Common use of Commitment Increase Clause in Contracts

Commitment Increase. (a) Subject to the conditions set forth in clauses (b) and (c) of this Section 2.14, the Borrower may request that the amount of the aggregate Commitments be increased one or more times, in each case in a minimum amount of $10,000,000 (or such lesser amount as the Administrative Agent approves) and in integral multiples of $5,000,000 (or such lesser amount as the Administrative Agent approves) in excess thereof; provided that, the aggregate Commitments may not exceed $1,700,000,000. No Lender shall have any obligation to increase its Commitment.

Appears in 4 contracts

Samples: Credit Agreement (HF Sinclair Corp), Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)

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Commitment Increase. (a) Subject to the conditions set forth in clauses (b) and (c) of this Section 2.14, the Borrower may request that the amount of the aggregate Commitments be increased one or more times, in each case in a minimum amount of $10,000,000 (or such lesser amount as the Administrative Agent approves) and in integral multiples of $5,000,000 (or such lesser amount as the Administrative Agent approves) 1,000,000 in excess thereof; provided that, the aggregate Commitments may not exceed $1,700,000,000. No Lender shall have any obligation to increase its Commitment175,000,000.

Appears in 1 contract

Samples: Credit Agreement (Holly Energy Partners Lp)

Commitment Increase. (a) Subject to the conditions set forth in clauses (b) and (c) of this Section 2.14, the Borrower may request that the amount of the aggregate Commitments be increased one or more times, in each case in a minimum amount of $10,000,000 (or such lesser amount as the Administrative Agent approves) and in integral multiples of $5,000,000 (or such lesser amount as the Administrative Agent approves) 10,000,000 in excess thereof; provided that, the aggregate Commitments may not exceed $1,700,000,000. No Lender shall have any obligation to increase its Commitment200,000,000.

Appears in 1 contract

Samples: Security Agreement (Holly Energy Partners Lp)

Commitment Increase. (a) Subject to the conditions set forth in clauses (b) and (c) of this Section 2.14, the Borrower may request that the amount of the aggregate Commitments be increased one or more times, in each case in a minimum amount of $10,000,000 (or such lesser amount as the Administrative Agent approves) and in integral multiples of $5,000,000 (or such lesser amount as the Administrative Agent approves) 1,000,000 in excess thereof; provided that, the aggregate Commitments may not exceed $1,700,000,000. No Lender shall have any obligation to increase its Commitment175,000,000.

Appears in 1 contract

Samples: Credit Agreement (Holly Energy Partners Lp)

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Commitment Increase. (a) Subject to the conditions set forth in clauses (b) and (c) of this Section 2.14, the Borrower may request that the amount of the aggregate Commitments be increased one or more times, in each case in a minimum amount of $10,000,000 (or such lesser amount as the Administrative Agent approves) and in integral multiples of $5,000,000 (or such lesser amount as the Administrative Agent approves) 10,000,000 in excess thereof; provided that, the aggregate Commitments may not exceed $1,700,000,000375,000,000. No Lender shall have any obligation to increase its Commitment.. Xxxxx Energy Partners -Operating L.P. Credit Agreement 39

Appears in 1 contract

Samples: Security Agreement (Holly Energy Partners Lp)

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