Re-allocation of Commitments Sample Clauses

Re-allocation of Commitments. (a) If, following an EPM Re-run, the Holding Period Trustee determines that the Re-Allocation Conditions apply, the Holding Period Trustee shall promptly (and in any event within five Business Days of becoming aware of such Re- Allocation Conditions applying) notify the Global Agent (with a copy to the Conventional Facility Agent and the Investment Agent). (b) On the next Payment Date following the notification referred to in paragraph (a) above: (i) the Islamic Financing Commitments of the Holding Period Trustee shall be cancelled in an amount equal to the Reallocated Amount of such Islamic Financing Commitments such that: (A) the Company and the Holding Period Trustee shall no longer be subject to the rights or obligations of a Participant corresponding to the Reallocated Amount of such Islamic Financing Commitments; (B) the Holding Period Trustee shall no longer be (x) a Party as a "Participant" or (y) a party to the Investment Agency Agreement as a "Participant", in each case in respect of such Reallocated Amount of Islamic Financing Commitments, and the Holding Period Trustee and each of the other Finance Parties shall no longer be subject to obligations towards one another and or have the benefit of rights against one another as the Holding Period Trustee and those Finance Parties would have been subject to and/or had the benefit of had the Holding Period Trustee been an Original Participant in respect of the Reallocated Amount of the Islamic Financing Commitments which are to be cancelled; (C) the Commitments of the other Financiers shall continue in full force and effect; and (ii) in consideration of the cancellation referred to in paragraph (i) above, the Conventional Commitments of the Holding Period Trustee shall be correspondingly increased in an amount equal to the Reallocated Amount of such Conventional Commitments (the "Reallocated Commitments") such that: (A) the Holding Period Trustee shall assume all the obligations of a Conventional Lender corresponding to the Reallocated Commitments; (B) the Company and the Holding Period Trustee shall assume obligations towards one another and/or acquire rights against one another as the Company and the Holding Period Trustee would have assumed and/or acquired had the Holding Period Trustee been an Original Conventional Lender from the Restructuring Effective Date in respect of the Reallocated Amount of the Conventional Commitments that it is to assume; (C) the Holding Period Trustee shall become (x) a...

Re-allocation of Commitments. (a) If, following an EPM Re-run, the Holding Period Trustee determines that the Re-Allocation Conditions apply, the Holding Period Trustee shall promptly (and in any event within five Business Days of becoming aware of such Re- Allocation Conditions applying) notify the Global Agent (with a copy to the Conventional Facility Agent and the Investment Agent). (b) On the next Payment Date following the notification referred to in paragraph (a) above:

Re-allocation of Commitments. (a) If requested by the Parent and agreed by a Lender (with a written notice of such agreement to the Facility Agent) on such date as the Parent and such Lender and the Facility Agent agree, all or part of that Lender’s unfunded Commitments under the EUR B1 Facility, EUR B2 Facility and/or EUR B3 Facility (each a “Reduced Facility”) may be cancelled and immediately re-allocated to the US$ B1 Facility, US$ B2 Facility and US$ B3 Facility (as applicable) (each a “Redenominated Facility”). (b) On the date agreed by the Parent and any relevant Lender under Clause (a), the relevant Lender’s Commitments in respect of each Reduced Facility will be reduced by the agreed Euro Amount (the “Re-allocated Commitments”), and the Re-allocated Commitments will be added to the Redenominated Facility in Dollars at the Facility Agent’s Spot Rate of Exchange (or such other rate as agreed between the Parent and the relevant Lender).

Re-allocation of Commitments. (a) If requested by Bidco and agreed by a Lender (with a written notice of such agreement to the Facility Agent) on such date as Bidco and such Lender and Facility Agent agree, all or part of that Lender’s unfunded Commitments under the EUR B4 Facility (the “Reduced Facility”) may be cancelled and immediately re-allocated to the US$ B4 Facility (the “Redenominated Facility”). (b) On the date agreed by Bidco and the Lender under Clause 2.7(a), the relevant Lender’s Commitments in respect of the Reduced Facility will be reduced by the agreed Euro Amount (the “Re-allocated Commitments”), and the Re-allocated Commitments will be added to the Redenominated Facility in Dollars at the Facility Agent’s Spot Rate of Exchange (or such other rate as agreed between the Borrower and the relevant Lender).

Re-allocation of Commitments. Notwithstanding the terms of Section 2.20(e) or Section 2.20(f) of the Credit Agreement, on the Effective Date there shall either be no Loans outstanding or arrangements satisfactory to the Administrative Agent shall have been made to prepay all outstanding Loans, together with accrued interest thereon; provided, however, that the Borrower shall not be required to make any payments required under Section 2.16 of the Credit Agreement in connection with the increase adjustments in the Commitments as are evidenced by this Fourth Amendment. Any prepayment made by the Borrower in accordance with the preceding sentence of this Section 10 may be made with the proceeds of an Advance made by each of the Lenders in connection with the increase and adjustment of the Commitments pursuant to this Section 10. The Borrower and all Lenders hereby instruct and irrevocably authorize the Administrative Agent to accept such prepayments, affect such offsets, and distribute the proceeds of each Loan made by any Lender on the Effective Date as are necessary to effect the adjustments in the Commitments as are evidenced by this Fourth Amendment.

Re-allocation of Commitments. On the Effective Date there shall either be no Loans outstanding or arrangements satisfactory to the Administrative Agent shall have been made to prepay all outstanding Loans, together with accrued interest thereon and any amounts payable pursuant to Section 2.16 of the Credit Agreement. Any prepayment made by the Borrower in accordance with the preceding sentence of this Section 14 may be made with the proceeds of an Advance made by all the Banks in connection with the increase and adjustment of the Commitments pursuant to this Section 14. The Borrower and all Lenders hereby instruct and irrevocably authorize the Administrative Agent to accept such prepayments, affect such offsets, and distribute the proceeds of each Loan made by any Lender on the Effective Date as are necessary to affect the adjustments in the Commitments as are evidenced by this First Amendment.

Re-allocation of Commitments. On the Effective Date, (i) the Lenders hereby authorize the Administrative Agent and the Borrowers to request Borrowings from the Lenders and to make prepayments of US Committed Borrowings and Canadian Committed Borrowings (as such terms are defined in the Existing Credit Agreement) in order to ensure that, upon the Effective Date, the US Committed Borrowings and the Canadian Committed Borrowings under this Agreement shall be outstanding on a ratable basis in accordance with the Pro Rata Shares of all the Lenders, and the Lenders hereby agree to the foregoing and (ii) to the extent that the Commitment of a Lender under the Existing Credit Agreement (its “Existing Commitment”) is more than such Lender’s Commitment under this Agreement, such Lender hereby assigns such portion of such Existing Commitment to the other Lenders, to the extent necessary to ensure that, upon the Effective Date, the Commitments of the Lenders are as set forth in Schedule 2.01, and the other Lenders, as applicable, hereby accept such assignment and assume the obligations of the assigning Lender with respect thereto. This subsection shall supersede any provisions in Sections 4.05, 4.06 or 12.01 to the contrary.