Commitment Increases. Upon the effectiveness of this Agreement, the Borrower, the Parent and each Increasing Lender acknowledge and agree that the amount of such Increasing Lender’s Commitment shall be increased by the amount set forth for such Increasing Lender on Schedule I hereto as such Lender’s “Commitment Increase”.
Appears in 2 contracts
Sources: Increase Agreement, Increase Agreement (Agree Realty Corp)
Commitment Increases. Upon the effectiveness of this Agreement, Agreement (a) the Borrower, the Parent Borrower and each Increasing Lender acknowledge and agree that the amount of such Increasing Lender’s Commitment shall be increased by to the amount set forth for such Increasing Lender on Schedule I hereto as such Lender’s “Commitment Increase”Amount” and (b) each Increasing Lender and the New Lender agrees to make the payments required to be made by such Increasing Lender and the New Lender under Section 2.16 of the Credit Agreement.
Appears in 1 contract
Sources: Agreement Regarding Commitment Increases (Select Income REIT)