Changes of Individual Lender Maximum Funding Amounts Clause Samples

The "Changes of Individual Lender Maximum Funding Amounts" clause defines the process by which the maximum amount each lender is permitted to fund under a loan agreement can be adjusted. Typically, this clause outlines the circumstances under which such changes can occur, such as with the consent of the affected lender and the administrative agent, and may specify notice requirements or limitations on frequency or amount. Its core practical function is to provide flexibility in the allocation of lending commitments among lenders, ensuring that the loan facility can adapt to changes in lender capacity or preferences while maintaining overall facility stability.