Request for Incremental Term Loans. From time to time, the Borrower shall have the right to enter into one or more new tranches (or increase an existing tranche) of term loans under this Agreement (each, an “Incremental Term Loan”); provided that (i) subject to the last proviso to clause (e)(i) below, no Default has occurred and is continuing, (ii) each increase or tranche of Incremental Term Loans must be in a minimum amount of $10,000,000 and in integral multiples of $5,000,000 in excess thereof (or such other amounts as are agreed to by the Borrower and the Administrative Agent), and (iii) after giving effect to all such Incremental Term Loans, the sum, without duplication, of the aggregate principal amounts of the Term A-1 Loans, the Term A-2 Loans and all such Incremental Term Loans shall not exceed $1,000,000,000. At the time of sending such notice to the Administrative Agent of the exercise of such right, the Borrower (in consultation with the Administrative Agent) shall specify the Lenders to be approached to provide all or a portion of such Incremental Term Loan (subject in each case to any requisite consents required under Section 10.06) and the time period within which each such Lender is requested to respond (which time period shall be as mutually agreed between the Borrower and the Administrative Agent).
Request for Incremental Term Loans. Upon notice to the Agent (which shall promptly notify the Lenders), the Borrower may, from time to time, request to add one (1) tranche of first-in, last-out term loans under the Loan Documents (the “Incremental Term Loans”, and any tranche of Incremental Term Loans, an “Incremental Term Loan Facility”).
Request for Incremental Term Loans. Following the Closing Date, and provided no Default or Event of Default has occurred and is continuing or would result therefrom, the Borrower may, with the consent of and in coordination with the Administrative Agent and each Lender making an Incremental Term Loan (including any New Lender in connection therewith) (each, an “Incremental Term Lender” with respect thereto), from time to time borrow one or more additional loans (all such loans made on the same terms on the same day under this Section 2.1(f) being together called an “Incremental Term Loan”) from one or more Lenders or other Persons that will, with the consent of the Borrower and the Administrative Agent, become New Lenders. Allocation of commitments with respect to any Incremental Term Loan shall be determined by the Administrative Agent in its sole discretion. No Lender shall be obligated to make or participate in any Incremental Term Loan, and no Lender (other than the Administrative Agent, in that capacity) shall have any right to object to the allocation of any Incremental Term Loans among the other Lenders. Nothing herein shall prohibit the Administrative Agent from retaining for its own account, as a Lender, all or substantially all of any Incremental Term Loan.
Request for Incremental Term Loans. Upon notice to Administrative Agent, Borrowers may request, on one occasion at any time prior to the Maturity Date, to borrow Incremental Term Loans; provided that (A) the aggregate principal amount of the Incremental Term Loans shall be in a minimum amount of $25,000,000 and in increments of $5,000,000 in excess thereof, (B) the aggregate principal amount of the Incremental Term Loans made available pursuant to this Section 2.01(c) shall not exceed $100,000,000, (C) Required Lenders consent to such increase in writing, which consent may be granted and withheld in each Lender’s discretion, and (D) in no event shall the proceeds of the Incremental Term Loans be used to prepay or repay any Loans. Administrative Agent shall notify the Lenders of such request promptly after receipt thereof.
