Common use of Increased Commitments Clause in Contracts

Increased Commitments. (a) Subject to the terms and conditions of this Agreement, the Lenders agree (i) to increase the Total Commitments by the Additional Commitment and (ii) subject to the remaining provisions of this clause 3.1 and clause 3.2, to increase their Commitments by a proportionate share of the Additional Commitment, which shall be calculated on a pro rata basis by reference to the proportion that its current Commitment bears to the Total Commitments prior to the increase referred to in (i) above. (b) It is agreed that the Commitments of the Lenders (other than the Refinanced Banks) shall be increased on the Restatement Date and that, subject to clause 3.2, the aggregate Additional Commitments of the Lenders who are Refinanced Banks shall initially be assumed by KfW IPEX-Bank GmbH as Lender on the Restatement Date. (c) Accordingly, as a result of the above provisions, on the Restatement Date the Commitments of the Lenders shall be as set out in Part 1 of Schedule 1.