Commitment Increase Agreement Sample Clauses
Commitment Increase Agreement. A counterpart of this Agreement duly executed and delivered by the Borrower, the Subsidiary Guarantors, Administrative Agent and the Increasing Lender;
Commitment Increase Agreement substantially in the form of Exhibit E-2, with the Borrower and the Administrative Agent. Upon delivery to the Administrative Agent of one or more New Lender Agreements or Commitment Increase Agreements, the Administrative Agent shall enter any such New Lender and its Commitment, or increasing Lender’s increased Commitment, in the Register and shall distribute a new Schedule I reflecting the Commitment of such New Lender or increasing Lender’s increased Commitment and the Commitments, as increased.
Commitment Increase Agreement. (a) By its execution of this Amendment, each Lender hereto agrees that its Commitment is hereby increased to the amount set forth opposite such Lender’s name in Schedule 2.01 attached hereto.
(b) Each Lender hereto hereby acknowledges that it has, independently and without reliance upon the Agent or any other Lender and based on the financial statements referred to in Section 5.01 of the Credit Agreement and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Amendment and to agree to the various matters set forth herein. Each Lender hereto also acknowledges that it will, independently and without reliance upon the Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement.
Commitment Increase Agreement. The Borrower hereby ratifies and affirms its obligations under, and acknowledges, renews and extends its continued liability under, each Credit Document to which it is a party and agrees that each Credit Document to which it is a party remains in full force and effect. This First Amendment and Commitment Increase Agreement constitutes a Credit Document.
Commitment Increase Agreement. 2.1 Increase in Commitments. Upon the occurrence of the Effective Date (as defined below): (a) each Lender executing this Agreement as an “Increasing Lender” (each individually an “Increasing Lender” and collectively, the “Increasing Lenders”) agrees to increase its Commitment in the amount specified in the second column (titled “Amount of Commitment Increase”) opposite its name on Schedule A hereto (collectively, the “Commitment Increase”); (b) after giving effect to the increases in Commitments contemplated by the foregoing clause (a), each Lender’s Commitment shall be the amount specified in the third column (titled “Amount of Commitment after Increase”) opposite its name on Schedule A hereto; (c) the aggregate Commitments under the Credit Agreement shall increase by the aggregate amount of the Commitment Increases of all Increasing Lenders; and (d) each of the Administrative Agent and the Swingline Lender hereby consents to each Increasing Lender providing its Commitment Increase. For avoidance of doubt, the parties agree that the Commitment Increase shall constitute an increase in the aggregate Commitment consummated in accordance with and pursuant to Section 2.21 of the Credit Agreement.
