Common use of Increase in Commitment Clause in Contracts

Increase in Commitment. 1.1. Upon the satisfaction of the conditions set forth herein, the Commitment of (i) the PNC Purchaser Group shall be increased to $218,750,000 and accordingly, the reference to “$156,250,000” set forth below PNC’s signature to the Agreement shall be deemed to be a reference to the new Commitment of the PNC Purchaser Group of “$218,750,000”, and (ii) the ▇▇▇▇▇ Fargo Purchaser Group shall be increased to $131,250,000 and accordingly, the reference to “$93,750,000” set forth below ▇▇▇▇▇’ signature to the Agreement shall be deemed to be a reference to the new Commitment of the ▇▇▇▇▇ Fargo Purchaser Group of “$131,250,000.” 1.2. As provided in Section 1.2(e) of the Agreement, the Purchase Limit shall automatically increase by the amount of the increase in the Commitment consummated hereunder and shall equal $350,000,000 after giving effect to this Commitment Increase Request.