Common use of Increase in Term Loan Commitments Clause in Contracts

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Commitments or commitments to make Term Loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS").

Appears in 3 contracts

Samples: Credit Agreement (Cb Richard Ellis Services Inc), Credit Agreement (Cb Richard Ellis Services Inc), Credit Agreement (Koll Donald M)

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Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Commitments or commitments to make Term Loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANSOther Term Loans").

Appears in 3 contracts

Samples: Credit Agreement (Malek Frederic V), Credit Agreement (Blum Capital Partners Lp), Credit Agreement (Fs Equity Partners Iii Lp)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 1,000,000 and a minimum amount of $10,000,000 5,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Term Loan Commitments or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS"“Other Term Loans”).

Appears in 2 contracts

Samples: Credit Agreement (Marathon Power Technologies Co), Credit Agreement (Transdigm Inc)

Increase in Term Loan Commitments. (a) The Any Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lendersfinancial institutions, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 1,000,000 and a minimum amount of $10,000,000 5,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which Loans are to be made pursuant to such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor or more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Commitments commitments to make loans with terms identical to the Initial Term Loans or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Initial Term Loans ("OTHER TERM LOANS"“Other Term Loans”).

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement and Waiver (Wellcare Health Plans, Inc.)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are commitments to be Tranche A Commitments, Tranche B Commitments make additional Term Loans or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS"“Other Term Loans”).

Appears in 2 contracts

Samples: Credit Agreement (Cb Richard Ellis Group Inc), Credit Agreement (Cbre Holding Inc)

Increase in Term Loan Commitments. (a) The Borrower Borrowers may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such Each such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Commitments or commitments to make Term Loans or commitments to make term loans with economic terms (such as interest rates, maturities and amortization schedules) that are different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANSOther Term Loans").

Appears in 1 contract

Samples: Credit Agreement (Anteon International Corp)

Increase in Term Loan Commitments. (a) The Borrower Borrowers may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such Each such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Term Loan Commitments, Tranche B Commitments or commitments to make Term Loans term loans with the same economic terms different from as the Tranche A Term Loans or commitments to make term loans with economic terms (such as interest rates, maturities and Tranche B amortization schedules) that are different from the Term Loans ("OTHER TERM LOANSOther Term Loans").

Appears in 1 contract

Samples: Credit Agreement (Anteon International Corp)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an aggregate amount not to exceed the Incremental Term Loan Debt Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 5,000,000 and in increments of $1,000,000 in excess thereof (or equal to such lesser amount as shall be approved by the remaining Incremental Term Loan AmountAdministrative Agent)), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which date shall be prior to March 15, 2010 and shall not be less than 10 Business Days nor more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Term Loan Commitments or commitments to make Term Loans term loans with certain terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS"“Other Term Loans”), subject to the provisions herein.

Appears in 1 contract

Samples: Credit Agreement (True Temper Sports Inc)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Debt Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 1,000,000 and a minimum amount of $10,000,000 5,000,000 or equal to the remaining Incremental Term Loan Debt Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Term Loan Commitments or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANSOther Term Loans").

Appears in 1 contract

Samples: Credit Agreement (Buffets Inc)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an aggregate amount not to exceed the lesser of (i) $25,000,000 and (ii) the Incremental Term Loan Debt Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 1,000,000 and a minimum amount of $10,000,000 5,000,000 or equal to the remaining Incremental Term Loan Debt Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Term Loan Commitments or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS"“Other Term Loans”).

Appears in 1 contract

Samples: Credit Agreement (Buffets Inc)

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Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided PROVIDED, that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 90 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Commitments or commitments to make Term Loans term loans with economic terms (such as interest rate, amortization schedule and maturity date) different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS").

Appears in 1 contract

Samples: 1 and Agreement (Monterey Carpets Inc)

Increase in Term Loan Commitments. (a) The Any Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lendersfinancial institutions, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 1,000,000 and a minimum amount of $10,000,000 5,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which Loans are to be made pursuant to such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor or more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Commitments commitments to make loans with terms identical to the Initial Term Loans or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Initial Term Loans ("OTHER TERM LOANS").

Appears in 1 contract

Samples: Credit Agreement (Wellcare Group Inc)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to timeAgent, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are commitments to be Tranche A Commitments, Tranche B Commitments make additional Term Loans or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANSOther Term Loans").

Appears in 1 contract

Samples: Credit Agreement (Overnite Corp)

Increase in Term Loan Commitments. (a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Term Loan Commitments or commitments to make Term Loans term loans with economic terms (such as interest rates, maturities and amortization schedules) that are different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS").

Appears in 1 contract

Samples: Waiver and Agreement (Anteon International Corp)

Increase in Term Loan Commitments. (ai) The Borrower Company may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, which may include any existing Lender; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan Commitments are to be Tranche Term A Commitments, Tranche Term B Commitments or commitments to make Term Loans with terms different from the Tranche Term A Term Loans and Tranche Term B Term Loans ("OTHER TERM LOANSOther Term Loans"). Each Lender may in its sole discretion agree or decline to provide Incremental Term Loan Commitments.

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

Increase in Term Loan Commitments. (a) The Borrower Polypore may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Term Loan Amount from one or more Incremental Term Lenders, Lenders (which may include any existing Lender) willing to provide such Incremental Term Loans in their own discretion; provided provided, that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $5,000,000 1,000,000 and a minimum amount of $10,000,000 25,000,000 or equal to the remaining Incremental Term Loan Amount), (ii) the date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), ) and (iii) whether such Incremental Term Loan Commitments are to be Tranche A Commitments, Tranche B Term Loan Commitments or commitments to make Term Loans term loans with terms different from the Tranche A Term Loans and Tranche B Term Loans ("OTHER TERM LOANS"“Other Term Loans”).

Appears in 1 contract

Samples: Credit Agreement (Polypore, Inc.)

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