Common use of Increase in Initial Commitment Clause in Contracts

Increase in Initial Commitment. In the event that the Rollover (as defined in the Rollover Agreement) is not consummated at the Effective Time due to a failure of the Rollover Investor (as defined in the Rollover Agreement) to have performed and satisfied all of its obligations thereunder required to be performed and satisfied at or prior to the Effective Time, then the Initial Commitment as set forth in Section 1 shall be immediately increased by $60 million such that the aggregate Commitment shall be $271.1 million, without any further action being required by any party hereto.