Increase in the Commitments Sample Clauses

Increase in the Commitments. Borrower may, on any Business Day prior to the Revolving Credit Termination Date, request to increase the aggregate amount of the Revolving Credit Commitments by delivering an Increase Request substantially in the form attached hereto as Exhibit H (or in such other form reasonably acceptable to Administrative Agent) to Administrative Agent (the “Revolver Increase”) identifying an additional Lender (an “Additional Lender”) or additional Revolving Credit Commitment for an existing Lender and the amount of its Revolving Credit Commitment (or additional amount of its Revolving Credit Commitment); provided, however, that: (i) the aggregate amount of all such Revolver Increases shall not exceed $75,000,000 and any such Revolver Increase shall be in an amount not less than $5,000,000 (or such lesser amount then agreed to by Administrative Agent); (ii) no Default shall have occurred and be continuing at the time of the request or the effective date of the Revolver Increase; (iii) each of the representations and warranties set forth in Section 5 and in the other Loan Documents shall be and remain true and correct in all material respects on the effective date of such Revolver Increase (where not already qualified by materiality, otherwise in all respects), except to the extent the same expressly relate to an earlier date, in which case they shall be true and correct in all material respects (where not already qualified by materiality, otherwise in all respects) as of such earlier date; and (iv) in the event that all or any portion of a Revolver Increase shall be provided by an Additional Lender, Administrative Agent, in its sole discretion, shall have consented to such Additional Lender. As a condition precedent to such an increase or addition, Borrower shall deliver to Administrative Agent (x) a certificate of each Loan Party signed by an authorized officer of such Loan Party (A) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (B) in the case of Borrower, confirming that the conditions set forth in Section 2.18(i) and (ii) above have been satisfied and (C) Borrower is in compliance (on a pro forma basis) with the covenants contained in Section 7.13 and (y) legal opinions and documents consistent with those delivered on the Closing Date, to the extent requested by Administrative Agent. The effective date of the Revolver Increase shall be agreed upon by ▇▇▇▇▇▇▇▇ and Administrative Agent. Upon the effe...
Increase in the Commitments. (a) The Company may, at any time but in any event not more than once in any calendar quarter, by means of a letter to the Administrative Agent, request that the aggregate Commitments be increased (a “Commitment Increase”) as of the date specified in such letter (the “Increase Date”) by (i) increasing the Commitment of one or more Lenders that have agreed to such increase (an “Increasing Lender”) (it being understood that no Lender shall have any obligation to increase its Commitment pursuant to this Section 2.4) and/or (ii) adding one or more Eligible Assignees as a party hereto with a Commitment in an amount agreed to by such Eligible Assignee; provided that (A) in no event shall the aggregate amount of the aggregate Commitments exceed $750,000,000 and (B) the Commitment of each such Eligible Assignee shall be in an amount of $10,000,000 or more.
Increase in the Commitments. (a) The Company may, at any time but in any event not more than once in any calendar quarter, by means of a letter to the Administrative Agent, request (i) an increase in the aggregate Commitments (a “Commitment Increase”) and/or (ii) one or more term loans (each an “Incremental Term Loan” and, together with each Commitment Increase, the “Incremental Facilities”) as of the date specified in such letter (the “Increase Date”) by (A) obtaining such Incremental Facility from one or more Lenders that have agreed to any such Commitment Increase and/or Incremental Term Loan (an “Increasing Lender”) (it being understood that no Lender shall have any obligation to increase its Commitment or provide an Incremental Term Loan pursuant to this Section 2.4) and/or (B) adding one or more Eligible Assignees as a party hereto with a Commitment and/or Incremental Term Loan in an amount agreed to by such Eligible Assignee; provided that (I) in no event shall the aggregate amount of the Incremental Facilities exceed $250,000,000 and (II) the Commitment and/or Incremental Term Loan of each such Eligible Assignee shall be in an amount of $10,000,000 or more.
Increase in the Commitments. Each Increasing Lender, as of the Increase Effective Date (as defined below), hereby agrees to increase its Commitment by the amount set forth opposite its signature hereto.
Increase in the Commitments. (a) The Borrowers may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Agent, request that the aggregate amount of the Commitments be increased by an amount of $25,000,000 or an integral multiple of $5,000,000 in excess 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 Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $750,000,000 and (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 Article III shall be satisfied.
Increase in the Commitments. (a) The Borrower may, at any time and from time to time prior to the Termination Date, by notice to the Administrative Agent, request the addition of a new facility pursuant to an increase in the Commitments (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) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.02 and in clause (d) of this Section 2.16 shall be satisfied and, to the extent such Commitment Increase is to be used to finance a Permitted Acquisition, the conditions set forth in respectively the definition of Permitted Acquisition shall be satisfied, and (ii) such new facility shall contain such other terms as may be agreed by the Borrower and the Agents.
Increase in the Commitments 
Increase in the Commitments 

Related to Increase in the Commitments

  • Increase in Commitments (a) Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $100,000,000; provided that each such increase shall be in an amount at least equal to $10,000,000. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders). Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Commitment and, if so, whether by an amount equal to, greater than, or less than its Pro Rata Share of such requested increase. Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment. The Administrative Agent shall notify the Borrower and each Lender of the Lenders’ responses to each request made hereunder. To achieve the full amount of a requested increase, the Borrower may also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form and substance satisfactory to the Borrower, the Administrative Agent and its counsel. (b) If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date. As a condition precedent to such increase, the Borrower shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Increase Effective Date (in sufficient copies for each Lender) signed by a Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) in the case of the Borrower, certifying that, before and after giving effect to such increase, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct on and as of the Extension Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that for purposes of this Section 2.13, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to subsections (a) and (b), respectively, of Section 6.01, and (B)