Common use of Mitigation Obligations; Replacement of Lenders Clause in Contracts

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 24 contracts

Samples: Credit Agreement (Independence Contract Drilling, Inc.), Credit Agreement (Independence Contract Drilling, Inc.), Guarantee and Collateral Agreement (Independence Contract Drilling, Inc.)

AutoNDA by SimpleDocs

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 10 contracts

Samples: Senior Secured Credit Agreement (Orchard Supply Hardware Stores Corp), Senior Secured Credit Agreement (Orchard Supply Hardware Stores Corp), Senior Secured Credit Agreement (Orchard Supply Hardware Stores Corp)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or is otherwise a Departing Lender (as defined below), then:

Appears in 9 contracts

Samples: Fourth Amended (ODP Corp), Second Amendment (ODP Corp), Credit Agreement (Office Depot Inc)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.16, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.18, then:

Appears in 8 contracts

Samples: Revolving Credit Agreement (Joe's Jeans Inc.), Revolving Credit Agreement (Joe's Jeans Inc.), Term Loan Credit Agreement (Joe's Jeans Inc.)

Mitigation Obligations; Replacement of Lenders. If any Lender requests would be entitled to, or requests, compensation under Section 2.15, or if the Borrowers are any Borrower is or would be required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 3 contracts

Samples: Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (Systemax Inc)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or if any Lender is otherwise a Departing Lender (as defined below), then:

Appears in 3 contracts

Samples: Credit Agreement (Kate Spade & Co), Credit Agreement (Fifth & Pacific Companies, Inc.), Credit Agreement (Claiborne Liz Inc)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or with respect to clause (b) below, if any Lender becomes a Defaulting Lender, then:

Appears in 3 contracts

Samples: Desktop Appraisal (Cott Corp /Cn/), Desktop Appraisal (Cott Corp /Cn/), Credit Agreement (Cott Corp /Cn/)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.14, or if the Borrowers are any Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.16, then:

Appears in 3 contracts

Samples: Credit Agreement (Globe Specialty Metals Inc), Credit Agreement (Systemax Inc), Credit Agreement (Calgon Carbon Corporation)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, 2.11 or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.13 or if any Lender is a Non-Consenting Lender, then:

Appears in 2 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Staples Inc)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.13 or Section 2.14, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.15, then:

Appears in 2 contracts

Samples: First Lien Term Loan Credit Agreement (Talecris Biotherapeutics Holdings Corp.), Second Lien Term Loan Credit Agreement (Talecris Biotherapeutics Holdings Corp.)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.16, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.18, then:

Appears in 2 contracts

Samples: Credit Agreement (Maytag Corp), Credit Agreement (CF Industries Holdings, Inc.)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if the Borrowers are any Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 2 contracts

Samples: Credit Agreement (Libbey Inc), Credit Agreement (Libbey Inc)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, 2.15 or if the Borrowers are any Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 2 contracts

Samples: Credit Agreement (Core-Mark Holding Company, Inc.), Assignment and Assumption (Core-Mark Holding Company, Inc.)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are Company is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 2 contracts

Samples: Credit Agreement (CSK Auto Corp), Credit Agreement (CSK Auto Corp)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.25, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.28, then:then such Lender shall use reasonable 91

Appears in 1 contract

Samples: Credit Agreement (Stage Stores Inc)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:then such Lender shall use reasonable efforts to

Appears in 1 contract

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are any Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:

Appears in 1 contract

Samples: Credit Agreement (Systemax Inc)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.17, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.19, then:

Appears in 1 contract

Samples: Credit Agreement (Jaco Electronics Inc)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.15(a) or (b), or if the Borrowers are required to pay any Indemnified Taxes or additional amount amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:Authority

Appears in 1 contract

Samples: Credit Agreement (Designer Brands Inc.)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.14, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.16, then:

Appears in 1 contract

Samples: Credit Agreement (Globe Specialty Metals Inc)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.13, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:39

Appears in 1 contract

Samples: Credit Agreement (Drew Industries Inc)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if the Borrowers are any Borrower is required to pay any Indemnified Taxes or additional amount amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:69 11584747

Appears in 1 contract

Samples: Term Credit Agreement (Designer Brands Inc.)

AutoNDA by SimpleDocs

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if the Borrowers are any Loan Party is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:to

Appears in 1 contract

Samples: Credit Agreement

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.15, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, if any Lender is a Non-Consenting Lender, or if any Lender is otherwise a Departing Lender (as defined below), then:

Appears in 1 contract

Samples: Intercreditor Agreement

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.14, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.16, then:then such Lender shall use reasonable efforts to

Appears in 1 contract

Samples: Credit Agreement (Tucson Electric Power Co)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.16 or Section 2.17, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.18, then:

Appears in 1 contract

Samples: Revolving Credit Agreement (Talecris Biotherapeutics Holdings Corp.)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.16, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.18 or any Change in Law, then:

Appears in 1 contract

Samples: Credit Agreement (Stewart & Stevenson LLC)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.12, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:to

Appears in 1 contract

Samples: Pledge and Security Agreement (Palantir Technologies Inc.)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.14, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.16, then:then such Lender shall use reasonable efforts to designate a different

Appears in 1 contract

Samples: Credit Agreement (McGraw-Hill Companies Inc)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.16, or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.18, then:then such Lender shall use 92

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Mitigation Obligations; Replacement of Lenders. (a) If ---------------------------------------------- any Lender requests compensation under Section 2.15, or if the Borrowers are either Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:to

Appears in 1 contract

Samples: Credit Agreement (Seagate Technology Holdings)

Mitigation Obligations; Replacement of Lenders. If any Lender requests compensation under Section 2.152.10, or if the Borrowers are Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.12, then:

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Kaiser Aluminum Corp)

Mitigation Obligations; Replacement of Lenders. (a) . (a) (a) If any Lender requests compensation under Section 2.152.125, or if the Borrowers are any Applicable Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:2.147 or if any Lender delivers a notice pursuant to Section

Appears in 1 contract

Samples: Credit Agreement (Horizon Pharma PLC)

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if the Borrowers are Borrower is required to pay any additional amount to any Lender under Section 2.12 or to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.172.14, then:49

Appears in 1 contract

Samples: Loan and Guaranty Agreement

Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.152.14, or if the Borrowers are either Obligor is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then:to

Appears in 1 contract

Samples: Credit Agreement (Sherwin Williams Co)

Time is Money Join Law Insider Premium to draft better contracts faster.