Common use of Pursuant to Sections Clause in Contracts

Pursuant to Sections. 2.16(a) and 11.01 of the Credit Agreement, any increase in U.S. Revolving Credit Commitments pursuant to Section 2.16 of the Credit Agreement shall be effected pursuant to an amendment to the Credit Agreement, executed by the Loan Parties, the Lenders and Eligible Assignees providing such increased U.S. Revolving Credit Commitments (and no other Lenders) and the Administrative Agent (and, in the case of any Eligible Assignee providing any portion of a Commitment Increase, each U.S. L/C Issuer and U.S. Swing Line Lender). Any such amendment may, without the consent of any Lenders other than any Lenders providing the increased U.S. Revolving Credit Commitments, effect such amendments to any Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrowers, to effect the provisions of Section 2.16 of the Credit Agreement.

Appears in 2 contracts

Sources: Joinder and Amendment Agreement (Nortek Inc), Joinder and Amendment Agreement