Common use of Increase of Total Commitment Clause in Contracts

Increase of Total Commitment. Unless a Default or Event of Default has occurred and is continuing, the Borrowers may request that the Total Commitment be increased by an aggregate amount of up to $10,000,000 provided that the Total Commitment shall not in any event exceed $125,000,000 hereunder, subject to the approval of the Agent, provided, however, that (i) any Bank which is a party to this Credit Agreement prior to such increase shall have the first option, and 27 -21- may elect, to fund its pro rata share of the increase, thereby increasing its Commitment hereunder, but no Bank shall be required to do so, (ii) in the event that it becomes necessary to include a new Bank to provide additional funding under this Section 2.2.2, such new Bank must be reasonably acceptable to the Agent and the Borrowers, and (iii) Banks' Commitment percentages shall be correspondingly adjusted, as necessary, to reflect any increase in the total commitment and Schedule 1 shall be amended to reflect such adjustments.

Increase of Total Commitment. Unless a Default or Event of Default has occurred and is continuing, the Borrowers may request that the Total Commitment be increased by an aggregate amount of up to $10,000,000 15,000,000 provided that the Total Commitment shall not in any event exceed $125,000,000 225,000,000 hereunder, subject to the approval of the Agent, provided, however, that (i) any Bank which is a party to this Credit Agreement prior to such increase shall have the first option, and 27 -21- may elect, to fund its pro rata share of the increase, thereby increasing its Commitment hereunder, but no Bank shall be required have any obligation to do so, (ii) in the event that it becomes necessary to include a new Bank to provide additional funding under this Section 2.2.2, such new Bank must be reasonably acceptable to the Agent and the Borrowers, and (iii) the Banks' Commitment percentages Percentages shall be correspondingly adjusted, as necessary, to reflect any increase in the total commitment and Schedule 1 shall be amended to reflect such adjustments.

Increase of Total Commitment. Unless a Default or Event of Default has occurred and is continuing, the Borrowers may request that the Total Commitment be increased by an aggregate amount of up to $10,000,000 provided that the Total Commitment shall not in any event exceed $125,000,000 hereunderrequest, subject to the approval of the Administrative Agent, that the Total Commitment be increased, provided that the Total Commitment shall not, except with the consent of the Majority Banks, in any event exceed $425,000,000 hereunder, provided, however, that (i) any Bank which is a party to this Credit Agreement prior to such increase shall have the first option, and 27 -21- may elect, to fund its pro rata share of the increase, thereby increasing its Commitment hereunder, but no Bank shall be required have any obligation to do so, (ii) in the event that it becomes necessary to include a new Bank to provide additional funding under this Section §2.2.2, such new Bank must be reasonably acceptable to the Administrative Agent and the Borrowers, and (iii) the Banks' Commitment percentages Percentages shall be correspondingly adjusted, as necessary, to reflect any increase in the total commitment and Schedule Total Commitment andSchedule 1 shall be amended to reflect such adjustments.