Increase in Facility Amount. The Borrower may, with the prior written consent of the Facility Agent (which consent may be conditioned on one or more conditions precedent in its sole discretion), (i) within three (3) months of the Omnibus Amendment USActive 31637433.4 -66- Effective Date, increase the Commitment of the existing Lender Groups (pro rata) to an aggregate Facility Amount of $250,000,000, (ii) increase the Commitment of the existing Lender Groups (pro rata), (iiiii) add additional Lender Group and/or (iviii) increase the Commitment of any Lender Group, in each case which shall increase the Facility Amount by the amount of the Commitment of each such existing or additional Lender Group; provided, that after giving effect to the increase described above in clause (i), (ii), and (iii) and (iv), in no event shall the aggregate Commitment exceed $1,000,000,0002,000,000,000.
Appears in 1 contract
Sources: Omnibus Amendment to Transaction Documents (Blackstone Private Credit Fund)
Increase in Facility Amount. The Borrower may, with the prior written consent of the Facility Agent (which consent may be conditioned on one or more conditions precedent in its sole discretion), (i) within three (3) months of the Omnibus Amendment USActive 31637433.4 -66- Effective Date, increase the Commitment of the existing Lender Groups (pro rata) ), (ii to an aggregate Facility Amount of $250,000,000, (ii) increase the Commitment of the existing Lender Groups (pro rata), (iiiiiiii) add additional Lender Group and/or (iviiiiiiiv) increase the Commitment of any Lender Group, in each case which shall increase the Facility Amount by the amount of the Commitment of each such existing or additional Lender Group; provided, that after giving effect to the increase described above in clause (i), (ii), and (iii) and (iviiiiv ), in no event shall the aggregate Commitment exceed $1,000,000,0002,000,000,0001,000,000,000.
Appears in 1 contract
Sources: Omnibus Amendment to Transaction Documents (Blackstone Private Credit Fund)
Increase in Facility Amount. The Borrower maymay from time to time, with the prior written consent of the Facility Agent (which whose consent may be conditioned on one or more conditions precedent in its sole discretion), (i) within three (3) months of the Omnibus Amendment USActive 31637433.4 -66- Effective Dateand any Lender Group increasing their aggregate Commitment in accordance with this Section 2.8, increase the aggregate Commitment of the existing Lender Groups (pro rata) by up to an aggregate Facility Amount additional $50,000,000; provided that each increase in the aggregate Commitments shall be in integral multiples of $250,000,0005,000,000, (ii) increase the Commitment of the existing Lender Groups (pro rata), (iiiii) add additional Lender Group Groups and/or (iviiiiii) increase the Commitment of any Lender Group, in each case which shall increase the Facility Amount by the amount of the Commitment of each such existing or additional Lender Group; provided, that after giving effect to the increase described above in clause (i), (ii), and (iii) and (iv), in no event shall the aggregate Commitment exceed $1,000,000,0002,000,000,000.
Appears in 1 contract
Sources: Loan Financing and Servicing Agreement (Stellus Private Credit BDC)