Increase of Commitment. Increase the amount of the Revolving Credit Commitment of any Lender hereunder without the consent of such Lender;
Increase of Commitment. (i) If no Default or Event of Default shall have occurred and be continuing, Borrower may at any time from time to time prior to the Maturity Date request no more than three (3) increases of the Commitment by notice to Agent in writing of the amount of such proposed increase (each such notice, a “Commitment Increase Notice”); provided, however, that, (i) the aggregate amount of all such increases shall not exceed Three Hundred Million Dollars ($300,000,000); and (ii) any individual request for an increase shall be in the minimum amount of the lesser of (A) One Hundred Million Dollars ($100,000,000) and (B) Three Hundred Million Dollars ($300,000,000) minus the aggregate amount of all such previous increases to the Commitments hereunder. Any such Commitment Increase Notice delivered with respect to any proposed increase in the Commitment may offer one or more Lenders an opportunity to subscribe for its Applicable Percentage (with respect to the existing Commitment (prior to such increase)) of the increased Commitment. Agent shall promptly, and in any event within five (5) Business Days after receipt of a Commitment Increase Notice, notify each Lender of such request. Each Lender desiring to increase its Commitment shall notify Agent in writing no later than ten (10) Business Days after receipt of notice from Agent. Any Lender that does not notify Agent within the time period specified above that it will increase its Commitment will be deemed to have rejected such offer. Any agreement by a Lender to increase its Commitment shall be irrevocable.
(ii) If any proposed increase in the Commitment is not fully subscribed by the existing Lenders pursuant to the procedure outlined in Section 2.06(b)(i), Borrower may, in its sole discretion, offer to any existing Lender or to one or more additional banks or financial institutions which is an Eligible Assignee (each, a “New Lender”) the opportunity to participate in all or a portion of such unsubscribed portion of the increased Commitment, by notifying Agent. Promptly and in any event within five (5) Business Days after receipt of notice from Borrower of its desire to offer such unsubscribed commitments to certain existing Lenders or to any New Lender identified therein, Agent shall notify such proposed lenders of the opportunity to participate in all or a portion of such unsubscribed portion of the increased Commitment.
(iii) Any New Lender which accepts Borrower’s offer to participate in the increased Commitment sha...
Increase of Commitment. Increase the amount of the Revolving Credit Commitment, Term Loan Commitment or Swing Loan Commitment of any Lender hereunder without the consent of such Lender;
Increase of Commitment. Pursuant to Section 2.20 of the Credit Agreement, the Commitment of the Increasing Lender is hereby increased from $________ to $__________.
Increase of Commitment. Increase the amount of the Commitment of any Lender hereunder without the consent of such Lender;
Increase of Commitment. Extension or Expiration Date. Increase the amount of the Revolving Credit Commitment of any Bank hereunder or extend the Expiration Date;
Increase of Commitment. Pursuant to Section 2.19 of the Credit Agreement, the Revolving Loan Commitment of the Increasing Lender is hereby increased from $ to .
Increase of Commitment. Subject to Section 2.1.
1.1 [Discretionary Increase in Revolving Credit Commitment], increase the amount of the Revolving Credit Commitment of any Lender hereunder without the consent of such Lender;
Increase of Commitment. Increase the amount of the Term Loan Commitment of any Lender hereunder without the consent of such Xxxxxx;
Increase of Commitment. (a) The Seller shall have the right from time to time to increase the Commitment to an amount not in excess of $150,000,000 by giving at least thirty days' prior written notice to the Company and GECC; PROVIDED that, unless such increase in the Commitment causes the Commitment to equal $150,000,000 such increase must be in an amount equal to $10,000,000 or an integral multiple thereof and there must not have been more than one prior increase in the Commitment during the preceding twelve months. Any such increase in the Commitment shall be effective on the scheduled date specified in the Seller's notice.
(b) The Seller shall have the right, at any time and from time to time, to request in writing that the Commitment be increased to an amount in excess of $150,000,000. Upon the concurrence of the Company and GECC, in their sole and absolute discretion, this Agreement shall be amended to reflect the increased Commitment. In the event that (x) the Seller requests an increase in the Commitment pursuant to this Section 2.04(b), such request is accompanied by financial and portfolio projections supporting the amount of such increase, the Seller has provided the Company with such information as the Company shall reasonably request in connection with its approval process, and the sum of the outstanding Commercial Paper and Loans on the date of such request is in excess of $142,500,000 and (y) GECC and the Company shall not have agreed to such increase within 90 days following the date of such request, the Seller shall have the right to terminate this Agreement, without any premium or penalty whatsoever, by providing the Company with 120 days' prior written notice thereof.
