Common use of Increase Effective Date and Allocations Clause in Contracts

Increase Effective Date and Allocations. If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and the Sellers shall determine the final allocation of such increase and the effective date thereof (the “Increase Effective Date”). The Administrative Agent shall promptly notify the Sellers and the Purchasers of the final allocation of such increase and the Increase Effective Date and the Purchasers shall receive at least two (2) Business Days’ notice thereof. The Asset Interests of the Purchasers shall be reallocated among all Purchasers (including the New Purchasers) such that the Asset Interests of each Purchaser on the Increase Effective Date shall be consistent with such Purchaser’s new Pro Rata Share on such date. In order to achieve such reallocation, certain Purchasers will be required, and hereby agree, to purchase a portion of the Asset Interests from the other Purchasers in exchange for cash on the Increase Effective Date. The Administrative Agent shall coordinate such reallocation among the Purchasers and its determination shall be final absent manifest error.

Increase Effective Date and Allocations. If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and the Sellers shall determine the final allocation of such increase and the effective date thereof (the “Increase Effective Date”). The Administrative Agent shall promptly notify the Sellers and the Purchasers of the final allocation of such increase and the Increase Effective Date and the Purchasers shall receive at least two (2) Business Days’ notice thereof. The Asset Interests of the Purchasers shall be reallocated among all Purchasers (including the New Purchasers) such that the Asset Interests of each Purchaser on the Increase Effective Date shall be consistent with such Purchaser’s new Pro Rata Share on such date. In order to achieve such reallocation, certain Purchasers will be required, and hereby agree, to purchase a portion of the Asset Interests from the other Purchasers in exchange for cash on the Increase Effective Date. The Administrative Agent shall coordinate such reallocation among the Purchasers and its determination shall be final absent manifest error.. (e)