{"component": "clause", "props": {"groups": [{"snippet": "After the Restatement Date, the Company may, by written notice to the Administrative Agent, executed by the Company and one or more financial institutions (any such financial institution referred to in this Section being called a \"Prospective Lender\"), which may include any Lender, cause the Commitments of the Prospective Lenders to be increased (or cause Commitments to be extended by the Prospective Lenders, as the case may be) in an amount for each Prospective Lender set forth in such notice, provided, however, that (a) the aggregate amount of the Lenders' Commitments after giving effect to such increase, together with the aggregate amount of the commitments under the Five-Year Credit Agreement, shall in no event exceed US$400,000,000, (b) each Prospective Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld) and (c) each Prospective Lender, if not already a Lender hereunder, shall become a party to this Agreement by completing and delivering to the Administrative Agent a duly executed Accession Agreement. Increases and new Commitments created pursuant to this Section shall become effective (A) in the case of Prospective Lenders already parties hereunder, on the date specified in the notice delivered pursuant to this Section and (B) in the case of Prospective Revolving Lenders not already parties hereunder, on the effective date of the Accession Agreement. Upon the effectiveness of any Accession Agreement to which any Prospective Lender is a party, (i) such Prospective Lender shall thereafter be deemed to be a party to this Agreement and shall be entitled to all rights, benefits and privileges accorded a Lender hereunder and subject to all obligations of a Lender hereunder and (ii) Schedule 2.01 shall be deemed to have been amended to reflect the Commitment of the additional Lender as provided in such Accession Agreement. Upon the effectiveness of any increase pursuant to this Section in the Commitment of a Lender already a party hereunder, Schedule 2.01 shall be deemed to have been amended to reflect the increased Commitment of such Lender. Notwithstanding the foregoing, no increase in the aggregate Commitments (or in the Commitment of any Lender) shall become effective under this Section unless, on the date of such increase, the conditions set forth in paragraphs (b) and (c) of Section 4.03 shall be satisfied (with all references in such paragraphs to a Borrowing being deemed to be references to such increase) and the Administrative Agent shall have received a certificate to that effect dated such date and executed by a Financial Officer of the Company. Following any increase of a Lender's Commitment or any extension of a new Commitment pursuant to this paragraph, any Standby Loans outstanding prior to the effectiveness of such increase or extension shall continue outstanding until the ends of the respective Interests Periods applicable thereto, and shall then be repaid or refinanced with new Standby Loans made pursuant to Sections 2.01 and 2.05.", "size": 258, "samples": [{"hash": "i2CsHgQ6GdE", "uri": "/contracts/i2CsHgQ6GdE#increase-in-commitments", "label": "364 Day Credit Agreement (Harsco Corp)", "score": 18.0, "published": true}, {"hash": "9eT0yxtT4Pt", "uri": "/contracts/9eT0yxtT4Pt#increase-in-commitments", "label": "364 Day Credit Agreement (Harsco Corp)", "score": 18.0, "published": true}, {"hash": "5bcgaAIpAxm", "uri": "/contracts/5bcgaAIpAxm#increase-in-commitments", "label": "364 Day Credit Agreement (Harsco Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "restatement-date", "type": "definition", "offset": [10, 26]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [56, 90]}, {"key": "by-the-company", "type": "clause", "offset": [101, 115]}, {"key": "financial-institutions", "type": "clause", "offset": [132, 154]}, {"key": "commitments-of-the", "type": "clause", "offset": [293, 311]}, {"key": "prospective-lenders", "type": "definition", "offset": [312, 331]}, {"key": "aggregate-amount", "type": "definition", "offset": [532, 548]}, {"key": "the-lenders", "type": "clause", "offset": [552, 563]}, {"key": "after-giving", "type": "clause", "offset": [577, 589]}, {"key": "year-credit-agreement", "type": "clause", "offset": [684, 705]}, {"key": "in-no-event", "type": "clause", "offset": [713, 724]}, {"key": "lender-hereunder", "type": "clause", "offset": [794, 810]}, {"key": "approval-of", "type": "clause", "offset": [836, 847]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [1008, 1031]}, {"key": "duly-executed", "type": "clause", "offset": [1091, 1104]}, {"key": "accession-agreement", "type": "definition", "offset": [1105, 1124]}, {"key": "new-commitments", "type": "definition", "offset": [1140, 1155]}, {"key": "become-effective", "type": "clause", "offset": [1195, 1211]}, {"key": "in-the-case", "type": "clause", "offset": [1216, 1227]}, {"key": "the-notice", "type": "clause", "offset": [1303, 1313]}, {"key": "lenders-not", "type": "clause", "offset": [1394, 1405]}, {"key": "effective-date-of-the", "type": "clause", "offset": [1440, 1461]}, {"key": "agreement-to", "type": "clause", "offset": [1523, 1535]}, {"key": "all-rights", "type": "clause", "offset": [1689, 1699]}, {"key": "obligations-of", "type": "clause", "offset": [1772, 1786]}, {"key": "the-additional-lender", "type": "clause", "offset": [1895, 1916]}, {"key": "commitment-of-a-lender", "type": "definition", "offset": [2029, 2051]}, {"key": "increased-commitment", "type": "clause", "offset": [2145, 2165]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [2182, 2211]}, {"key": "increase-in-the-aggregate-commitments", "type": "clause", "offset": [2216, 2253]}, {"key": "the-conditions", "type": "clause", "offset": [2371, 2385]}, {"key": "references-in", "type": "clause", "offset": [2467, 2480]}, {"key": "a-borrowing", "type": "definition", "offset": [2500, 2511]}, {"key": "references-to", "type": "clause", "offset": [2531, 2544]}, {"key": "agent-shall", "type": "definition", "offset": [2583, 2594]}, {"key": "officer-of-the-company", "type": "definition", "offset": [2682, 2704]}, {"key": "extension-of", "type": "clause", "offset": [2761, 2773]}, {"key": "loans-outstanding", "type": "clause", "offset": [2831, 2848]}, {"key": "prior-to-the", "type": "clause", "offset": [2849, 2861]}, {"key": "respective-interests", "type": "clause", "offset": [2955, 2975]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [3071, 3091]}], "hash": "032a37000f0b4055524cdbbd997f6dc8", "id": 1}, {"snippet": "(a) Provided there exists no Default (and no Default would result therefrom), upon notice from the Administrative Borrower to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers may from time to time, request a new term loan (an \u201cIncremental Term Loan\u201d) in an aggregate amount for all such Incremental Term Loans not to exceed $150,000,000; provided, however, that the Borrowers shall have delivered to the Administrative Agent a Pro Forma Compliance Certificate demonstrating that, upon giving effect on a Pro Forma Basis to such Incremental Term Loan, the Loan Parties would be in compliance with the financial covenants set forth in Section 6.10; and provided further that any Term Loan (i) shall rank pari passu in right of payment with the existing Term Loans and shall have the same benefits of any additional guaranties or collateral and (ii) shall be treated substantially the same as (and in any event no more favorably than) the existing Term Loans. The applicable Lenders shall approve the maturity, amortization, pricing, funding and other terms of such Incremental Term Loan. The aggregate amount of any Incremental Term Loan hereunder shall be in a minimum amount of $10,000,000 (and in integral multiples of $10,000,000 in excess thereof). To achieve the full amount of a requested Incremental Term Loan, the Borrowers may solicit increased commitments from existing Lenders and/or invite additional Eligible Assignees to become Lenders; provided, however, that no existing Lender shall be obligated and/or required to accept an increase in its Commitment pursuant to this Section 2.12 unless it specifically consents to such increase in writing. Any Lender or Eligible Assignee agreeing to increase its Commitment or provide a new Commitment pursuant to this Section 2.12 (an \u201cIncremental Term Loan Commitment\u201d) shall, in connection therewith, deliver to the Administrative Agent a new commitment agreement in form and substance satisfactory to the Administrative Agent and its counsel.