Common use of Increase of Commitments; Additional Lenders Clause in Contracts

Increase of Commitments; Additional Lenders. The Borrower may from time to time, upon at least five days’ prior written notice to the Administrative Agent (who shall promptly provide a copy of such notice to each Lender), propose to increase the Aggregate Revolving Commitments or to establish one or more new term loans (each, an “Incremental Term Loan”); provided, that:

Appears in 4 contracts

Samples: Credit Agreement (Molina Healthcare Inc), Credit Agreement (Molina Healthcare, Inc.), Credit Agreement (Molina Healthcare Inc)

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Increase of Commitments; Additional Lenders. The (a) From time to time after the Effective Date but before the termination of this Agreement and in accordance with this Section 2.25, the Borrower may from time to time, upon at least five days(5) Business Days’ prior written notice to the Administrative Agent (who shall promptly provide a copy of such notice to each Lender), propose to increase the Aggregate Revolving Commitments (each such increase, an “Incremental Revolving Commitment”) or to establish one or more new additional term loans (each, an “Incremental Term Loan”); provided, that:

Appears in 2 contracts

Samples: Agreement (Aaron's Inc), Credit and Term Loan Agreement (Aaron's Inc)

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Increase of Commitments; Additional Lenders. The Borrower may shall have the right from time to time, upon at least five days(5) Business Days’ prior written notice to the Administrative Agent (who shall promptly provide a copy of such notice to each Lender)Agent, propose to increase the Aggregate Revolving Commitments (each such increase, an “Incremental Revolving Facility”) or to establish one or more new additional term loans (eacheach such term loan, an “Incremental Term LoanFacility), and together with each Incremental Revolving Facility, an 58 “Incremental Facility”) by an amount not to exceed the Maximum Incremental Facilities Amount; provided, provided that:

Appears in 2 contracts

Samples: Credit Agreement (Biotelemetry, Inc.), Credit Agreement (Biotelemetry, Inc.)

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