBOR Rate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Capital, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar or Sterling deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR applicable Non-Prime Rate.

Appears in 2 contracts

Samples: Credit Agreement (MDC Partners Inc), Credit Agreement (MDC Partners Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR LIBORAdjusted Term SOFR or the Term SOFR Reference Rate.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Janus International Group, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate or the Term Loan LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (Essex Rental Corp.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR applicable Eurodollar Rate.

Appears in 1 contract

Samples: Credit Agreement (Upland Software, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (BOISE CASCADE Co)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateRate or Daily One Month LIBOR.

Appears in 1 contract

Samples: Credit Agreement (McClatchy Co)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits or Dollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Non-Base Rate.

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.. The provisions of this Section 2.13 shall apply as if each Lender or its

Appears in 1 contract

Samples: Loan and Security Agreement (Right Start Inc /Ca)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is actually required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateRate and each Lender may fund each of its LIBOR Rate Loans in any manner it sees fit.

Appears in 1 contract

Samples: Credit Agreement (Intapp, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate or Index Rate, as applicable.

Appears in 1 contract

Samples: Credit Agreement (Dixie Group Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither none of Agent, nor any Lender, nor any of their Participants, Participants is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (H&E Equipment Services, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their its Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at based on the LIBOR Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Marlin Business Services Corp)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither the Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar Eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (ATI Intermediate Holdings, LLC)

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No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateDaily One Month LIBOR.

Appears in 1 contract

Samples: Credit Agreement (Renewable Energy Group, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, Lender nor any of their its Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at by reference to the LIBOR Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Fortegra Financial Corp)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar Euro deposits or Sterling deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (API Technologies Corp.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (InfuSystem Holdings, Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither none of Agent, nor any Lender, nor any or of their respective Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation Advance as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Abl Dip Agreement

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at Term SOFR or the LIBOR LIBORTerm SOFR Reference Rate.

Appears in 1 contract

Samples: Credit Agreement (Sharecare, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither no Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Bumble Bee Capital Corp.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to <acquire eurodollar deposits to fund or otherwise >match fund any Obligation as to which interest accrues at the LIBOR RateDaily <One Month LIBOR.> 

Appears in 1 contract

Samples: Credit Agreement (Flexsteel Industries Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate; provided that, for the avoidance of doubt, neither Agent nor any Lender shall assert or be entitled to any Funding Losses in respect of LIBOR Rate Loans with respect to which Agent or such Lender did not actually acquire Eurodollar deposits to fund or otherwise match fund.

Appears in 1 contract

Samples: Credit Agreement (Stock Building Supply Holdings, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR RateDaily One Month LIBOR.

Appears in 1 contract

Samples: Credit Agreement (Flexsteel Industries Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar Eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at based on the LIBOR Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (NewStar Financial, Inc.)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Administrative Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate or LIBOR Index Rate.

Appears in 1 contract

Samples: Abl Credit Agreement (Cross Country Healthcare Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar or Sterling deposits to fund or otherwise match fund any Obligation as to which interest accrues at the applicable LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (Ciber Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Revolving Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither U.S. Agent, nor any U.S. Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any U.S. Obligation as to which interest accrues at the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (Seitel Inc)

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