Reallocation of Revolving Loans. In connection with the closing of any Revolving Facility Increase, the outstanding Revolving Loans and Participation Interests shall be reallocated by causing such fundings and repayments among the Lenders of Revolving Loans as necessary such that, after giving effect to such Revolving Facility Increase, each Lender will hold Revolving Loans and Participation Interests based on its Revolving Commitment Percentage (after giving effect to such Revolving Facility Increase).
Reallocation of Revolving Loans. The parties hereto hereby acknowledge and agree that, pursuant to and in accordance with Section 2.19(c) of the Credit Agreement, in connection with the closing of the Revolving Facility Increase under this Amendment, on the First Amendment Effective Date, the outstanding Revolving Loans and Participation Interests shall be reallocated by causing such fundings and repayments (through the Administrative Agent) among each of the Lenders having a Revolving Commitment prior to such date and the Lenders acquiring a Revolving Commitment (pursuant to this Amendment) as necessary such that, after giving effect to this Amendment and the Revolving Facility Increase effectuated hereunder, each Lender will hold Revolving Loans and Participation Interests based on its Revolving Commitment Percentage set forth on Schedule 2.1(a) (after giving effect to such Revolving Facility Increase).
Reallocation of Revolving Loans. With respect to any Revolving Lender, on any date on which
Reallocation of Revolving Loans. (a) Upon the Amendment Effective Date and the increase in the Revolving Credit Commitment of the Original Lenders as contemplated hereby, the Original Lenders shall be deemed to have made Revolving Loans to the Borrower and the Borrower shall be deemed to have prepaid outstanding Revolving Loans with the proceeds thereof in an amount such that, after giving effect to such prepayment, the percentage of the Revolving Loans held by each Original Lender will equal the percentage of the aggregate Revolving Credit Commitments of all Revolving Lenders represented by such Revolving Lender’s Revolving Credit Commitment after giving effect to the increase in the Revolving Credit Commitments as contemplated hereby. The Borrower shall pay to the Administrative Agent on the Amendment Effective Date, for the account of the Originals Lenders, interest on the Revolving Loans under the Original Credit Agreement accrued as of the Amendment Effective Date, it being agreed and understood that the then current Interest Period applicable to outstanding Eurocurrency Rate Loans shall continue.
Reallocation of Revolving Loans. In connection with the closing of any Revolving Facility Increase, the outstanding Revolving Loans and Participation Interests shall be reallocated by causing such fundings and repayments among the Lenders of Revolving Loans as necessary such that, after giving effect to such Revolving Facility Increase, each Lender will hold Revolving Loans and Participation Interests based on its Revolving Commitment Percentage (after giving effect to such Revolving Facility Increase); provided that (i) such reallocations and repayments shall not be subject to any processing and/or recordation fees and (ii) the Borrower shall be responsible for any costs arising under Section 2.14 resulting from such reallocation and repayments.
Reallocation of Revolving Loans. (a) Upon the Amendment Effective Date and the increase in the Revolving Credit Commitment of the New Lenders as contemplated hereby, the New Lenders shall make Revolving Credit Loans to the Borrower and the Borrower shall prepay outstanding Revolving Credit Loans with the proceeds thereof in an amount such that, after giving effect to such prepayment, the percentage of the Revolving Credit Loans held by each Original Lender and each New Lender will equal the percentage of the aggregate Revolving Credit Commitments of all Lenders represented by such Lender’s Revolving Credit Commitment after giving effect to the increase in the Revolving Credit Commitments as contemplated hereby. The Borrower shall pay accrued interest on the Revolving Credit Loans being prepaid and any other amounts payable to any Lender in accordance with Section 3.05 of the Amended and Restated Credit Agreement.
Reallocation of Revolving Loans. In connection with the effectiveness of this Agreement and any borrowings or extensions of Revolving Loans made on the Closing Date, each Lender (other than the Exiting Lender) shall advance, purchase and/or continue Revolving Loans in an aggregate amount not less than its Pro Rata Share of Revolving Commitments on the Closing Date, which Revolving Loans shall be disbursed to Administrative Agent and used to repay Loans outstanding to each Lender who holds Revolving Loans in an aggregate amount greater than its Revolving Commitment as of the Closing Date.
Reallocation of Revolving Loans. (a) As of the Closing Date,
Reallocation of Revolving Loans. The parties hereto hereby acknowledge and agree that in connection with the increase in Revolving Commitments under this Amendment, on the Fifth Amendment Effective Date, the outstanding Revolving Loans and Participation Interests shall be reallocated by causing such fundings and repayments (through the Administrative Agent) among each of the Lenders having a Revolving Commitment prior to such date and the Lenders acquiring a Revolving Commitment (pursuant to this Amendment) as necessary such that, after giving effect to this Amendment and the Revolving Facility Increase effectuated hereunder, each Lender will hold Revolving Loans and Participation Interests based on its Revolving Commitment Percentage set forth on Schedule 2.1(a) to the Credit Agreement (after giving effect to such increase in the Revolving Commitments).
Reallocation of Revolving Loans. In accordance with Section 2.20(d) of the Credit Agreement, (a) on each of the Primary Effective Date and the Secondary Effective Date, each Incremental Revolving Facility Lender that is increasing its Revolving Credit Commitments on such date pursuant to this Agreement shall make available to the Administrative Agent on such date, as Revolving Loans, such amounts for application by way of prepayment of Revolving Loans of the Revolving Facility Lenders outstanding immediately prior to the Primary Effective Date or the Secondary Effective Date, as applicable, so that after giving effect to the Commitment Increase made on such date, all of the Revolving Loans will be held by the Revolving Facility Lenders on a pro rata basis in accordance with their respective Pro Rata Shares (after giving effect to the applicable Incremental Revolving Facility Revolving Commitments of each such Incremental Revolving Facility Lender), (b) each Revolving Facility Lender shall be deemed to have acquired from each Issuing Bank a participation in each Letter of Credit equal to such Revolving Facility Lender’s Pro Rata Share (after giving effect to the Commitment Increase) of the aggregate amount available to be drawn under such Letter of Credit, and (c) the Borrower shall pay to the applicable Revolving Facility Lenders any amounts payable in respect of any such prepayment in accordance with Section 2.16 (with any prepayment of any Revolving Loans of any Lender pursuant to clause (a) above being deemed a prepayment for purposes of Section 2.16 of the Credit Agreement). The amounts made available by the Incremental Revolving Facility Lenders pursuant to clause (a) above shall be deemed to be Revolving Loans for all purposes of the Loan Documents.
