2022 Revolving Commitment Increase Sample Clauses

2022 Revolving Commitment Increase. (a) Effective as of the Effective Date, each 2022 Incremental Revolving Lender agrees (on a several and not joint basis) to make their respective 2022 Revolving Commitment Increase available to the Revolving Borrowers. Effective as of the Effective Date, each party hereto agrees that the Revolving Commitments and the L/C Sublimits of the Revolving Lenders shall be as set forth on Schedule I and Schedule II hereto, respectively, and that Schedule 1.1A-1 (as it relates to the Revolving Commitments) and Schedule 1.1A-2 to the Existing Credit Agreement are amended and restated as set forth on Schedule I and Schedule II hereto, respectively, as of the Effective Date. The aggregate amount of all the Revolving Commitments on the Effective Date (after giving effect to the 2022 Revolving Commitment Increase) shall be $750,000,000. (b) This Amendment constitutes an “Incremental Amendment” with respect to the establishment of the 2022 Revolving Commitment Increase as a Revolving Commitment Increase. The 2022 Revolving Commitment Increase is being established in accordance with Section 2.25 of the Existing Credit Agreement. Each of the 2022 Incremental Revolving Lenders constitutes an Incremental Revolving Lender pursuant to Section 2.25 of the Credit Agreement and, in such capacity, acknowledges the provisions of Section 2.25 of the Existing Credit Agreement. For the avoidance of doubt, commitments and loans made pursuant to the 2022 Revolving Commitment Increase shall be “Revolving Commitments”, “Revolving Loans” and “Loans”, as applicable, for all purposes under the Credit Agreement and each other Loan Document and shall be treated as the same Class and Facility as the Revolving Commitments and Revolving Loans established as of the Closing Date. Any revolving loans and other extensions of credit made pursuant to the 2022 Revolving Commitment Increase shall have terms identical to the Revolving Commitments and Revolving Loans established as of the Closing Date and shall rank pari passu in right of payment and security with such Revolving Commitments. The Borrowers and the 2022 Incremental Revolving Lenders hereby authorize the Administrative Agent to update the Register to reflect the amount, terms and date of the 2022 Revolving Commitment Increase and the identity of the 2022 Incremental Revolving Lenders.