Common use of Increase in the Maximum Commitment Clause in Contracts

Increase in the Maximum Commitment. (a) Administrative Agent shall, at the request of Borrower from time to time, increase the Maximum Commitment to the amount requested by Borrower by: (x) admitting additional committed lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (each, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c):

Appears in 7 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending VIII LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC)

AutoNDA by SimpleDocs

Increase in the Maximum Commitment. (a) Administrative Agent shall, at the request of Borrower Borrowers from time to time, increase no more than six times, the Maximum Commitment to the amount requested by Borrower Borrowers by: (x) admitting additional committed lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (each, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c2.17(b):

Appears in 4 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

Increase in the Maximum Commitment. (a) Administrative Agent shall, at the request of Borrower from time to time, increase the Maximum Commitment to the amount requested by Borrower by: (x) admitting additional committed lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (each, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c2.14(c):

Appears in 2 contracts

Samples: Credit Agreement (TCW Direct Lending LLC), Credit Agreement (TCW Direct Lending LLC)

Increase in the Maximum Commitment. (aab) Subject to the internal credit approval of the Administrative Agent and the written consent of each Lender, the Administrative Agent shall, at the request of Borrower from time to timeBorrower, increase the Maximum Commitment to the amount requested by Borrower by: by (x) admitting Eligible Assignee as additional committed lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (eacheach such Lender, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c2.16(b):

Appears in 1 contract

Samples: Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)

Increase in the Maximum Commitment. (a) Administrative Agent shallmay, in its sole discretion, at the request of Borrower Borrowers from time to time, increase the Maximum Commitment to the amount requested by Borrower Borrowers by: (x) admitting additional committed lenders Lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (each, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c2.14(b):

Appears in 1 contract

Samples: Escrow Agreement (SLR Hc BDC LLC)

AutoNDA by SimpleDocs

Increase in the Maximum Commitment. (a) Administrative Agent shall, at the request of Borrower from time to timethe Borrower, increase the Maximum Commitment one or more times to the amount requested by the Borrower by: (x) admitting additional committed lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (each, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c)::

Appears in 1 contract

Samples: Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.)

Increase in the Maximum Commitment. (a) The Administrative Agent shallmay, in its sole discretion, at the request of Borrower the Borrowers from time to time, increase the Maximum Commitment to the amount requested by Borrower the Borrowers by: (x) admitting additional committed lenders Lenders hereunder (each, a “Subsequent Committed Lender”); or (y) increasing the Commitment of any Committed Lender (each, an “Increasing Committed Lender”); or both, subject to the following conditions and Section 2.17(c):2.14

Appears in 1 contract

Samples: Revolving Credit Agreement (SLR Private Credit BDC II LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.