Document ID: 12411

Text:
(A) Reallocation with respect to Initial Credit Extension. All or any part of such Defaulting Lenders Pro Rata Share of the Initial Credit Extension may be reallocated among Voluntarily Increasing Lenders in accordance with the terms and conditions hereof and of the Fee Letters; provided that, (1)such reallocation shall be deemed to have occurred on Execution Date, (2)such reallocation may be offered by the Administrative Agent in its sole discretion to existing Lenders and/or to any other Person that (x)qualifies as an Eligible Assignee and is reasonably acceptable to the Borrower, (y)has agreed to become a Lender in respect of all or a portion of the unfunded portion of such Defaulting Lenders Pro Rata Share of the Initial Credit Extension, and (z)such existing Lender or Eligible Assignee agrees to accept such reallocation in its sole discretion (a Voluntarily Increasing Lender), executes and delivers such documentation as the Administrative Agent may request to give effect to such reallocation and funds its reallocated portion of the unfunded portion of such Defaulting Lenders Pro Rata Share of the Initial Credit Extension. No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender.

Named Entities:

Tokenized Text:
(
A
)
Reallocation
with
respect
to
Initial
Credit
Extension
.
All
or
any
part
of
such
Defaulting
Lenders
Pro
Rata
Share
of
the
Initial
Credit
Extension
may
be
reallocated
among
Voluntarily
Increasing
Lenders
in
accordance
with
the
terms
and
conditions
hereof
and
of
the
Fee
Letters
;
provided
that
,
(
1
)
such
reallocation
shall
be
deemed
to
have
occurred
on
Execution
Date
,
(
2
)
such
reallocation
may
be
offered
by
the
Administrative
Agent
in
its
sole
discretion
to
existing
Lenders
and
/
or
to
any
other
Person
that
(
x
)
qualifies
as
an
Eligible
Assignee
and
is
reasonably
acceptable
to
the
Borrower
,
(
y
)
has
agreed
to
become
a
Lender
in
respect
of
all
or
a
portion
of
the
unfunded
portion
of
such
Defaulting
Lenders
Pro
Rata
Share
of
the
Initial
Credit
Extension
,
and
(
z
)
such
existing
Lender
or
Eligible
Assignee
agrees
to
accept
such
reallocation
in
its
sole
discretion
(
a
Voluntarily
Increasing
Lender
)
,
executes
and
delivers
such
documentation
as
the
Administrative
Agent
may
request
to
give
effect
to
such
reallocation
and
funds
its
reallocated
portion
of
the
unfunded
portion
of
such
Defaulting
Lenders
Pro
Rata
Share
of
the
Initial
Credit
Extension
.
No
reallocation
hereunder
shall
constitute
a
waiver
or
release
of
any
claim
of
any
party
hereunder
against
a
Defaulting
Lender
arising
from
that
Lender
having
become
a
Defaulting
Lender
.