Increase in Facilities Sample Clauses

Increase in Facilities. With effect from the Effective Date, the aggregate amount of the Facilities shall be increased from $233,000,000 to $250,000,000 and Rabobank International, London Branch shall become a Bank.
Sample 1
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Increase in Facilities. (a) The Borrowers may, at any time, by written notice to the Administrative Agent, request an increase in the aggregate principal amount of the Facilities to an amount not exceeding $600,000,000 in the aggregate after giving effect to such increase through the addition of one or more new pari passu term loan facilities (which may be in the form of a delayed draw term loan facility) (each an “Incremental Term Loan Facility”) and/or an increase in the outstanding principal amount of the Term Loan Facility, the Delayed Draw Term Facility or any then existing Incremental Term Loan Facility (each such increase, an “Incremental Term Loan Increase”; each Incremental Term Loan Increase and Incremental Term Loan Facility are collectively referred to as a “Commitment Increase”), in the principal amount in the Term Loan Facility or any then existing Incremental Term Loan Facility, in each case by not less than $25,000,000 (or such other amount as may be agreed between the Administrative Agent and the Borrowers) to be effective as of a date that is at least ninety (90) days prior to the scheduled Termination Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Agent; provided, however, that (i) in no event shall the aggregate principal amount of the Facilities at any time exceed $600,000,000 in the aggregate, and (ii) on the date of any request by the Borrowers for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Article III shall be satisfied.
Sample 1
Increase in Facilities. (a) The Company may, at any time and from time to time, (i) request any Bank or Banks to increase their respective Revolving Commitments, or (ii) invite any other bank to become a party to this Agreement and to provide a revolving commitment, which revolving commitment shall be at least $10,000,000, to the Company. Such request may not be made later than 60 days prior to the then current Maturity Date. The Aggregate Revolving Commitment shall be increased by the amount of any such increases in the existing Revolving Commitments and the amount of any new revolving commitments; provided, however, that at no time will the Aggregate Revolving Commitment under this Agreement exceed $600,000,000 without the prior written consent of all of the Banks.
Sample 1
Increase in Facilities. 46 Third Amendment
Sample 1
Increase in Facilities 
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Related to Increase in Facilities

  • Increase in Commitments The Borrowers may from time to time, on any Business Day after the Effective Date and prior to the Termination Date so long as no Default or Event of Default exists, increase the aggregate amount of the Revolving Credit Commitments by the Company delivering a Commitment Amount Increase Request at least five (5) Business Days prior to the desired effective date of such increase (the “Commitment Amount Increase”) identifying an additional Lender (or additional Revolving Credit Commitments for existing Lender(s)) and the amount of its Revolving Credit Commitment (or additional amount of its Revolving Credit Commitment(s)); provided, however, that (i) the aggregate amount of the Revolving Credit Commitments shall not at any time exceed $850,000,000, (ii) any increase of the aggregate amount of the Revolving Credit Commitments shall be in an amount not less than $25,000,000 and (iii) each of the representations and warranties set forth in Section 7 and in the other Loan Documents shall be and remain true and correct in all material respects on the effective date of such increase (where not already qualified by materiality, otherwise in all respects), except to the extent the same expressly relate to an earlier date, in which case they shall be true and correct in all material respects (where not already qualified by materiality, otherwise in all respects) as of such earlier date. The effective date of any Commitment Amount Increase shall be agreed upon by the Company, on behalf of the Borrowers, and the Administrative Agent. Upon the effectiveness thereof, Schedule 1 shall be deemed amended to reflect the increase and the new Lender(s) (or, if applicable, existing Lender(s)) shall advance Revolving Loans, or the existing Lenders shall make such assignments (which assignments shall not be subject to the requirements set forth in Section 14.11) of the outstanding Loans and L/C Obligations to the Lenders providing the Commitment Amount Increase so that, after giving effect to such assignments, each Lender (including the Lenders providing the Commitment Amount Increase) will hold Loans and L/C Obligations equal to its Percentage of all outstanding Loans and L/C Obligations. It shall be a condition to such effectiveness that (i) either no Eurocurrency Loans be outstanding on the date of such effectiveness or the Borrowers pay any applicable breakage cost under Section 3.6 incurred by any Lender resulting from the repayment of its Loans and (ii) the Borrowers shall not have terminated any portion of the Revolving Credit Commitments pursuant to Section 3.7 hereof. The Borrowers agree to pay any reasonable expenses of the Administrative Agent relating to any Commitment Amount Increase. Notwithstanding anything herein to the contrary, no Lender shall have any obligation to increase its Revolving Credit Commitment and no Lender’s Revolving Credit Commitment shall be increased without its written consent thereto, and each Lender may at its option, unconditionally and without cause, decline to increase its Revolving Credit Commitment.

  • Increase of the Commitments (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to the Administrative Agent and acceptable to the Swingline Lender and each LC Issuing Bank, in their respective sole discretion, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

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