Examples of New Revolving Credit Lender in a sentence
Each financial institution that becomes a New Revolving Credit Lender pursuant to this Section by the execution and delivery to the Administrative Agent of the applicable commitment increase agreement shall be a “Revolving Credit Lender” and a “Lender” for all purposes under this Agreement on the applicable Increase Effective Date.
JEFFERIES FINANCE LLC , (Type Name of Legal Entity) as an Initial New Revolving Credit Lender By: /s/ E.
The New Revolving Credit Lender identified on Schedule l hereto (the “New Lender”), the Administrative Agent, the Issuing Lender and the Borrower agree as follows: The New Lender hereby irrevocably makes a Commitment to the Borrower in the amount set forth on Schedule 1 hereto (the “New Commitment”) pursuant to Section 2.3(b) of the Credit Agreement.
Upon execution and delivery hereof, the Administrative Agent will record the [New Revolving Loans] [Tranche [ ] New Term Loans] made by each [New Revolving Credit Lender] [New Term Lender] in the Register.
Any existing Revolving Credit Loans outstanding on the Amendment No. 5 Effective Date shall be continued as Revolving Credit Loans hereunder; provided that the existing Revolving Credit Loans of each New Revolving Credit Lender will be reclassified as New Revolving Credit Loans hereunder.