Revolving Commitment Increase definition
Examples of Revolving Commitment Increase in a sentence
Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Revolving Credit Assumption Agreement, this Agreement shall be amended as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to reflect the existence and terms of the Revolving Commitment Increase, as applicable, or otherwise to effect the provisions of this Section 2.1(f), notwithstanding any requirements of Section 10.12.
Any Revolving Commitment Increase shall be denominated in U.S. Dollars.
Each Commitment Increase Notice shall set forth (i) the amount of the Revolving Commitment Increase being requested, (ii) the date on which such Revolving Commitment Increase is requested to become effective and (iii) whether such Revolving Commitment Increase is requested to take the form of the FILO Facility (a notice under this subclause (iii), a "FILO Facility Request").
The proceeds of each Revolving Commitment Increase may be used for any transaction permitted under this Agreement.