Common use of Increase in Aggregate Revolving Commitments Clause in Contracts

Increase in Aggregate Revolving Commitments. Subject to the terms and conditions set forth herein and in the Credit Agreement (as amended by this Amendment), each of the Lenders hereby agrees to increase the amount of its respective Revolving Commitment on the Fifth Amendment Effective Date from the respective amount set forth in the applicable column opposite such Lender’s name (designated as such Lender’s “Revolving Commitment”) in the table set forth on Appendix A (Lenders, Commitments and Commitment Percentages) to the Credit Agreement, as such Appendix is in effect immediately prior to giving effect to this Amendment, to the respective amount set forth in the applicable column opposite such Lender’s name (designated as such Lender’s “Revolving Commitment”) in the table set forth on such Appendix, as in effect immediately after giving effect to this Amendment. As of the Fifth Amendment Effective Date (after giving effect to this Amendment), the aggregate principal amount of the Aggregate Revolving Commitments is Seventy-Five Million Dollars ($75,000,000), as increased from Fifty Million Dollars ($50,000,000) as of the date that is immediately prior to the effectiveness of this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Heritage Insurance Holdings, Inc.)

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