Outstanding Libor Loans. (a) The parties hereby acknowledge that, on the date hereof, Libor Loans having Interest Periods ending after the date hereof may be outstanding (the "Outstanding Libor Loans"). It is acknowledged and agreed by the parties hereto that all rights and interests of the Lenders in respect of, and any obligation of the Borrower in respect of, the Outstanding Libor Loans are solely a risk and for the account of the Lenders based upon their respective Rateable Portions as in effect prior to and without regard to the provisions of this Agreement.
Outstanding Libor Loans. (a) The parties hereby acknowledge that, on the date hereof, Libor Loans having Interest Periods ending after the date hereof may be outstanding (the "Outstanding Libor Loans"). Notwithstanding any provision of this Agreement to the contrary, the New Lenders and the Lenders who are increasing their respective Syndicated Facility Commitments shall not (but in the case of the Lenders increasing their respective Syndicated Facility Commitments only with respect to the increased amount of their respective Syndicated Facility Commitments) have any right, title, benefit or interest in or to any Outstanding Libor Loans nor any obligation or liability to the other Lenders in respect thereof.
Outstanding Libor Loans. (a) The parties hereby acknowledge that, on the date hereof, Libor Loans accepted by the Assignor and having terms to maturity ending on or after the date hereof may be outstanding (the “Outstanding Libor Loans”). Notwithstanding any provision of the Credit Agreement or this Agreement, the Assignee shall have no right, title, benefit or interest in or to any Outstanding Libor Loans. The Assignee shall assume no liability or obligation to the Assignor in respect of such Outstanding Libor Loans.
Outstanding Libor Loans. The parties hereby acknowledge that, on the date hereof, Libor Loans having Interest Periods ending after the date hereof may be outstanding (the "Outstanding Libor Loans"). Notwithstanding any provision of the Credit Agreement or this Agreement to the contrary, until the expiry of the applicable Interest Periods, the Rateable Portion of each Lender with respect to such Outstanding Libor Loans shall be such Lender's Rateable Portion prior to giving effect to any change to such Lender's Syndicated Facility Commitments as set forth herein. From time to time, as the Interest Periods of the Outstanding Libor Loans expire and Rollovers and Conversions are made by the Borrower in respect thereof, each of the Lenders shall participate in the Loans effecting such Rollovers and Conversions to the full extent of its Syndicated Facility Commitment after giving effect to the provisions of this Agreement.
Outstanding Libor Loans. As of the Seventh Amendment Effective Date, any outstanding Term Loans that are LIBOR Rate Loans prior to giving effect to this Agreement will continue as LIBOR Loans (in accordance with the Credit Agreement prior to giving effect to this Agreement) until the last day of the Interest Period applicable to such Loans (or the next following Business Day if such day is not a Business Day) and, to the extent such Loans remain outstanding on such date, shall only be available to be converted by the Borrower to a Term SOFR Loan or a ABR Loan.
Outstanding Libor Loans. (a) The parties hereby acknowledge that, on the date hereof, Libor Loans having Interest Periods ending after the date hereof are outstanding (the "OUTSTANDING LIBOR LOANS"). Notwithstanding any provision of the Credit Agreement or this Agreement to the contrary, until the expiry of the applicable Interest Periods, the New Lenders and the Initial Lenders which are increasing their respective Canadian Facility Commitments shall not (in the case of such Initial Lenders with respect to the increased amounts of their respective Canadian Facility Commitments) have any right, title, benefit or interest in or to any Outstanding Libor Loans nor any obligation or liability to the other Lenders in respect thereof.
