Common use of Increase in Total Commitment Clause in Contracts

Increase in Total Commitment. (a) Provided that no Default or Event of Default has occurred and is continuing, subject to the terms and conditions set forth in this §2.11, the Borrowers shall have the option at any time and from time to time before at least three (3) months prior to the Maturity Date to request an increase in the Total Commitment to not more than $250,000,000 (after giving effect to each such increase) by giving written notice to the Agent (an “Additional Commitment Request Notice”; and the amount of such requested increase is the “Commitment Increase”), provided that any such individual increase must be in a minimum amount of $25,000,000. Upon receipt of any Additional Commitment Request Notice, the Agent shall use best efforts to seek one or more banks or lending institutions (which may include the existing Lenders and which other banks or lending institutions shall be reasonably acceptable to Agent, Arrangers and Parent Borrower) to become a Lender and provide an additional Commitment. The Agent shall provide all Lenders with a notice setting forth the amount, if any, of the additional Commitment to be provided by each Lender and the revised Commitment Percentages which shall be applicable after the effective date of the Commitment Increase specified therein (the “Commitment Increase Date”). In no event shall any Lender be obligated to provide an additional Commitment.

Increase in Total Commitment. (a) Provided that no Default or Event of Default has occurred and is continuing, subject to the terms and conditions set forth in this §2.11, the Borrowers shall have the option at any time and from time to time before at least three (3) months prior to the Maturity Date to request an increase in the Total Commitment to not more than $250,000,000 350,000,000 (after giving effect to each such increase) by giving written notice to the Agent (an “Additional Commitment Request Notice”; and the amount of such requested increase is the “Commitment Increase”), provided that any such individual increase must be in a minimum amount of $25,000,000. Upon receipt of any Additional Commitment Request Notice, the Agent shall use best efforts to seek one or more banks or lending institutions (which may include the existing Lenders and which other banks or lending institutions shall be reasonably acceptable to Agent, Arrangers and Parent Borrower) to become a Lender and provide an additional Commitment. The Agent shall provide all Lenders with a notice setting forth the amount, if any, of the additional Commitment to be provided by each Lender and the revised Commitment Percentages which shall be applicable after the effective date of the Commitment Increase specified therein (the “Commitment Increase Date”). In no event shall any Lender be obligated to provide an additional Commitment.

Increase in Total Commitment. (a) Provided that no Default or Event of Default has occurred and is continuing, subject to So long as the terms and conditions set forth in this §2.11Incremental Loan Commitment Requirements are satisfied, the Borrowers Borrower shall have the option right at any time time, and from time to time before at least three (3) months prior to the Maturity Date time, to request an increase of the Total Commitments to an amount not to exceed $225,000,000. Any such requested increase shall be first made to all existing Lenders on a pro rata basis. To the extent that the existing Lenders decline to increase their Commitments, or decline to increase their Commitments to the amount requested by the Borrower, the Arranger may arrange for other Persons to become a Lender hereunder and to issue commitments in an amount equal to the amount of the increase in the Total Commitment to Commitments requested by the Borrower and not more than $250,000,000 accepted by the existing Lenders (after giving effect to each such increase) increase by giving written notice to the Agent (either means, a “Commitment Increase,” and each such Person issuing, or Lender increasing, its Commitment, an “Additional Commitment Request NoticeLender”); provided, however, that (i) no Lender shall be obligated to provide a Commitment Increase as a result of any such request by the Borrower, and (ii) any Additional Commitment Lender which is not an existing Lender shall be subject to the approval of the Administrative Agent, the Issuing Bank, the Swingline Lender and the amount of such requested increase is the “Borrower (which approval shall not be unreasonably withheld). Each Commitment Increase”), provided that any such individual increase must Increase shall be in a minimum aggregate amount of at least $25,000,000. Upon receipt 5,000,000 and in integral multiples of any Additional Commitment Request Notice, the Agent shall use best efforts to seek one or more banks or lending institutions (which may include the existing Lenders and which other banks or lending institutions shall be reasonably acceptable to Agent, Arrangers and Parent Borrower) to become a Lender and provide an additional Commitment. The Agent shall provide all Lenders with a notice setting forth the amount, if any, of the additional Commitment to be provided by each Lender and the revised Commitment Percentages which shall be applicable after the effective date of the Commitment Increase specified therein (the “Commitment Increase Date”). In no event shall any Lender be obligated to provide an additional Commitment$5,000,000 in excess thereof.

Increase in Total Commitment. (a) Provided that no Default or Event of Default has occurred and is continuing, subject to the terms and conditions set forth in this §2.11, the Borrowers The Borrower shall have the option right at any time time, and from time to time before at least three (3) months prior to the Maturity Date time, to request an increase of the Total Commitments to an amount not to exceed $345,000,000. The Arranger may arrange for existing Lenders or other Persons who are not then Lenders (who will become a Lender hereunder) to issue commitments in an amount equal to the amount of the increase in the Total Commitment to not more than $250,000,000 Commitments requested by the Borrower (after giving effect to each such increase) by giving written notice to the Agent (, a “Commitment Increase,” and each such Person issuing, or Lender increasing, its Commitment, an “Additional Commitment Request NoticeLender”); provided, however, that (i) no Lender shall be obligated to provide a Commitment Increase as a result of any such request by the Borrower, and (ii) any Additional Commitment Lender which is not an existing Lender shall be subject to the approval of the Administrative Agent, the Issuing Bank and the amount of such requested increase is the “Swingline Lender (which approval shall not be unreasonably withheld). Each Commitment Increase”), provided that any such individual increase must Increase shall be in a minimum aggregate amount of at least $25,000,000. Upon receipt 20,000,000 and in integral multiples of any Additional Commitment Request Notice, the Agent shall use best efforts to seek one or more banks or lending institutions (which may include the existing Lenders and which other banks or lending institutions shall be reasonably acceptable to Agent, Arrangers and Parent Borrower) to become a Lender and provide an additional Commitment. The Agent shall provide all Lenders with a notice setting forth the amount, if any, of the additional Commitment to be provided by each Lender and the revised Commitment Percentages which shall be applicable after the effective date of the Commitment Increase specified therein (the “Commitment Increase Date”). In no event shall any Lender be obligated to provide an additional Commitment$5,000,000 in excess thereof.