Adjustment of Sublimits. So long as no Event of Default exists with respect to any Borrower and the representations and warranties made by each Borrower in or pursuant to the Credit Documents (excluding clause (ii) of the second paragraph of Section 7.6 and excluding Section 7.9) are true and correct in all material respects on and as of the date of a Sublimit Adjustment Letter with the same effect as if made on such date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date), upon five Business Days’ notice to the Administrative Agent pursuant to a Sublimit Adjustment Letter substantially in the form of Exhibit 2.9, the Borrowers may up to six times in a calendar year reallocate the amounts of their Sublimits between their respective Sublimits, provided that the Questar Gas Sublimit shall not at any time exceed $1,000,000,000 and the DESC Sublimit shall not at any time exceed $1,000,000,000.
Adjustment of Sublimits. So long as no Event of Default exists with respect to any Borrower and the representations and warranties made by each Borrower in or pursuant to the Credit Documents (excluding clause (ii) of the second paragraph of Section 7.6 and excluding Section 7.9) are true and correct in all material respects on and as of the date of a Sublimit Adjustment Letter with the same effect as if made on such date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date), upon five Business Days’ notice to the Administrative Agent pursuant to a Sublimit Adjustment Letter substantially in the form of Exhibit 2.9, the Borrowers may up to six times in a calendar year reallocate the amounts of their Sublimits between their respective Sublimits.
Adjustment of Sublimits. Upon any increase of the Revolving Credit Commitments pursuant to this Section 2.11 [Increase in Revolving Credit Commitments; Incremental Term Loan], the Borrower and the Administrative Agent, on behalf of the Required Lenders, will negotiate in good faith to consider increases, if appropriate and agreed to by the Borrower and the Required Lenders, of the sublimits under the Revolving Credit Commitments, and thresholds and baskets set forth in this Agreement, including without limitation Article 8 hereof, to reflect the increase of the Revolving Credit Commitments and the financial condition and business operations of the Borrower and its consolidated Subsidiaries at such time. Nothing in this Section 2.11(b)(ii) [Outstanding Letters of Credit] shall obligate the Administrative Agent or the Lenders to agree to any revisions to the sublimits, thresholds and/or baskets referenced herein.
Adjustment of Sublimits. Upon any increase of the Revolving Credit Commitments pursuant to this Section 2.11, the Borrower and the Administrative Agent, on behalf of the Required Lenders, will negotiate in good faith to consider increases, if appropriate and agreed to by the Borrower and the Required Lenders, of the sublimits under the Revolving Credit Commitments, and thresholds and baskets set forth in this Agreement, including without limitation Article 8 hereof, to reflect the increase of the Revolving Credit Commitments and the financial condition and business operations of the Borrower and its consolidated Subsidiaries at such time. Nothing in this Section 2.11(b)(ii) shall obligate the Administrative Agent or the Lenders to agree to any revisions to the sublimits, thresholds and/or baskets referenced herein.
Adjustment of Sublimits. So long as no Event of Default exists with respect to any Borrower and the representations and warranties made by each Borrower in or pursuant to the Credit Documents (excluding clause (ii) of the second paragraph of Section 7.6) are true and correct in all material respects on and as of the date of a Sublimit Adjustment Letter with the same effect as if made on such date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date), upon five Business Days’ notice to the Administrative Agent pursuant to a Sublimit Adjustment Letter substantially in the form of Exhibit 2.9, the Borrowers may up to six times in a calendar year reallocate the amounts of their Sublimits between their respective Sublimits, provided that in calendar year 2010 the Borrowers may reallocate their Sublimits hereunder only twice.
Adjustment of Sublimits. So long as no Event of Default or Unmatured Event of Default exists, the Company may from time to time change the amount of each of the UK Sublimit, the Canadian Sublimit, the EMU German Sublimit, the EMU Lux Sublimit and any EMU Member State Sublimit by giving notice of such change to the Administrative Agent and the UK Lender, the Canadian Lender or the applicable EMU Lender, as applicable (which notice shall specify the effective date of such change, which shall not be less than three Business Days after such notice is received); provided that (a) the aggregate amount available under all such Sublimits shall not exceed the lesser of US$450,000,000 or the Total Commitment; (b) the Canadian Sublimit shall not exceed the lesser of US$75,000,000 or the Total Commitment; and (c) the UK Lender, the Canadian Lender or the applicable EMU Lender, respectively, must consent to any increase in the UK Sublimit, the Canadian Sublimit, the EMU German Sublimit, the EMU Lux Sublimit or any EMU Member State Sublimit, as the case may be.
Adjustment of Sublimits. So long as no Event of Default or Unmatured Event of Default exists, the Company may from time to time change the amount of each of the UK Sublimit, the Canadian Sublimit and the German Sublimit by giving notice of such change to the Administrative Agent and the respective UK Lender, Canadian Lender and German Lender (which notice shall specify the effective date of such change, which shall not be less than three Business Days after such notice is received); provided that (a) the aggregate amount available under all such Sublimits shall not exceed the lesser of US$150,000,000 or the Total Commitment; (b) the Canadian Sublimit shall not exceed the lesser of US$40,000,000 or the Total Commitment; and (c) the UK Lender, the Canadian Lender or the German Lender, respectively, must consent to any increase in the UK Sublimit, the Canadian Sublimit or the German Sublimit, as the case may be.
