Common use of Increase Effective Date and Allocations Clause in Contracts

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 6 contracts

Sources: Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Southwest Gas Corp)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 6 contracts

Sources: Credit Agreement (Switch, Inc.), Credit Agreement (Cirrus Logic, Inc.), Credit Agreement (Switch, Inc.)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof)Increase. The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective DateDate (limited in the case of the Incremental Lenders to their own respective allocations thereof).

Appears in 4 contracts

Sources: Credit Agreement (Plantronics Inc /Ca/), Credit Agreement (ASGN Inc), Credit Agreement (On Assignment Inc)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower Borrowers shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower Borrowers and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 4 contracts

Sources: Credit Agreement (Shyft Group, Inc.), Credit Agreement (Shyft Group, Inc.), Credit Agreement (Spartan Motors Inc)

Increase Effective Date and Allocations. The Administrative Agent and the applicable US Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable US Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc)

Increase Effective Date and Allocations. The If the Commitments are increased in accordance with this Section, the Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in increase among the case of the Incremental Lenders to their own respective allocations thereof)Lenders. The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases increase and the Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Ebay Inc), Credit and Guarantee Agreement (PayPal Holdings, Inc.)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Revolving Commitment. The Administrative Agent shall promptly notify the Borrower and the Incremental Lenders of the final allocation of such Incremental Revolving Commitments and the Increase Effective Date (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Del Taco Restaurants, Inc.), Credit Agreement (Del Taco Restaurants, Inc.)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.. (d)

Appears in 2 contracts

Sources: Credit Agreement (Ubiquiti Inc.), Credit Agreement (Ubiquiti Inc.)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower Agent shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower Agent and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower Company shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase Increase. The Administrative Agent shall promptly notify the Company and the Incremental Lenders of the final allocation of such Incremental Increases (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases ) and the Increase Effective Date.

Appears in 2 contracts

Sources: Credit Agreement (Cambrex Corp), Credit Agreement (Cambrex Corp)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower Company shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations allocation thereof). The ) and the Administrative Agent shall promptly notify the applicable Borrower Company and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Tecnoglass Inc.)

Increase Effective Date and Allocations. The If the Term Commitments and/or the Revolving Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower or the applicable Designated Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in increase among the case Lenders of the Incremental Lenders to their own respective allocations thereof)such Class. The Administrative Agent shall promptly notify the Borrower or the applicable Designated Borrower and the Incremental Lenders of the final allocation of such Incremental Increases increase and the Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Cognizant Technology Solutions Corp)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower Borrowers shall determine the effective date (the “Increase Effective Date”) and the final allocation of such the Incremental Increase (limited in the case of the Incremental Lenders Lender to their its own respective allocations allocation thereof). The Administrative Agent shall promptly notify the applicable Borrower Borrowers and the Incremental Lenders Lender of the final allocation of such the Incremental Increases [AerSale] Amended and Restated Credit Agreement ​ ​ ​ Increase and the Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (AerSale Corp)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.. 146960219_6 165457743_4

Appears in 1 contract

Sources: Credit Agreement (Southwest Gas Corp)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Parent Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Parent Borrower and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Tupperware Brands Corp)

Increase Effective Date and Allocations. The Administrative Agent and the applicable Borrower Agent shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof). The Administrative Agent shall promptly notify the applicable Borrower Agent and the Incremental Lenders of the final allocation of such Incremental Increases and the Increase Effective Date.. (d)

Appears in 1 contract

Sources: Credit Agreement (Ubiquiti Inc.)