\n(b) If the Commitments are increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine the effective date (the \u201cIncremental Term Loan Effective Date\u201d) and the final allocation of such Incremental Term Loan. The Administrative Agent shall promptly notify the Administrative Borrower and the Lenders of the final allocation of such Incremental Term Loan and the Incremental Term Loan Effective Date and Schedule 2.01 hereto shall be deemed amended to reflect such increase and final allocation. As a condition precedent to such increase, in addition to any deliveries pursuant to subsection (a) above, the Borrowers shall deliver to the Administrative Agent each of the following in form and substance satisfactory to the Administrative Agent: (1) a certificate of each Loan Party dated as of the Incremental Term Loan Effective Date (in sufficient copies for each Lender) signed by a Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) certifying that, before and after giving effect to such Incremental Term Loan, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct as of such earlier date, and except that for purposes of this Section 2.12, the representations and warranties contained in subsections (a) and (b) of Section 5.01 shall be deemed to refer to the most recent financial statements furnished pursuant to subsections (a) and (b), respectively, of Section 6.01, and (B) no Default exists; (2) a statement of reaffirmation from each Loan Party pursuant to which each such Loan Party ratifies this Agreement and the other Loan Documents and acknowledges and reaffirms that, after giving effect to such increase, it is bound by all terms of this Agreement and the other Loan Documents; (3) if the Incremental Term Loan is being provided by an existing Lender, and such Lender is then in possession of a Note, then a revised Note in favor of such Lender reflecting such Lender\u2019s Commitment after giving effect to such increase; (4) if the Incremental Term Loan is being provided by a new Lender, a Note in favor of such Lender if so requested by such Lender; and (5) payment of any applicable fee related to such increase (including, without limitation, any applicable arrangement, upfront and/or administrative fee).\n(c) This Section shall supersede any provisions in Sections 2.10 or 10.01 to the contrary.\n(d) The Borrowers, Guarantors, Administrative Agent and the Lenders shall enter into an amendment of this Agreement and the other Loan Documents as necessary to evidence such Incremental Term Loan or to have it be guaranteed and secured by the other Loan Documents (the \u201cIncremental Term Loan Amendment\u201d), and all Lenders not providing the Incremental Term Loan hereby consent to such limited scope amendment without future consent rights, provided that the pricing and maturity shall be determined by the Borrowers and the Lenders. Additionally, the Borrowers, Guarantors and each Lender shall execute and deliver to Administrative Agent any other documentation as the Administrative Agent shall reasonably specify to evidence, guarantee or secure such Incremental Term Loan. The Incremental Term Loan Amendment, without the consent of any other Lender, may effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, the Lenders and the Borrowers, to implement to terms of the Incremental Term Loan, including amortization, pricing, maturity, and such other technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent, the Lenders and the Borrowers in connection with the establishment of such Incremental Term Loan.", "size": 191, "samples": [{"hash": "lKwjbor8Cm2", "uri": "/contracts/lKwjbor8Cm2#increase-in-commitments", "label": "Term Loan Agreement (Potlatchdeltic Corp)", "score": 36.6522941589, "published": true}, {"hash": "8nbjezPN91y", "uri": "/contracts/8nbjezPN91y#increase-in-commitments", "label": "Term Loan Agreement (Potlatchdeltic Corp)", "score": 35.8336753845, "published": true}, {"hash": "cR8NiKh67Mk", "uri": "/contracts/cR8NiKh67Mk#increase-in-commitments", "label": "Term Loan Agreement (Potlatchdeltic Corp)", "score": 33.9144439697, "published": true}], "snippet_links": [{"key": "no-default", "type": "definition", "offset": [26, 36]}, {"key": "upon-notice", "type": "clause", "offset": [78, 89]}, {"key": "the-administrative-borrower", "type": "clause", "offset": [95, 122]}, {"key": "the-administrative-agent", "type": "definition", "offset": [126, 150]}, {"key": "notify-the", "type": "clause", "offset": [173, 183]}, {"key": "the-borrowers", "type": "definition", "offset": [194, 207]}, {"key": "from-time-to-time", "type": "clause", "offset": [212, 229]}, {"key": "new-term-loan", "type": "definition", "offset": [241, 254]}, {"key": "aggregate-amount", "type": "definition", "offset": [290, 306]}, {"key": "incremental-term-loans", "type": "definition", "offset": [320, 342]}, {"key": "not-to-exceed", "type": "definition", "offset": [343, 356]}, {"key": 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"allocation-of", "type": "clause", "offset": [2240, 2253]}, {"key": "agent-shall", "type": "definition", "offset": [2301, 2312]}, {"key": "condition-precedent", "type": "definition", "offset": [2573, 2592]}, {"key": "in-addition-to", "type": "clause", "offset": [2611, 2625]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [2641, 2663]}, {"key": "certificate-of", "type": "clause", "offset": [2823, 2837]}, {"key": "each-loan-party", "type": "definition", "offset": [2838, 2853]}, {"key": "dated-as-of", "type": "definition", "offset": [2854, 2865]}, {"key": "sufficient-copies", "type": "clause", "offset": [2911, 2928]}, {"key": "each-lender", "type": "clause", "offset": [2933, 2944]}, {"key": "signed-by", "type": "definition", "offset": [2946, 2955]}, {"key": "responsible-officer", "type": "clause", "offset": [2958, 2977]}, {"key": "resolutions-adopted", "type": "clause", "offset": [3030, 3049]}, {"key": "after-giving", "type": "clause", "offset": [3148, 3160]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [3203, 3237]}, {"key": "contained-in", "type": "definition", "offset": [3238, 3250]}, {"key": "article-v", "type": "definition", "offset": [3251, 3260]}, {"key": "true-and-correct", "type": "clause", "offset": [3294, 3310]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [3352, 3380]}, {"key": "section-501", "type": "clause", "offset": [3462, 3474]}, {"key": "refer-to-the", "type": "definition", "offset": [3494, 3506]}, {"key": "most-recent-financial-statements", "type": "definition", "offset": [3507, 3539]}, {"key": "default-exists", "type": "clause", "offset": [3629, 3643]}, {"key": "statement-of", "type": "clause", "offset": [3651, 3663]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [3752, 3790]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [3885, 3908]}, {"key": "possession-of", "type": "clause", "offset": [4040, 4053]}, {"key": "a-note", "type": "definition", "offset": [4054, 4060]}, {"key": "in-favor-of", "type": "definition", "offset": [4082, 4093]}, {"key": "new-lender", "type": "clause", "offset": [4236, 4246]}, {"key": "requested-by", "type": "clause", "offset": [4285, 4297]}, {"key": "payment-of", "type": "clause", "offset": [4319, 4329]}, {"key": "applicable-fee", "type": "clause", "offset": [4334, 4348]}, {"key": "related-to", "type": "definition", "offset": [4349, 4359]}, {"key": "without-limitation", "type": "clause", "offset": [4386, 4404]}, {"key": "administrative-fee", "type": "clause", "offset": [4449, 4467]}, {"key": "administrative-agent-and-the-lenders", "type": "clause", "offset": [4592, 4628]}, {"key": "amendment-of-this-agreement", "type": "clause", "offset": [4649, 4676]}, {"key": "be-guaranteed", "type": "clause", "offset": [4772, 4785]}, {"key": "incremental-term-loan-amendment", "type": "definition", "offset": [4832, 4863]}, {"key": "lenders-not", "type": "clause", "offset": [4875, 4886]}, 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5902]}], "hash": "f8e0ccf93a6062eee4f8681335e2d15b", "id": 2}, {"snippet": "(i) WPZ shall have the option, without the consent of the Lenders, from time to time to cause one or more increases in the Aggregate Commitments by adding, subject to the prior approval of the Administrative Agent and the Issuing Banks (such approval not to be unreasonably withheld), to this Agreement one or more financial institutions as Lenders (collectively, the \u201cNew Lenders\u201d) or by allowing one or more Lenders to increase their respective Commitments; provided however that: (A) prior to and after giving effect to the increase, no Default or Event of Default shall have occurred hereunder and be continuing, (B) no such increase shall cause the Aggregate Commitments to exceed $2,400,000,000, (C) no Lender\u2019s Commitment shall be increased without such Lender\u2019s consent, (D) such increase shall not result in the increase of any Borrower Sublimit and (E) such increase shall be evidenced by a commitment increase agreement in form and substance reasonably acceptable to the Administrative Agent and executed by WPZ, the Administrative Agent, the New Lenders, if any, and Lenders increasing their Commitments, if any, and which shall indicate the amount and allocation of such increase in the Aggregate Commitments and the effective date of such increase (the \u201cIncrease Effective Date\u201d). Each financial institution that becomes a New Lender pursuant to this Section by the execution and delivery to the Administrative Agent of the applicable commitment increase agreement shall be a \u201cLender\u201d for all purposes under this Agreement on the applicable Increase Effective Date. The Borrowers shall borrow and prepay Loans on each Increase Effective Date (and pay any additional amounts required pursuant to Section 2.16) to the extent necessary to keep the outstanding Loans of each Lender ratable with such Lender\u2019s revised Applicable Percentage after giving effect to any nonratable increase in the Aggregate Commitments under this Section.