Common use of Increase in Maximum Credit Clause in Contracts

Increase in Maximum Credit. (a) Administrative Borrower may (on behalf of Borrowers), at any time, deliver a written request to Agent to increase the Maximum Credit. Any such written request shall specify the amount of the increase in the Maximum Credit that Borrowers are requesting; provided, that, (i) in no event shall the aggregate amount of any such increase in the Maximum Credit cause the Maximum Credit to exceed $40,000,000, (ii) such request shall be for an increase of not less than $2,000,000, (iii) any such request shall be irrevocable, and (iv) in no event shall more than one such written request be delivered to Agent in any calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Pacific Ethanol, Inc.)

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Increase in Maximum Credit. (a) Administrative Borrower may (on behalf of Borrowers)may, at any time, deliver a written request to Agent to increase the Maximum Credit. Any such written request shall specify the amount of the increase in the Maximum Credit that Borrowers are requesting; , provided, that, (i) in no event shall the aggregate amount of any such increase in the Maximum Credit cause the Maximum Credit to exceed $40,000,000600,000,000, (ii) such request shall be for an increase of not less than $2,000,00010,000,000, (iii) any such request shall be irrevocable, and (iv) in no event shall more than one such written request be delivered to Agent in any calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Officemax Inc)

Increase in Maximum Credit. (a) Administrative Borrower may (on behalf of Borrowers)may, at any time, deliver a written request to Agent to increase the Maximum Credit. Any such written request shall specify the amount of the increase in the Maximum Credit that Borrowers are requesting; , provided, that, (i) in no event shall the aggregate amount of any such increase in the Maximum Credit cause the Maximum Credit to exceed $40,000,000100,000,000, (ii) such request shall be for an increase of not less than $2,000,00010,000,000, (iii) any such request shall be irrevocable, and (iv) in no event shall more than one such written request be delivered to Agent in any calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Adc Telecommunications Inc)

Increase in Maximum Credit. (a) Administrative Borrower may (on behalf of Borrowers)may, at any time, deliver a written request to Agent to increase the Maximum Credit. Any such written request shall specify the amount of the increase in the Maximum Credit that Borrowers are Borrower is requesting; provided, that, (i) in no event shall the aggregate amount of any such increase in the Maximum Credit cause the Maximum Credit to exceed $40,000,00045,000,000, (ii) such request shall be for an increase of not less than $2,000,0002,500,000, (iii) any such request shall be irrevocable, and (iv) in no event shall more than one such written request be delivered to Agent in any calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Pacific Ethanol, Inc.)

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Increase in Maximum Credit. (a) Administrative Borrower may (on behalf of Borrowers)may, at any time, deliver a written request to Agent to increase the Maximum Credit. Any such written request shall specify the amount of the increase in the Maximum Credit that Borrowers are requesting; , provided, that, (i) in no event shall the aggregate amount of any such increase in the Maximum Credit cause the Maximum Credit to exceed $40,000,000500,000,000, (ii) such request shall be for an increase of not less than $2,000,00050,000,000, (iii) any such request shall be irrevocable, and (iv) in no event shall there be more than one such written request be delivered to Agent increase in any calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Builders FirstSource, Inc.)

Increase in Maximum Credit. (a) Administrative Borrower may (on behalf of Borrowers)may, at any time, deliver a written request to Agent to increase the Maximum Credit. Any such written request shall specify the amount of the increase in the Maximum Credit that Borrowers are Borrower is requesting; , provided, that, (i) in no event shall the aggregate amount of any such increase in the Maximum Credit cause the Maximum Credit to exceed $40,000,000125,000,000, (ii) such request shall be for an increase of not less than $2,000,0005,000,000, (iii) any such request shall be irrevocable, and (iv) in no event shall more than one such written request be delivered to Agent in any calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Hhgregg, Inc.)

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