Common use of INCREASE IN THE AGGREGATE Clause in Contracts

INCREASE IN THE AGGREGATE. Commitments (a) The Borrowers may, at any time prior to the Termination Date but in any event not more than twice in any twelve month period, by notice to the Administrative Agent and in accordance with Section 2.12(b), request that the aggregate amount of the Commitments be increased by an amount of $25,000,000 or an integral multiple thereof (each a "Commitment Increase") to be effective as of a date that is at least 90 days prior to the scheduled Termination Date then in effect (the "Increase Date") as specified in the related notice to the Administrative Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $800,000,000, (ii) on the date of any request by the Borrowers for a Commitment Increase and on the related Increase Date the applicable conditions set forth in Sections 3.2(f) and 6.2 shall be satisfied and (iii) prior to the effectiveness of any such increase, the Borrowers shall deliver a certified copy of their Board of Directors' resolutions authorizing such increase.