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This excerpt taken from the BBEP 8-K filed Oct 16, 2006. Substitution of Lenders. Upon the receipt by the Company from
any Lender (an Affected
Lender) of a claim for compensation under this Article III, the
Company may: (a) obtain a replacement
Lender or financial institution satisfactory to the Administrative Agent (a Replacement Lender)
to acquire and assume all or a ratable part of all of such Affected Lenders
Loans and Commitment; or (b) request one more of the other Lenders to acquire
and assume all or part of such Affected Lenders Loans and Commitment but none
of the Lenders shall have any obligation to do so. Any such designation of a Replacement Lender
under (a) shall be subject to the prior written consent of the Administrative
Agent which consent shall not be unreasonably withheld or delayed.
3.08 |
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