Increase of Aggregate Commitments. (a) The Company may from time to time, on the terms set forth below, request that the aggregate amount of the Commitments be increased to an amount which does not exceed $200,000,000; provided, however, that an increase in the Commitments hereunder may only be made at a time when (i) no Event of Default or event which, with notice or the passage of time or both, would constitute an Event of Default shall have occurred and be continuing or would result therefrom and (ii) the Public Debt Rating from S&P is at least BBB- and the Public Debt Rating from Xxxxx'x is at least Baa3.
Increase of Aggregate Commitments. (a) The Company may from --------------------------------- time to time, on the terms set forth below, request that the aggregate amount of the Commitments be increased to an amount which does not exceed $400,000,000; provided, however, that an increase in the Commitments hereunder may only be -------- ------- made at a time when (i) no Event of Default or event which, with notice or the passage of time or both, would constitute an Event of Default shall have occurred and be continuing or would result therefrom and (ii) the Public Debt Rating from S&P is at least BBB- and the Public Debt Rating from Xxxxx'x is at least Baa3.
Increase of Aggregate Commitments. Following the Closing Date, if no Event of Default then exists, the Borrower shall have the right, without the consent of the Lenders, to increase the amount of the Aggregate Commitment by adding to this Agreement one or more lenders reasonably acceptable to the Administrative Agent (which lenders shall, upon completion of the requirements stated in this Section 2.23 constitute Lenders hereunder), or by allowing one or more Lenders to increase their respective Commitments hereunder, provided that (a) the sum of the then current Aggregate Commitment plus such added Commitments plus any increases in current Commitments shall not be greater than $225,000,000, (b) no Lender's Commitment shall be increased without the consent of such Lender, (c) no Person shall be added to this Agreement without its consent, and (d) on the effective date of any such increase or addition, there shall either be no Advances outstanding or arrangements satisfactory to the Administrative Agent have been made to prepay all outstanding Advances, together with accrued interest thereon and any amounts payable pursuant to Section 3.4. Any prepayment made by the Borrower in accordance with the preceding subsection (d) of this Section 2.23 may be made with the proceeds of an Advance made by all the Lenders in connection with an increase in the Aggregate Commitments pursuant to this Section 2.23. The Borrower shall give the Administrative Agent five (5) Business Days' notice of the Borrower's intention to increase any existing Commitments or add a new lender pursuant to this Section 2.23. Such notice shall specify each new lender, if any, the changes in amounts of any existing Commitments and the Aggregate Commitment that will result, the date on which such addition or change is to occur (which shall be a Business Day), and such other information as is reasonably requested by the Administrative Agent. Each new lender agreeing to be added to this Agreement, and each Lender agreeing to increase its Commitment, shall execute and deliver to the Administrative Agent a New Lender Agreement in substantially the form of Exhibit F-1 or a Commitment Increase Agreement in substantially the form of Exhibit F-2, pursuant to which it becomes a party hereto or increases its Commitment, as the case may be. In addition, an Authorized Officer of the Borrower shall execute and deliver a Facility Note in the principal amount of the Commitment of each new lender, or a replacement Facility Note in the principal ...
Increase of Aggregate Commitments. Provided no Default has occurred and is continuing, the Borrower may by written notice to the Agent and the Banks request that the aggregate amount of the Commitments hereunder be increased up to the Aggregate Commitment Limit; provided, however that in the event the Parallel Agreement is still in effect, (a) the Borrower shall simultaneously request a pro rata increase in the aggregate amount of the Parallel Agreement Commitments pursuant to Section 2.15 of the Parallel Agreement, and (b) after giving effect to such increase of the aggregate Commitments and such pro rata increase of the aggregate Parallel Agreement Commitments, the total amount of all Commitments and all Parallel Agreement Commitments shall not exceed the Aggregate Commitment Limit. Upon the Borrower's receipt of (a) incremental commitments from such Banks that may agree to provide an increased Commitment hereunder, and if the Parallel Agreement is still in effect, an increased Parallel Agreement
Increase of Aggregate Commitments. Pursuant to Section 2.1A of the Credit Agreement, the aggregate Commitments shall be and are, as of the Consent Effective Date, increased from Ninety-Four Million Five Hundred Thousand Dollars ($94,500,000.00) to Ninety-Nine Million Dollars ($99,000,000.00) with each Lender's Commitment as set forth opposite its name on Schedule 2.1 affixed to this Consent Agreement and by this reference incorporated herein and made a part hereof, which shall fully restate and supersede the Schedule 2.1 annexed to the Credit Agreement.
