Common use of Commitment Increase Request Clause in Contracts

Commitment Increase Request. The receipt by the Agent of a written request of the Borrower that the Commitments under the Credit Agreement be increased, which notice shall specify each existing Lender that shall have agreed to an additional Commitment and the date on which such increase is to be effective.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (New Mountain Finance Corp)

Commitment Increase Request. The receipt by the Agent of a written request of the Borrower that the Commitments under the Credit Agreement be increased, which notice shall specify each existing additional Lender that shall have agreed to an additional Commitment and the date on which such increase is to be effective.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (New Mountain Finance Corp)