Replacement Revolving Commitments. (i) As of the Third Amendment Closing Date, (A) the Replacement Revolving Credit Commitments shall be “Commitments”, “Initial Revolving Credit Commitments” and “Revolving Credit Commitments”, and (B) the Revolving Loans to be made under the Replacement Revolving Credit Commitments shall be “Loans”, “Initial Revolving Loans” and “Revolving Loans”, in each case under, and for all purposes of, the Credit Agreement and the other Loan Documents. The Replacement Revolving Credit Commitments (and the Revolving Loans and the other extensions of credit made thereunder) shall have the same terms as the Existing Revolving Credit Commitments (and the Revolving Loans and the other extensions of credit made thereunder) outstanding immediately prior to the Third Amendment Closing Date, other than to the extent expressly provided in this Agreement. Upon the Third Amendment Closing Date, the Replacement Revolving Credit Commitments shall be treated as part of the same Class for all purposes of the Credit Agreement and the other Loan Documents. (ii) Notwithstanding anything herein or in the Credit Agreement to the contrary, the aggregate amount of the Replacement Revolving Credit Commitments shall not exceed the aggregate amount of the Existing Revolving Credit Commitments outstanding immediately prior to the Third Amendment Closing Date (except as a result of the effectiveness of the Revolving Commitment Increase pursuant to Section 4 hereof).
Appears in 1 contract
Sources: Credit Agreement (Certara, Inc.)
Replacement Revolving Commitments. (i) As of the Third Fifth Amendment Closing Date, (A) the Replacement Revolving Credit Commitments shall be “Commitments”, “Initial Revolving Credit Commitments” and “Revolving Credit Commitments”, and (B) the Revolving Loans to be made under the Replacement Revolving Credit Commitments shall be “Loans”, “Initial Revolving Loans” and “Revolving Loans”, in each case under, and for all purposes of, the Credit Agreement and the other Loan Documents. The Replacement Revolving Credit Commitments (and the Revolving Loans and the other extensions of credit made thereunder) shall have the same terms as the Existing Revolving Credit Commitments (and the Revolving Loans and the other extensions of credit made thereunder) outstanding immediately prior to the Third Fifth Amendment Closing Date, other than to the extent expressly provided in this Agreement. Upon the Third Fifth Amendment Closing Date, the Replacement Revolving Credit Commitments shall be treated as part of the same Class for all purposes of the Credit Agreement and the other Loan Documents.
(ii) Notwithstanding anything herein or in the Credit Agreement to the contrary, the aggregate amount of the Replacement Revolving Credit Commitments shall not exceed the aggregate amount of the Existing Revolving Credit Commitments (plus the aggregate amount of accrued but unpaid interest and fees thereon) outstanding immediately prior to the Third Fifth Amendment Closing Date (except as a result of the effectiveness of the Revolving Commitment Increase pursuant to Section 4 hereof)Date.
Appears in 1 contract
Sources: Credit Agreement (Certara, Inc.)