Examples of Additional Commitment Bank in a sentence
Notwithstanding anything herein to the contrary, the Commitment of each Non-Extending Bank shall remain in full force and effect until and shall terminate on the Existing Termination Date for such Non-Extending Bank, unless such Non-Extending Bank is replaced prior to the related Anniversary Date by an Additional Commitment Bank as provided in clause (d) above.
Each Additional Commitment Bank which has been so approved shall enter into an agreement in form and substance satisfactory to the Company and the Administrative Agent pursuant to which such Additional Commitment Bank shall, effective as of the relevant Extension Date, undertake a Commitment and (if not already a Bank under this Agreement) become a Bank hereunder (and, if such Additional Commitment Bank is already a Bank, agree to increase its Commitment hereunder) in the agreed amount.
By: ---------------------------- Name: Title: THE BANK OF NEW YORK, as Administrative Agent By: ---------------------------- Name: Title: EXHIBIT D --------- [TERMS OF COMMITMENT INCREASE ASSIGNMENTS/1/ Each assignment of Loans by any Bank (an "Assignor") to an Additional Commitment Bank (an "Assignee") pursuant to Section 1.14(c) (an "Assignment") shall be made on the terms set forth in this Exhibit.
With respect to any Non-Extending Bank that shall not be replaced by an Additional Commitment Bank on the relevant Extension Date, the Existing Termination Date for such Non-Extending Bank shall remain unchanged (and the Advances made by such Bank shall be repayable on such date).
Notwithstanding anything herein to the contrary, each Bank or other Person that shall become an Additional Commitment Bank and assume or provide a Commitment as part of such Termination Extension Request shall be subject to the consent of the Administrative Agent (not to be unreasonably withheld).