Common use of Commitment Increase Request Clause in Contracts

Commitment Increase Request. (a) Subject to paragraph (e) below, the Borrower may, at any time up to (and including) the date which is 12 Months after the date of this Agreement, request the Arranger to invite (within a period of not more than 30 days) one or more banks or financial institutions (which may include any bank or financial institution specified by the Borrower in its request) willing to become an Acceding Lender or, in the case of an existing Lender, willing to agree to a Commitment Increase. (b) If any bank or financial institution invited by the Arranger is willing to become an Acceding Lender or, in the case of an existing Lender, is willing to agree to a Commitment Increase within such 30 day period, the Arranger will notify the Borrower. (c) None of the Finance Parties shall have any obligation to procure a bank or financial institution to become an Acceding Lender or to agree to a Commitment Increase. (d) The Borrower shall co-operate with and assist the Arranger with respect to its request in paragraph (a) above, including providing the Arranger with: (i) all information reasonably required by the Arranger in order to assist it in inviting any bank or financial institution to become an Acceding Lender; and (ii) (information reasonably requested by any bank or financial institution in connection with any invitation to it to become an Acceding Lender. (e) The aggregate amount comprising the Commitments of all the Acceding Lenders and all the relevant Lenders agreeing to a Commitment Increase shall not at any time exceed US$100,000,000.

Commitment Increase Request. (a) Subject to paragraph (e) below, the Borrower may, at any time up to (and including) the date which is 12 Months after the date of this Agreement, request the Arranger to invite (within a period of not more than 30 days) one or more banks or financial institutions (which may include any bank or financial institution specified by the Borrower in its request) willing to become an Acceding Lender or, in the case of an existing Lender, willing to agree to a Commitment Increase, to become a Facility B Lender. (b) If any bank or financial institution invited by the Arranger is willing to become an Acceding Lender or, in the case of an existing Lender, is willing to agree to a Commitment Increase within such 30 day period, the Arranger will notify the Borrower. (c) None of the Finance Parties shall have any obligation to procure a bank or financial institution to become an Acceding Lender or to agree to a Commitment IncreaseIncrease Lender. (d) The Borrower shall co-operate with and assist the Arranger with respect to its request in paragraph (a) above, including providing the Arranger with: (i) all information reasonably required by the Arranger in order to assist it in inviting any bank or financial institution to become an Acceding Lender; and (ii) (information reasonably requested by any bank or financial institution in connection with any invitation to it to become an Acceding Lender. (e) The aggregate amount comprising the Facility B Commitments of all the Acceding Lenders and all the relevant Lenders agreeing to a Commitment Increase shall not at any time exceed US$100,000,000.