\n(ii) As a condition precedent to each increase pursuant to subsection (c)(i) above, WPZ shall deliver to the Administrative Agent, to the extent requested by the Administrative Agent, the following in form and substance reasonably satisfactory to the Administrative Agent:\n(A) a certificate dated as of the Increase Effective Date, signed by a Responsible Officer of the General Partner certifying that each of the conditions to such increase set forth in this Section 2.01(c) shall have occurred and been complied with and that, before and after giving effect to such increase, (1) the representations and warranties (other than Added L/C Representations) contained in this Agreement and the other Loan Documents are true and correct in all material respects on and as of the Increase Effective Date after giving effect to such increase, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they were true and correct in all material respects as of such earlier date, and (2) no Default or Event of Default exists and is continuing;\n(B) such certificates of resolutions or other action, incumbency certificates and/or other certificates of a Responsible Officer of the General Partner as the Administrative Agent may reasonably require evidencing the identity, authority and capacity of such Responsible Officer thereof authorized to act as a Responsible Officer in connection with such increase agreement, and such documents and certifications as the Administrative Agent may reasonably require to evidence that WPZ is validly existing and in good standing in its jurisdiction of organization; and\n(C) a favorable customary opinion of counsel to WPZ, relating to such increase agreement, addressed to the Administrative Agent and each Lender if requested by the Administrative Agent or such Lenders.\n(iii) Any Borrower shall have the option, by agreement with any Lender to (A) after consultation with the Administrative Agent, cause such Lender to become or cease to be an Issuing Bank under this Agreement and (B) increase or decrease the Letter of Credit Commitment of any Lender as an Issuing Bank.", "size": 168, "samples": [{"hash": "k1iuNs2RFHV", "uri": "/contracts/k1iuNs2RFHV#increase-in-commitments", "label": "Credit Agreement (Transcontinental Gas Pipe Line Company, LLC)", "score": 22.5879535675, "published": true}, {"hash": "cT81OOcaiwD", "uri": "/contracts/cT81OOcaiwD#increase-in-commitments", "label": "Credit Agreement (Northwest Pipeline Gp)", "score": 22.5879535675, "published": true}, {"hash": "8R5xArvB5ka", "uri": 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"definition", "offset": [1544, 1563]}, {"key": "the-borrowers", "type": "definition", "offset": [1580, 1593]}, {"key": "additional-amounts", "type": "clause", "offset": [1669, 1687]}, {"key": "pursuant-to-section", "type": "clause", "offset": [1697, 1716]}, {"key": "outstanding-loans", "type": "definition", "offset": [1759, 1776]}, {"key": "each-lender", "type": "clause", "offset": [1780, 1791]}, {"key": "applicable-percentage", "type": "clause", "offset": [1827, 1848]}, {"key": "condition-precedent", "type": "definition", "offset": [1955, 1974]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [1992, 2014]}, {"key": "deliver-to", "type": "definition", "offset": [2039, 2049]}, {"key": "requested-by", "type": "clause", "offset": [2090, 2102]}, {"key": "dated-as-of", "type": "definition", "offset": [2236, 2247]}, {"key": "signed-by", "type": "definition", "offset": [2277, 2286]}, {"key": "responsible-officer", "type": "clause", "offset": [2289, 2308]}, {"key": "the-general-partner", "type": "definition", "offset": [2312, 2331]}, {"key": "conditions-to", "type": "clause", "offset": [2360, 2373]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [2528, 2562]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [2620, 2658]}, {"key": "true-and-correct", "type": "clause", "offset": [2663, 2679]}, {"key": "in-all-material-respects", "type": "definition", "offset": [2680, 2704]}, {"key": "except-to-the-extent", "type": "clause", "offset": [2784, 2804]}, {"key": "refer-to", "type": "clause", "offset": [2859, 2867]}, {"key": "no-default-or-event-of-default-exists", "type": "clause", "offset": [2984, 3021]}, {"key": "other-action", "type": "definition", "offset": [3081, 3093]}, {"key": "incumbency-certificates", "type": "clause", "offset": [3095, 3118]}, {"key": "other-certificates", "type": "definition", "offset": [3126, 3144]}, {"key": "authority-and-capacity", "type": "clause", "offset": [3269, 3291]}, {"key": "authorized-to-act", "type": "clause", "offset": [3328, 3345]}, {"key": "in-connection-with", "type": "clause", "offset": [3371, 3389]}, {"key": "documents-and-certifications", "type": "clause", "offset": [3424, 3452]}, {"key": "validly-existing", "type": "clause", "offset": [3528, 3544]}, {"key": "in-good-standing", "type": "definition", "offset": [3549, 3565]}, {"key": "jurisdiction-of-organization", "type": "definition", "offset": [3573, 3601]}, {"key": "opinion-of-counsel-to", "type": "clause", "offset": [3633, 3654]}, {"key": "relating-to", "type": "definition", "offset": [3660, 3671]}, {"key": "addressed-to", "type": "clause", "offset": [3697, 3709]}, {"key": "borrower-shall", "type": "clause", "offset": [3819, 3833]}, {"key": "by-agreement", "type": "definition", "offset": [3851, 3863]}, {"key": "after-consultation-with", "type": "clause", "offset": [3887, 3910]}, {"key": "increase-or-decrease", "type": "clause", "offset": [4025, 4045]}, {"key": "the-letter-of-credit-commitment", "type": "clause", "offset": [4046, 4077]}], "hash": "7ff78cef3a7fc9e5d88492976e9f5936", "id": 3}, {"snippet": "(a) The Borrower may, by written notice to the Administrative Agent in substantially the form of Exhibit J, request that the total Commitments be increased by an aggregate amount not to exceed $1,500,000,000; provided that the Borrower may not make more than 3 such requests. Such notice shall set forth the amount of the requested increase (which shall be in a minimum amount of $500,000,000 and in minimum increments of $10,000,000 above that amount) and the date on which such increase is requested to become effective (which shall be not less than 10 days nor more than 60 days after the date of such notice and which, in any event, must be on or prior to the Commitment Termination Date). Upon the receipt of such request by the Administrative Agent, the Administrative Agent shall give notice promptly to each Bank substantially in the form of Exhibit K, which notice will offer each such Bank the opportunity to increase its Commitment by its applicable Pro Rata Share of the proposed increased amount. Each such Bank shall, by notice to the Borrower and the Administrative Agent substantially in the form of Exhibit L, given not more than 10 days after the date of the Administrative Agent\u2019s notice, either agree to increase its Commitment by all or a portion of the offered amount (each Bank so agreeing being an \u201cIncreasing Bank\u201d) or decline to increase its Commitment (and any Bank that does not deliver such a notice within such period of 10 days shall be deemed to have declined to increase its Commitment) (each Bank so declining or being deemed to have declined being a \u201cNon-Increasing Bank\u201d). In the event that, on the 10th day after the Administrative Agent shall have delivered a notice pursuant to the second sentence of this paragraph, the Increasing Banks shall have agreed pursuant to the preceding sentence to increase their Commitments by an aggregate amount less than the increase requested by the Borrower, the Borrower may arrange for one or more banks or other entities (any such bank or other entity being called an \u201cAugmenting Bank\u201d), which may include any Bank, to extend Bank Commitments or increase their existing Commitments in an aggregate amount equal to the unsubscribed amount; provided, however, that each Augmenting Bank that is not an existing Bank shall be subject to the prior written approval of the Administrative Agent (which approvals shall not be unreasonably withheld or delayed), and the Borrower and each Augmenting Bank that is not an existing Bank shall execute a joinder substantially in the form of Exhibit M or such other documentation as the Administrative Agent shall reasonably specify to evidence such Augmenting Bank\u2019s Commitment and/or its status as a Bank hereunder. Any such increase may be made in an amount that is less than the increase requested by the Borrower if the Borrower is unable to arrange for, or chooses not to arrange for, Augmenting Banks. The Borrower and the Administrative Agent shall execute an amendment to Schedule 1 evidencing the revised Commitments.