Effectiveness of Commitment Increase by Borrower. On each Commitment Increase Date, (i) each Assuming Lender part of such Commitment Increase, if any, shall become a Lender hereunder as of such Commitment Increase Date with a Commitment in the amount set forth in the Joinder Agreement; and (ii) the Borrower shall deliver to the Administrative Agent and each Lender a written notice of the occurrence of the Commitment Increase Date together with a revised Schedule 1.10(a) (approved by the Administrative Agent) reflecting the Commitment Increase.
Appears in 3 contracts
Sources: Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp), Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp), Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp)