Increase in Revolving Commitments. The Borrower, the Agent, and the Banks hereby agree that the Revolving Commitments of the Banks under the Credit Agreement shall be modified to reflect the Revolving Commitments for the Banks set forth on the attached Schedule 1 and upon the effectiveness of this Agreement pursuant to Section 5 below, each such Bank's Revolving Commitment shall be the Revolving Commitment set forth on the attached Schedule 1 (such Revolving Commitment being subject to further amendment, reduction or termination pursuant to the terms of the Credit Agreement).
Appears in 2 contracts
Sources: Credit Agreement (Stone Energy Corp), Credit Agreement (Stone Energy Corp)
Increase in Revolving Commitments. The BorrowerBorrowers, the Agent, and the Banks hereby agree that the Revolving Commitments of the Banks under the Credit Agreement shall be modified to reflect the Revolving Commitments for the Banks set forth on the attached Schedule 1 and upon the effectiveness of this Agreement pursuant to Section 5 below, each such Bank's Revolving Commitment shall be the Revolving Commitment set forth on the attached Schedule 1 (and replace for all purposes the amount provided below each such Revolving Commitment being subject to further amendment, reduction or termination pursuant to Bank's name on the terms signature pages of the Credit Agreement).
Appears in 1 contract
Sources: Credit Agreement (Denali Inc)