\n(b) Each of the parties hereto hereby agrees that the Administrative Agent may take any and all actions as may be reasonably necessary to ensure that, after giving effect to any increase pursuant to this Section 2.8, the outstanding Loans (if any) are held by the Banks in accordance with their new applicable Pro Rata Shares. This may be accomplished at the reasonable discretion of the Administrative Agent, following consultation with the Borrower, (i) by requiring the outstanding Loans to be prepaid with the proceeds of a new Loan, (ii) by causing Non-Increasing Banks to assign portions of their outstanding Loans to Increasing Banks and/or Augmenting Banks, for a consideration that is not less than all principal and interest and fees accrued as to such Loans up to the effective date of such assignment or (iii) by any combination of the foregoing. Any prepayment or assignment described in this clause (b) shall be subject to Section 6.5, but shall otherwise be without premium or penalty. Notwithstanding the foregoing, no increase in the Commitments shall become effective under this Section 2.8 unless (i) on the date of such increase, (A) no Default shall have occurred and be continuing or will result from the increase in Commitments as set forth herein and (B) the representations and warranties made by the Borrower in Section 8 shall be true and correct on and as of the date of the increase in Commitments with the same force and effect as if made on and as of such date (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all respects as of such earlier date), (ii) the Borrower Debt Ratings assigned by S&P and \u2587\u2587\u2587\u2587\u2587\u2019\u2587 to the Index Debt shall be equal to or better than their respective ratings of such Borrower\u2019s Index Debt in effect as of the Effective Date (after giving effect to the incurrence of the Commitment increase or Loans, as the case may be), (iii) the Administrative Agent shall have received a compliance certificate certifying and showing (in reasonable detail and with appropriate calculations and computations in all respects reasonably satisfactory to the Administrative Agent) that (A) each of the conditions set forth in the preceding clauses (i) and (ii) have been satisfied and (B) on a historical pro forma basis (after giving effect to the incurrence of the Commitment increase or Loans, as the case may be) as of the last day of the most recently completed Fiscal Quarter with respect to which, pursuant to Section 9.1, financial statements have been, or are required to have been, delivered by the Borrower, the Borrower would be in compliance with Section 9.10 as of the last day of such fiscal quarter and (iv) the Administrative Agent shall have received all fees to be mutually agreed between the Borrower and the Administrative Agent.", "size": 130, "samples": [{"hash": "7kEG7oFZ68h", "uri": 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"clause", "offset": [3977, 3988]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [4041, 4070]}, {"key": "increase-in-the-commitments", "type": "clause", "offset": [4075, 4102]}, {"key": "default-shall", "type": "definition", "offset": [4197, 4210]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [4319, 4353]}, {"key": "section-8", "type": "definition", "offset": [4378, 4387]}, {"key": "true-and-correct", "type": "clause", "offset": [4397, 4413]}, {"key": "force-and-effect", "type": "clause", "offset": [4481, 4497]}, {"key": "in-all-respects", "type": "clause", "offset": [4660, 4675]}, {"key": "debt-ratings", "type": "definition", "offset": [4720, 4732]}, {"key": "index-debt", "type": "definition", "offset": [4768, 4778]}, {"key": "in-effect", "type": "definition", "offset": [4867, 4876]}, {"key": "as-of-the-effective-date", "type": "clause", "offset": [4877, 4901]}, {"key": "commitment-increase", "type": "definition", "offset": [4948, 4967]}, {"key": "the-case", "type": "definition", "offset": [4981, 4989]}, {"key": "a-compliance-certificate", "type": "clause", "offset": [5050, 5074]}, {"key": "calculations-and-computations", "type": "clause", "offset": [5141, 5170]}, {"key": "the-conditions", "type": "clause", "offset": [5257, 5271]}, {"key": "pro-forma-basis", "type": "clause", "offset": [5364, 5379]}, {"key": "day-of", "type": "clause", "offset": [5491, 5497]}, {"key": "fiscal-quarter", "type": "clause", "offset": [5526, 5540]}, {"key": "with-respect-to", "type": "clause", "offset": [5541, 5556]}, {"key": "pursuant-to-section", "type": "clause", "offset": [5564, 5583]}, {"key": "financial-statements", "type": "clause", "offset": [5589, 5609]}, {"key": "section-910", "type": "clause", "offset": [5719, 5731]}, {"key": "all-fees", "type": "clause", "offset": [5828, 5836]}, {"key": "mutually-agreed", "type": "definition", "offset": [5843, 5858]}], "hash": "ba0b85629fc6ee079c5ea0ff4a1865d2", "id": 4}, {"snippet": "(a) Subject to the terms and conditions set forth herein, the Administrative Borrower shall have the right to request, by written notice to the Administrative Agent, increases in the Legacy Commitments and/or the ETMC Commitments (a \u201cRevolving Commitment Increase\u201d) in an aggregate amount not to exceed $100,000,000; provided that (i) any Revolving Commitment Increase shall be on the terms (including the Maturity Date) and pursuant to the documentation applicable to the Revolving Credit Facilities, (ii) the Administrative Borrower shall only be permitted to request three Revolving Commitment Increases during the term of this Agreement and (v) any Revolving Commitment Increase shall be in a minimum amount of $5,000,000.\n(b) Each notice submitted pursuant to this Section 2.14 (a \u201cRevolving Commitment Increase Notice\u201d) requesting a Revolving Commitment Increase shall specify (x) the amount of the increase in the Commitments being requested and (y) whether such increase is requested for the ETMC Commitments or the Legacy Commitments. Upon receipt of a Revolving Commitment Increase Notice, the Administrative Agent may (at the direction of the Administrative Borrower) promptly notify the Lenders under the applicable Revolving Credit Facility and each such Lender may (subject to the Administrative Borrower\u2019s consent) have the right to elect to have its Commitment increased by its Applicable Pro Rata Share (it being understood and agreed that a Lender may elect to have its Commitment increased in excess of its Applicable Pro Rata Share in its discretion if any other Lender declines to participate in the Revolving Commitment Increase) of the requested increase in Commitments; provided that (i) each applicable Lender may elect or decline, in its sole discretion, to have its Commitment increased in connection with any requested Revolving Commitment Increase, it being understood that no Lender shall be obligated to increase its Commitment unless it, in its sole discretion, so agrees and, if a Lender fails to respond to any Revolving Commitment Increase Notice within ten (10) Business Days after such \u2587\u2587\u2587\u2587\u2587\u2587\u2019s receipt of such request, such Lender shall be deemed to have declined to participate in such Revolving Commitment Increase; (ii) if any Lender declines to participate in any Revolving Commitment Increase and, as a result, commitments from additional financial institutions are required in connection with the Revolving Commitment Increase, or if the Administrative Borrower does not instruct the Administrative Agent to initially request increases of the existing Lenders and commitments of additional lenders are sought in connection with the Revolving Commitment Increase, any Person or Persons providing such commitment shall be subject to the written consent of the Administrative Agent and the Swing Line Lenders and with respect to Revolving Commitment Increases for the Legacy Commitments, the L/C Issuers (each such consent not to be unreasonably withheld or delayed), in each case, if such consent would be required pursuant to Section 11.07; (iii) in no event shall a Defaulting Lender be entitled to participate in such Revolving Commitment Increase and (iv) no L/C Issuer or Swing Line Lender shall be required to act in such capacity under the Revolving Commitment Increase without its prior written consent. In the event that any Lender or other Person agrees to participate in any Revolving Commitment Increase (each an \u201cIncrease Loan Lender\u201d), such Revolving Commitment Increase shall become effective on such date as shall be mutually agreed