Common use of Incremental Term Loan Commitments Clause in Contracts

Incremental Term Loan Commitments. (a) The Company may, by written notice to the Administrative Agent, request Incremental Term Loan Commitments in an aggregate amount not to exceed the Incremental Facility Amount at such time, from one or more Incremental Term Lenders (which may include any existing Lender willing to provide the same, in their own discretion); provided that each such Person, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (acting reasonably). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $1,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Facility Amount), the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice, unless otherwise agreed to by the Administrative Agent) and (iii) whether such Incremental Term Loan Commitments are to be Term Loan Commitments or commitments to make term loans with terms different from the Term Loans (“Other Term Loans”).

Incremental Term Loan Commitments. (a) The Company Borrower may, by written notice to the Administrative AgentAgent from time to time, request Incremental Term Loan Commitments in an aggregate amount not to exceed the Incremental Facility Term Loan Amount at such time, from one or more Incremental Term Lenders Loan Lenders, each of which must be (which may include i) an existing Lender, (ii) any Affiliate or Approved Fund of any existing Lender willing to provide the same, in their own discretion); provided that each such Person, if or (iii) any other Person acceptable (which acceptance shall not already a Lender hereunder, shall be subject unreasonably withheld or delayed) to the approval of the Administrative Agent (acting reasonably)Agent. Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $1,000,000 and a minimum amount of $10,000,000 5,000,000 or such lesser amount equal to the remaining Incremental Facility Term Loan Amount), ) and (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice, unless otherwise agreed to by the Administrative Agent) and (iii) whether such Incremental Term Loan Commitments are to be Term Loan Commitments or commitments to make term loans with terms different from the Term Loans (“Other Term Loans”).

Incremental Term Loan Commitments. (a) The Company mayBorrower may make one or more requests, by written notice to the Administrative AgentAgent at any time after the Effective Date and prior to the Maturity Date, request Incremental Term Loan Commitments in an aggregate amount not to exceed the Incremental Facility Amount at $50,000,000 for all such time, requests from one or more Incremental Term Lenders (Lenders, which may include any existing Lender willing (each of which shall be entitled to provide the same, agree or decline to participate in their own its sole discretion); provided that each such PersonIncremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (acting reasonably)Agent, and in no event shall the Borrower or any Affiliate of Borrower be an Incremental Term Lender. Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $1,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Facility Amount10,000,000), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice, unless otherwise agreed to by the Administrative Agent) (the “Increase Effective Date”) and (iii) whether such Incremental Term Loan Commitments are to be Term Loan Commitments for Loans or commitments to make term loans with terms different from the Term Loans (“Other Term Loans”).