Revolving Credit Commitment Increase Sample Clauses

Revolving Credit Commitment Increase. On the Second Amendment Effective Date, the Borrower, the Administrative Agent, and the Lenders party hereto hereby effect a Revolving Credit Commitment Increase pursuant to the terms of Article 3 of the Existing Credit Agreement (which provisions are not waived, amended or modified hereby other than as expressly set forth herein). On the Second Amendment Effective Date and after giving effect to such Revolving Credit Commitment Increase, the Revolving Credit Commitment and Revolving Credit Commitment Percentage of each Lender shall be as set forth on Schedule 1A attached hereto which schedule supersedes and replaces Schedule 1A to the Existing Credit Agreement. Each of the parties hereto agrees (a) that the review, execution and delivery of this Amendment satisfies the notice requirements set forth in Section 3.3 of the Existing Credit Agreement, (b) this Amendment is an Incremental Facility Amendment, (c) the Second Amendment Effective Date is the Incremental Commitments Effective Date and the Incremental Facility Closing Date for the Incremental Commitment Increase effected by this Amendment and (d) this Amendment and the revised Schedule 1A attached hereto shall constitute notice from the Administrative Agent pursuant to Section 3.5 of the Existing Credit Agreement as to the final allocation of the Revolving Credit Commitments Increases and the Incremental Commitments Effective Date. The Administrative Agent and each Lender will assign, each Revolving Credit Commitment Increase Lender will assume, and the parties will hereto will take such further actions as are necessary (if any) in order to give effect to the assignments, assumptions and reallocations provided for in Section 3.8 of the Existing Credit Agreement.
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Revolving Credit Commitment Increase. (a) Pursuant to Section 2.6 of the Credit Agreement, the Borrower confirms and agrees that it is has requested an increase in the aggregate amount of the existing Revolving Credit Commitments through the establishment of a Revolving Credit Commitment Increase in an aggregate principal amount of $75,000,000 (the “Incremental Revolving Credit Commitment”) on the Amendment No. 1 Effective Date (as defined below).
Revolving Credit Commitment Increase. (a) Any additional bank, financial institution or other entity which the Borrower selects to offer participation in the increased Total Revolving Credit Commitments and which elects to become a party to the Amended Credit Agreement (as defined below) and obtain a Revolving Credit Commitment in an amount so offered and accepted by it shall execute a New Lender Supplement with the Borrower, the Administrative Agent, the Swing Line Lender and the Issuing Lenders, substantially in the form of Exhibit B (a "New Lender Supplement"), whereupon such bank, financial institution or other entity (herein called a "New Revolving Credit Lender") shall become a Revolving Credit Lender for all purposes and to the same extent as if originally a party hereto and shall be bound by and entitled to the benefits of the Amended Credit Agreement, provided that, the Revolving Credit Commitment of any such New Revolving Credit Lender shall be in an amount not less than $5,000,000.
Revolving Credit Commitment Increase. (a) Each Lender (each an “Incremental Lender”) party to this Amendment hereby severally agrees to provide the Revolving Credit Commitment Increase set forth opposite its name on Annex B attached hereto (the “First Amendment Incremental Commitments”). The First Amendment Incremental Commitments (i) shall be an increase to the Revolving Credit Commitments provided on the Closing Date, (ii) shall be subject to all of the terms and conditions set forth in the Existing Credit Agreement (including Section 2.25 thereof), (iii) shall have terms identical to the terms of the initial Revolving Credit Commitments and (iv) shall 472780/217907 - 7956476.3 remain in effect through October 30, 2023 (the “First Amendment Incremental Termination Date”).
Revolving Credit Commitment Increase. Subject to the satisfaction of the conditions precedent set forth in Section 7 below, (a) each Specified Existing Lender hereby agrees that its Revolving Credit Commitment shall be increased by the amount specified on Exhibit A attached hereto with respect to such Specified Existing Lender and (b) each Specified New Lender hereby agrees provide a new Revolving Credit Commitment in the amount specified on Exhibit A attached hereto with respect to such Specified New Lender.
Revolving Credit Commitment Increase. (a) The Borrower and each Increase Lender hereby agree that, subject to the satisfaction of the conditions in Section 5 hereof, on the Amendment No. 6 Effective Date, the Revolving Credit Commitment Increase of such Increase Lender shall become effective and the Revolving Credit Commitments shall be deemed increased by the amount of the Revolving Credit Commitment Increases of such Increase Lenders in the amounts set forth on Schedule 1 hereto. Pursuant to Section 2.14 of the Loan Agreement, the Revolving Credit Commitment Increases shall be Revolving Credit Commitments for all purposes under the Loan Agreement and each of the other Loan Documents and shall be of the same Class as, and shall have terms identical to, the Revolving Credit Commitments outstanding under the Loan Agreement immediately prior to the date hereof (after giving effect to any amendments hereunder).
Revolving Credit Commitment Increase. (a) Each Additional Lender shall, with effect from the Incremental Facility Closing Date (as defined below), become, if not already, a party to the Credit Agreement as a Revolving Credit Lender with a Revolving Credit Commitment set forth opposite such Additional Lender’s name on Annex A hereto (as such Revolving Credit Commitment may thereafter be changed from time to time pursuant to the terms of the Credit Agreement). Each Additional Lender shall, with effect from the Incremental Facility Closing Date, have the rights and obligations of a Revolving Credit Lender under the Credit Agreement and the other Loan Documents.
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Revolving Credit Commitment Increase. The Revolving Credit Commitment shall be increased from time to time as requested by Borrowers to an amount up to $25,000,000 in the aggregate; provided that such increments shall be in amounts not less than $2,500,000 each (each a "REVOLVING CREDIT COMMITMENT INCREMENT AMOUNT"), no Default or Event of Default shall have occurred and be continuing or would occur after giving effect to the same and Borrower Agent shall have provided Senior Lender with at least 10 Business Days prior written notice thereof.
Revolving Credit Commitment Increase. (a) Subject to the terms and conditions set forth herein, the Borrower shall have the right to request, by written notice to the Administrative Agent, an increase in the Revolving Credit Commitments hereunder (each, a “Revolving Credit Commitment Increase”) in an aggregate amount such that, after giving effect to any such Revolving Credit Commitment Increase, the aggregate principal amount of all then effective Revolving Credit Commitments does not exceed $465,000,000; provided that (i) any Revolving Credit Commitment Increase shall be on the same terms and pursuant to the documentation applicable to the Revolving Credit Commitments, except with respect to any commitment, arrangement, upfront or similar fees that may be agreed to among the Borrower and the Increase Loan Lenders and (ii) any Revolving Credit Commitment Increase shall be in a minimum amount of $10,000,000 (and increments of $1,000,000 above $10,000,000) or, if less than $10,000,000 is available, the amount left available.
Revolving Credit Commitment Increase. (a) Each Joining Lender shall, with effect from the Effective Date, become a party to the Credit Agreement as a Revolving Credit Lender with a Revolving Credit Commitment set forth opposite such Joining Lender’s name on Schedule 1.01(a) hereto, and each other Additional Lender shall, with effect from the Effective Date, have a Revolving Credit Commitment set forth opposite such other Additional Lender’s name on Schedule 1.01(a) hereto, in each case as such Revolving Credit Commitment may thereafter be changed from time to time pursuant to the terms of the Credit Agreement. Each Joining Lender shall, with effect from the Effective Date, have the rights and obligations of a Revolving Credit Lender under the Credit Agreement and the other Credit Documents.
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