upon by the Increase Loan Lenders and the Administrative Borrower, which date shall be as soon as practicable after the date of receipt of the Revolving Commitment Increase Notice (such date, the \u201cIncrease Date\u201d); provided that the establishment of such Revolving Commitment Increase shall be subject to the satisfaction of each of the following conditions: (1) (x) no Default or Event of Default would exist after giving effect thereto or (y) if the Revolving Commitment Increase is used to finance a Permitted Acquisition or Permitted Investment, no Event of Default pursuant to Section 9.01(a) or 9.01(f) exists; (2) the Revolving Commitment Increase shall be effected pursuant to one or more joinder agreements executed and delivered by the Administrative Borrower, the Administrative Agent, and the Increase Loan Lenders, each of which shall be reasonably satisfactory to the Administrative Borrower, the Administrative Agent, and the Increase Loan Lenders; (3) Loan Parties shall execute and deliver or cause to be executed and delivered to the Administrative Agent such amendments to the Loan Documents, legal opinions and other documents as the Administrative Agent may reasonably request in connection with any such transaction, which amendments, legal opinions and other documents shall be reasonably satisfactory to the Administrative Agent; (4) the representations and warranties contained in Article VI shall be true and correct in all material respects (or in all respects to the extent that any representation or warranty is qualified by materiality) as of the Increase Date; provided that, if the Revolving Commitment Increase is used to finance a Permitted Acquisition or a Permitted Investment, the representations and warranties shall be subject to customary \u201cSungard\u201d limitations; and (5) the Borrowers shall have paid to the Administrative Agent and the Lenders such additional fees as may be agreed to be paid by the Borrowers in connection therewith.\n(c) On the Increase Date, upon fulfillment of the conditions set forth in this Section 2.14, (i) the Administrative Agent shall effect a settlement of all outstanding Loans under the applicable Revolving Credit Facility among the applicable Lenders that will reflect the adjustments to the Commitments under the applicable Revolving Credit Facility of the applicable Lenders as a result of the Revolving Commitment Increase, (ii) the Administrative Agent shall notify the Lenders and Loan Parties of the occurrence of the Revolving Commitment Increase to be effected on the Increase Date, (iii) Schedule 2.01 shall be deemed modified to reflect the revised Commitments of the affected Lenders and (iv) Revolving Credit Notes will be issued, at the expense of the Borrowers, to any Lender participating in the Revolving Commitment Increase and requesting a Revolving Credit Note.\n(d) The terms and provisions of the Revolving Commitment Increase shall be identical to the Loans and the Commitments under the applicable Revolving Credit Facility. Without limiting the generality of the foregoing, (i) Commitment Fees applicable to the Revolving Commitment Increase shall be calculated using the same Commitment Fee Rates applicable to the existing Loans under the applicable Revolving Credit Facility, (ii) the Revolving Commitment Increase shall share ratably in any mandatory prepayments of the Loans under the applicable Revolving Credit Facility, (iii) after giving effect to such Revolving Commitment Increases, Commitments under the applicable Revolving Credit Facility shall be reduced based on each such Lender\u2019s Applicable Pro Rata Share, and (iv) the Revolving Commitment Increase shall rank pari passu in right of payment and security with the existing Loans under the applicable Revolving Credit Facility. Each joinder agreement and any amendment to any Loan Document requested by the Administrative Agent in connection with the establishment of the Revolving Commitment Increase may, without the consent of any of the Lenders, effect such amendments to this Agreement and the other Loan Documents as may be reasonably necessary or appropriate, in the opinion of the Administrative Agent and the Administrative Borrower, to effect the provisions of this Section 2.14.", "size": 126, "samples": [{"hash": "hf8EULrasdb", "uri": "/contracts/hf8EULrasdb#increase-in-commitments", "label": "Amendment and Restatement Agreement (Ardent Health Partners, LLC)", "score": 35.5160865784, "published": true}, {"hash": "3Cz4UXkxu9r", "uri": "/contracts/3Cz4UXkxu9r#increase-in-commitments", "label": "Abl Credit Agreement (Ardent Health Partners, LLC)", "score": 35.5160865784, "published": true}], "snippet_links": [{"key": "the-terms-and-conditions", "type": "clause", "offset": [15, 39]}, {"key": "borrower-shall", 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{"key": "participating-in", "type": "definition", "offset": [6353, 6369]}, {"key": "provisions-of-the", "type": "clause", "offset": [6462, 6479]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [6610, 6658]}, {"key": "commitment-fees", "type": "definition", "offset": [6664, 6679]}, {"key": "rates-applicable", "type": "clause", "offset": [6778, 6794]}, {"key": "existing-loans", "type": "definition", "offset": [6802, 6816]}, {"key": "mandatory-prepayments-of-the-loans", "type": "clause", "offset": [6931, 6965]}, {"key": "facility-shall", "type": "clause", "offset": [7130, 7144]}, {"key": "based-on", "type": "definition", "offset": [7156, 7164]}, {"key": "pari-passu", "type": "clause", "offset": [7265, 7275]}, {"key": "payment-and-security", "type": "clause", "offset": [7288, 7308]}, {"key": "amendment-to", "type": "definition", "offset": [7412, 7424]}, {"key": "any-loan", "type": "clause", "offset": [7425, 7433]}, {"key": "requested-by", "type": "clause", "offset": [7443, 7455]}, {"key": "establishment-of-the", "type": "clause", "offset": [7504, 7524]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [7634, 7672]}, {"key": "reasonably-necessary", "type": "clause", "offset": [7683, 7703]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [7810, 7836]}], "hash": "230a9cde770d0e7c58204c73e3276a75", "id": 5}, {"snippet": "(a) Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time, request an increase in the Aggregate Commitments by an aggregate amount (for all such requests) not exceeding $700,000,000. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders). Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Commitment and, if so, whether by an amount equal to, greater than, or less than its Pro Rata Share of such requested increase. Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment. The Administrative Agent shall notify the Company and each Lender of the Lenders\u2019 responses to each request made hereunder. To achieve the full amount of a requested increase, the Company may also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel. Notwithstanding the foregoing provisions of this Section 2.15(a), during the first 90 days following the date hereof, the Company may invite Eligible Assignees to become Lenders under this Agreement in connection with a requested increase without first providing any Lender with the opportunity to increase its Commitment as provided above.\n(b) If the Aggregate Commitments are increased in accordance with this Section 2.15, the Administrative Agent and the Company shall determine the effective date (the \u201cIncrease Effective Date\u201d) and the final allocation of such increase. The Administrative Agent shall promptly notify the Company and the Lenders of the final allocation of such increase and the Increase Effective Date. As a condition precedent to such increase, the Company shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Increase Effective Date signed by a Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) in the case of the Company, certifying that, before and after giving effect to such increase, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct on and as of the Increase Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that, for purposes of this Section 2.15, (1) the representation and warranty contained in Section 5.08(a) shall be deemed to refer to the most recent statements furnished pursuant to Sections 6.01(a) and (b), respectively, and (2) the reference to the date hereof in Section 5.05(b) and Section 5.08(b) shall be deemed to refer to the Increase Effective Date and (B) no Default exists. The Company shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Pro Rata Shares arising from any nonratable increase in the Commitments under this Section 2.15.