Increases of the Commitments. (a) The Borrowers may, from time to time after the Closing Date, request to increase the then effective aggregate principal amount of (x) the Term Commitments and make Term Loans pursuant thereto (such Term Loans, “Incremental Term Loans”) and/or (y) the Revolving Commitments of any Revolving Facility (such Revolving Commitments, “Incremental Revolving Commitments”) and make Revolving Loans pursuant thereto (such Revolving Loans, “Incremental Revolving Loans”); provided that:
Appears in 4 contracts
Samples: Security Agreement (Overseas Shipholding Group Inc), Credit Agreement (International Seaways, Inc.), Credit Agreement (International Seaways, Inc.)