Increase of Aggregate Commitments. (a) If no Default or Event of Default shall have occurred and be continuing, Borrower may at any time during the Availability Period request one or more increases of the Aggregate Commitments by notice to Administrative Agent in writing of the amount of such proposed increase (an “Increase Notice”); provided, however, that (i) the Commitment of any Lender may not be increased without such Lender’s consent, (ii) the minimum amount of any such increase shall be $5,000,000 and (iii) the amount of the Aggregate Commitments, after giving effect to any such increase, shall not exceed $150,000,000.
Increase of Aggregate Commitments. The Borrower may, with the prior written consent of the Administrative Agent and each Lender (which consent may be conditioned on one or more conditions precedent in its sole discretion), (i) increase the Commitment of the existing Lenders (pro rata), (ii) add additional Lenders and/or (iii) increase the Commitment of any Lender, in each case which shall increase the Aggregate Commitments by the amount of the Commitment of each such existing or additional Lender; provided that such increase does not cause the Aggregate Commitments to exceed $725,000,000.
Increase of Aggregate Commitments. The Borrower may, with the prior written consent of the Administrative Agent and each Lender (which consent may be conditioned on one or more conditions precedent in its sole discretion), (i) increase the Commitment of the existing Lenders (pro rata), (ii) add additional Lenders and/or (iii) increase the Commitment of any Lender, in each case which shall increase the Aggregate Commitments by the amount of the Commitment of each such existing or additional Lender; provided that such increase does not cause the Aggregate Commitments to exceed $500,000,000; provided further that, notwithstanding the foregoing or anything to the contrary contained in any Loan Document, so long as no Borrowing Base Deficiency exists and no Default or Event of Default has occurred and is continuing, the Commitments of the existing Lenders shall be increased (pro rata) on the one-month anniversary of the Closing Date such that the Aggregate Commitments equal to $400,000,000.
Increase of Aggregate Commitments. (a) The Company may (not less than 90 days prior the Termination Date and no more than twice in each fiscal year of the Company), on the terms set forth below, request that the aggregate amount of the Commitments be increased by an amount which does not exceed $250,000,000; provided, however, that an increase in the Commitments hereunder may only be made at a time when (i) no Default or Event of Default has occurred and is continuing or would result therefrom, (ii) the Public Debt Rating from S&P is at least BBB+ (stable) and the Public Debt Rating from Xxxxx’x is at least Baa1 (stable) and (iii) the representations and warranties of the Company contained in this Agreement, are true on and as of the date of such request and the date upon which such commitment increase becomes effective.
Increase of Aggregate Commitments. (a) The Borrower may, at any time and from time to time, request, by notice to the Agent, the Agent's approval of an increase of the Aggregate Commitments within the limitations hereafter described, which request shall set forth the amount of such requested increase. Within twenty (20) days of such request, the Agent shall advise the Borrower of its approval or disapproval of such request; failure to so advise the Borrower shall constitute disapproval. Upon approval of the Agent, the Aggregate Commitments may be so increased either by having additional financial institutions approved by the Borrower and the Agent ("Additional Banks") become Banks hereunder and/or by having any one or more of the then existing Banks hereunder (at their respective election in their sole discretion) that have been approved by the Borrower and the Agent, increase the amount of their Commitments (any such Bank that elects to increase its Commitment and any Additional Bank being hereinafter referred to as a "New Bank"), provided that (i) the Commitment of any Additional Bank shall not be less than Ten Million Dollars ($10,000,000) and the sum of the Commitments of the Additional Banks and the increases in the Commitments of the other New Banks shall be in an aggregate amount of not less than Five Million
