Common use of Increase in Lender's Commitment Clause in Contracts

Increase in Lender's Commitment. From time to time the Lender's Commitment of one or more Lenders determined by the Liquidity Agent, with the consent of the Securitization Agent, may be increased upon written request of the Trust addressed to the Liquidity Agent, a copy of which request the Liquidity Agent shall promptly provide to the affected Lender(s) and each other Lender, and accepted in writing by the Liquidity Agent and the affected Lender(s) not later than thirty (30) days after the receipt of such request, which acceptance may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which separate counterparts shall together constitute one and the same instrument. Should the Liquidity Agent be holding any Notes for the benefit of the Lenders at the date of the acceptance by the Liquidity Agent and the affected Lender(s) of the Trust's request to increase the Lender's Commitment of such affected Lender(s), the affected Lender(s) shall pay to the Liquidity Agent, for distribution to the other Lender(s) pro rata (based on the respective Lender's Commitments after such increase) an amount equal to the amount by which the pro rata share of the other Lender(s) before such increase exceeds their pro rata share after such increase. Effective upon the date of such acceptance, Schedule 1 hereto shall be amended to reflect the increased Lender's Commitment of the affected Lender(s), and the Liquidity Agent shall amend its books of account accordingly.