\n(c) In the event of an increase in Commitments pursuant to this Section 2.15, the provisions of this Section 2.15 shall govern any conflicts with provisions in Sections 2.13 or 11.01.", "size": 125, "samples": [{"hash": "30ju8nPm3gw", "uri": "/contracts/30ju8nPm3gw#increase-in-commitments", "label": "Credit Agreement (McKesson Corp)", "score": 25.0958251953, "published": true}, {"hash": "hAwTZIauuVk", "uri": "/contracts/hAwTZIauuVk#increase-in-commitments", "label": "Credit Agreement (McKesson Corp)", "score": 24.8877487183, "published": true}, {"hash": "9Bcd5LlIK5J", "uri": "/contracts/9Bcd5LlIK5J#increase-in-commitments", "label": "Credit Agreement 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applicable to any Tranche A Borrower, upon notice by TMCC to the Administrative Agent (which shall promptly notify the appropriate Lenders), TMCC may from time to time, request an increase in the Aggregate Commitments applicable to all Tranche A Borrowers to an amount (for all such requests) not exceeding US$5,660,000,000. At the time of sending such notice, TMCC (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than 10 Business Days from the date of delivery of such notice to the appropriate Lenders). Each appropriate Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Commitment and, if so, whether by an amount equal to, greater than, or less than its Pro Rata Share of such requested increase. Any appropriate Lender not responding within such time period shall be deemed to have declined to increase its Commitment. The Administrative Agent shall notify all of the Tranche A Borrowers and each appropriate Lender of the Lenders\u2019 responses to each request made hereunder. To achieve the full amount of a requested increase, TMCC may also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel; provided that the minimum commitment of each such Eligible Assignee is not less than US$10,000,000. The consent of the Lenders is not required to increase the amount of the Aggregate Tranche A Commitments pursuant to this Section, except that each appropriate Lender shall have the right to consent to an increase in the amount of its Commitment as set forth in this Section 2.14(a). If the Lenders and Eligible Assignees do not agree to increase the applicable Aggregate Tranche A Commitments by the amount requested by TMCC pursuant to this Section 2.14(a), TMCC may (i) withdraw its request for an increase in its entirety or (ii) accept, in whole or in part, the increases that have been offered.\n(b) If the applicable Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and TMCC shall determine the effective date (the \u201cIncrease Effective Date\u201d) and the final allocation of such increase. The Administrative Agent shall promptly notify TMCC and the appropriate Lenders of the final allocation of such increase and the Increase Effective Date. As a condition precedent to such increase, each Tranche A Borrower shall deliver to the Administrative Agent a certificate of such Tranche A Borrower dated as of the Increase Effective Date (in sufficient copies for each appropriate Lender) signed by a Responsible Officer of such Tranche A Borrower certifying that no Default applicable to such Tranche A Borrower exists. The Tranche A Borrowers shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.5) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Pro Rata Shares arising from any nonratable increase in the Commitments under this Section.\n(c) This Section shall supersede any provisions in Sections 2.12 or 9.1 to the contrary.", "size": 69, "samples": [{"hash": "kS1Pz3UcGsM", "uri": "/contracts/kS1Pz3UcGsM#increase-in-commitments", "label": "Credit Agreement (Toyota Motor Credit Corp)", "score": 29.8651599884, "published": true}, {"hash": "8pckSK9aAzE", "uri": "/contracts/8pckSK9aAzE#increase-in-commitments", "label": "Credit Agreement (Toyota Motor Credit Corp)", "score": 29.8651599884, "published": true}, {"hash": "7cQA7SxDQhM", "uri": "/contracts/7cQA7SxDQhM#increase-in-commitments", "label": "364 Day Credit Agreement (Toyota Motor Credit Corp)", "score": 29.8651599884, 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"definition", "offset": [2554, 2566]}, {"key": "borrower-shall", "type": "clause", "offset": [2569, 2583]}, {"key": "deliver-to", "type": "definition", "offset": [2584, 2594]}, {"key": "certificate-of", "type": "clause", "offset": [2622, 2636]}, {"key": "dated-as-of", "type": "definition", "offset": [2661, 2672]}, {"key": "sufficient-copies", "type": "clause", "offset": [2705, 2722]}, {"key": "signed-by", "type": "definition", "offset": [2752, 2761]}, {"key": "responsible-officer", "type": "clause", "offset": [2764, 2783]}, {"key": "loans-outstanding", "type": "clause", "offset": [2935, 2952]}, {"key": "additional-amounts", "type": "clause", "offset": [2997, 3015]}, {"key": "section-35", "type": "clause", "offset": [3037, 3048]}, {"key": "to-the-extent", "type": "clause", "offset": [3050, 3063]}, {"key": "revised-pro-rata-shares", "type": "clause", "offset": [3131, 3154]}, {"key": "increase-in-the-commitments", "type": "clause", "offset": [3183, 3210]}], "hash": "58a72d589ee8fdccc7152250678c8b9d", "id": 7}, {"snippet": "The Borrower shall have the right upon at least fifteen (15) Business Days' prior written notice to the Administrative Agent to increase the Aggregate Revolving Committed Amount by up to $25,000,000, in a single increase, at any time on or after the Closing Date, subject, however, in any such case, to satisfaction of the following conditions precedent:\n(i) no Default or Event of Default shall have occurred and be continuing on the date on which such Aggregate Revolving Committed Amount increase is to become effective;\n(ii) the representations and warranties set forth in Section 5 of this Credit Agreement shall be true and correct in all material respects on and as of the date on which such Aggregate Revolving Committed Amount increase is to become effective (except to the extent they expressly relate to an earlier date);\n(iii) on or before the date on which such Aggregate Revolving Committed Amount increase is to become effective, the Administrative Agent shall have received, for its own account, the mutually acceptable fees and expenses required by separate agreement of the Borrower and the Administrative Agent to be paid in connection with such increase;\n(iv) such Aggregate Revolving Committed Amount increase shall be an integral multiple of $5,000,000 and shall in no event be less than $5,000,000; and\n(v) such requested Aggregate Revolving Commitment increase shall be effective on such date only to the extent that, on or before such date, (A) the Administrative Agent shall have received and accepted a corresponding amount of Additional Commitment(s) pursuant to a commitment letter(s) acceptable to the Administrative Agent from one or more Lenders acceptable to the Administrative Agent and, with respect to any Lender that is not at such time a Lender hereunder, to the Borrower and (B) each such Lender has executed an agreement in the form of Schedule 3.4(c) hereto (each such agreement a \"New Commitment Agreement\"), accepted in writing therein by the Administrative Agent and, with respect to any Lender that is not at such time a Lender hereunder, by the Borrower, with respect to the Additional Commitment of such Lender.", "size": 68, "samples": [{"hash": "eoKH6A9ppr3", "uri": "/contracts/eoKH6A9ppr3#increase-in-commitments", "label": "364 Day Credit Agreement (Dial Corp /New/)", "score": 18.0, "published": true}, {"hash": "3XCrucd2aaf", "uri": "/contracts/3XCrucd2aaf#increase-in-commitments", "label": "364 Day Credit Agreement (Dial Corp /New/)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "the-right", "type": "clause", "offset": [24, 33]}, {"key": "business-days", "type": "definition", "offset": [61, 74]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [90, 124]}, {"key": "aggregate-revolving-committed-amount", "type": "clause", "offset": [141, 177]}, {"key": "at-any-time", "type": "clause", "offset": [222, 233]}, {"key": "after-the-closing-date", "type": "clause", "offset": [240, 262]}, {"key": "satisfaction-of", "type": "clause", "offset": [303, 318]}, {"key": "conditions-precedent", "type": "clause", "offset": [333, 353]}, {"key": "default-shall", "type": "definition", "offset": [382, 395]}, {"key": "become-effective", "type": "clause", "offset": [506, 522]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [529, 563]}, {"key": "section-5", "type": "definition", "offset": [577, 586]}, {"key": "this-credit-agreement", "type": "clause", "offset": [590, 611]}, {"key": "true-and-correct", "type": "clause", "offset": [621, 637]}, {"key": "in-all-material-respects", "type": "definition", "offset": [638, 662]}, {"key": "except-to-the-extent", "type": "clause", "offset": [769, 789]}, {"key": "relate-to", "type": "definition", "offset": [805, 814]}, {"key": "agent-shall", "type": "definition", "offset": [964, 975]}, {"key": "for-its-own-account", "type": "clause", "offset": [991, 1010]}, {"key": "fees-and-expenses", "type": "definition", "offset": [1036, 1053]}, {"key": "required-by", "type": "definition", "offset": [1054, 