Common use of Terms of New Loans and Commitments Clause in Contracts

Terms of New Loans and Commitments. The terms and provisions of Loans made pursuant to Incremental Revolving Commitments shall be identical to the Revolving Loans and shall be documented as an increase to the Revolving Credit Facility. The Incremental Revolving Commitments shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Borrower, the Administrative Agent and each Lender making such Incremental Revolving Commitment, in form and substance reasonably satisfactory to each of them. Notwithstanding the provisions of Section 10.01, the Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Financing Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.13. In addition, unless otherwise specifically provided herein, all references in Financing Documents to Revolving Loans shall be deemed, unless the context otherwise requires, to include references to Revolving Loans made pursuant to Incremental Revolving Commitments made pursuant to this Agreement. This Section 2.13 shall supersede any provisions in Section 2.12 or Section 10.01 to the contrary.

Appears in 3 contracts

Samples: Credit Agreement (MN8 Energy, Inc.), Credit Agreement (MN8 Energy, Inc.), Credit Agreement (New PubCo Renewable Power Inc.)

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Terms of New Loans and Commitments. The Except as provided in Section 2.13(b)(vi) above, the terms and provisions of Revolving Loans made pursuant to the Incremental Revolving Commitments shall be identical to the Revolving Loans and shall be documented as an increase to the Revolving Credit FacilityLoans. The Incremental Revolving Commitments shall be effected by a joinder agreement (the “Increase Joinder”) executed by the BorrowerBorrowers, the Administrative Agent and each Lender making such Incremental Revolving Commitment, in form and substance reasonably satisfactory to each of them. Notwithstanding the provisions of Section 10.01, the Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Financing Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.13. In addition, unless otherwise specifically provided herein, all references in Financing the Loan Documents to Revolving Loans shall be deemed, unless the context otherwise requires, to include references to Revolving Loans made pursuant to Incremental Revolving Commitments Commitments, made pursuant to this Agreement. This Section 2.13 shall supersede any provisions in Section 2.12 2.11 or Section 10.01 to the contrary.

Appears in 3 contracts

Samples: Pledge Agreement (Ciena Corp), Abl Credit Agreement (Ciena Corp), Abl Credit Agreement

Terms of New Loans and Commitments. The terms and provisions of Revolving Loans made pursuant to Incremental Revolving new Commitments shall be identical to the Revolving Loans and shall be documented as an increase to the Revolving Credit Facility(other than any customary closing fees payable on new Commitments). The Incremental Revolving Commitments shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Borrower, the Administrative Agent and each Lender making such Incremental Revolving Commitment, in form and substance reasonably satisfactory to each of them. Notwithstanding the provisions of Section 10.0111.01, the Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Financing Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.132.17, other than any amendments requiring the consent of all of the Lenders affected thereby under Section 11.01. In addition, unless otherwise specifically provided herein, all references in Financing Loan Documents to Revolving Loans shall be deemed, unless the context otherwise requires, to include references to Revolving Loans made pursuant to Incremental Revolving Commitments made pursuant to this Agreement. This Section 2.13 2.17 shall supersede any provisions in Section 2.12 2.14 or Section 10.01 11.01 to the contrary.

Appears in 2 contracts

Samples: Credit Agreement (CBIZ, Inc.), Credit Agreement (CBIZ, Inc.)

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Terms of New Loans and Commitments. The Other than in respect of customary arrangement, upfront, structuring, underwriting and other similar fees, the terms and provisions of Revolving Credit Loans made pursuant to Incremental Revolving new Commitments shall be identical to the Revolving Loans and shall be documented as an increase to the Revolving Credit FacilityLoans. The Incremental Revolving Commitments shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Borrower, the Administrative Agent and each Lender making such Incremental Revolving Commitment, in form and substance reasonably satisfactory to each of them. Notwithstanding the provisions of Section 10.0111.01, the Increase Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Financing Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.132.15. In addition, unless otherwise specifically provided herein, all references in Financing Loan Documents to Revolving Credit Loans shall be deemed, unless the context otherwise requires, to include references to Revolving Credit Loans made pursuant to Incremental Revolving Commitments made pursuant to this Agreement. This Section 2.13 2.15 shall supersede any provisions in Section 2.12 2.13 or Section 10.01 11.01 to the contrary.

Appears in 1 contract

Samples: Credit Agreement (Tandem Diabetes Care Inc)

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