Examples of Increase Confirmation in a sentence
A new lender that holds a passport under the HMRC DT Treaty Passport scheme, and which wishes that scheme to apply to this Agreement, shall include an indication to that effect (for the benefit of the Administrative Agent and without liability to any Loan Party) by including its scheme reference number and its jurisdiction of tax residence in the Assignment and Assumption or Increase Confirmation which it executes.
Each Lender that has, as of the Signing Date, a commitment under the Finco Interim Facility shall, upon the cancellation or payment in full of all principal and accrued interest outstanding under the Finco Interim Facility, execute and deliver to the Administrative Agent an Increase Confirmation, reflecting an increase in such Lender’s Initial Revolving Credit Commitment in a principal amount equal to the amount set forth on Schedule 2.01(b)(ii).