Extended Revolving Commitments. The Borrower shall repay to the Lenders under any Extended Revolving Commitments on the Maturity Date applicable to the Loans under such Extended Revolving Commitments the aggregate principal amount of all Loans outstanding under such Extended Revolving Commitments on such date.
Extended Revolving Commitments. (a) The Borrowers may, with the consent of each Person providing an Extended Revolving Commitment, the Administrative Agent and any Person acting as swingline lender or issuing bank under such Extended Revolving Commitments, amend this Agreement pursuant to an Additional Credit Extension Amendment to provide for Extended Revolving Commitments and to incorporate the terms of such Extended Revolving Commitments into this Agreement on substantially the same basis as provided with respect to the applicable Revolving Commitments; provided that (i) the establishment of any such Extended Revolving Commitments shall be accompanied by a corresponding reduction in the Revolving Commitments of the applicable Class, (ii) any reduction in the applicable Revolving Commitments may, at the option of the Borrowers, be directed to a disproportional reduction of such Revolving Commitments of any Lender providing an Extended Revolving Commitment and (iii) any Extended Revolving Commitments provided pursuant to this clause (a) shall be in a minimum principal amount of $50,000,000 (or, if less, the entire remaining amount of such Class).
Extended Revolving Commitments. If the maturity date shall have occurred in respect of any tranche of Revolving Commitments at a time when another tranche or tranches of Revolving Commitments is or are in effect with a longer maturity date, then on the earliest occurring maturity date all then outstanding Swing Line Loans shall be repaid in full on such date (and there shall be no adjustment to the participations in such Swing Line Loans as a result of the occurrence of such maturity date); provided, however, that if on the occurrence of such earliest maturity date (after giving effect to any repayments of Committed Loans and any reallocation of Letter of Credit participations as contemplated in Section 2.03(g)), there shall exist sufficient unutilized Extended Revolving Commitments so that the respective outstanding Swing Line Loans could be incurred pursuant the Extended Revolving Commitments which will remain in effect after the occurrence of such maturity date, then there shall be an automatic adjustment on such date of the participations in such Swing Line Loans and same shall be deemed to have been incurred solely pursuant to the relevant Extended Revolving Commitments, and such Swing Line Loans shall not be so required to be repaid in full on such earliest maturity date.
Extended Revolving Commitments. (a) The Borrower may at any time and from time to time request that all or a portion of the Revolving Commitments of any Class (the Commitments of such applicable Class, the “Existing Revolving Commitments”) be converted into a new Class of Revolving Commitments (the Commitments of such applicable Class, the “Extended Revolving Commitments”) with terms consistent with this Section 2.15. In order to establish any Extended Revolving Commitments, the Borrower shall provide a notice to the Administrative Agent (an “Extension Request”) setting forth the proposed terms of the Extended Revolving Commitments to be established, which terms shall be substantially identical to those applicable to the Existing Revolving Commitments, as determined by the Borrower in good faith and such determination shall be conclusive evidence that such terms are substantially identical to such Existing Revolving Commitment (unless a Lender shall have objected thereto in writing within five (5) Business Days and has set forth such Lender’s objections with specificity), except that:
Extended Revolving Commitments. (a) On the Amendment Effective Date, all Existing Revolving Commitments of each Revolving Lender that has consented to this Fourth Amendment shall be hereby automatically and irrevocably terminated (it being understood that all (or such lesser amount as set forth on the applicable signature pages hereto) of such Existing Revolving Commitments shall be automatically replaced with Extended Revolving Commitments). If, on the Amendment Effective Date, there are any Existing Revolving Loans outstanding, such Existing Revolving Loans shall, on the Amendment Effective Date, be prepaid to the Lenders thereof from the proceeds of Revolving Loans made under the Amended Credit Agreement, which prepayment will be accompanied by accrued interest on such Existing Revolving Loans being prepaid and any costs incurred by any Lender in accordance with Section 2.16 of the Credit Agreement, subject to clause (c) below.
Extended Revolving Commitments. (a) Each existing Revolving Lender that executes and delivers a signature page to this Agreement indicating that such Person is an “Accepting Revolving Lender” will have agreed to the terms of this Agreement upon the effectiveness of this Agreement on the Extension Agreement and Amendment Effective Date as an Accepting Revolving Lender. The Extended Revolving Commitments of any Accepting Revolving Lender will be the amount set forth opposite such Accepting Revolving Lender on Schedule 1.1A hereto. On and after the Extension Agreement and Amendment Effective Date, each reference in the Credit Agreement and this Agreement to (i) “
Extended Revolving Commitments. (a) Subject to the terms and conditions set forth herein, on the Amendment No. 4 Effective Date, (i) each Continuing Revolving Lender agrees to continue all or a portion of its Existing Revolving Commitments as Extended Revolving Commitments and (ii) each Additional Revolving Lender agrees to make available Additional Extended Revolving Commitments on such date to the Borrowers in a principal amount equal to such Additional Revolving Lender’s Additional Extended Revolving Commitment. For purposes hereof, an Additional Revolving Lender shall become party to the Credit Agreement as of the Amendment No. 4 Effective Date by executing and delivering to the Administrative Agent, on or prior to the Amendment No. 4 Effective Date, a signed counterpart to this Agreement in its capacity as an Extended Revolving Lender.
