Examples of Loan in a sentence
Create, incur, assume, guarantee, suffer, permit to exist or otherwise become liable for any Debt, other than Permitted Debt, provided that at the time of any incurrence of Permitted Debt, no Default or Event of Default (i) exists under this Agreement or any other Loan Documents or (ii) will occur as a result of the issuance of such Permitted Debt.
In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.
Each Revolving Xxxxxx agrees to make a Revolving Loan on the date of such notice, subject to no conditions precedent whatsoever.
The rights and obligations of each Loan Party hereunder shall remain in full force and effect notwithstanding the addition of any new Loan Party as a party to this Agreement.
The execution and delivery of any such instrument shall not require the consent of any other Loan Party hereunder.