Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section 9.17, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 6 contracts

Sources: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Power Solutions International, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Facility Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 6 contracts

Sources: Term Loan Credit Agreement (QXO, Inc.), Credit Agreement (United Parks & Resorts Inc.), Credit Agreement (United Parks & Resorts Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Facility Usage of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 5 contracts

Sources: Revolving Credit Facility (Crocs, Inc.), Credit Agreement (Stoneridge Inc), Credit Agreement (Factset Research Systems Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving~~ Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 5 contracts

Sources: Credit Agreement, Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Midcoast Energy Partners, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~12.22., no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 5 contracts

Sources: Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting ~~Lender~~▇▇▇▇▇▇’s participation in ~~L/C Obligations~~ Letters of Credit shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Facility Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 5 contracts

Sources: Credit Agreement (Jazz Pharmaceuticals PLC), Credit Agreement (Jazz Pharmaceuticals PLC), Credit Agreement (Cerence Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Facility Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 5 contracts

Sources: Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Jazz Pharmaceuticals PLC), Credit Agreement (Open Lending Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~15.4, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Credit Agreement (A-Mark Precious Metals, Inc.), Incremental Facility Agreement, Waiver and Eleventh Amendment to Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ Loans and participations in Letter of Credit ~~Exposure~~ Liabilities and Swingline Loans of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Credit Agreement (South Carolina Electric & Gas Co), Five Year Credit Agreement (South Carolina Electric & Gas Co), Five Year Credit Agreement (South Carolina Electric & Gas Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LC Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving~~ Outstanding Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Facility Usage of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. Subject to Section ~~9.17~~12.13, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Credit Agreement (Impax Laboratories Inc), Credit Agreement (Press Ganey Holdings, Inc.), Credit Agreement (CNO Financial Group, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Pro Rata Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Credit Agreement (ADS Waste Holdings, Inc.), Senior Secured Credit Agreement (Advanced Disposal Services Glacier Ridge Landfill, LLC), Senior Secured Credit Agreement (Trestle Transport, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit Exposure~~ Outstanding Amount of any Non-Defaulting ~~Lender~~ Lender’s Loans and L/C Obligations to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 4 contracts

Sources: Asset Based Revolving Credit Agreement (Warrior Met Coal, Inc.), Asset Based Revolving Credit Agreement (Contura Energy, Inc.), Asset Based Revolving Credit Agreement (Warrior Met Coal, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LOC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ Committed Funded Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Fluent, Inc.), Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations shall be reallocated among the Non-Defaulting Lenders pro rata in accordance with their respective ~~Applicable Percentages~~ Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~10.14, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Forestar Group Inc.), Credit Agreement (Forestar Group Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LOC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ Committed Funded Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Pro Rata Percentages (calculated without regard to such Defaulting Lender’s ’s. Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ U.S. Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Abl Credit Agreement (Claire's Holdings LLC), Abl Credit Agreement (Claire's Holdings LLC), Abl Credit Agreement (Claire's Holdings LLC)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit hereunder shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s ~~Commitment~~Maximum Credit Amount) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Centennial Resource Development, Inc.), Credit Agreement (Centennial Resource Development, Inc.), Credit Agreement (Centennial Resource Development, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from ~~that~~ such Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit shall be reallocated among the Non-Defaulting Lenders in the applicable Class(es) in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Loan Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ LC Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s ~~Commitment~~LC Commitments. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting ~~Lender~~L▇▇▇▇▇’s participation in ~~L/C Obligations~~ Letters of Credit shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Facility Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ L▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~L▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations shall be reallocated among the Non-Defaulting Lenders pro rata in accordance with their respective ~~Applicable Percentages~~ Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~10.14, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Forestar Group Inc.), Credit Agreement (Horton D R Inc /De/), Credit Agreement (Forestar Group Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit shall be automatically reallocated among ~~the~~ Revolving Credit Lenders that are Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Pro Rata Percentages (calculated without regard to such Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Share (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ Outstanding Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~15.07, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Salesforce, Inc.), Credit Agreement (SALESFORCE.COM, Inc.), Credit Agreement (Salesforce Com Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Facility Usage of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Crocs, Inc.), Revolving Credit Facility (Stoneridge Inc), Credit Agreement (Crocs, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Outstandings and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Tranche A Commitment Percentage (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ Tranche A Credit ~~Exposure~~ Extensions of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Tranche A Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 3 contracts

