Increase of Commitments. Section 2.18(a) of the Loan Agreement is hereby amended by deleting the first sentence thereof in its entirety and substituting the following therefor: Provided that no Default or Event of Default has occurred and is continuing, Borrower may, at any time and from time to time, provide a written request to the Administrative Agent to increase the Commitments of the Facility by up to an aggregate maximum amount of Twenty-five Million Dollars ($25,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (K-Sea Transportation Partners Lp)
Increase of Commitments. Section 2.18(a) of the Loan Agreement is hereby amended by deleting the first sentence thereof in its entirety and substituting the following therefor: Provided that no Default or Event of Default has occurred and is continuing, Borrower may, at any time and from time to time, provide a written request to the Administrative Agent to increase the Commitments of the Facility by up to an aggregate maximum amount of Twenty-five Fifteen Million Dollars ($25,000,000.0015,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (K-Sea Transportation Partners Lp)
Increase of Commitments. Section 2.18(a) of the Loan Agreement is hereby amended by deleting the first sentence thereof in its entirety and substituting the following therefor: Provided that no Default or Event of Default has occurred and is continuing, Borrower may, at any time and from time to timetime after the Amendment No. 5 Effective Date, provide a written request to the Administrative Agent to increase the Commitments of the Facility by up to an aggregate maximum amount of Twenty-five Fifty Million Dollars ($25,000,000.0050,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (K-Sea Transportation Partners Lp)
Increase of Commitments. Section 2.18(a) of the Loan Agreement is hereby amended by deleting the first sentence thereof in its entirety and substituting the following therefor: Provided that no Default or Event of Default has occurred and is continuing, Borrower may, at any time and from time to time, provide a written request to the Administrative Agent to increase the Commitments of the Facility by up to an aggregate maximum amount of Twenty-five Fifty Million Dollars ($25,000,000.0050,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (K-Sea Transportation Partners Lp)