Common use of Increase of Aggregate Commitment Clause in Contracts

Increase of Aggregate Commitment. (a) At any time prior to the Maturity Date, the Borrower shall have the ability from time to time, in consultation with the Administrative Agent, to request an increase in the Aggregate Commitment (each, a “Commitment Increase”); provided that (i) no Lender shall have any obligation to participate in any Commitment Increase, (ii) in no event shall the aggregate amount of all Commitment Increases exceed $100,000,000, (iii) each such Commitment Increase shall be in a minimum principal amount of $25,000,000 and $10,000,000 increments in excess thereof, (iv) no Default or Event of Default shall have occurred and be continuing or would result from the proposed Commitment Increase, (v) the Borrower shall have delivered to the Administrative Agent such documents and certificates (including, without limitation, resolutions) as reasonably requested by the Administrative Agent, and (vi) each outstanding Syndicated Letter of Credit shall have been exchanged for a new Syndicated Letter of Credit or amended, in each case giving effect to the Commitment Increase.

Increase of Aggregate Commitment. (a) At any time prior to the Maturity Date, the Borrower Borrowers shall have the ability from time to time, in consultation with the Administrative Agent, to request an increase in the Aggregate Commitment (each, a “Commitment Increase”); provided that (i) no Lender shall have any obligation to participate in any Commitment Increase, (ii) in no event shall the aggregate amount of all Commitment Increases exceed $100,000,000, (iii) each such Commitment Increase shall be in a minimum principal amount of $25,000,000 and $10,000,000 increments in excess thereof, (iv) no Default or Event of Default shall have occurred and be continuing or would result from the proposed Commitment Increase, (v) the Borrower Borrowers shall have delivered to the Administrative Agent such documents and certificates (including, without limitation, resolutions) as reasonably requested by the Administrative Agent, and (vi) each outstanding Syndicated Letter of Credit shall have been exchanged for a new Syndicated Letter of Credit or amended, in each case giving effect to the Commitment Increase.

Increase of Aggregate Commitment. (a) At any time prior to the Revolving Credit Maturity Date, the Borrower shall have the ability from time right, by written notice to time, in consultation with the Administrative Agent, to request an increase in the Aggregate Commitment (each, each a “Commitment Increase”); provided that (i) no Lender shall have any obligation to participate in any Commitment Increase, (ii) in no event shall the aggregate amount of all Commitment Increases exceed $100,000,00050,000,000, (iii) there shall be no more than two Commitment Increases during the term of the Credit Facility and each such Commitment Increase shall be in a minimum principal amount of $25,000,000 10,000,000 and $10,000,000 5,000,000 increments in excess thereof, (iv) no Default or Event of Default shall have occurred and be continuing or would result from the proposed Commitment Increase, Increase and (v) the Borrower shall have delivered to the Administrative Agent such documents and certificates (including, without limitation, resolutions) as reasonably requested by the Administrative Agent, and (vi) each outstanding Syndicated Letter of Credit shall have been exchanged for a new Syndicated Letter of Credit or amended, in each case giving effect to the Commitment Increase.