Increase in Revolving Credit Commitment Sample Clauses

Increase in Revolving Credit Commitment. (a) The Borrower may request an increase in Revolving Credit Commitments from the existing Revolving Loan Lenders from time to time upon not less than 15 days’ written notice to Administrative Agent and the Revolving Loan Lenders, as long as (i) the requested increase is offered on the same terms as the existing Revolving Credit Commitments, (ii) such new Revolving Credit Commitments shall be available at any time prior to the Final Maturity Date, (iii) the Revolving Loan made pursuant to such Revolving Credit Commitments are used for the general corporate purposes of the Borrower (including in connection with Permitted Acquisitions), and (iv) the Administrative Agent and the Revolving Loan Lenders consent in their sole discretion to such increase at the time of the request thereof (any Revolving Loans extended pursuant to this Section 2.05, “Incremental Revolving Loans”).
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Increase in Revolving Credit Commitment. So long as no Default or Unmatured Default has occurred and is continuing, the Revolving Credit Commitment of each Lender shall be automatically increased in an amount equal to any mandatory or voluntary prepayments made with respect to the Term Loan pursuant to Section 2.2.2. Upon any such increase in the Revolving Credit Commitment, the Borrower shall promptly execute and deliver to the Lenders replacement notes evidencing such increase. Notwithstanding the foregoing, in no event may the aggregate principal amount of all outstanding Loans at any time exceed the Aggregate Commitment.
Increase in Revolving Credit Commitment. (a) From and after October 29, 2002, the Revolving Credit Commitment as at any date of determination shall be increased to an amount equal to (a) Seventy Million Dollars ($70,000,000) minus (b) the face amount of all Credit Enhancements outstanding on such date.
Increase in Revolving Credit Commitment. Provided that there is no default of Event of Default or event then existing or would arise therefrom, and the Lender has reviewed the Borrower's request for increase, the Borrower, at its option, may request that the Revolving Credit Commitment be increased to an amount not to exceed $100,000,000 on terms and conditions similar to those applicable to the existing portion of the Revolving Credit Commitment, provided that after giving effect to any increase, the Revolving Credit Commitment shall not exceed $150,000,000. The Lender and any Participants shall initially have the right to increase the Revolving Credit Commitment however nothing herein shall be deemed a commitment by the Lender or any Participant to provide any such increase so requested by the Borrower.
Increase in Revolving Credit Commitment. Pursuant to Section 4.13 of the Loan Agreement, Borrowers have requested an increase in the aggregate Revolving Credit Commitments by an aggregate principal amount of $10,000,000.00, with an Increased Amount Date as of the date of this Amendment. The Administrative Agent hereby notifies the Borrowers and the Lenders of the allocation for all Revolving Credit Commitments, after taking into account the exercise by the Borrowers of such increase to the aggregate Revolving Credit Commitments under Section 4.13 of the Loan Agreement effective as of the Increased Amount Date, as follows: Wxxxx Fargo Bank, National Association $40,833,000.00; JPMorgan Chase Bank, N.A. $29,167,000.00.
Increase in Revolving Credit Commitment. Subject to the Agent and each Lender's prior written consent and so long as no Default or Unmatured Default has occurred and is continuing, commencing April 1, 2004 the Revolving Credit Commitment may be increased in an amount equal to the scheduled principal payments made with respect to the Term Loan pursuant to Section 2.2.2, and the amount of each Lender's Pro-Rata Share of such increase in the Revolving Credit Commitment shall likewise be ratably increased; provided, however, that in no event shall the aggregate principal amount of such increase to the Revolving Credit Commitment at any time exceed $10,000,000; provided, further, that in no event shall the principal amount of all outstanding Loans at any time exceed the Aggregate Commitment. Upon any such increase in the Revolving Credit Commitment, the Borrower shall promptly execute and deliver to the Lenders replacement notes evidencing such increase."
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Increase in Revolving Credit Commitment. (a) Subject to the conditions set forth below, at any time prior to the Revolving Credit Maturity Date, the Borrower shall have the right upon not less than thirty (30) days’ prior written notice (an “Incremental Revolving Credit Commitment Notification”) to the Administrative Agent to increase the Revolving Credit Commitment in an aggregate principal amount for all such increases not to exceed $25,000,000 (the “Maximum Revolving Increase Amount”). Such Incremental Revolving Credit Commitment Notification shall specify the applicable Incremental Revolving Credit Commitment Effective Date. The Borrower shall not deliver more than four (4) Incremental Revolving Credit Commitment Notifications during the term of this Agreement subsequent to the Closing Date.
Increase in Revolving Credit Commitment. (a) Subject to the conditions set forth below, at any time prior to the Revolving Credit Maturity Date, the Borrower, shall have the right upon not less than thirty (30) days' prior written notice (an "Incremental Revolving Credit Commitment Notification") to the
Increase in Revolving Credit Commitment. So long as no Default or Unmatured Default has occurred and is continuing, the Revolving Credit Commitment shall be automatically increased in an amount equal to the scheduled principal payments made with respect to the Term Loan pursuant to Section 2.2.2, and the amount of each Lender's Pro-Rata Share of such increase in the Revolving Credit Commitment shall likewise be ratably increased. Upon any such increase in the Revolving Credit Commitment, the Borrower shall promptly execute and deliver to the Lenders replacement notes evidencing such increase. Notwithstanding the foregoing, in no event may the aggregate principal amount of all outstanding Loans at any time exceed the Aggregate Commitment."
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