Sources: Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Reimbursement Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause ~~the aggregate Revolving Credit Exposure of any~~ such Non-Defaulting ~~Lender~~ Lender’s share of the aggregate Outstanding Facility Amount to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (InvenTrust Properties Corp.), Credit Agreement (InvenTrust Properties Corp.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~12.22., no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Lp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Loans shall be reallocated among the ~~Non~~non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Facility Usage of any ~~Non~~non-Defaulting Lender to exceed such ~~Non~~non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a ~~Non~~non-Defaulting Lender as a result of such ~~Non~~non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LOC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~10.22, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Hyatt Hotels Corp), Credit Agreement (Hyatt Hotels Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section ~~9.17~~10.22, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (CNO Financial Group, Inc.), Credit Agreement (CNO Financial Group, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Facility Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: First Lien Credit Agreement (PlayAGS, Inc.), Credit Agreement (SeaWorld Entertainment, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~15.4, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Infrastructure & Energy Alternatives, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s 's participation in ~~L/C Obligations~~ LC Exposure shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender~~’s Commitment~~'s Maximum Credit Amount) but only to the extent that such reallocation does not cause the ~~aggregate~~ Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender~~’s Commitment~~'s Commitment then in effect. Subject to Section ~~9.17~~12.18, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s 's increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (HighPeak Energy, Inc.), Credit Agreement (HighPeak Energy, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such ~~Non-~~Non- Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from ~~that~~ such Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Pro Rata Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Houghton Mifflin Harcourt Co), Superpriority Senior Secured Debtor in Possession and Exit Revolving Credit Agreement (HMH Holdings (Delaware), Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit Exposure~~ revolving credit exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~20.10, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Loan and Security Agreement (S&W Seed Co), Loan and Security Agreement (S&W Seed Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to ~~Section 9.17~~§37, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Mid-America Apartments, L.P.), Credit Agreement (Mid-America Apartments, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section ~~9.17~~9.25, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Las Vegas Sands Corp), Revolving Credit Agreement (Las Vegas Sands Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Swing Advances shall be reallocated among the ~~Non~~non-Defaulting Revolver Lenders in accordance with their respective Applicable Revolver Percentages (calculated without regard to such Defaulting Lender’s Revolver Commitment) but only to the extent that such reallocation does not cause the ~~aggregate~~ Revolving Credit Exposure of any ~~Non~~non-Defaulting Lender to exceed such ~~Non~~non-Defaulting Lender’s Revolver Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non~~non-Defaulting Lender as a result of such ~~Non~~non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Triangle Capital CORP), Credit Agreement (Triangle Capital CORP)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate~~ Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~10.26, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~12.22., no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Lp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (~~calculated~~ determined without regard to such Defaulting Lender’s Loan Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Loan Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ Bank having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Urban Edge Properties), Revolving Credit Agreement (Urban Edge Properties)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s Revolving Commitment. Subject to Section ~~9.17~~10.22, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Credit Agreement (CNO Financial Group, Inc.), Credit Agreement (CNO Financial Group, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Facility Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Facility Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ L▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~L▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 2 contracts

