Term Loan; Commitment Amounts Clause Samples

Term Loan; Commitment Amounts. In order to correct a mistake that occurred at the time of the execution of the Original Credit Agreement, (i) Borrower shall execute and deliver to Agent amended and restated promissory notes as contemplated by and further described in Section 5.1.3 of this Agreement and (ii) the Lenders shall take such actions as shall be necessary in regard to the Term Loan, by the distribution of payments among the Lenders or otherwise, to cause the principal balance of the Term Loan in regard to each Lender to be identical to such Lender’s Pro Rata Share of the Term Loan, as determined after this Amendment has become effective. The Credit Agreement is hereby amended so that the Commitments of each Lender as of the date of this Amendment are set forth on the attached Exhibit “B”. Nothing herein is intended to impose any requirement on any Lender to fund any additional advances under the Term Loan or to modify the Obligations in regard to the Term Loan except in regard to the changes in the various Commitment amounts among the Lenders as provided above.