Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than 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 amount of the Commitments at any time exceed $2,000,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 shall be satisfied.
Appears in 5 contracts
Samples: Credit Agreement (Applied Materials Inc /De), Credit Agreement (Applied Materials Inc /De), Credit Agreement (Applied Materials Inc /De)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event time, whether or not more than once in any calendar year prior the Commitments have been reduced pursuant to the Termination DateSection 4.5, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an amount of $10,000,000 or an integral multiple of $5,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 450,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 5.2 shall be satisfied.
Appears in 3 contracts
Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Inc)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the latest Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the latest 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 amount of the Commitments at any time exceed $2,000,000,000 800,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 3 contracts
Samples: Assignment and Assumption (ManpowerGroup Inc.), Assignment and Assumption (ManpowerGroup Inc.), Five Year Credit Agreement (ManpowerGroup Inc.)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 1,000,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Manpower Inc /Wi/), Five Year Credit Agreement (Manpower Inc /Wi/)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 400,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time (but no more than twice in any event not more than once in any calendar year prior to the Termination Dateconsecutive 12-month period), by written notice to the Administrative Agent, request that an increase in the aggregate amount of the Revolving Credit Commitments be increased by an amount of not less than $10,000,000 or an integral multiple thereof 5,000,000 (each such proposed increase, a “Commitment Increase”) to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 200,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Security Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time (but no more than twice in any event not more than once in any calendar year prior to the Termination Dateconsecutive 12-month period), by written notice to the Administrative Agent, request that an increase in the aggregate amount of the Revolving Credit Commitments be increased by an amount of not less than $10,000,000 or an integral multiple thereof 5,000,000 (each such proposed increase, a “Commitment Increase”) to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 325,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)
Increase in the Aggregate Commitments. (a) The Borrower Borrowers may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $EUR 10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 EUR 200,000,000 and (ii) on the date of any request by the Borrower Borrowers for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Year Credit Agreement (Lubrizol Corp), Year Credit Agreement (Lubrizol Corp)
Increase in the Aggregate Commitments. (a) The Borrower Company may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 2,500,000,000 and (ii) on the date of any request by the Borrower Company for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event time, whether or not more than once in any calendar year prior the Commitments have been reduced pursuant to the Termination DateSection 4.5, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an amount of $10,000,000 or an integral multiple of $5,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 1,800,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 5.2 shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Inc)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount integral multiples of $10,000,000 or an integral multiple in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 350,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Applied Materials Inc /De), Day Credit Agreement (Applied Materials Inc /De)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Facility Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the scheduled Facility 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 amount of the Commitments at any time exceed $2,000,000,000 500,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 Article IV shall be satisfied.
Appears in 2 contracts
Samples: Assignment and Assumption (Aon Corp), Credit Agreement (Aon Corp)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time (but in any event not no more than once in any calendar year prior to the Termination Dateconsecutive 12-month period), by written notice to the Administrative Agent, request that an increase in the aggregate amount of the Revolving Credit Commitments be increased by an amount of not less than $10,000,000 or an integral multiple thereof 5,000,000 (each such proposed increase, a “Commitment Increase”) to be effective as of a date that is not later than at least 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 however, that (i) in no event shall the aggregate amount of the Commitments Revolving Credit Facility at any time exceed $2,000,000,000 650,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount integral multiples of $10,000,000 or an integral multiple in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 300,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Day Credit Agreement (Applied Materials Inc /De), Day Credit Agreement (Applied Materials Inc /De)
Increase in the Aggregate Commitments. (a) The Borrower Company may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 350,000,000 and (ii) on the date of any request by the Borrower Company for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 2 contracts
Samples: Day Credit Agreement (Goodrich Corp), 364 Day Credit Agreement (Goodrich Corp)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once twice in any calendar year prior to the latest Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the latest 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 amount of the Commitments at any time exceed $2,000,000,000 2,500,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Date no Default shall have occurred and be satisfiedcontinuing.
Appears in 2 contracts
Samples: Credit Agreement (Kroger Co), Credit Agreement (Kroger Co)
Increase in the Aggregate Commitments. (a) The Borrower Company may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 50,000,000 or an integral multiple of $50,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 1,500,000,000 and (ii) on the date of any request by the Borrower Company for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once twice in any calendar year prior to the latest Termination Date, by notice to the Administrative Paying Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the latest scheduled Termination Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Paying Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 4,000,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Date no Default shall have occurred and be satisfiedcontinuing.