Sources: Incremental Assumption and Amendment Agreement (QXO, Inc.), Credit Agreement (SeaWorld Entertainment, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LOC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~10.21, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Hyatt Hotels Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the ~~Non-~~Lenders that are not Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving Credit Exposure~~ principal amount of all outstanding Loans and L/C Obligations of any ~~Non-~~Lender that is not a Defaulting Lender to exceed such ~~Non-Defaulting~~ Lender’s Commitment. Subject to Section ~~9.17~~2.23, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a ~~Non-~~Lender that is not a Defaulting Lender as a result of such ~~Non-Defaulting Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Cheniere Energy, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~10.16, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Coca-Cola Consolidated, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. Subject to Section ~~9.17~~11.20, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Columbia Sportswear Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Revolving Credit Commitment Percentage (calculated without regard to such Defaulting Lender’s ~~Commitment~~Commitments) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (CrossAmerica Partners LP)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages with respect thereto (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s ~~Commitment~~Commitment Percentage. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit and Security Agreement (AvidXchange Holdings, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Outstandings and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Revolving Facility Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Facility Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Mercury Computer Systems Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~11.22, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (MGP Ingredients Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ M&T Advances shall be reallocated among the ~~Non-~~Non- Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Floor Plan Commitment Percentage (calculated without regard to such Defaulting Lender’s ~~Commitment~~Commitments) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit Exposure~~ Outstanding Amount of the Floor Plan Committed Loan of any ~~Non-~~Non- Defaulting Lender to exceed such Non-Defaulting Lender’s Floor Plan Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non-~~Non- Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (GPB Automotive Portfolio, LP)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section ~~9.17~~2.19(f), no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Impax Laboratories Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s 's participation in ~~L/C~~ LOC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (calculated without regard to such Defaulting Lender’s 's Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ Committed Funded Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s 's Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s 's increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Hni Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (CubeSmart, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~15.4, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (A-Mark Precious Metals, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving Credit Exposure~~ Applicable Percentage of any Non-Defaulting Lender in the Total Outstandings to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (El Paso Pipeline Partners, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s ~~participation in L/C~~ LOC Obligations and Swingline Loans shall automatically be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ Committed Funded Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Innophos Holdings, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s Commitment. Subject to ~~Section 9.17~~§37, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Mid-America Apartments, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Disbursements and Swingline Loans shall be reallocated among the ~~Non~~non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any ~~Non~~non-Defaulting Lender to exceed such ~~Non~~non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non~~non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Mylan N.V.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. Subject to Section ~~9.17~~8.19, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Becton Dickinson & Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s Revolving Commitment. Subject to Section ~~9.17~~9.21, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Las Vegas Sands Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Exposure and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such ~~Non-Defaulting~~ Lender’s Revolving Commitment. ~~Subject~~ NoSubject to Section ~~9.17~~9.22, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Rite Aid Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the ~~Non-~~Lenders that are not Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate Revolving Credit Exposure~~ principal amount of all outstanding Loans and L/C Obligations of any ~~Non-~~Lender that is not a Defaulting Lender to exceed such ~~Non-Defaulting~~ Lender’s Commitment. Subject to Section ~~9.17~~2.23, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non-~~Lender that is not a Defaulting Lender as a result of such ~~Non-Defaulting~~ Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Cheniere Energy, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~13.22., no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (DiamondRock Hospitality Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Tranche A Commitment Percentage (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ Tranche A Credit ~~Exposure~~ Extensions of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Tranche A Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Performance Food Group Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s Revolving Commitment. Subject to Section ~~9.17~~9.25, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Las Vegas Sands Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section ~~9.17~~10.28, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Las Vegas Sands Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s ~~participation in L/C Obligations~~ LC Exposure and Swingline Exposure shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Exposures of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s ~~Commitment~~Revolving Commitments. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Pilgrims Pride Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (CubeSmart, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Facility Usage of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. Subject to Section ~~9.17~~12.12, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Construction Partners, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Exposure and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such ~~Non-Defaulting Lender~~L▇▇▇▇▇’s Revolving Commitment. Subject to Section ~~9.17~~9.22, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ L▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~L▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Rite Aid Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Kirby Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit Exposure~~ Loans and participations in Swingline Loans of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Five Year Credit Agreement (South Carolina Electric & Gas Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Pro Rata Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such ~~Non-~~Non- Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Houghton Mifflin Harcourt Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Revolver Percentages (calculated without regard to such Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit ~~Exposure~~ exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (LTC Properties Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the ~~Non~~non-~~Defaulting~~ defaulting Lenders in accordance with their respective ~~Applicable~~ Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the Percentage of the aggregate outstanding principal amount of the Revolving ~~Credit Exposure~~ Facility of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s ~~Commitment~~Revolving Facility Commitment Amount. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non~~non-~~Defaulting~~ defaulting Lender as a result of such ~~Non~~non-~~Defaulting~~ defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Business Loan and Security Agreement (ICF International, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Salesforce Com Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Revolver Percentages (calculated without regard to such Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (LTC Properties Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s 's participation in ~~L/C~~ Letter of Credit Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s 's Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving~~ outstanding amount of all Loans of any Non-Defaulting Lender plus the Letter of Credit Exposure of ~~any~~ such Non-Defaulting Lender to exceed such Non-Defaulting Lender’s 's Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s 's increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Extraction Oil & Gas, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s ~~participation in L/C Obligations~~ LC Exposure and Swingline Exposure shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Exposures of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s ~~Commitment~~Revolving Commitments. Subject to Section ~~9.17~~11.09, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Pilgrims Pride Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section ~~9.17~~9.33, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Penn National Gaming Inc)

