Common use of Commitment Increase Clause in Contracts

Commitment Increase. (a) Pursuant to Section 2.06(c) of the Credit Agreement, effective as of the Effective Date (used herein as defined below) the Existing Lender’s Maximum Credit Amount is hereby increased from $[ ] to $[ ]. (b) Effective as of the Effective Date the increase in the Existing Lender’s Maximum Credit Amount hereby supplements Annex I to the Credit Agreement, such that after giving effect to the inclusion of the Maximum Credit Amount increase contemplated hereby, Annex I to the Credit Agreement is amended and restated to read as set forth on Schedule 2.06 attached hereto.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (Viper Energy Partners LP), Credit Agreement (Cabot Oil & Gas Corp), Credit Agreement (Cabot Oil & Gas Corp)

AutoNDA by SimpleDocs

Commitment Increase. (a) Pursuant to Section 2.06(c) of the Credit Agreement, effective as of the Effective Date (used herein as defined below) the Existing Lender’s Maximum Revolving Credit Amount is hereby increased from $[ ] to $[ ]. (b) Effective as of the Effective Date the increase in the Existing Lender’s Maximum Revolving Credit Amount hereby supplements Annex I to the Credit Agreement, such that after giving effect to the inclusion of the Maximum Revolving Credit Amount increase contemplated hereby, Annex I to the Credit Agreement is amended and restated to read as set forth on Schedule 2.06 attached hereto.

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Commitment Increase. (a) Pursuant to Section 2.06(c) of the Credit Agreement, effective as of the Effective Date (used herein as defined below) the Existing Lender’s Maximum Credit Amount is hereby increased from $[ ] 25,000,000.00 to $[ ]50,000,000.00. (b) Effective as of the Effective Date the increase in the Existing Lender’s Maximum Credit Amount hereby supplements Annex I to the Credit Agreement, such that after giving effect to the inclusion of the Maximum Credit Amount increase contemplated hereby, Annex I to the Credit Agreement is amended and restated to read as set forth on Schedule 2.06 attached hereto.

Appears in 1 contract

Samples: Maximum Credit Amount Increase Agreement (Northern Oil & Gas, Inc.)

Commitment Increase. (a) Pursuant to Section 2.06(c) of the Credit Agreement, effective as of the Effective Date (used herein as defined below) the Existing Lender’s Maximum Credit Amount is hereby increased from $[ [_____] to $[ [_____]. (b) Effective as of the Effective Date the increase in the Existing Lender’s Maximum Credit Amount hereby supplements Annex I to the Credit Agreement, such that after giving effect to the inclusion of the Maximum Credit Amount increase contemplated hereby, Annex I to the Credit Agreement is amended and restated to read as set forth on Schedule 2.06 attached hereto.

Appears in 1 contract

Samples: Credit Agreement (Petroquest Energy Inc)

AutoNDA by SimpleDocs

Commitment Increase. (a) Pursuant to Section 2.06(c) 4.4 of the Credit Agreement, effective as of the Effective Date (used herein as defined below) the Existing Lender’s Maximum Credit Amount Commitment is hereby increased from $[ ] to $[ ]. (b) Effective as of the Effective Date the increase in the Existing Lender’s Maximum Credit Amount Commitment hereby supplements Annex I Section 13.2(a) to the Credit Agreement, such that after giving effect to the inclusion of the Maximum Credit Commitment Amount increase contemplated hereby, Annex I Schedule 13.2(a) to the Credit Agreement is amended and restated to read as set forth on Schedule 2.06 4.4 attached hereto.

Appears in 1 contract

Samples: Credit Agreement (Kimbell Royalty Partners, LP)

Commitment Increase. (a) Pursuant to Section 2.06(c) of the Credit Agreement, effective as of the Effective Date (used herein as defined below) the Existing Lender’s Maximum Credit Amount is hereby increased from $[ ] 50,000,000.00 to $[ ]100,000,000.00. (b) Effective as of the Effective Date the increase in the Existing Lender’s Maximum Credit Amount hereby supplements Annex I to the Credit Agreement, such that after giving effect to the inclusion of the Maximum Credit Amount increase contemplated hereby, Annex I to the Credit Agreement is amended and restated to read as set forth on Schedule 2.06 attached hereto.

Appears in 1 contract

Samples: Maximum Credit Amount Increase Agreement (Northern Oil & Gas, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!