Increase in Aggregate Clause Samples

Increase in Aggregate. Maximum Credit Amounts, Assignment, New Lender and Reallocation of Commitments and Loans; Borrowing Base Increase. 4.1 Increase in Aggregate Maximum Credit Amounts, Assignment, New Lender and Reallocation of Commitments and Loans. Each of the Lenders party to the Credit Agreement immediately prior to the Second Amendment Effective Date (each an “Existing Lender” and collectively, the “Existing Lenders”), the Borrower and The Huntington National Bank and One West Bank, FSB (each a “New Lender” and collectively, the “New Lenders”), hereby agree that as of the Second Amendment Effective Date: (a) the Existing Lenders hereby irrevocably sell and assign to the New Lenders, and the New Lenders hereby irrevocably purchase and assume from the Existing Lenders, an interest in the Aggregate Maximum Credit Amounts and Commitments (the “Assignment”) and (b) immediately after giving effect to the Assignment, each of the Existing Lenders and the New Lenders, as applicable, hereby agrees to increase the Aggregate Maximum Credit Amounts and Commitments by each increasing its respective Maximum Credit Amount such that after giving effect thereto, the Aggregate Maximum Credit Amounts are as set forth on Annex I attached to this Second Amendment (the “Commitment Increase”), which shall be deemed to have occurred pursuant to Section 2.06(c) (with the parties hereto waiving timing, notice or other requirements therein). The Administrative Agent, the Existing Lenders, the New Lenders and the Borrower hereby consent and agree to the Assignment and the Commitment Increase. On the Second Amendment Effective Date, (x) after giving effect to the Assignment, the New Lender shall become a party to the Credit Agreement, as amended by this Second Amendment, as a “Lender” and have all of the rights and obligations of a Lender under the Credit Agreement, as amended by this Second Amendment, and the other Loan Documents, and (y) after giving effect to the Assignment and the Commitment Increase, the Maximum Credit Amount and the Commitment of each Lender (including both the Existing Lenders and the New Lenders) shall be as set forth on Annex I of this Second Amendment, which Annex I supersedes and replaces Annex I to the Credit Agreement. With respect to the Assignment, each New Lender shall be deemed to have acquired the Maximum Credit Amount and Commitment assigned to it from the applicable Existing Lenders pursuant to the terms of the Assignment and Assumption attached as Exhibit F to th...