Revolving Credit Commitment Increase. (a) Pursuant to Section 2.6 of the Credit Agreement, the Borrower confirms and agrees that it is has requested an increase in the aggregate amount of the existing Revolving Credit Commitments through the establishment of a Revolving Credit Commitment Increase in an aggregate principal amount of $75,000,000 (the “Incremental Revolving Credit Commitment”) on the Amendment No. 1 Effective Date (as defined below).
Revolving Credit Commitment Increase. (a) At any time prior to the Revolving Credit Maturity Date, the Borrower may by written notice to the Administrative Agent elect to request increases in the Revolving Credit Commitments (any such increase, “Revolving Credit Commitment Increase”); provided that (i) the total aggregate amount for all such Revolving Credit Commitment Increases shall not (as of any date of incurrence thereof) exceed an amount equal to the sum of (A) $150,000,000 less (B) the aggregate principal amount of all prior and simultaneous Incremental Term Loans made pursuant to Section 5.15 and (ii) the principal amount of each Revolving Credit Commitment Increase shall not be less than $10,000,000 or, if less, the remaining amount permitted pursuant to the foregoing clause (i). Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that any Revolving Credit Commitment Increase shall be effective, which shall be a date not less than ten (10) Business Days after the date on which such notice is delivered to Administrative Agent. The then current Revolving Credit Lenders shall have the first option to provide a portion of the Revolving Credit Commitment Increase (in accordance with their respective existing Revolving Credit Commitment Percentages), and to the extent that, within five (5) Business Days of such request, the requested Revolving Credit Commitment Increase is not fully subscribed, the Borrower may invite any Affiliate of any Lender, any Approved Fund and/or any other Person reasonably satisfactory to the Administrative Agent (together with each current Revolving Credit Lender providing a portion of the Revolving Credit Commitment Increase, the “Increasing Revolving Lenders” and each, an “Increasing Revolving Lender”) to provide the remaining portion of the Revolving Credit Commitment Increase. Any Increasing Revolving Lender offered or approached to provide all or a portion of any Revolving Credit Commitment Increase may elect or decline, in its sole discretion, to provide such Revolving Credit Commitment Increase.
Revolving Credit Commitment Increase. (a) Any additional bank, financial institution or other entity which the Borrower selects to offer participation in the increased Total Revolving Credit Commitments and which elects to become a party to the Amended Credit Agreement (as defined below) and obtain a Revolving Credit Commitment in an amount so offered and accepted by it shall execute a New Lender Supplement with the Borrower, the Administrative Agent, the Swing Line Lender and the Issuing Lenders, substantially in the form of Exhibit B (a “New Lender Supplement ”), whereupon such bank, financial institution or other entity (herein called a “New Revolving Credit Lender ”) shall become a Revolving Credit Lender for all purposes and to the same extent as if originally a party to the Amended Credit Agreement and shall be bound by and entitled to the benefits of the Amended Credit Agreement, provided that, the Revolving Credit Commitment of any such New Revolving Credit Lender shall be in an amount not less than $5,000,000.
Revolving Credit Commitment Increase. (a) Each Lender (each an “Incremental Lender”) party to this Amendment hereby severally agrees to provide the Revolving Credit Commitment Increase set forth opposite its name on Annex B attached hereto (the “First Amendment Incremental Commitments”). The First Amendment Incremental Commitments (i) shall be an increase to the Revolving Credit Commitments provided on the Closing Date, (ii) shall be subject to all of the terms and conditions set forth in the Existing Credit Agreement (including Section 2.25 thereof), (iii) shall have terms identical to the terms of the initial Revolving Credit Commitments and (iv) shall 472780/217907 - 7956476.3 remain in effect through October 30, 2023 (the “First Amendment Incremental Termination Date”).
Revolving Credit Commitment Increase. (a) The Borrower and each Increase Lender hereby agree that, subject to the satisfaction of the conditions in Section 5 hereof, on the Amendment No. 6 Effective Date, the Revolving Credit Commitment Increase of such Increase Lender shall become effective and the Revolving Credit Commitments shall be deemed increased by the amount of the Revolving Credit Commitment Increases of such Increase Lenders in the amounts set forth on Schedule 1 hereto. Pursuant to Section 2.14 of the Loan Agreement, the Revolving Credit Commitment Increases shall be Revolving Credit Commitments for all purposes under the Loan Agreement and each of the other Loan Documents and shall be of the same Class as, and shall have terms identical to, the Revolving Credit Commitments outstanding under the Loan Agreement immediately prior to the date hereof (after giving effect to any amendments hereunder).
Revolving Credit Commitment Increase. Subject to the satisfaction of the conditions precedent set forth in Section 7 below, (a) each Specified Existing Lender hereby agrees that its Revolving Credit Commitment shall be increased by the amount specified on Exhibit A attached hereto with respect to such Specified Existing Lender and (b) each Specified New Lender hereby agrees provide a new Revolving Credit Commitment in the amount specified on Exhibit A attached hereto with respect to such Specified New Lender.
Revolving Credit Commitment Increase. On the terms and subject to the conditions set forth herein, from and after the Restatement Effective Date, each Incremental Lender hereby agrees to increase and make available their Revolving Credit Commitment’s in the amount set forth on Schedule I hereto to the Borrower in accordance with the Credit Agreement.
Revolving Credit Commitment Increase. (a) Subject to the terms and conditions set forth herein, the Borrower shall have the right to request, by written notice to the Administrative Agent, an increase in the Revolving Credit Commitments hereunder (each, a “Revolving Credit Commitment Increase”) in an aggregate amount such that, after giving effect to any such Revolving Credit Commitment Increase, the aggregate principal amount of all then effective Revolving Credit Commitments does not exceed $465,000,000; provided that (i) any Revolving Credit Commitment Increase shall be on the same terms and pursuant to the documentation applicable to the Revolving Credit Commitments, except with respect to any commitment, arrangement, upfront or similar fees that may be agreed to among the Borrower and the Increase Loan Lenders and (ii) any Revolving Credit Commitment Increase shall be in a minimum amount of $10,000,000 (and increments of $1,000,000 above $10,000,000) or, if less than $10,000,000 is available, the amount left available.
Revolving Credit Commitment Increase. (a) Each Additional Lender shall, with effect from the Incremental Facility Closing Date (as defined below), become, if not already, a party to the Credit Agreement as a Revolving Credit Lender with a Revolving Credit Commitment set forth opposite such Additional Lender’s name on Annex A hereto (as such Revolving Credit Commitment may thereafter be changed from time to time pursuant to the terms of the Credit Agreement). Each Additional Lender shall, with effect from the Incremental Facility Closing Date, have the rights and obligations of a Revolving Credit Lender under the Credit Agreement and the other Loan Documents.
Revolving Credit Commitment Increase. Prior to the date hereof, the Borrower has proposed to increase the Revolving Credit Commitments to an aggregate amount of $75,000,000 pursuant to the provisions of Section 1.15 of the Credit Agreement. Certain of the Lenders have, pursuant to the provisions of said Section 1.15, elected to increase their respective Revolving Credit Commitments such that the Revolving Credit Commitments of the Lenders effective from and after the date hereof shall be: Hxxxxx Trust and Savings Bank $ 21,875,000.00 Bank of America, N.A. $ 21,875,000.00 Wxxxx Fargo Bank, National Association $ 15,625,000.00 Wachovia Bank, N.A. $ 15,625,000.00 In connection with such increase, the Borrower shall on the date hereof pay each Lender increasing its Revolving Credit Commitment a fee of 0.10% on the amount of such increase (the “Commitment Increase Fee”).
