Increase in Credit Facility. (a) The Company may, by written notice to the Global Agent from time to time, request that the Total Facility Commitment be increased by an amount not to exceed the Incremental Facility Amount at such time. Upon the approval of such request by the Global Agent (which approval shall not be unreasonably withheld), the Global Agent shall deliver a copy thereof to each Lender with a Facility Commitment. Such notice shall set forth the amount of the requested increase in the Total Facility Commitment (which shall be in minimum increments of $25,000,000 and a minimum amount of $25,000,000 or equal to the remaining Incremental Revolving Facility Amount) and the date on which such increase is requested to become effective (which shall be not less than 10 Business Days nor more than 60 days after the date of such notice and which, in any event, must be on or prior to the Credit Facility Termination Date), and shall offer each such Lender the opportunity to increase its Facility Commitment by its Fixed Commitment Percentage of the proposed increased amount. Each such Lender shall, by notice to the Company and the Global Agent given not more than 10 days after the date of the Global Agent’s notice, either agree to increase its Facility Commitment by all or a portion of the offered amount (each such Lender so agreeing being an “Increasing Revolving Lender”) or decline to increase its Facility Commitment (and any such Lender that does not deliver such a notice within such period of 10 days shall be deemed to have declined to increase its Facility Commitment, and each Lender so declining or being deemed to have declined being a “Non-Increasing Revolving Lender”). In the event that, on the 10th day after the Global Agent shall have delivered a notice pursuant to the second sentence of this paragraph, the Increasing Revolving Lenders shall have agreed pursuant to the preceding sentence to increase their Facility Commitments by an aggregate amount less than the increase in the Total Facility Commitment requested by the Company, the Company may arrange for one or more banks or other entities (any such bank or other entity referred to in this clause being an “Augmenting Revolving Lender”), which may include any Lender, to extend Facility Commitments or increase their existing Facility Commitments in an aggregate amount equal to the unsubscribed amount; provided that each Augmenting Revolving Lender, if not already a Lender with a Facility Commitment hereunder, shall be subje...
Increase in Credit Facility. The Borrower may, at any time and from time to time, add additional financial institutions hereunder as Lenders and/or, with the consent of the applicable Lender (which may be given or withheld in its sole discretion), increase the Commitment of such Lender and, in each case, thereby increase the maximum principal amount of the Credit Facility, provided that, at the time of any such addition or increase:
Increase in Credit Facility. The existing definition of “Credit Facility” contained in Section 1.1 of the Credit Agreement is hereby amended to delete “U.S.$2,500,000,000” where it appears in the first line thereof and to substitute therefor the amount of “U.S.$2,750,000,000”. The parties hereto hereby confirm and agree that the maximum principal amount of the Credit Facility is hereby increased to U.S.$2,750,000,000 from U.S.$2,500,000,000.
Increase in Credit Facility. Notwithstanding any reduction in the Aggregate Commitment Amount, the Borrower may, at any time and from time to time thereafter, increase the Aggregate Commitment Amount (such increase being referred to as the “Additional Commitment Amount”) up to a maximum of $1,000,000,000 by adding additional Persons as Lenders hereunder or by increasing the Individual Commitment Amounts of existing Lenders with (in the latter case) the consent of such Lenders, or any combination thereof; provided that, on or before the date on which such Additional Commitment Amount becomes effective, the following conditions shall be satisfied:
Increase in Credit Facility. (a) The Borrower may, at any time and from time to time prior to the Maturity Date, by notice to the Administrative Agent, request one or more increases in the Funding Amounts (each, a “ Commitment Increase ”) in an aggregate amount up to $100,000,000, to be effective as of a date that is at least 90 days prior to the scheduled Maturity Date then in effect (each, a “ Increase Date ”) as specified in the related notice to the Administrative Agent; provided, however, that on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.02 and in clause (d) of this Section 2.19 shall be satisfied, provided that no Bank shall have any obligation to participate in any Commitment Increase.
Increase in Credit Facility. The existing definition of “Credit Facility” contained in Section 1.1 of the Credit Agreement is hereby amended to delete “Cdn.$2,250,000,000” where it appears in the second line thereof and to substitute therefor the amount of “Cdn.$2,325,000,000”. The parties hereto hereby confirm and agree that the maximum principal amount of the Credit Facility is hereby increased to Cdn.$2,325,000,000 from Cdn.$2,250,000,000.
Increase in Credit Facility. The existing definition of “Credit Facility” contained in Section 1.1 of the Credit Agreement is hereby amended to delete “Cdn.$2,325,000,000” where it appears in the second line thereof and to substitute therefor the amount of “Cdn.$2,475,000,000”. The parties hereto hereby confirm and agree that (a) the maximum principal amount of the Credit Facility is hereby increased to Cdn.$2,475,000,000 from Cdn.$2,325,000,000 and (b) the increase in the Credit Facility is effected pursuant to an increase in the Commitment of BNP Paribas (Canada) from Cdn.$125,000,000 to Cdn.$275,000,000 pursuant to and in accordance with Section 2.24 of the Credit Agreement. Each of the Short Notice Lenders hereby consents to the increase in the maximum principal amount of the Credit Facility and the increase in the Commitment of BNP Paribas (Canada) as provided for herein.
Increase in Credit Facility. The Loan Agreement and all of the --------------------------- Loan Documents are hereby amended to increase the Total Credit Facility from $95,000,000 to $95,000,000 and, during the Seasonal Period, $120,000,000. Accordingly, whenever the number "$95,000,000" appears in any Loan Document, it shall be replaced with "$95,000,000, and, during the Seasonal Period, $120,000,000."
Increase in Credit Facility. Subject to the terms and conditions of the Credit Agreement, as modified and amended pursuant to the terms and provisions of this Amendment, the maximum amount available for draw under the Existing Credit Facility shall be increased by up to $70,000,000 (the "Credit Facility Increase") from up to $80,000,000 to up to $150,000,000 (the Existing Credit Facility, as so increased by the Credit Facility Increase, is hereinafter the "Credit Facility"). The Credit Facility Percentage Interest held by each Co-Lender in the Credit Facility (inclusive of risk participations in any Letter of Credit which is issued and is outstanding under the Credit Facility) on the date hereof and after giving effect to the Credit Facility Increase is as follows: ================================================================================ Amount Percentage Interest ------ ------------------- -------------------------------------------------------------------------------- Xxxxx Xxxxxx $27,500,000 18.3334% -------------------------------------------------------------------------------- NationsBank $27,500,000 18.3334% -------------------------------------------------------------------------------- First Chicago $20,000,000 13.3333% -------------------------------------------------------------------------------- Mellon $20,000,000 13.3333% -------------------------------------------------------------------------------- PNC $20,000,000 13.3333% -------------------------------------------------------------------------------- Summit $20,000,000 13.3333% -------------------------------------------------------------------------------- Signet $15,000,000 10.0000% ================================================================================
Increase in Credit Facility
