Common use of Increase in the Aggregate Commitments Clause in Contracts

Increase in the Aggregate Commitments. (a) The Borrower may, at any time, by written notice to the Administrative Agent, request (i) an increase in the aggregate amount of the Revolving Credit Commitments (each such increase, an “Incremental Revolving Increase”), (ii) an increase in the aggregate amount of the Term Loan Facility (each such increase, an “Incremental Term Loan Increase”), and/or (iii) add one or more new pari passu tranches of term loans (each an “Incremental Term Loan Facility”; each Incremental Term Loan Facility and each Incremental Revolving Increase and Incremental Term Loan Increase are collectively referred to as a “Commitment Increase”), in each case by not less than $25,000,000 (or such other amount as may be agreed between the Administrative Agent and the Borrower) to be effective as of a date that is at least 90 days prior to the scheduled Termination Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Agent; provided, however, that (i) in no event shall the aggregate principal amount of the Facilities at any time exceed $500,000,000 in the aggregate, and (ii) 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 Article III shall be satisfied.