1065]}, {"key": "the-borrower-and-the", "type": "clause", "offset": [1088, 1108]}, {"key": "in-connection-with", "type": "clause", "offset": [1141, 1159]}, {"key": "integral-multiple", "type": "definition", "offset": [1243, 1260]}, {"key": "in-no-event", "type": "clause", "offset": [1285, 1296]}, {"key": "revolving-commitment-increase", "type": "clause", "offset": [1355, 1384]}, {"key": "received-and-accepted", "type": "definition", "offset": [1506, 1527]}, {"key": "corresponding-amount", "type": "definition", "offset": [1530, 1550]}, {"key": "additional-commitment", "type": "definition", "offset": [1554, 1575]}, {"key": "a-commitment", "type": "definition", "offset": [1591, 1603]}, {"key": "agent-from", "type": "definition", "offset": [1647, 1657]}, {"key": "with-respect-to", "type": "clause", "offset": [1722, 1737]}, {"key": "lender-hereunder", "type": "clause", "offset": [1776, 1792]}, {"key": "to-the-borrower", "type": "definition", "offset": [1794, 1809]}, {"key": "an-agreement", "type": "clause", "offset": [1848, 1860]}, {"key": "form-of", "type": "definition", "offset": [1868, 1875]}, {"key": "new-commitment-agreement", "type": "definition", "offset": [1923, 1947]}, {"key": "in-writing", "type": "definition", "offset": [1960, 1970]}, {"key": "by-the-borrower", "type": "clause", "offset": [2084, 2099]}], "hash": "36172cb706ec411cb7440ee55ea21e19", "id": 8}, {"snippet": "Borrowers may request an increase in Commitments from time to time upon not less than 10 Business Days\u2019 notice to Agent, as long as (a) the requested increase is in a minimum amount of $5,000,000 and is offered on the same terms as existing Commitments, except for a closing fee specified by Borrowers, (b) total increases under this Section do not exceed $75,000,000 and no more than five increases are made, and (c) the requested increase does not cause the Commitments to exceed 90% of any applicable cap under any intercreditor or subordination agreement (including the Intercreditor Agreement). Agent shall promptly notify Lenders of the requested increase and, within five Business Days thereafter, each Lender shall notify Agent if and to what extent such Lender commits to increase its Commitment. No Lender is obligated to provide any increase, and any Lender not responding within such period shall be deemed to have declined an increase. If \u2587\u2587\u2587\u2587\u2587\u2587\u2587 fail to commit to the full requested increase, Eligible Assignees may issue additional Commitments and become Lenders hereunder. Agent may allocate, in consultation with Borrowers, the increased Commitments among committing Lenders and, if necessary, Eligible Assignees. Total Commitments shall be increased by the requested amount (or such lesser amount committed by \u2587\u2587\u2587\u2587\u2587\u2587\u2587 and Eligible Assignees) on a date agreed upon by Agent and Borrower Agent, provided (i) the conditions set forth in Section 6.2 are satisfied at such time and (ii) flood insurance diligence and documentation have been completed as required by all Flood Laws or otherwise in a manner satisfactory to all Lenders. Agent, Obligors, and the new and existing Lenders shall execute and deliver such documents and agreements as Agent reasonably deems appropriate to evidence the increase in and allocations of Commitments and Obligors shall pay any reasonable and documented out-of-pocket fees and expenses incurred in connection therewith. On the effective date of an increase, the Revolver Usage and other exposures under the Commitments shall be reallocated among Lenders, and settled by Agent as necessary, in accordance with Lenders\u2019 adjusted shares of Commitments.", "size": 67, "samples": [{"hash": "8FR9oEx4Ode", "uri": "/contracts/8FR9oEx4Ode#increase-in-commitments", "label": "Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)", "score": 34.1471595764, "published": true}], "snippet_links": [{"key": "from-time-to-time", "type": "clause", "offset": [49, 66]}, {"key": "notice-to-agent", "type": "clause", "offset": [104, 119]}, {"key": "requested-increase", "type": "definition", "offset": [140, 158]}, {"key": "minimum-amount", "type": "definition", "offset": [167, 181]}, {"key": "same-terms", "type": "clause", "offset": [218, 228]}, {"key": "existing-commitments", "type": "definition", "offset": [232, 252]}, {"key": "closing-fee", "type": "definition", "offset": [267, 278]}, {"key": "the-commitments", "type": "clause", "offset": [456, 471]}, {"key": "applicable-cap", "type": "definition", "offset": [493, 507]}, {"key": "subordination-agreement", "type": "definition", "offset": [535, 558]}, {"key": "the-intercreditor-agreement", "type": "clause", "offset": [570, 597]}, {"key": "agent-shall", "type": "definition", "offset": [600, 611]}, {"key": "promptly-notify", "type": "clause", "offset": [612, 627]}, {"key": "business-days-thereafter", "type": "clause", "offset": [679, 703]}, {"key": "each-lender", "type": "clause", "offset": [705, 716]}, {"key": "no-lender", "type": "clause", "offset": [806, 815]}, {"key": "to-provide", "type": "definition", "offset": [829, 839]}, {"key": "not-responding", "type": "definition", "offset": [869, 883]}, {"key": "eligible-assignees", "type": "clause", "offset": [1007, 1025]}, {"key": "additional-commitments", "type": "clause", "offset": [1036, 1058]}, {"key": "in-consultation-with", "type": "definition", "offset": [1109, 1129]}, {"key": "increased-commitments", "type": "definition", "offset": [1145, 1166]}, {"key": "total-commitments", "type": "definition", "offset": [1231, 1248]}, {"key": "increased-by", "type": "clause", "offset": [1258, 1270]}, {"key": "requested-amount", "type": "clause", "offset": [1275, 1291]}, {"key": "lesser-amount", "type": "definition", "offset": [1301, 1314]}, {"key": "by-agent", "type": "clause", "offset": [1382, 1390]}, {"key": "borrower-agent", "type": "clause", "offset": [1395, 1409]}, {"key": "the-conditions", "type": "clause", "offset": [1424, 1438]}, {"key": "section-62", "type": "clause", "offset": [1452, 1463]}, {"key": "flood-insurance", "type": "clause", "offset": [1500, 1515]}, {"key": "and-documentation", "type": "clause", "offset": [1526, 1543]}, {"key": "as-required-by", "type": "clause", "offset": [1564, 1578]}, {"key": "flood-laws", "type": "definition", "offset": [1583, 1593]}, {"key": "all-lenders", "type": "definition", "offset": [1635, 1646]}, {"key": "existing-lenders", "type": "clause", "offset": [1681, 1697]}, {"key": "execute-and-deliver", "type": "clause", "offset": [1704, 1723]}, {"key": "documents-and-agreements", "type": "clause", "offset": [1729, 1753]}, {"key": "expenses-incurred", "type": "clause", "offset": [1927, 1944]}, {"key": "in-connection", "type": "definition", "offset": [1945, 1958]}, {"key": "date-of", "type": "clause", "offset": [1987, 1994]}, {"key": "revolver-usage", "type": "definition", "offset": [2012, 2026]}, {"key": "in-accordance-with", "type": "clause", "offset": [2140, 2158]}, {"key": "shares-of", "type": "clause", "offset": [2177, 2186]}], "hash": "75017fcb7f6f61e12cbc8c05e26f9ae9", "id": 9}, {"snippet": "(a) The Borrower may by written notice to the Administrative Agent elect to seek (x) commitments (\u201cAdditional Revolving Commitments\u201d) to increase the Revolving Commitments of any Class and/or (y) commitments (\u201cAdditional Term Commitments\u201d) to increase the aggregate principal amount of any existing Class of Term Loans or to establish one or more new Classes of Term Loans; provided that:\n(i) the aggregate amount of all Additional Commitments shall not exceed the Incremental Cap;\n(ii) any such increase or any new Class shall be in an aggregate amount of $10,000,000 or any whole multiple of $1,000,000 in excess thereof; provided that such amount may be less than $10,000,000 if such amount represents all remaining availability under the limit set forth in the preceding clause (i);\n(iii) no existing Lender shall be required to provide any Additional Commitments;\n(iv) as of each date of borrowing of any Additional Term Commitments or effectiveness of Additional Revolving Commitments, (A) each of the conditions set forth in Section 4.02 shall be satisfied and (B) the Borrower shall be in compliance on a Pro Forma Basis with the Financial Performance Covenant recomputed (assuming the applicable Additional Revolving Commitments established on such date are fully drawn and without netting the cash proceeds of any Additional Term Loans or any Additional Revolving Commitments being so incurred in calculating the Total Net Leverage Ratio) as of the last day of the Test Period;\n(v) the final maturity date of any Additional Term Loans shall be no earlier than the Latest Maturity Date applicable to each Class of Term Loans outstanding prior to such proposed incurrence of Additional Term Loans;\n(vi) the Additional Term Loans shall have a Weighted Average Life to Maturity equal to or greater than the then remaining Weighted Average Life to Maturity of each Class