Common use of Revolving Commitment Increases Clause in Contracts

Revolving Commitment Increases. (a) So long as no Event of Default then exists, or would result therefrom, the Borrower Agent shall have the right at any time, and from time to time, to request one or more increases in the amount of the total Commitments in an aggregate amount not to exceed $100,000,000 or, if less, the amount by which $400,000,000 exceeds the total Commitments then in effect (such amount, the “Aggregate Incremental Capacity”). Anything contained herein to the contrary notwithstanding, the aggregate amount of Commitments and, without duplication, Loans outstanding hereunder at any time, including the aggregate amount of Revolving Commitment Increases, shall not exceed $400,000,000 at any time.

Appears in 1 contract

Samples: Credit Agreement (Northern Tier Energy, Inc.)

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Revolving Commitment Increases. (a) So long as no Default or Event of Default then exists, or would result therefrom, the Borrower Agent shall have the right at any time, and from time to time, to request one or more increases in the amount of the total Commitments in an aggregate amount not to exceed $100,000,000 200,000,000 or, if less, the amount by which $400,000,000 650,000,000 exceeds the total Commitments then in effect (such amount, the “Aggregate Incremental Capacity”). Anything contained herein to the contrary notwithstanding, the aggregate amount of Commitments and, without duplication, Loans outstanding hereunder at any time, including the aggregate amount of Revolving Commitment Increases, shall not exceed $400,000,000 650,000,000 at any time.

Appears in 1 contract

Samples: Credit Agreement (American Tire Distributors Holdings, Inc.)

Revolving Commitment Increases. (a) So long as no Event of Default then exists, or would result therefrom, the Borrower Agent shall have the right at any time, and from time to time, to request one or more increases in the amount of the total Total Revolving Commitments in an aggregate amount not to exceed $100,000,000 250,000,000 or, if less, the amount by which $400,000,000 750,000,000 exceeds the total Total Revolving Commitments then in effect (such amount, the “Aggregate Incremental Capacity”). Anything contained herein to the contrary notwithstanding, the aggregate amount of Total Revolving Commitments and, without duplication, Loans outstanding hereunder at any time, including the aggregate amount of Revolving Commitment Increases, shall not exceed $400,000,000 750,000,000 at any time.

Appears in 1 contract

Samples: Credit Agreement (Northern Tier Energy LP)

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Revolving Commitment Increases. (a) So long as no Event of Default then exists, or would result therefrom, the Borrower Agent shall have the right at any time, and from time to time, to request one or more increases in the amount of the total Commitments in an aggregate amount not to exceed $100,000,000 100,000,000150,000,000 or, if less, the amount by which $400,000,000 400,000,000450,000,000 exceeds the total Commitments then in effect (such amount, the “Aggregate Incremental Capacity”). Anything contained herein to the contrary notwithstanding, the aggregate amount of Commitments and, without duplication, Loans outstanding hereunder at any time, including the aggregate amount of Revolving Commitment Increases, shall not exceed $400,000,000 400,000,000450,000,000 at any time.

Appears in 1 contract

Samples: Credit Agreement (Northern Tier Energy LP)

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