Appears in 1 contract

Sources: Credit Agreement (Dave & Buster's Entertainment, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Exposure and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~9.15, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ L▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~L▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Old Dominion Electric Cooperative)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~15.7, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Sei Investments Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ pro rata Commitments (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section ~~9.17~~9.25, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit Agreement (Las Vegas Sands Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Loans shall be reallocated among the ~~Non~~non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit Exposure~~ Facility Usage of any ~~Non~~non-Defaulting Lender to exceed such ~~Non~~non-Defaulting Lender’s Revolving Credit Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non~~non-Defaulting Lender as a result of such ~~Non~~non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Helios Technologies, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ LOC Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Commitment Percentages (calculated without regard to such Defaulting Lender’s Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate ~~Revolving Credit~~ Committed Funded Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Hni Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ applicable Pro Rata Shares (calculated without regard to such Defaulting Lender’s Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving ~~Credit~~ Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from ~~that~~ such Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Tivity Health, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section ~~9.17~~15.4, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ L▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~L▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (A-Mark Precious Metals, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ Letter of Credit Liabilities shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable~~ Revolving Commitment Percentages (~~calculated~~ determined without regard to such Defaulting Lender’s Revolving Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Revolving Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Spirit Realty, L.P.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the ~~Non-Defaulting~~ Non‑Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Ratable Shares (calculated without regard to such Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any ~~Non-Defaulting~~ Non‑Defaulting Lender to exceed such ~~Non-Defaulting~~ Non‑Defaulting Lender’s Revolving Credit Commitment. Subject to Section ~~9.17~~8.19, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non-Defaulting~~ Non‑Defaulting Lender as a result of such ~~Non-Defaulting~~ Non‑Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Becton Dickinson & Co)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Outstandings and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (American Dental Partners Inc)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective ~~Applicable Percentages~~ Pro Rata Shares (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent ~~that~~ such reallocation does not cause the aggregate ~~Revolving~~ outstanding amount of all Advances of any Non-Defaulting Lender plus the Letter of Credit Exposure of ~~any~~ such Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Triangle Petroleum Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C~~ Letter of Credit Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such ~~Non-~~Non- Defaulting Lender’s Revolving Credit Commitment. Subject to Section ~~9.17~~11.25, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Agilon Health, Inc.)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate~~ Revolving Credit Exposure of any such Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. Subject to Section 9.17, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that ~~Lender~~ ▇▇▇▇▇▇ having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting ~~Lender~~▇▇▇▇▇▇’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Revolving Credit and Guaranty Agreement (Varex Imaging Corp)

Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in ~~L/C Obligations~~ LC Exposure and Swingline Exposure shall be reallocated among the ~~Non~~non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the ~~aggregate~~ Aggregate Revolving Credit Exposure of any ~~Non~~non-Defaulting Lender to exceed such ~~Non~~non-Defaulting Lender’s Revolving Commitment. ~~Subject to Section 9.17, no~~ No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a ~~Non~~non-Defaulting Lender as a result of such ~~Non~~non-Defaulting Lender’s increased exposure following such reallocation.

Appears in 1 contract

Sources: Credit Agreement (Avago Technologies LTD)

Common use of Reallocation of Participations to Reduce Fronting Exposure Clause in Contracts