Common use of Effective Date and Allocations Clause in Contracts

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase. The Administrative Agent shall promptly notify the Company and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 4 contracts

Sources: Credit Agreement (Parexel International Corp), Credit Agreement (Parexel International Corp), Credit Agreement (Parexel International Corp)

Effective Date and Allocations. If the Term B Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrowers and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (Empire State Realty Trust, Inc.), Credit Agreement (Empire State Realty OP, L.P.), Credit Agreement (Empire State Realty Trust, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Revolving Credit Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders of the final allocation of such increase and the Term Loan Revolving Credit Increase Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Salem Communications Corp /De/)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Co-Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (hereinafter referred to as the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Co-Borrowers and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (Verisk Analytics, Inc.), Credit Agreement (Premier, Inc.), Credit Agreement (Verisk Analytics, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Revolving Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrowers, the Lenders and the Term New Lenders of the final allocation of such increase and the Term Loan Revolving Increase Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine the effective date (ithe “Term Facility Increase Effective Date”) and the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 attached hereto shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increasesame. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders of the final allocation of such increase and the Term Loan Facility Increase Effective Date.

Appears in 2 contracts

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

Effective Date and Allocations. If the Revolving or, as applicable, Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders and the New Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Lydall Inc /De/), Credit Agreement (Lydall Inc /De/)

Effective Date and Allocations. If the Term either Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders and the New Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Armstrong Flooring, Inc.), Credit Agreement (Armstrong Flooring, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 of the Disclosure Schedules shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Dennys Corp), Credit Agreement (Dennys Corp)

Effective Date and Allocations. If the Term Facility is increased in accordance with this SectionSection 2.14, the Administrative Agent and the Co-Borrowers shall determine the effective date (ihereinafter referred to as the “Increase Effective Date”) and the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Incremental Loan Increase Effective Date”) of any such increaseCommitment. The Administrative Agent shall promptly notify the Company Co-Borrowers and the Term Lenders of the final allocation of such increase Incremental Loan Commitment and the Term Loan Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Premier, Inc.), Credit Agreement (Premier, Inc.)

Effective Date and Allocations. If the Term Facility is one or more of the Facilities are increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine the effective date (ieach an “Increase Effective Date”) and the final allocation of such increase among Increasing Term the Lenders and Schedule 2.01 shall (provided, that such allocations must be automatically updated to reflect in accordance with the same and (ii) the effective date (the “Term Loan Increase Effective Date”) terms of any such increaseSection 2.01(d)). The Administrative Agent shall promptly notify the Company Borrowers and the Term Lenders of the final allocation allocations of such increase and the Term Loan Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Government Properties Income Trust), Credit Agreement (Government Properties Income Trust)

Effective Date and Allocations. If the Term Facility is increased or term loans shall be made under any Incremental Term Loan Facility, as applicable, in accordance with this SectionSection 2.16, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increaseIncremental Facility. The Administrative Agent shall promptly notify the Company Borrower and the Term applicable Lenders of the final allocation of such increase Incremental Facility and the Term Loan Increase Effective Date.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Ventas, Inc.), Credit and Guaranty Agreement (Ventas, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Ascent Capital Group, Inc.)

Effective Date and Allocations. If either of the Term Facility Facilities is increased or a new term facility is established in accordance with this Section, the Administrative Agent and the Company on behalf of the Borrowers shall determine the effective date (ieach an “Increase Effective Date”) and the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increaseAppropriate Lenders. The Administrative Agent shall promptly notify the Company on behalf of the Borrowers and the Term Appropriate Lenders of the final allocation of such increase and the Term Loan Increase Effective DateDate with respect thereto.

Appears in 1 contract

Sources: Credit Agreement (W P Carey & Co LLC)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Revolving Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders and the New Lenders of the final allocation of such increase and the Term Loan Revolving Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Higher One Holdings, Inc.)

Effective Date and Allocations. If the Term either Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and each Appropriate Lender and the Term New Revolving Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.Date.8 48

Appears in 1 contract

Sources: Credit Agreement (Ixia)

Effective Date and Allocations. If the theany Term Facility is increased in accordance with this Section, the Administrative Agent shall promptly notify the Borrower and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders under such Term Facility of the amount and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase. The Administrative Agent shall promptly notify the Company and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Ascent Capital Group, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (American Assets Trust, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this SectionSection 2.04, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower, the Lenders and the Term Incremental Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (GAIN Capital Holdings, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent shall promptly notify the Borrower and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders of the amount and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase. The Administrative Agent shall promptly notify the Company and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Ascent Capital Group, Inc.)

Effective Date and Allocations. If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 of the Disclosure Schedules shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase. The Administrative Agent shall promptly notify the Company Borrowers and the Term Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Dennys Corp)

Effective Date and Allocations. If the Term either Facility is increased in accordance with this SectionSection 2.16, the Administrative Agent and the Borrowers Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) and the final allocation of any such increase. The Administrative Agent shall promptly notify the Company Borrower and the Term Lenders and any New Lenders of the final allocation of such increase and the Term Loan Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Team Inc)