Common use of Committed Increase Clause in Contracts

Committed Increase. Provided no Default or Event of Default then exists or would arise therefrom, upon notice to the Agent, the Borrower may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $50,000,000 (the “Committed Increase”); provided that (i) any such Committed Increase shall be in a minimum amount of $25,000,000, (ii) the amount of the Aggregate Commitments, as the same may be increased pursuant to any Committed Increase and/or Uncommitted Increase, shall not exceed $375,000,000 at any time, and (iii) the Borrower may make a maximum of two such requests. Any such Committed Increase shall be effectuated as soon as reasonably practicable after the request of the Borrower therefor. Any such Committed Increase shall be provided solely by ▇▇▇▇▇ Fargo (or any permitted assignee of ▇▇▇▇▇ Fargo that has agreed in writing to provide such Commitment) and shall otherwise be on the same terms as the existing facility under this Agreement; provided that the upfront fees payable in connection with any such Committed Increase shall be in an amount equal to an amount specified under the First Amendment Fee Letter.

Committed Increase. Provided no Default or Event of Default then exists or would arise therefrom, upon notice to the Administrative Agent, the Lead Borrower may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $50,000,000 25,000,000 (the “Committed Increase”); provided that (i) any such Committed Increase shall be in a minimum amount of $25,000,0005,000,000, (ii) the amount of the Aggregate Commitments, as the same may be increased pursuant to any Committed Increase and/or Uncommitted Increase, shall not exceed $375,000,000 200,000,000 at any time, and (iii) the Lead Borrower may make a maximum of two five such requests. Any such Committed Increase shall be effectuated as soon as reasonably practicable after the request of the Lead Borrower therefor. Any such Committed Increase shall be provided solely by ▇▇▇▇▇ Fargo (or any permitted assignee or Participant of ▇▇▇▇▇ Fargo that has agreed in writing to provide such CommitmentFargo) and shall otherwise be on the same terms as the existing facility under this Agreement; provided that the upfront fees payable in connection with any such Committed Increase shall be in an amount equal to an amount specified the upfront fees payable to ▇▇▇▇▇ Fargo under the First Amendment Fee Letter.