Extended Revolving Commitments. Without limiting the generality of the foregoing of Section 3.1, each Extending Lender agrees that (a) (i) the maturity date of the Revolving Loans held by it, and (ii) the termination date of the Revolving Commitments held by it as of the Effective Date shall, in each case, be extended to June 7, 2025 in accordance with the terms of the Amended Credit Agreement, (b) the Persons whose names are set forth on Schedule A to the Amended Credit Agreement under the heading “Non-Extending Lender” (each such person, a “Non-Extending Lender”) shall each be entitled to (i) receive and retain a non-pro rata payment (relative to the Extending Lenders) of all of the outstanding Revolving Loans and other Obligations held by and owed to the Non-Extending Lenders under the Amended Credit Agreement and the other Loan Documents and (ii) a permanent and non-pro rata reduction (relative to the Extending Lenders) in whole, of all of the Revolving Commitments held by the Non-Extending Lenders, in each case, on June 7, 2024 in accordance with the terms of the Amended Credit Agreement and (c) by entering into this Amendment, it represents and warrants for the benefit of Borrower and the Agent that no consent of any Participant is or was required to be obtained by such Extending Lender pursuant to Section 12.8.5 of the Amendment Credit Agreement in connection with the transactions contemplated hereby. 3.3. Non-Pro Rata Application of Partial Credit Facility Termination and Revolving Commitment Reduction. BNP Paribas, in its capacity as a Revolving Lender, hereby (i) agrees that the Revolving Commitments held by it as of the Amendment No. 4 Effective Date shall, unless reduced as a result of any assignment thereof by it, or increased as a result of becoming an assignee of Revolving Commitments, in each case, in accordance with the express terms of the Credit Agreement, continue to be held by BNP Paribas in the same aggregate amount as the Revolving Commitments held by it as of the Amendment No. 4 Effective Date, (ii) declines to have the Revolving Commitments held by it as of the Amendment No. 4 Effective Date be reduced pursuant to Section 2.10(b) of the Amended Credit Agreement, and (iii) agrees that Revolving Commitments held by each other Revolving Lender as of the Amendment No. 4 Effective Date shall be reduced pursuant to Section 2.10(b) of the Amended Credit Agreement. -3- Amendment No. 4 to Fourth Amended & Restated Credit Agreement 0A22-196038 4.
Extended Revolving Commitments. Subject to the terms and conditions to the effectiveness in this Amendment, during the Revolving Commitment Period, each Lender executing this Amendment and identified on Appendix A to this Amendment (each, a “Revolving Lender”) severally represents, warrants, agrees, covenants and reaffirms its obligation to (i) make Revolving Loans to the Company in accordance with Section 2.2(a) of the Credit Agreement and in an aggregate amount up to but not exceeding such Lender’s Revolving Commitment as set forth on Appendix A to this Amendment, (ii) irrevocably purchase from Issuing Bank a participation in each Letter of Credit outstanding on the Second Amendment Effect Date or issued, extended or amended thereafter (and any drawings honoured under such Letters of Credit) in accordance with Section 2.4(e) of the Credit Agreement and (iii) irrevocably purchase from the Swing Line Lender a participation in each Swing Line Loan in accordance with Section 2.3(b)(vi) of the Credit Agreement. Each Credit Party hereby represents, warrants, agrees, covenants and reaffirms (1) that it is not aware of any defense, set off, claim or counterclaim against any Agent or Revolving Lender in regard to its obligations in respect of such Revolving Commitments and (2) its obligation to pay such obligations in respect of such Revolving Commitments in accordance with the terms and conditions of this Agreement and the other Credit Documents.
Extended Revolving Commitments. (a) Subject to the terms and conditions set forth herein (i) each Continuing Revolving Lender agrees to continue all or a portion of its Existing Revolving Commitments as Extended Revolving Commitments on the date requested by the Borrower to be the Second Amendment Effective Date in a principal amount equal to such Existing Revolving Commitments and (ii) each Additional Revolving Lender agrees to make available Additional Extended Revolving Commitments on such date to the Borrower in a principal amount equal to such Additional Revolving Lender’s Extended Revolving Commitment (as defined below). For purposes hereof, a Person may become a party to the Credit Agreement as amended hereby and an Extended Revolving Lender as of the Second Amendment Effective Date by executing and delivering to the Administrative Agent, on or prior to the Second Amendment Effective Date, a signed counterpart to this Agreement in its capacity as an Extended Revolving Lender. The Borrower shall give notice to the Administrative Agent of the proposed Second Amendment Effective Date not later than one Business Day prior thereto, and the Administrative Agent shall notify each Extended Revolving Lender thereof.
