Facility Increase or Decrease Sample Clauses
Facility Increase or Decrease. The Facility Limit may be increased or decreased, by executing an amendment that documents such increase or decrease.
Facility Increase or Decrease. The Facility Limit may be:
(a) increased up to a maximum amount not to exceed $100,000,000 pursuant to a Facility Increase Request that has become effective in accordance with the terms thereof and subject to satisfaction of the following conditions:
(i) delivery by the Borrower to the Administrative Agent of a Facility Increase Request at least 15 Business Days prior to the requested effective date of such increase;
(ii) consent of the Administrative Agent in its sole discretion;
(iii) consent of each participating Lender, in its sole discretion, to such increase and such L▇▇▇▇▇’s increased Commitment Amount; and
(iv) payment of any applicable fees due in connection with such increase; and
(b) decreased by executing an amendment that documents such decrease, provided that the Facility Limit may not be less than $20,000,000.
