Common use of Effective Date and Allocations Clause in Contracts

Effective Date and Allocations. If the Commitment Amount is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an “Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 4 contracts

Sources: Credit Agreement (GrubHub Inc.), Credit Agreement (GrubHub Inc.), Credit Agreement (Wayfair Inc.)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this SectionSection 2.4, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental Revolving Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Revolving Commitment and the applicable Incremental Commitment Increase Effective Date.

Appears in 4 contracts

Sources: Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Veeco Instruments Inc)

Effective Date and Allocations. If the Commitment Amount is Total Commitments are increased in accordance with this SectionSection 2.27, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Commitment and the applicable Incremental Commitment Increase Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (Sprinklr, Inc.), Credit Agreement (Remitly Global, Inc.), Credit Agreement (Sprinklr, Inc.)

Effective Date and Allocations. If the Commitment Amount is aggregate Commitments (including due to new Commitments by additional Lenders) are increased in accordance with this Section§2.2, the Administrative Agent and the Borrower Borrowers shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower Borrowers and the Lenders (including any additional Lenders) of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 3 contracts

Sources: Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust)

Effective Date and Allocations. If the Commitment Amount is increased in accordance with this Section, the Administrative Agent and the Borrower Agent shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 3 contracts

Sources: $30,000,000 Euro/GBP Credit Agreement (Euronet Worldwide Inc), Credit Agreement (Euronet Worldwide Inc), Credit Agreement (Euronet Worldwide Inc)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this SectionSection 2.4, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental CommitmentRevolving Commitment or Incremental Term Loan, as applicable. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Revolving Commitment or Incremental Term Loan, as applicable, and the applicable Incremental Commitment Increase Effective Date.

Appears in 2 contracts

Sources: Loan and Security Agreement (Marketwise, Inc.), Loan and Security Agreement (Marketwise, Inc.)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 2 contracts

Sources: Loan Agreement (Cascade Corp), Credit Agreement (Spherion Corp)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased as provided in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 2 contracts

Sources: Loan Agreement (Moog Inc), Credit Agreement (Astronics Corp)

Effective Date and Allocations. If the Total Commitment Amount is increased in accordance with this Section, the Administrative Agent and the Borrower Borrowers shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower Borrowers and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD)

Effective Date and Allocations. If the Commitment Amount is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an “Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Arlo Technologies, Inc.)

Effective Date and Allocations. If the Commitment Amount is aggregate amount of Commitments are increased in accordance with this SectionSection 3.9, the Administrative Facility Agent and the Borrower shall promptly thereafter determine the effective date of each such increase thereof (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitment. The Administrative such increase, and the Facility Agent shall promptly notify the Borrower and the Lenders (including Proposed Lenders that have agreed to participate in such increase) of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Tidewater Inc)

Effective Date and Allocations. If the Commitment Amount is Total Revolving Commitments are increased in accordance with this SectionSection 2.9, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental Revolving Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Revolving Commitment and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Loan and Security Agreement (AtriCure, Inc.)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this SectionSection 2.2, the Administrative Agent and the Borrower Representative shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower Representative and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date. Any increase in the Aggregate Commitments pursuant to this Section 2.2 shall not result in any increase in the Letter of Credit Sublimit.

Appears in 1 contract

Sources: Loan and Security Agreement (Kellwood Co)

Effective Date and Allocations. If the Commitment Amount is Total Term Commitments are increased in accordance with this SectionSection 2.27, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental CommitmentTerm Loan. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Term Loan and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (TechTarget Inc)

Effective Date and Allocations. If the total Commitment Amount is increased in accordance with this SectionSection 2.22, the Administrative Agent Required Lenders and the Borrower shall will determine the effective date of each such increase (each an “Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall will promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Dateeffective date thereof.

Appears in 1 contract

Sources: Revolving Credit Agreement (Community Choice Financial Inc.)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Revolving Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase, in their sole discretion. The Administrative Agent shall promptly notify the Borrower and the Lenders and any New Lenders of the final allocation of such increase and the applicable Incremental Commitment Revolving Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Warwick Valley Telephone Co)

Effective Date and Allocations. If the Commitment Amount is Total Revolving Commitments are increased in accordance with this SectionSection 2.25, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental Revolving Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Revolving Commitment and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Organogenesis Holdings Inc.)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this Section, the Borrower and the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date. For the avoidance of doubt, any increased Commitments shall be subject to the same terms and conditions as all other Commitments.

Appears in 1 contract

Sources: Credit Agreement (Masimo Corp)

Effective Date and Allocations. If the Commitment Amount is Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental such increase, it being understood that no Lender is required to increase its Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Loan Agreement (Kensey Nash Corp)

Effective Date and Allocations. If the Commitment Amount is Total Revolving Commitments are increased in accordance with this SectionSection 2.27, the Administrative Agent and the Borrower shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each such Incremental Revolving Commitment. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase Incremental Revolving Commitment and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Organogenesis Holdings Inc.)

Effective Date and Allocations. If the Total Commitment Amount is increased in accordance with this SectionSection 2.7.4, the Administrative Agent and the Borrower Borrowers shall determine the effective date of each such increase (each an the Incremental Commitment Increase Effective Date”) and the final allocation of each Incremental Commitmentsuch increase. The Administrative Agent shall promptly notify the Borrower Borrowers and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD)