Common use of Commitment Increase Date Clause in Contracts

Commitment Increase Date. The Agent shall promptly notify each Lender as to the effectiveness of any such Commitment Increase (with the date of such effectiveness being referred to herein as a “Commitment Increase Date”), and at each such time (i) the Maximum Facility Amount under, and for all purposes of, this Agreement shall be increased by the aggregate amount of each such Commitment Increase, (ii) the increased Commitments set forth on Schedule C-1 shall be deemed effective, without further action, to reflect the revised Commitments of the Lenders, and (iii) this Agreement shall be deemed amended, without further action, to the extent necessary to reflect such Increased Maximum Facility Amount.

Commitment Increase Date. The Agent shall promptly notify each Lender as to the effectiveness of any such each Commitment Increase (with the date of such effectiveness being referred to herein as a the “Commitment Increase Date”), and at each such time (i) the Maximum Facility Revolver Amount under, and for all purposes of, this Agreement shall be increased by the aggregate amount of each such the subject Commitment Increase, (ii) the increased Commitments set forth on Schedule C-1 shall be deemed effective, without further action, to reflect the revised Commitments of the Lenders, and (iii) this Agreement shall be deemed amended, without further action, to the extent necessary to reflect such Increased Maximum Facility Revolver Amount.

Commitment Increase Date. The Agent shall promptly notify each Lender as to the effectiveness of any such the Commitment Increase (with the date of such effectiveness being referred to herein as a the “Commitment Increase Date”), and at each such time (i) the Maximum Facility Amount under, and for all purposes of, this Agreement shall be increased by the aggregate amount of each such the Commitment Increase, (ii) the increased Commitments set forth on Schedule C-1 shall be deemed effective, without further action, to reflect the revised Commitments of the Lenders, and (iii) this Agreement shall be deemed amended, without further action, to the extent necessary to reflect such Increased Maximum Facility Amount.