Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations in Loans or Letters of Credit, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Shares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.01.
Appears in 1 contract
Sources: Revolving Credit Agreement (Keystone Automotive Operations Inc)
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans or Letters of Credit, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0112.9.1.
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans or Letters of Credit, the Administrative Agent may shall exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Shares. A Defaulting shares; provided that no Lender shall have no right be required to vote on any amendment, waiver fund or other modification participate in Loans or Letters of a Loan Document, except as provided Credit in Section 11.01.excess of its
Appears in 1 contract
Sources: Loan and Security Agreement (Ak Steel Holding Corp)
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans Advances or Letters of Credit, the Administrative Agent may exclude the Line of Credit Commitments and Loans Advances of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0110.1.1.
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans or Letters of Credit, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of pro rata Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0114.1.1(c).
Appears in 1 contract
Sources: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations in Loans or Letters of Credit, the Administrative Agent may shall exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Shares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0113.10(e).
Appears in 1 contract
Sources: Credit Agreement (Chiquita Brands International Inc)
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations in Loans or Letters of Credit, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Shares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Credit Document, except as provided in Section 11.0112.10.
Appears in 1 contract
Sources: Abl Credit Agreement (Performance Sports Group Ltd.)
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans or Letters of Creditthe Loans, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Shares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0111.1.
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ ' obligations to fund or acquire participations participate in Loans Loans, to share in fees or Letters of Creditfor any other determination permitted hereunder, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0113.1.1(b).
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans or Letters of Credit, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Shares. A Defaulting shares; provided, however, that in no event will any Lender shall have no right be required to vote on any amendment, waiver fund or other modification participate in Loans or Letters of Credit if as a Loan Document, except as provided in Section 11.01.result of such funding or participation the
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations or rights to fund fund, participate in or acquire participations in Loans or Letters of Creditreceive collections with respect to Loans, the Administrative Agent may exclude the Commitments and in its discretion reallocate Pro Rata shares by excluding a Defaulting Lender’s Loans of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0115.1.1(b).
Appears in 1 contract
Sources: Term Loan and Security Agreement (Key Energy Services Inc)
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans or Letters of Credit, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.01.15.1.1
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations to fund or acquire participations participate in Loans Loans, to share in fees or Letters of Creditfor any other determination permitted hereunder, the Administrative Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Transaction Document, except as provided in Section 11.0113.1.1(c).
Appears in 1 contract
Reallocation of Pro Rata Share; Amendments. For purposes of determining the Lenders’ obligations or rights to fund or acquire participations in Loans or Letters of Creditreceive collections with respect to Loans, the Administrative Agent may exclude the Commitments in its discretion reallocate Pro Rata shares by excluding a Defaulting Lender’s Commitment and Loans of any Defaulting Lender(s) from the calculation of Pro Rata Sharesshares. A Defaulting Lender shall have no right to vote on any amendment, waiver or other modification of a Loan Document, except as provided in Section 11.0113(a)(iii).
Appears in 1 contract
Sources: Loan Agreement (Chicago Atlantic Real Estate Finance, Inc.)