Common use of Increase of Aggregate Commitments Clause in Contracts

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