Common use of Lender Elections to Increase Clause in Contracts

Lender Elections to Increase. Each Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such increase in the Term Facility and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the Term Facility.

Lender Elections to Increase. Each Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such increase in the Term Facility and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase, provided however that no Term Lender shall be obligated to provide an Incremental Term Commitment. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the Term Facility.

Lender Elections to Increase. Each Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such increase in the its Term Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Term Lender’s Applicable Percentage in respect of the Term Facility) of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the its Term FacilityCommitment.

Lender Elections to Increase. Each Term Lender shall notify the Term Administrative Agent within such time period whether or not it agrees to participate in such increase in the its Term Facility Loans and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Term Lender’s Applicable Percentage in respect of the Term Facility) of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the its Term FacilityLoans.

Lender Elections to Increase. Each Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Term Loans or participate in such increase in the Term Facility Incremental Tranche and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Term 87 87 Lender’s Applicable Percentage in respect of the Term Facility) of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the its Term FacilityLoans.

Lender Elections to Increase. Each Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such increase in the its Term Facility Commitment, and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Term Lender’s Applicable Percentage in respect of the Term Facility) of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the its Term FacilityLoans.

Lender Elections to Increase. Each Term Facility Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such increase in the its Term Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Term Facility Lender’s Applicable Percentage in respect of the Term Facility) of such requested increase. Any Term Facility Lender not responding within such time period shall be deemed to have declined to participate in such increase in the its Term FacilityFacility Commitment.

Lender Elections to Increase. Each Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such increase in the its Term Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage ratable portion (based on such Term Lender’s pro rata share of Commitments in respect of the Term Facility) of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the its Term FacilityCommitment.

Lender Elections to Increase. Each Term Lender so approached to provide such increase shall notify the Administrative Agent within such applicable time period whether or not it agrees to participate in such increase in the Term Facility and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage the amount of such requested increase. Any Term Lender not responding within such time period shall be deemed to have declined to participate in such increase in the Term Facility. No Term Lender shall be under any obligation to increase its Term Commitment.