Commitment Increase definition
Examples of Commitment Increase in a sentence
The Borrowers hereby certify that: (A) each of the conditions set forth in Section 4.02 of the Credit Agreement applicable to the Commitment Increase has been satisfied on or prior to the Increase Effective Date; (B) no Default or Event of Default has occurred and is continuing or would result from giving effect to the Commitment Increase on such Increase Effective Date; and (C) after giving pro forma effect to the Commitment Increase, the LTV Ratio does not exceed the LTV Maximum Threshold.
The Commitment Increase Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.18.