Increase in Revolving Credit Commitments Sample Clauses

Increase in Revolving Credit Commitments. (i) Provided there exists no Default or Event of Default and subject to the conditions set forth under clause (v) below, upon notice to the Administrative Agent (which shall promptly notify the Lenders), Borrower may from time to time request an increase in the Revolving Credit Commitments; provided, that (A) the Aggregate Revolving Credit Commitments shall not at any time exceed the lesser of (1) the Aggregate Maximum Revolving Credit Amounts after adjustments resulting from reductions thereof pursuant to Section 2.03(d) and (2) the then effective Borrowing Base, and (B) such increase of the Revolving Credit Commitments shall be in a minimum amount of $5,000,000, or integral multiples of $1,000,000 in excess thereof. At the time of sending such notice, Borrower (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 (10) Business Days from the date of delivery of such notice to the Lenders). (ii) Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Revolving Credit Commitment and, if so, whether by an amount equal to, greater than, or less than its Percentage Share of such requested increase. Any Lender not responding within such time period shall be deemed to have declined to increase its Revolving Credit Commitment. (iii) The Administrative Agent shall notify Borrower of the Lenders’ responses to the request made hereunder. To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent and the Issuing Bank (which approvals shall not be unreasonably withheld), Borrower may also invite additional Persons to become Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel. (iv) If the Aggregate Revolving Credit Commitments are increased in accordance with this Section, the Administrative Agent and Borrower shall determine the effective date (such date, the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly (i) notify Borrower of the final allocation of such increase in the Revolving Credit Commitment and the Increase Effective Date, and (ii) notify each Lender of its Revolving Credit Commitment as of the Increase Effective Date. (v) As a condition precedent to such increase, Borrower shall deliver to the Administrative Agen...

Increase in Revolving Credit Commitments. The Revolving Credit commitments may be increased as set forth in Section 3.1 [Incremental Commitments].

Increase in Revolving Credit Commitments. The following Section 2.12 shall be added to the Credit Agreement:

Increase in Revolving Credit Commitments. Each Increasing Bank shall have consented to its increased Revolving Credit Commitment as set forth on amended and restated Schedule 1.1

Increase in Revolving Credit Commitments. Pursuant to Section 2.10 of the Credit Agreement, Borrowers hereby request, and the current Lenders have agreed, to increase the Revolving Credit Commitments in an aggregate amount equal to $150,000,000. In furtherance thereof, on the Effective Date, (x) Schedule 1.1(B) to the Credit Agreement is amended and restated in its entirety to be as set forth on Schedule 1.1(B) attached hereto, and the Revolving Credit Commitment of each Lender is as set forth therein, and (y) the aggregate Revolving Credit Commitments of all Lenders shall equal $750,000,000.

Increase in Revolving Credit Commitments. The Borrower may request an increase in the amount of the Revolving Credit Commitments provided that (i) any such increase shall not cause the total amount of Revolving Credit Commitments to exceed $275,000,000, as such amount may be reduced from time to time pursuant to Section 6.6(x), and (ii) any such increase shall be in increments of not less than $5,000,000. If the Borrower desires to increase the Revolving Credit Commitments, the Borrower shall offer the existing Banks the opportunity to participate in any such increase before requesting that another lender join this Agreement as a Bank to provide a Revolving Credit Commitment, provided however, that no Bank shall be obligated to increase its Revolving Credit Commitment and no such Bank's Revolving Credit Commitment shall be increased without its consent. Any new lender shall be subject to the approval of the Agent. If such increase is provided by a new lender, such new lender and Agent shall execute a Bank Joinder and such new lender shall thereby join this Agreement and each of the Loan Documents as a Bank on the effective date of the increase. If such increase in Revolving Credit Commitments is provided by either a new lender, or by one or more of the existing Banks but not ratably by all of the existing Banks, the Borrower shall repay all of the outstanding Revolving Credit Loans on the effective date of the increase, subject to the Borrower's obligation under Section 2.6 [

Increase in Revolving Credit Commitments. Borrower hereby requests that the current Lenders increase their Revolving Credit Commitments collectively by an amount equal to $20,000,000 to an aggregate amount of $110,000,000 in accordance with Section 2.11 of the Credit Agreement, and each Lender hereby agrees, on the Effective Date, to increase its Revolving Credit Commitment in the amounts set forth on Schedule 1.1(C) attached to this Amendment. Schedule 1.1(C) attached hereto shall amend and restate in its entirety Schedule 1.1(C) attached to the Credit Agreement. The Administrative Agent hereby agrees that the foregoing is an acceptable acknowledgement of each Increasing Lender as required under Section 2.11.1.9 of the Credit Agreement and waives the five (5) day requirement thereunder.

Increase in Revolving Credit Commitments. The amount of each Lender's Revolving Credit Commitment set forth opposite its name on its signature page to the Credit Agreement shall be amended and as so amended shall be restated as follows: Amount of Revolving Lender Credit Commitment Xxxxxx Trust and Savings Bank $20,000,000 LaSalle National Bank $20,000,000 Notwithstanding that the increase in the Revolving Credit Commitments contemplated by Section 1.01 hereof shall not become effective until the satisfaction of the conditions precedent set forth in Section 2 hereof, for purposes of calculating the commitment fee payable under Section 3.1 of the Credit Agreement, the Revolving Credit Commitments of the Lenders shall be deemed to have been so increased immediately upon the date on which all the Lenders have executed this Amendment (the "Fifth Amendment Effective Date").

Increase in Revolving Credit Commitments. The Revolving Credit Commitment of Bank One, Oklahoma, NA is hereby increased from $2,750,000 to $4,400,000, and the Revolving Credit Commitment of Firstar Bank, N.A. is hereby increased from $2,250,000 to $3,600,000. As a result of the foregoing increases, the parties acknowledge and agree (i) that the Aggregate Revolving Credit Commitment is increased from $5,000,000 to $8,000,000, (ii) the term "Obligations" as used in the Credit Agreement and any other Loan Documents will include all Loans from time to time outstanding under the Revolving Credit Facility (as increased hereby), and (ii) from and after the Amendment Date, the commitment fee payable under Section 2.5 of the Credit Agreement will be based on the daily unused portion of each Lender's Revolving Credit Commitment (as increased hereby) and Acquisition Loan Commitment. In order to evidence the foregoing increases, the Borrower agrees to make, execute and deliver to each Lender a replacement Revolving Note (collectively, the "Replacement Revolving Notes"), substantially in the form attached hereto as Exhibit "E-1A" (with appropriate insertions), in increase and replacement of and substitution for the Revolving Notes delivered at the Closing.

Increase in Revolving Credit Commitments. The increase in the Revolving Credit Commitments made pursuant to this Section shall be $150,000,000 in the aggregate. (d) Continuation of or Change in Business; Parent Holding Company Status. Section 8.2.10 [Continuation of or Change in Business; Parent Holding Company Status] is hereby amended and restated to read as follows: