Common use of Additional Commitment Lenders Clause in Contracts

Additional Commitment Lenders. The Borrowers shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 7 contracts

Sources: Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the applicable Extension Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, as an “Additional Commitment Assuming Lender”) as provided in Section 11.14; provided that with the approval of the Agent and each Issuing Bank (which approval shall not be unreasonably withheld), each of such Additional Commitment which Assuming Lenders shall enter have entered into an Assignment assumption agreement in form and substance satisfactory to the Borrower and the Agent (an “Assumption Agreement”) duly executed by such Eligible Assignee, the Agent and the Borrower, pursuant to which such Additional Commitment Assuming Lender shall, effective as of the Existing Maturity applicable Extension Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Assuming Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 6 contracts

Sources: Fifth Amendment to Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp), Fourth Amendment (Science Applications International Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender effective as of the Existing Revolving Maturity Date or Existing Term Maturity Date, as applicable with, and add as Lenders under the applicable Facility “Revolving Lenders” or “Term Lenders”, as applicable, under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Revolving Commitment Lender” or “Additional Term Commitment Lender”, as applicable) as provided in Section 11.1410.13; provided that each of such Additional Revolving Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Revolving Commitment Lender shall, effective as of the Existing Revolving Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, and if any such Additional Revolving Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 3 contracts

Sources: Credit Agreement (Equinix Inc), Credit Agreement (Equinix Inc), Credit Agreement (Equinix Inc)

Additional Commitment Lenders. The Borrowers Company shall have the right to replace each Non-Extending Consenting Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.144.14; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption in connection with any such extension of the Maturity Date pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, shall undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such ) from one or more Non-Consenting Lenders. Additional Commitment Lender in respect of Lenders shall only become Revolving Lenders pursuant to Section 4.14 if the Term Facility extension request is already a Term Lender, its Term Loan shall be in addition approved pursuant to any other Term Loan of such Lender)subsection (e) below.

Appears in 2 contracts

Sources: Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 2 contracts

Sources: Credit Agreement (Gsi Group Inc), Credit Agreement (Gsi Group Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14); provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, undertake a Revolving Credit Commitment or a the Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 2 contracts

Sources: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Non‑Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) reasonably acceptable to the Administrative Agent and each L/C Issuer and as provided in Section 11.1410.13; provided provided, that each existing Lender shall have the right to increase its Commitments, pro rata after giving effect to the other existing Lenders who elect to increase their Commitments under this Section 2.15, up to the amount of such the Non-Extending Lender’s Commitments before the Borrower will permitted to replace an Additional Commitment Lenders Lender for any Non-Extending Lender, and provided, further that each Additional Commitment Lender shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 2 contracts

Sources: Credit Agreement (Ross Stores Inc), Credit Agreement (Ross Stores Inc)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Revolving Credit Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees assignees (each, an “Additional Commitment Lender”) as provided in Section 11.14; provided that with the approval of the Administrative Agent and the Issuing Lenders (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption Agreement pursuant to which such Additional Commitment Lender shall, effective as of the Existing Initial Revolving Credit Maturity Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Sources: Credit Agreement (3d Systems Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the applicable Extension Effective Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” or “Incremental Term-2 Loan Lenders”, as applicable, under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as in accordance with the procedures provided in Section 11.14; provided that 4.12, each of such which Additional Commitment Lenders shall enter have entered into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Extension Effective Date, undertake a Revolving Credit Commitment or a Term Incremental Term-2 Loan Commitment, as applicable (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Revolving Credit Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any ) and/or acquire outstanding Incremental Term-2 Loans from such Additional Commitment Lender in respect of the Term Facility is already a Term Non-Extending Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Sources: Credit Agreement (CoreCivic, Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in Section 11.143.08; provided that that (i) the Borrower shall offer the Revolving Credit Commitments of Non-Extending Lenders first to Extending Lenders (defined below), it being understood no Extending Lender shall have an obligation to take any such Non-Extending Lender’s Revolving Credit Commitment, and (ii) each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity applicable Extension Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment hereunder on the date of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lenderassignment).

Appears in 1 contract

Sources: Credit Agreement (Precision Castparts Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees acceptable to the Administrative Agent (each, an “Additional Commitment Lender”) as provided in Section 11.1410.13; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Anniversary Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any such ), provided that the Extending Lenders shall have the right to increase their Commitment up to the amount of the Non-Extending Lenders’ Commitment before the Borrower will be permitted to substitute an Additional Commitment Lender in respect of the Term Facility is already for a Term Non-Extending Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Sources: Credit Agreement (Altera Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) reasonably acceptable to the Administrative Agent and each L/C Issuer and as provided in Section 11.1410.13; provided provided, that each existing Lender shall have the right to increase its Commitments, pro rata after giving effect to the other existing Lenders who elect to increase their Commitments under this Section 2.15, up to the amount of such the Non-Extending Lender’s Commitments before the Borrower will permitted to replace an Additional Commitment Lenders Lender for any Non-Extending Lender, and provided, further that each Additional Commitment Lender shall enter into an Assignment and Assumption pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Extension Effective Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other Revolving Credit such Lender’s Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Sources: Credit Agreement (Ross Stores, Inc.)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the applicable Extension Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Revolving Credit Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, as an “Additional Commitment Assuming Lender”) as provided in Section 11.14; provided that with the approval of the Agent and each Issuing Bank (which approval shall not be unreasonably withheld), each of such Additional Commitment which Assuming Lenders shall enter have entered into an Assignment assumption agreement in form and substance satisfactory to the Borrower and the Agent (an “Assumption Agreement”) duly executed by such Eligible Assignee, the Agent and the Borrower, pursuant to which such Additional Commitment Assuming Lender shall, effective as of the Existing Maturity applicable Extension Date, undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Assuming Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such ▇▇▇▇▇▇’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).. 101

Appears in 1 contract

Sources: Credit Agreement (Science Applications International Corp)

Additional Commitment Lenders. The Borrowers Borrower shall have the right on or before the Existing Revolving Credit Maturity Date to replace each Non-Extending Lender with, and add as Lenders under the applicable Facility “Lenders” under this Agreement in place thereof, one or more Eligible Assignees Persons (each, an “Additional Commitment Lender”; each Additional Commitment Lender, together with any Lender that extends its Commitment, being collectively called the “Continuing Lenders”) as provided in Section 11.14; provided that with the approval of the Administrative Agent, the Swingline Lender and the Letter of Credit Issuer (which approvals shall not be unreasonably withheld), each of such which Additional Commitment Lenders shall enter have entered into an Assignment agreement in form and Assumption substance satisfactory to the Borrower and the Administrative Agent pursuant to which such Additional Commitment Lender shall, effective as of the Existing Maturity Date, shall undertake a Revolving Credit Commitment or a Term Loan (and, if any such Additional Commitment Lender in respect of the Revolving Credit Facility is already a Revolving Credit Lender, its Revolving Credit Commitment shall be in addition to any other such Lender’s Revolving Credit Commitment of such Lender hereunder on such date; if any such Additional Commitment Lender in respect of the Term Facility is already a Term Lender, its Term Loan shall be in addition to any other Term Loan of such Lender).

Appears in 1 contract

Sources: Revolving Credit Agreement (ITC Holdings Corp.)