Common use of Request for Increase Clause in Contracts

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date request an increase in the aggregate amount of the Lenders’ Commitments by an amount (for all such requests) not exceeding $500,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 4 contracts

Samples: Joinder Agreement, Joinder Agreement (Antero Midstream GP LP), Joinder Agreement (Antero Midstream Partners LP)

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Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Parent and Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by to an amount (for all such requests) not exceeding $500,000,000300,000,000 (less the amount of any permanent reductions in the Aggregate Commitments pursuant to Section 2.05); provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or10,000,000, if less, the amount remaining available for all and (ii) Parent and Borrower may make a maximum of three (3) such increasesrequests. At the time of sending such notice, the Parent and Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 3 contracts

Samples: Credit Agreement (DLC Realty Trust, Inc.), Credit Agreement (DLC Realty Trust, Inc.), Credit Agreement (DLC Realty Trust, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), at any time after the Closing Date, the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Commitments Total Commitment by an amount (for all such requests) not exceeding $500,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or20,000,000, if less, and (ii) the amount remaining available for all Borrower may make a maximum of three such increasesrequests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 3 contracts

Samples: Credit Agreement (Staples Inc), Credit Agreement (Staples Inc), Credit Agreement (Staples Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon Upon notice to the Administrative Agent (which shall promptly notify the Revolving Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Commitments Revolving Facility by an amount (for all such requests) not exceeding $500,000,00045,000,000 (an “Incremental Facility”); provided that any such request for an increase Incremental Facility shall be in a minimum amount of $100,000,000 or5,000,000 and in increments of $1,000,000 in excess thereof, or if less, in an amount equal to the amount entire remaining available for all such increasesunused Incremental Facility. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Revolving Lender is requested to respond (which shall in no event be less than ten (10) Business Days (or such shorter period as may be agreed to by each such Revolving Lender) from the date of delivery of such notice to the Revolving Lenders).

Appears in 3 contracts

Samples: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Aggregate Commitments (which increase may take the form of additional Commitments, new revolving loan tranches, new term loan tranches or any combination of the Lenders’ Commitments foregoing) by an amount (for all such requests) not exceeding $500,000,000300,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the 25,000,000 (or such lesser amount remaining available for all such increasesapproved by Administrative Agent in writing). At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Default or Event of Default, upon notice to and the consent of the Administrative Agent (which not to be unreasonably withheld, delayed or conditioned, and the Administrative Agent, if it shall so consent, shall promptly after such consent notify the Lenders), the Borrower Borrowers may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,00050,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases25,000,000. At the time of sending such notice, the Borrower Agent (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Pacer International Inc), Credit Agreement (Pacer International Inc)

Request for Increase. Provided that immediately prior to no Default shall have occurred and after giving effect thereto there exists no Event of Defaultis then continuing, upon written notice to the Administrative Agent (which shall promptly notify the Revolving A Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Revolving A Credit Facility (or through establishment of the Lenders’ Commitments by new pari passu term loan tranches) to an amount (for all such requests) not exceeding $500,000,0001,250,000,000 in the aggregate after giving effect to such increase; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, 25,000,000 (or such lesser amount as the amount remaining available for all such increasesBorrower and the Administrative Agent may agree). At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Revolving A Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Revolving A Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Paramount Group, Inc.), Credit Agreement (Paramount Group, Inc.)

Request for Increase. Provided that there exists no Default or Event of Default immediately prior to and or after giving effect thereto there exists no Event of Defaultthereto, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may may, at any time during the period from time to time after the First Amendment Effective Closing Date through July 31, 2010, request an increase in the aggregate amount of the Lenders’ Commitments Aggregate Commitment by an amount (for all such requests) not exceeding $500,000,00040,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or10,000,000, if less, and (ii) the amount remaining available for all Borrower may make a maximum of two such increasesrequests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date request an increase in the aggregate amount of Term Loan Commitments under the Lenders’ Commitments Term Loan Facility by an amount (for all such requests) not exceeding exceeding, as of the Second Amendment Effective Date, $500,000,0000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or10,000,000, if less, the amount remaining available for all and (ii) Borrower may make a maximum of two such increasesrequests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Bgsf, Inc.), Credit Agreement (Bgsf, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Third Amendment Effective Date Date, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,00010,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or5,000,000, if less, and (ii) the amount remaining available for all Commitments provided in connection with any such increasesincrease (whether provided by an existing Lender or a new Lender) shall be Extended Commitments. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Global Geophysical Services Inc), Credit Agreement (Global Geophysical Services Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date date hereof request an increase in the aggregate amount Dollar Commitments (which increase may take the form of the Lenders’ Commitments one or more new revolving tranches) by an amount (for all such requests) not exceeding $500,000,000250,000,000; provided that (y) any such request for an increase shall be in a minimum amount of $100,000,000 or25,000,000, if less, and (z) there shall be no more than five (5) such requests during the amount remaining available for all such increasesterm hereof. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Borgwarner Inc), Credit Agreement (Borgwarner Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date request an increase in the aggregate amount of Term Loan Commitments under the Lenders’ Commitments Term Loan Facility by an amount (for all such requests) not exceeding $500,000,00040,000,000, as of the Second Amendment Effective Date, $0; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or10,000,000, if less, the amount remaining available for all and (ii) Borrower may make a maximum of two such increasesrequests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Bgsf, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Borrower Borrowers may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Term Loans or a new tranche of the Lenders’ Commitments Term Loans (an (“Incremental Tranche”) by an amount (for all such requests, when aggregated with any increases under Section 2.15) not exceeding $500,000,00050,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases5,000,000. At the time of the Lead Borrower sending such notice, the Borrower Lead Borrower, on behalf of the Borrowers (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Term Lenders).

