Increase Request. Each Increase Request from the Borrower shall set forth the requested principal amount of the increase, the proposed terms of the increase and applicable Facility to which the request relates. Incremental Commitments may be provided by (i) an existing Lender (but no Lender shall be obligated to provide an Incremental Commitment, nor shall the Borrower have any obligation to approach any existing Lenders to provide an Incremental Commitment) or (ii) any other bank, financial institution or investor so long as any such Person is approved by the Administrative Agent and any other Person who would have consent rights pursuant to Section 10.06(b) if such bank or other financial institution was becoming a Lender under the Facility to which such Incremental Commitment relates. Subject to any such consents being received, any such bank, financial institution or investor may become a party to this Agreement by entering into a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent.
Appears in 3 contracts
Sources: Omnibus Amendment Agreement (Peabody Energy Corp), Omnibus Amendment Agreement (Peabody Energy Corp), Credit Agreement (Peabody Energy Corp)