Common use of Ownership Certification Clause in Contracts

Ownership Certification. The Borrower shall prepay any Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 9.04) to the extent necessary to keep the outstanding Loans ratable among the Lenders’ applicable percentages of the Aggregate Commitments arising from any non-ratable increase in the Commitments under this Section. For avoidance of doubt, no such increase shall modify the Alternative Currency Sublimit unless otherwise agreed in accordance with the terms of this Agreement.

Appears in 4 contracts

Samples: Assignment and Assumption (TE Connectivity Ltd.), Credit Agreement (TE Connectivity Ltd.), Credit Agreement

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