Revolver Increase has the meaning assigned to that term in Section 2.2.
Revolver Increase has the meaning set forth in Section 2.19(a).
Revolver Increase as defined in Section 2.8.
Examples of Revolver Increase in a sentence
Lenders shall have no obligation and no right to participate in any Revolver Increase.
The notice from Borrowers pursuant to this Section shall set forth the requested amount of such Revolver Increase.
Unless otherwise agreed to by the Borrower, Agent and Lenders providing any Revolver Increase, no closing fees or other transaction costs (other than those expressly called for under this Agreement) shall be required by the Lender in connection with a Revolver Increase.
Notwithstanding anything to the contrary herein, no Lender shall have any obligation to increase its Revolver Commitment to provide all or any portion of a Revolver Increase.
Agent shall use commercially reasonable efforts to arrange for the syndication of any Borrower Revolver Increase.
More Definitions of Revolver Increase
Revolver Increase is defined in Section 2.18(a).
Revolver Increase shall have the meaning set forth in Section 2.04 hereof.
Revolver Increase means an increase in the Revolving Loan Commitment Amount after the Effective Date in the aggregate of up to the lesser of $15,000,000 and the Maximum Incremental Amount; provided that, (a) the Borrower gives the Administrative Agent at least ten (10) days prior written notice; (b) no Default or Event of Default shall have occurred and be continuing or would reasonably be expected to result after giving Pro Forma Effect to such increase in the Revolving Loan Commitment Amount; (c) the Borrower shall deliver a Compliance Certificate to the Administrative Agent evidencing compliance with the financial covenants set forth in Section 7.2.4 after giving Pro Forma Effect to any Revolver Increase; (d) the aggregate of any original issue discount or upfront fees applicable to any such Revolver Increase shall not be more than 1% of the principal amount of such Revolver Increase; (e) the Borrower has executed and delivered any Notes requested under Section 2.2 regarding such Revolver Increase, and (f) the Borrower shall have delivered any modifications or additional Real Property Documents as the Administrative Agent shall have requested in its sole discretion pursuant to such Revolver Increase.
Revolver Increase has the meaning specified therefor in Section 2.2 of the Agreement.
Revolver Increase means an increase in the Revolving Loan Commitment Amount after the Amendment Effective Date in the aggregate of up to the lesser of $15,000,000 and the Maximum Incremental Amount; provided that, (a) the Borrower gives the Administrative Agent at least ten (10) days prior written notice; (b) no Default or Event of Default shall have occurred and be continuing or result after giving effect to such increase in the Revolving Loan Commitment Amount; (c) the Loan Parties shall be in compliance after giving effect to any Revolver Increase with all covenants set forth in the Loan Documents, including the financial covenants set forth in Section 7.2.4; (d) compliance with clause (c) (calculated after giving effect to such Revolver Increase) shall be evidenced by a Compliance Certificate delivered to the Administrative Agent; (e) the aggregate of any original issue discount or upfront fees applicable to any such Revolver Increase shall not be more than 1% of the principal amount of such Revolver Increase; (f) the Borrower has executed and delivered any Notes requested under Section 2.2 regarding such Revolver Increase, and (g) the Borrower shall have delivered any modifications or additional Real Property Documents as the Administrative Agent shall have requested in its sole discretion pursuant to such Revolver Increase.
Revolver Increase means an increase of up to $5,000,000 in the aggregate in the Revolving Loan Commitment Amount; provided that, (i) Required Lenders consent to such increase; (ii) the Borrowers give the Administrative Agent at least ten (10) days prior written notice; (iii) no Default or Event of Default shall have occurred and be continuing or result after giving effect to such increase in the Revolving Loan Commitment Amount; and (iv) the Borrowers shall be in compliance, on a pro forma basis after giving effect to such increase in the Revolving Loan Commitment Amount, with all covenants set forth in this Agreement, including the financial covenants set forth in Section 7.2.4, and such compliance shall be evidenced by a Compliance Certificate delivered to the Administrative Agent.
Revolver Increase has the meaning set forth in Subsection 1.1(B)(i).