Common use of Commitment of the Lender Clause in Contracts

Commitment of the Lender. 3.1. The Lender agrees to make each Facility available to the Borrower as set forth in clause 2.1 above, and under the conditions set forth herein. 3.2. The Lender agrees not to proceed with any set-off whatsoever of the amounts that it must lend to the Borrower and of any other amount that the Borrower may owe to the Lender for any reason, unless agreed by both Lender and Borrower. 3.3. The Borrower may, on one or more occasions, request a Facility Increase by delivering a Facility Increase request the form of which is set out in Schedule 2 hereto. The Lender has full discretion to accept or to reject any Facility Increase request. If accepted by the Lender, the reference to Facility Amount A and/or Facility Amount B in this Agreement shall be read accordingly.

Commitment of the Lender. 3.1. The Lender agrees to make each the Facility available to the Borrower as set forth in clause 2.1 above, and under the conditions set forth herein. 3.2. The Lender agrees not to proceed with any set-off whatsoever of the amounts amount that it must lend to the Borrower and of any other amount that the Borrower may owe to the Lender for any reason, unless agreed by both Lender ▇▇▇▇▇▇ and Borrower▇▇▇▇▇▇▇▇. 3.3. The Borrower may, on one or more occasions, request a Facility Increase by delivering a Facility Increase request the form of which is set out in Schedule 2 hereto. The Lender has full discretion to accept or to reject any Facility Increase request. If accepted by the Lender, the reference to Facility Amount A and/or Facility Amount B in this Agreement shall be read accordingly.