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Cam Exchange
Cam Exchange contract clause examples

CAM. Each Lender hereby agrees, for the benefit of each other Lender and the Administrative Agent, that by delivering to the Administrative Agent a duly executed signature page to this Agreement or an Assignment and Assumption, such Lender shall become a party to the CAM Allocation Agreement, as set forth in [Exhibit I] with the rights and obligations for each Lender set forth therein. The provisions of the CAM Allocation Agreement are for the benefit of the Lenders and the Administrative Agent only and the Borrowers shall have no rights or obligations thereunder. A copy of the CAM Allocation Agreement shall be made available to the Borrowers upon request.

As a result of the CAM Exchange, on and after the CAM Exchange Date,

effectiveness of the CAM Exchange. As a result of the CAM Exchange, on and after the CAM Exchange Date, each payment received by the Administrative Agent pursuant to any Loan Document in respect of the Designated Obligations shall be distributed to the Lenders pro rata in accordance with their respective CAM Percentages (to be redetermined as of each such date of payment).

CAM Exchange Agreement” shall mean that certain CAM Exchange Agreement dated as of the date hereof by and among the Lenders and the Agents.

105 SECTION 12.17. CAM Exchange

CAM Percentage” shall mean, as to each Lender, a fraction, expressed as a decimal, of which # the numerator shall be the sum of the Dollar Equivalents (determined on the basis of Exchange Rates prevailing on the CAM Exchange Date) of the aggregate Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange and # the denominator shall be the sum of the Dollar Equivalents (as so determined) of the aggregate Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange.

amend or modify Article XII or the definitions of “CAM Exchange Date” or “CAM Percentage” without the consent of each Lender (other than any Defaulting Lender);

CAM Exchange” means the exchange of the Lenders’ interests provided for in Article VII.

CAM Exchange” means the exchange of the Lenders’ interests provided for in Article VII.

CAM Exchange” means the exchange of the Lenders’ interests provided for in Article VII.

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