Commitment Increase Notice. If one or more subscriptions to participate in a requested Accordion Increase are obtained, the Administrative Agent shall provide to each Lender a notice setting forth (i) the amount and terms of the Accordion Increase and, after giving effect thereto, the aggregate Commitments, (ii) the effective date of the Accordion Increase, and (iii) for each Lender under the Agreement, its respective Commitment and Applicable Percentage of the aggregate Commitments after giving effect to the Accordion Increase.
Appears in 2 contracts
Sources: Credit Agreement (Louisiana-Pacific Corp), Credit Agreement (Louisiana-Pacific Corp)