Appears in 1 contract

Samples: Credit Agreement (Gsi Group Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Default or Event of DefaultDefault then exists or would arise therefrom, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Lead Borrower may from time to time after the First Amendment Effective Date request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000100,000,000 in the aggregate; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or25,000,000, if less, and (ii) the amount remaining available for all Lead Borrower may make a maximum of four such increasesrequests. At the time of sending such notice, the Lead Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Pep Boys Manny Moe & Jack)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Aggregate Commitments (which increase may take the form of additional Commitments, new revolving loan tranches, new term loan tranches or any combination of the Lenders’ Commitments by foregoing) to an amount (for all such requests) not exceeding $500,000,0001,050,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the 25,000,000 (or such lesser amount remaining available for all such increasesapproved by Administrative Agent in writing). At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Commitment Increase Agreement (Dream Finders Homes, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Default or Event of DefaultDefault then exists or would arise therefrom, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Lead Borrower may may, from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000100,000,000 in the aggregate (each such increase, a “Commitment Increase”); provided that any such request for an increase a Commitment Increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases25,000,000. At the time of sending such notice, the Lead Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Tuesday Morning Corp/De)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Borrower Borrowers may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Term Loans or a new tranche of the Lenders’ Commitments Term Loans (an (“Incremental Tranche”) by an amount (for all such requests, when aggregated with any increases under Section 2.15) not exceeding $500,000,000125,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases5,000,000. At the time of the Lead Borrower sending such notice, the Borrower Lead Borrower, on behalf of the Borrowers (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Term Lenders).

Appears in 1 contract

Samples: Credit Agreement (Novanta Inc)

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Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,00025,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or10,000,000, if lessand (ii) the Borrower has not, at any time prior to such request, elected to reduce the amount remaining available for all such increasesAggregate Commitments pursuant to Section 2.05. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Kellwood Co)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Revolving Credit (USD) Lenders), the Borrower may from time to time after the First Amendment Effective Date request an increase in the aggregate amount of the Lenders’ Aggregate Revolving Credit (USD) Commitments by an amount (for all such requests) not exceeding $500,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or50,000,000, if less, the amount remaining available for all and (ii) Borrower may make a maximum of ten such increasesrequests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Revolving Credit (USD) Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Aggregate Revolving Commitments (which increase may take the form of the Lenders’ Commitments new revolving loan tranches) by an amount (for all such requests) not exceeding $500,000,000250,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or50,000,000, if less, and (ii) no such request may be made later than sixty days prior to the amount remaining available for all such increasesMaturity Date. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (International Game Technology)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Aggregate Commitments (which increase may take the form of additional Commitments, new revolving loan tranches, new term loan tranches or any combination of the Lenders’ Commitments by foregoing) to an amount (for all such requests) not exceeding $500,000,0001,625,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the 25,000,000 (or such lesser amount remaining available for all such increasesapproved by Administrative Agent in writing). At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Dream Finders Homes, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon Upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments (a “Commitment Increase”) by an amount (for all such requestsrequests that are consummated) not exceeding $500,000,000100,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or20,000,000, if less, and (ii) the amount remaining available for all Borrower may make a maximum of four such increasesrequests (disregarding any such requests that are not consummated). At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period (the “Consent Period”) within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (EnLink Midstream, LLC)

Request for Increase. Provided that immediately prior (i) the Aggregate Commitments have not been voluntarily reduced pursuant to Section 2.06, and after giving effect thereto there exists (ii) no Event of DefaultDefault exists, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of Aggregate Commitments from the Lenders’ Commitments Lenders by an amount (in the aggregate for all such requests) not exceeding $500,000,000100,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases25,000,000. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Neustar Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Aggregate Commitments (which increase may take the form of the Lenders’ Commitments new revolving or term loan tranches) by an amount (for all such requests) not exceeding $500,000,000100,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or25,000,000, if less, and (ii) the amount remaining available for all Borrower may make a maximum of three such increasesrequests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Fresh Market, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Borrower Borrowers may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount Term Loans or a new tranche of the Lenders’ Commitments Term Loans (an (“Incremental Tranche”) by an amount (for all such requests, when aggregated with any increases under Section 2.15) not exceeding $500,000,000100,000,000; provided that any such request for an increase shall be in a minimum amount of $100,000,000 or, if less, the amount remaining available for all such increases5,000,000. At the time of the Lead Borrower sending such notice, the Borrower Lead Borrower, on behalf of the Borrowers (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Term Lenders).

Appears in 1 contract

Samples: Credit Agreement (Gsi Group Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date date hereof request an increase in the aggregate amount Dollar Commitments (which increase may take the form of the Lenders’ Commitments one or more new revolving tranches) by an amount (for all such requests) not exceeding $500,000,000300,000,000; provided that (y) any such request for an increase shall be in a minimum amount of $100,000,000 or25,000,000, if less, and (z) there shall be no more than five (5) such requests during the amount remaining available for all such increasesterm hereof. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Borgwarner Inc)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000100,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $100,000,000 or10,000,000, if less(ii) Borrower may make a maximum of three (3) such requests, and (iii) no such request may be submitted after the amount remaining available for all such increasesdate that is six (6) months prior to the then applicable Maturity Date. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Pledge Agreement (Sunstone Hotel Investors, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower Borrowing Agent (on behalf of the Borrowers) may from time to time after the First Amendment Effective Date time, request an increase in the aggregate amount of the Lenders’ Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000200,000,000 (the “Accordion Amount”); provided that any such request for an increase shall be in a minimum amount of $100,000,000 25,000,000 and in increments of $5,000,000 in excess thereof or, if less, the amount entire remaining available for all such increasesunused Accordion Amount. At the time of sending such notice, the Borrower Borrowing Agent (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Fresh Del Monte Produce Inc)

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