Common use of Reallocation of Commitments Clause in Contracts

Reallocation of Commitments. On the Restatement Effective Date Borrower shall (A) prepay the Existing Loans (if any) in full, (B) simultaneously borrow new Loans hereunder in an amount equal to such prepayment; provided that with respect to subclauses (A) and (B), (x) the prepayment to, and borrowing from, any Existing Lender shall be effected by book entry to the extent that any portion of the amount prepaid to such Existing Lender will be subsequently borrowed from such Existing Lender and (y) the Existing Lenders and the New Lenders shall make and receive payments among themselves, in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (as set forth in Schedule 1.01(b)) and (C) pay to the Lenders the amounts, if any, payable under Section 2.14 of the Existing Credit Agreement as a result of any such prepayment. Concurrently therewith, the Lenders shall be deemed to have adjusted their participation interests in any outstanding Letters of Credit so that such interests are held ratably in accordance with their commitments as so revised.

Reallocation of Commitments. On the Restatement Effective Date Date, immediately following or substantially contemporaneously with the prepayment described in Section 2.9 hereof, the Borrower shall (A) prepay the Existing Loans (if any) that are outstanding immediately prior to the Effective Date in fullfull (other than any Loans that have already been prepaid pursuant to Section 2.9), and (B) simultaneously borrow new Loans hereunder under the Credit Agreement in an amount equal to such prepayment; provided that with respect to subclauses (A) and (B), (x) the prepayment to, and borrowing from, any Existing Lender shall be effected by book entry to the extent that any portion of the amount prepaid to such Existing Lender will be subsequently borrowed from such Existing Lender and (y) the Existing Lenders and the New Lenders shall make and receive payments among themselves, as administered by and in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (as set forth in Schedule 1.01(b) of the Credit Agreement)) and (C) pay to . Each of the Lenders agrees to waive repayment of the amounts, if any, payable under Section 2.14 of the Existing Credit Agreement as a result of of, and solely in connection with, any such prepayment. Concurrently therewith, the Lenders shall be deemed to have adjusted their participation interests in any outstanding Letters of Credit so that such interests are held ratably in accordance with their commitments as so revised.

Reallocation of Commitments. On the Restatement Effective Date Date, immediately following or substantially contemporaneously with the prepayment described in Section 2.10 hereof, the Borrower shall (A) prepay the Existing Loans (if any) that are outstanding immediately prior to the Effective Date in full, full (other than any Loans that have already been prepaid pursuant to Section 2.10) and (B) simultaneously borrow new Loans hereunder under the Credit Agreement in an amount equal to such prepayment; provided that with respect to subclauses (A) and (B), (x) the prepayment to, and borrowing from, any Existing Lender shall be effected by book entry to the extent that any portion of the amount prepaid to such Existing Lender will be subsequently borrowed from such Existing Lender and (y) the Existing Lenders and the New Lenders shall make and receive payments among themselves, as administered by and in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (as set forth in Schedule 1.01(b) of the Credit Agreement)) and (C) pay to . Each of the Lenders agrees to waive repayment of the amounts, if any, payable under Section 2.14 2.13 of the Existing Credit Agreement as a result of of, and solely in connection with, any such prepayment. Concurrently therewith, the Lenders shall be deemed to have adjusted their participation interests in any outstanding Letters of Credit so that such interests are held ratably in accordance with their commitments as so revised.

Reallocation of Commitments. On the Restatement Effective Date Date, the Borrower shall (A) prepay the Existing Loans (if any) that are outstanding immediately prior to the Effective Date in full, (B) simultaneously borrow new Loans hereunder under the Credit Agreement in an amount equal to such prepayment; provided that with respect to subclauses (A) and (B), (x) the prepayment to, and borrowing from, any Existing Lender shall be effected by book entry to the extent that any portion of the amount prepaid to such Existing Lender will be subsequently borrowed from such Existing Lender and (y) the Existing Lenders and the New Lenders shall make and receive payments among themselves, in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (as set forth in Schedule 1.01(b)) of the Credit Agreement) and (C) pay to the Lenders the amounts, if any, payable under Section 2.14 of the Existing Credit Agreement as a result of any such prepayment. Concurrently therewith, the Lenders shall be deemed to have adjusted their participation interests in any outstanding Letters of Credit so that such interests are held ratably in accordance with their commitments as so revised.

Reallocation of Commitments. On Upon the Restatement Effective Date effectiveness of this Agreement, all outstanding loans owing by the Borrower shall (A) prepay under the Existing Credit Agreement shall be deemed to be Loans (if any) hereunder. The parties hereto acknowledge and agree that, notwithstanding the provisions regarding assignments set forth in fullSection 10.06 hereof, as of the Closing Date, (Bi) simultaneously borrow new Loans hereunder in an amount equal to such prepayment; provided that with respect to subclauses (A) the Commitments and Applicable Percentages for each of the Lenders are as set forth on Schedule 2.01 and (B), (xii) each Lender that is party to the prepayment to, and borrowing from, any Existing Lender Credit Agreement whose loan commitments under the Existing Credit Agreement is greater than its Commitments hereunder shall be effected by book entry deemed to the extent that any have assigned, without recourse, to one or more Lenders such portion of the amount prepaid to such Existing Lender will be subsequently borrowed from such Existing Lender decreasing Lender’s existing loans and (y) the Existing Lenders and the New Lenders shall make and receive payments among themselves, in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (as set forth in Schedule 1.01(b)) and (C) pay to the Lenders the amounts, if any, payable commitments under Section 2.14 of the Existing Credit Agreement as a result shall be necessary to effectuate the reallocation of commitments and existing loans contemplated hereby. Notwithstanding anything to the contrary in the Existing Credit Agreement or this Agreement, no other documents or instruments, including any Assignment and Assumption, shall be executed in connection with such prepaymentassignments (all of which requirements are hereby waived), and such assignments shall be deemed to be made with all applicable representations, warranties and covenants as if evidenced by an Assignment and Assumption. Concurrently therewithOn the Closing Date, the Lenders shall make full cash settlement with each other through the Administrative Agent with respect to all assignments, reallocations and other changes in commitments contemplated hereby such that after giving effect to such settlements each Lender’s Applicable Percentage with respect to the Term Facility and the Revolving Credit Facility shall be deemed to have adjusted their participation interests in any outstanding Letters of Credit so that such interests are held ratably in accordance with their commitments as so revisedset forth on Schedule 2.01.