Increase in Rc Commitment Sample Clauses

The 'Increase in RC Commitment' clause allows for the adjustment of the revolving credit (RC) commitment amount under a loan agreement. Typically, this clause outlines the process by which a borrower can request an increase in the total available credit, subject to lender approval and certain conditions such as satisfactory financial standing or compliance with covenants. By providing a structured mechanism for increasing the credit facility, this clause offers flexibility to borrowers to access additional funds as their needs grow, while ensuring lenders retain control over their exposure.
Increase in Rc Commitment