of Term Loans outstanding prior to such proposed incurrence of Additional Term Loans (it being understood that, subject to the foregoing requirements of this clause (vi), the amortization requirements with respect to any Additional Term Loans may differ);\n(vii) the interest margins for the Additional Term Loans shall be determined by the Borrower and the Additional Term Lenders; provided that in the event that the All-In Yield for any Additional Term Loans is greater than the All-In Yield for the Initial Term Loans by more than 50 basis points, then the Applicable Rate for the Initial Term Loans shall be increased to the extent necessary so that the All-In Yield for such Additional Term Loans is not more than 50 basis points higher than the All-In Yield for the Initial Term Loans;\n(viii) (A) the security interest and guaranties benefiting the Additional Term Loans and/or Additional Revolving Commitments (and advances of credit thereunder) will rank pari passu in right of payment and security with the existing Facilities, (B) no Person shall guarantee the obligations with respect to the Additional Term Loans and/or Additional Revolving Commitments (and advances of credit thereunder) unless such Person is a Subsidiary Loan Party and (C) the Additional Term Loans and/or Additional Revolving Commitments (and advances of credit thereunder) will not be secured by any property that does not constitute Collateral under the existing Facilities;\n(ix) any Additional Term Loans shall share on a pro rata basis in any voluntary and mandatory prepayments with the Initial Term Loans or, if agreed to by the Additional Term Lenders, on a less than pro rata basis (but in no event on a greater than pro rata basis); and\n(x) any Additional Revolving Commitment shall have the same maturity dates and be on the same pricing (excluding upfront fees and other fees of the type excluded from the determination of \u201cAll-In Yield\u201d) and other terms and pursuant to the definitive documentation applicable to the Revolving Commitments of such Class that is being increased, and any Additional Term Loans and Additional Term Commitments shall be on terms to be determined, provided that, (A) the final maturity, Weighted Average Life to Maturity, pricing, rate floors, discounts, fees and optional and mandatory prepayment provisions applicable to such Additional Term Loans shall be as agreed between the Borrower and the Additional Term Lenders but subject to the foregoing clauses (v), (vi), (vii) and (ix) and (B) the covenants and other terms applicable to such Additional Term Loans (excluding those terms described in the immediately preceding clause (A)), which shall be as agreed between the Borrower and the Additional Term Lenders, shall not be materially more favorable (when taken as a whole) to the Additional Term Lenders than those applicable to any Class of Term Loans then outstanding under this Agreement (as determined by the Borrower in good faith), except to the extent such covenants and other terms apply solely to any period after the Latest Maturity Date then applicable to any Class of Term Loans or such covenants or other terms apply equally for the benefit of the other Lenders.\n(b) Each such notice shall specify (x) the date (each, an \u201cAdditional Commitments Effective Date\u201d) on which the Borrower proposes that the Additional Commitments shall be effective, which shall be a Business Day and (y) the identity of the Persons (each of which shall be an Eligible Assignee (for this purpose treating a Lender of Additional Commitments as if it were an assignee)) whom the Borrower proposes would provide the Additional Commitments and the portion of the Additional Commitment to be provided by each such Person. As a condition precedent to the effectiveness of any Additional Commitments, the Borrower shall deliver to the Administrative Agent a certificate dated as of the Additional Commitments Effective Date signed by a Responsible Officer of the Borrower certifying that, before and after giving effect to the Additional Commitments (and assuming full utilization thereof) the requirements of Section 2.20(a)(i), (iv) and (x) are satisfied, and setting forth the calculation of the Incremental Cap.\n(c) On each Additional Commitments Effective Date with respect to any Additional Term Commitment, each Additional Term Lender shall make an Additional Term Loan to the Borrower in a principal amount equal to its Additional Term Commitment. The Borrower shall prepay any Revolving Loans outstanding on the Additional Commitments Effective Date with respect to any Additional Revolving Commitment (and pay any additional amounts required pursuant to Section 2.16) to the extent necessary to keep the outstanding Revolving Loans pro rata across all Classes of Revolving Commitments arising from any nonratable increase in the Revolving Commitments. If there is a new borrowing of Revolving Commitments on such Additional Commitments Effective Date, the Revolving Lenders after giving effect to such Additional Revolving Commitments shall make such Revolving Loans in accordance with Section 2.01(b).\n(d) The Additional Commitments shall be documented by an Additional Credit Extension Amendment executed by the Persons providing the Additional Commitments (and the other Persons specified in the definition of Additional Credit Extension Amendment but no other existing Lender), and the Additional Credit Extension Amendment may provide for such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.20.\n(e) This Section 2.20 shall supersede any provisions in Section 2.18 or Section 9.02 to the contrary.", "size": 34, "samples": [{"hash": "bIkCB76eWMz", "uri": "/contracts/bIkCB76eWMz#increase-in-commitments", "label": "Credit Agreement (Virtus Investment Partners, Inc.)", "score": 29.1423683167, "published": true}, {"hash": "8ECoGwWcrnj", "uri": "/contracts/8ECoGwWcrnj#increase-in-commitments", "label": "Credit Agreement (Virtus Investment Partners, Inc.)", "score": 28.414100647, "published": true}], "snippet_links": [{"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [32, 66]}, {"key": "additional-revolving-commitments", "type": "definition", "offset": [99, 131]}, {"key": "the-revolving-commitments", "type": "clause", "offset": [146, 171]}, {"key": "additional-term-commitments", "type": "definition", "offset": [210, 237]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [256, 282]}, {"key": "class-of", "type": "definition", "offset": [299, 307]}, {"key": "to-establish", "type": "definition", "offset": [322, 334]}, {"key": "new-classes", "type": "clause", "offset": [347, 358]}, {"key": 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"parents": [["the-commitments-and-credit-extensions", "The Commitments and Credit Extensions"], ["the-credits", "The Credits"], ["miscellaneous", "Miscellaneous"], ["credit-facilities", "Credit Facilities"], ["credit-facility", "Credit Facility"]], "id": "increase-in-commitments", "related": [["optional-increase-in-commitments", "Optional Increase in Commitments", "Optional <strong>Increase in Commitments</strong>"], ["increase-in-revolving-commitments", "Increase in Revolving Commitments", "Increase in Revolving Commitments"], ["increase-in-revolving-credit-commitments", "Increase in Revolving Credit Commitments", "Increase in Revolving Credit Commitments"], ["increase-in-underwriters-commitments", "Increase in Underwriters\u2019 Commitments", "Increase in Underwriters\u2019 Commitments"], ["increase-of-the-commitments", "Increase of the Commitments", "Increase of the Commitments"]], "related_snippets": [], "updated": "2026-10-18T06:30:49+00:00", "also_ask": ["What negotiation levers exist to limit or cap increases in commitments?", "Which drafting elements are essential to protect against unilateral increases?", "What are the main legal risks if the increase mechanism is ambiguous or automatic?", "How do increase in commitment clauses differ across syndicated vs. bilateral facilities?", "What factors do courts consider when assessing the enforceability of commitment increase provisions?"], "drafting_tip": "Specify the process for increasing commitments to ensure clarity; set consent requirements to protect parties' interests; define limits to prevent overextension of obligations.", "explanation": "The \"Increase in Commitments\" clause allows parties to raise the total amount of financial commitments available under an agreement, typically a loan or credit facility. In practice, this clause outlines the process by which existing or new lenders can agree to provide additional funds, often requiring certain conditions to be met, such as lender consent or documentation updates. Its core function is to provide flexibility for borrowers to access more capital as needed, while ensuring that all parties are clear on the terms and procedures for increasing the available commitments."}, "json": true, "cursor": ""}}