Appears in 1 contract
Samples: Credit Agreement (Kroger Co)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 500,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Paying Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof (each each, a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the scheduled Termination Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Paying Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 150,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the final Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the scheduled final 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 amount of the Commitments at any time exceed $2,000,000,000 700,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 3.02 shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower Company may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 50,000,000 or an integral multiple of $50,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 1,250,000,000 and (ii) on the date of any request by the Borrower Company for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 50,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 400,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Samples: Credit Agreement (International Flavors & Fragrances Inc)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the latest Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 20,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the latest 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 amount of the Commitments at any time exceed $2,000,000,000 800,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Date no Default shall have occurred and be satisfiedcontinuing.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 400,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 200,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once twice in any calendar year prior to the latest Termination Date, by notice to the Administrative Paying Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 90 days prior to the latest scheduled Termination Date then in effect (the “"Increase Date”") as specified in the related notice to the Administrative Paying Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 3,000,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Date no Default shall have occurred and be satisfiedcontinuing.
Appears in 1 contract
Samples: Year Credit Agreement (Kroger Co)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior and from time to the Termination Datetime, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an aggregate amount of up to $10,000,000 or an integral multiple thereof 50,000,000 (each a “Commitment an ‘Accordion Increase”’ and collectively the ‘Accordion Increases’) to be effective as of a the date that is not later than 90 days prior upon which the conditions set forth in Section 1.5(d) below are fulfilled to the scheduled Termination Date then in effect satisfaction of the Agent (the “Increase each such date an ‘Accordion Effective Date”) as specified in the related notice to the Administrative Agent’); provided, however however, that (i) in no event shall the aggregate amount of the Commitments at any time hereunder exceed $2,000,000,000 150,000,000, and (ii) on no Default or Event of Default shall have occurred and be continuing as of the date of such request or as of any request by the Borrower for a Commitment Increase and on the related Increase Accordion Effective Date, the applicable conditions set forth in Section 3.03 or shall be satisfiedoccur as a result thereof.
Appears in 1 contract
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the final Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the scheduled final 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 amount of the Commitments at any time exceed $2,000,000,000 600,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 3.02 shall be satisfied.
Appears in 1 contract
Samples: Credit Agreement (Hillenbrand, Inc.)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 50,000,000 or an integral multiple of $10,000,000 in excess thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 300,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Samples: Day Credit Agreement (International Flavors & Fragrances Inc)
Increase in the Aggregate Commitments. (a) The Borrower Parent may, at any time but in any event not more than once in any calendar year prior to the latest Facility Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Aggregate Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the latest scheduled Facility 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 amount of the Commitments at any time exceed $2,000,000,000 1,500,000,000 and (ii) on the date of any request by the Borrower Parent for a Commitment Increase and on the related Increase Date, Date the applicable conditions set forth in Section 3.03 Article IV shall be satisfied.
Appears in 1 contract
Samples: Assignment and Assumption (Aon PLC)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the latest Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 25,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the latest 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 amount of the Commitments at any time exceed $2,000,000,000 750,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
Appears in 1 contract
Samples: Credit Agreement (Intuit Inc)
Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once three times in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 or an integral multiple thereof (each a “"Commitment Increase”") to be effective as of a date that is not later than 90 at least 60 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 amount of the Commitments at any time exceed $2,000,000,000 400,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
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Increase in the Aggregate Commitments. (a) The Borrower Company may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments Commitment be increased by an amount of $10,000,000 50,000,000 or an integral multiple of $50,000,000 in excess thereof (each a “Commitment Increase”) to be effective as of a date that is not later than at least 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 amount of the Commitments at any time exceed $2,000,000,000 1,750,000,000 and (ii) on the date of any request by the Borrower Company for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
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Increase in the Aggregate Commitments. (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Datetime, by written notice to the Administrative Agent, request that an increase in the aggregate amount of the Revolving Credit Commitments be increased and/or the Term Loan Commitments by an amount of not less than $10,000,000 or an integral multiple thereof 5,000,000 (each a such proposed increase, an “Commitment Increase”) to be effective as of a date that is not later than at least 90 days prior to the applicable scheduled Termination Maturity Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Agent; provided, however however, that (i) in no event shall the aggregate amount of the Commitments Facilities at any time exceed $2,000,000,000 600,000,000, (ii) in no event shall the aggregate amount of Increases exceed $300,000,000, and (iiiii) on the date of any request by the Borrower for a Commitment an Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 Article III shall be satisfied.
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