Common use of Request for Additional Term Facility Clause in Contracts

Request for Additional Term Facility. Provided that the Borrower is in Pro Forma Compliance, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time before the Maturity Date with respect to the Term Facility, request one or more additional term loan facilities under this Agreement (each an “Additional Term Facility”); provided that (i) any such Additional Term Facility shall be in a minimum amount of $5,000,000, (ii) the Borrower may make a maximum of ten such requests, and (iii) the aggregate amount of all increases of the Revolving Credit Facility under Section 2.14 and the of Term Facility under Section 2.15 and of the Additional Term Facilities under this Section 2.16 shall not exceed $125,000,000. At the time of giving 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) as to whether it elects to participate in the requested Additional Term Facility.

Request for Additional Term Facility. Provided that the Borrower is in Pro Forma Compliance, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may from time to time before the Maturity Date with respect to the Term Facility, request one or more additional term loan facilities under this Agreement (each an “Additional Term Facility”); provided that (i) any such Additional Term Facility shall be in a minimum amount of $5,000,000, (ii) the Borrower may make a maximum of ten such requests, and (iii) the aggregate amount of all increases of the Revolving Credit Facility under Section 2.14 and the of Term Facility under Section 2.15 and of the Additional Term Facilities under this Section 2.16 shall not exceed $125,000,000100,000,000. At the time of giving 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) as to whether it elects to participate in the requested Additional Term Facility.

Request for Additional Term Facility. Provided that the Borrower no Default or Event of Default then exists and is in Pro Forma Compliancecontinuing, upon notice to the Administrative Agent (which shall promptly notify the applicable Lenders), the Borrower may from time to time before the Maturity Date with in respect to of the Term Facility, Revolving Facility request one or more additional term loan facilities under this Agreement (each an “Additional Term Facility”); provided that (i) any such Additional Term Facility shall be in a minimum amount of $5,000,00025,000,000, (ii) the Borrower may make a maximum of ten five such requests, and (iii) the aggregate principal amount of all increases of the Revolving Credit Facility under Section 2.14 and plus the aggregate principal amount of Term Facility under Section 2.15 and of the all Additional Term Facilities effected under this Section 2.16 2.15 shall not exceed $125,000,000250,000,000. At the time of After giving such noticerequest, the Borrower (in consultation with the Administrative Agent) shall specify determine each applicable Lender that will be requested to participate in the requested Additional Term Facility and the time period within which each such 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 applicable Lenders) as to whether it elects to participate in the requested Additional Term Facility.