Increased Commitment Period definition
Examples of Increased Commitment Period in a sentence
Borrower has requested that the Credit Agreement be modified as set forth in this Amendment, including, without limitation, that the Increased Commitment Period be extended to and including December 31, 2020 and the amount of the Revolving Facility be temporarily increased by $35,000,000 (to $260,000,000) during the Increased Commitment Period.
Borrower has requested that the Credit Agreement be modified as set forth in this Amendment, including, without limitation, that the amount of the Revolving Facility be temporarily increased by $80,000,000 (to $280,000,000) during the Increased Commitment Period and LIBOR-based pricing for Revolving Credit Facility Usage be replaced with Term SOFR-based pricing.
Increased Commitment Period: the period commencing on February 15, 2023 and ending on the earlier to occur of (i) June 15, 2023 and (ii) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2.