Incremental Revolving Commitment. Subject to the terms and conditions set forth herein, the Incremental Lender agrees to provide a revolving credit commitment in an amount equal to the amount set forth under the heading “Incremental Revolving Commitment” opposite the Incremental Lender’s name on Annex I hereto (such commitment, the “Incremental Revolving Commitment”), such that its total Revolving Credit Commitment on the Amendment No. 4 Effective Date (as defined below) shall be the amount set forth under the heading “Total Revolving Credit Commitment” opposite such Lender’s name on Annex I hereto.
Incremental Revolving Commitment. Concurrent with the Eighth Amendment Effective Time, after giving effect to the Revolving Commitment Increase pursuant to the 2022 Incremental Revolving Commitments, (x) in accordance with Section 2.19(g) of the Credit Agreement, each Revolving Lender holding Revolving Commitments immediately prior to such Revolving Commitment Increase (each such Revolving Lender, an “Existing Revolving Lender”) that has Revolving Exposure with respect to Revolving Loans that are outstanding under its Existing Revolving Commitments as of immediately prior to the Eighth Amendment Effective Time (the “Existing Revolving Loans”), will, pursuant to Section 2.19(g), assign to each 2022 Incremental Revolving Lender, and each 2022 Incremental Revolving Lender shall purchase from such Existing Revolving Lender, at the principal amount thereof, such interests in the Existing Revolving Loans outstanding as of immediately prior to the Eighth Amendment Effective Time as shall be necessary in order that, after giving effect to all such assignments and purchases under this clause (x), and taking into account all Credit Extensions of Revolving Loans made as of the Eighth Amendment Effective Time, such Existing Revolving Loans will be held by Existing Revolving Lenders and 2022 Incremental Revolving Lenders ratably in accordance with their Revolving Commitments after giving effect to the Revolving Commitment Increase pursuant to the 2022 Incremental Revolving Commitments and (y) the LC Exposure of each Revolving Lender shall be based on such Revolving Lender’s Pro Rata Share (for the avoidance of doubt, determined after giving effect to the Revolving Commitment Increase pursuant to the 2022 Incremental Revolving Commitments) of the aggregate LC Exposure. The Administrative Agent and each Issuing Bank hereby consent to each 2022 Incremental Revolving Lender to the extent required pursuant to Section 2.19 and/or Section 10.04 under the Credit Agreement.
Incremental Revolving Commitment. At any time during the Revolving Commitment Period, provided no Default or Event of Default has occurred and is continuing and subject to the conditions set forth in clause (e) below, upon notice to the Administrative Agent, the Borrower may, from time to time, request one increase to the Revolving Commitment (the “Incremental Revolving Commitment”), in an aggregate amount not to exceed $10,000,000. The Incremental Revolving Commitment shall be in the amount of at least $500,000 and integral multiples of $500,000 in excess thereof.
Incremental Revolving Commitment. (a) The New Lender hereby agrees to provide a Revolving Commitment to the Borrowers in an amount equal to its Revolving Commitment set forth on Appendix A attached hereto. The New Lender’s Revolving Commitment Percentage of the Aggregate Revolving Commitments as of the date hereof shall be as set forth on Appendix A attached hereto. The existing Appendix A to the Credit Agreement shall be deemed to be amended to include the information set forth on Appendix A attached hereto.
Incremental Revolving Commitment. 2.9 is amended in its entirety and replaced with the following:
Incremental Revolving Commitment. (a) At any time and from time to time during the Revolving Availability Period, on the terms and subject to the conditions set forth herein, the Borrower may, by notice to the Administrative Agent (whereupon the Administrative Agent shall promptly deliver a copy to each of the Revolving Lenders), request to add one or more increases in the aggregate amount of the Revolving Commitments (each such increase, an “Incremental Revolving Commitment”), provided that at the time of any such request and upon the effectiveness of any Incremental Revolving Facility Amendment (as defined below), (A) no Default has occurred and is continuing or shall result therefrom, (B) the Borrower shall be in compliance on a Pro Forma Basis with the covenants contained in Sections 6.12, 6.13, 6.14 and 6.15 recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available, (C) the Leverage Ratio on a Pro Forma Basis recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available shall not be greater than the ratio set forth in Section 6.13 for such period less 0.25 and (D) the Borrower shall have delivered a certificate of a Financial Officer to the effect set forth in clauses (A), (B) and (C) above, together with all calculations relevant thereto. Notwithstanding anything to the contrary herein, the aggregate principal amount of the Incremental Revolving Commitment shall not exceed $25,000,000. Each Incremental Revolving Commitment shall be in an integral multiple of $5,000,000 and be in an aggregate principal amount that is not less than $10,000,000, provided that such amount may be less than $5,000,000 if such amount represents all the remaining availability under the aggregate principal amount of Incremental Revolving Commitment set forth above.
Incremental Revolving Commitment. (a) Subject to the satisfaction of each of the conditions set forth in Section 4 hereof, upon the occurrence of the First Amendment Effective Date, the Revolving Lenders party hereto providing the First Amendment Incremental Revolving Commitments (each, a “First Amendment Incremental Lender”, and, collectively the “First Amendment Incremental Lenders”) hereby establish in favor of the Borrower the First Amendment Incremental Revolving Facility on the terms of, and in accordance with, this Amendment, the Existing Loan Agreement and the other Loan Documents.
Incremental Revolving Commitment. (a) Subject to the terms and conditions set forth herein, on the Amendment Effective Date (as defined below), the Incremental Revolving Commitments of each Incremental Revolving Lender, which shall terminate on the Maturity Date applicable to the Commitments outstanding under the Credit Agreement immediately prior to the Amendment Effective Date (the “Existing Commitments”) and have terms identical to the terms of the Existing Commitments (including with respect to the Applicable Rate that will apply to ABR Loans, Eurocurrency Loans and facility fees relating to such Incremental Revolving Commitments), shall become effective.
Incremental Revolving Commitment. Subject to the terms and conditions set forth herein, each 2019 Increase Revolving Lender agrees, severally and not jointly, to make Revolving Loans to the Borrower from time to time in Dollars on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such 2019 Increase Revolving Lender’s 2019 Increase Revolving Commitment set forth opposite such 2019 Increase Revolving Lender’s name on Schedule 1 hereto. The 2019 Increase Revolving Commitments shall have the same terms as the Closing Date Revolving Commitments. Each party hereto acknowledges that this Agreement shall be deemed to be an Incremental Joinder Agreement contemplated by Section 2.13(b) of the Credit Agreement for all purposes under the Credit Agreement and the other Loan Documents, and no other agreement shall be required to be executed to satisfy the requirements of Section 2.13(b) of the Credit Agreement. With effect from and including the Amendment No. 2 Effective Date, each 2019 Increase Revolving Lender shall become party to the Credit Agreement as a “Revolving Lender” and shall have all of the rights and obligations of a “Lender” and a “Revolving Lender” under the Credit Agreement and the other Loan Documents.
Incremental Revolving Commitment. (a) Subject to the terms and conditions set forth herein, on the Commitment Increase Effective Date (as defined below), the Incremental Revolving Commitments of each Incremental Revolving Lender shall become effective. The Incremental Revolving Commitments shall terminate on the Maturity Date applicable to the Revolving Commitments outstanding under the Credit Agreement immediately prior to the Commitment Increase Effective Date (the “Existing Commitments”) and have terms (including in respect of fees and interest rates) identical to the terms of the Existing Commitments.
