Increase Conditions. No Commitment Increase shall become effective unless and until each of the following conditions have been satisfied: (1) The Borrowers shall have paid the Agent the Commitment Increase Fee with respect to such Commitment Increase; (2) A note will be issued at the Borrowers’ expense, to each Lender, to the extent necessary to reflect the new Commitments of such Lenders; and (3) The Borrowers shall have delivered such other instruments, documents and agreements with respect to the Commitment Increase as the Agent may reasonably have requested.
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Increase Conditions. No Commitment Increase shall become effective unless and until each of the following conditions have been satisfied:
(1i) The Borrowers shall have paid the Agent the Commitment Increase Fee with respect to such Commitment Increase;
(2ii) A note will be issued issued, at the Borrowers’ expense, to each Lender, Lender to the extent necessary to reflect the new Commitments of such LendersLender; and
(3iii) The Borrowers shall have delivered such other instruments, documents and agreements with respect to the Commitment Increase as the Agent may reasonably have requested.
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Sources: Loan and Security Agreement (Childrens Place Retail Stores Inc)
Increase Conditions. No Commitment Increase shall become effective unless and until each of the following conditions have been satisfied:
(1) The Borrowers shall have paid the Agent for the ratable benefit of the Lenders the applicable Commitment Increase Fee with respect to such each Commitment Increase;
(2) A note will be issued at the Borrowers’ expense, to each Lender, to the extent necessary to reflect the new Commitments of such Lenders; and
(3) The Borrowers shall have delivered such other instruments, documents and agreements with respect to the each Commitment Increase as the Agent may reasonably have requested.
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Increase Conditions. No The Commitment Increase shall not become effective unless and until each of the following conditions have been satisfied:
(1) The Borrowers shall have paid the Agent the Commitment Increase Fee with respect to such Commitment IncreaseFee;
(2) A note will be issued at the Borrowers’ expense, to each Lender, to the extent necessary to reflect the new Commitments of such Lenders; and
(3) The Borrowers shall have delivered such other instruments, documents and agreements with respect to the Commitment Increase as the Agent may reasonably have requested.
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