Elections to Increase. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Advances and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Lender’s Pro Rata Share in respect of the Term Facility) of such requested increase. Any Lender not responding within such time period shall be deemed to have declined to increase its Advances. Any Lender approached to increase its Advances may elect to decline, in its sole discretion, to increase its Advances.
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Samples: Senior Secured Term Facility Credit Agreement (Chemtura CORP), Senior Secured Term Facility Credit Agreement (Chemtura CORP), Senior Secured Term Facility Credit Agreement (Chemtura CORP)
Elections to Increase. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Advances Commitments and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Lender’s Pro Rata Share in respect of the Term Facility) Applicable Percentage of such requested increase. Any Lender not responding within such time period shall be deemed to have declined to increase its AdvancesCommitments. Any Lender approached to increase its Advances Commitments may elect to decline, in its sole discretion, to increase its AdvancesCommitments.
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