Common use of Increase of Revolving Commitments Clause in Contracts

Increase of Revolving Commitments. (a) The Borrower shall have the right, at any time and from time to time request an increase of the aggregate Revolving Commitments by notice to the Administrative Agent in writing of the amount of such proposed increase (such notice, a “Commitment Increase Notice”); provided, however, that (i) each such increase shall be at least $10,000,000, (ii) the cumulative increase in Revolving Commitments after the Closing Date pursuant to this Section 2.25 (Increase of Revolving Commitments) shall not exceed $1,000,000,000 without the approval of the Required Lenders, and (iii) the Revolving Commitment of any Lender may not be increased without such Xxxxxx’s consent and (iv) no Default or Event of Default shall have occurred and be continuing on the effective date of such Commitment Increase Notice. Following any Commitment Increase Notice, the Borrower may, in its sole discretion, offer to any Eligible Assignee (with a copy to the Administrative Agent) the opportunity to participate in all or a portion of the increased Revolving Commitments pursuant to paragraph (c) or (d) below, as applicable.

Increase of Revolving Commitments. (a) The Borrower If, immediately prior to and immediately after giving effect to any increase in the Revolving Commitments pursuant to this Section 2.20, no Default shall have occurred and be continuing, the right, Borrower may at any time and from time to time, but in no event more than one (1) time per fiscal quarter, request an increase of the aggregate Revolving Commitments by notice to the Administrative Agent in writing of the amount of such proposed increase (such notice, a “Commitment Increase Notice”); provided, however, that (i) each such increase shall be in a principal amount of at least $10,000,0005,000,000, (ii) the cumulative increase in Revolving Commitments after the Closing Date pursuant to this Section 2.25 (Increase of Revolving Commitments) shall not exceed $1,000,000,000 without the approval of the Required Lenders, and (iii) the Revolving Commitment of any Lender may not be increased without such XxxxxxLender’s consent consent, and (iviii) no Default or Event of Default the Borrower shall not have occurred and be continuing on the effective date right to increase the Revolving Commitments if the effect of such Commitment Increase Noticeincrease would cause the aggregate principal amount of the Revolving Commitments to exceed $150,000,000. Following The Administrative Agent shall promptly, and in any event within five (5) Business Days after Administrative Agent’s receipt of a Commitment Increase Notice, notify (A) each Lender and (B) with the Borrower mayconsent of the Administrative Agent (which consent will not be unreasonably withheld, delayed or conditioned), each Person not then a Lender but which is a bank or other financial institution selected by the Borrower, in its sole discretion, offer to any Eligible Assignee (with a copy to each case of the Administrative Agent) Borrower’s request for such increase and the opportunity Borrower’s invitation to participate in all or a portion of the increased Revolving Commitments pursuant to paragraph (c) or (d) below, as applicablesuch increase.

Increase of Revolving Commitments. (a) The Borrower shall have the right, at any time and from time to time request an increase of the aggregate Revolving Commitments by notice to the Administrative Senior Facility Agent in writing of the amount of such proposed increase (such notice, a “Commitment Increase Notice”); provided, however, that (i) each such increase shall be at least $10,000,000, (ii) the cumulative increase in Revolving Commitments after the Closing Date pursuant to this Section 2.25 (Increase of Revolving Commitments) 2.21 shall not exceed $1,000,000,000 without the approval of the Required Lenders, and (iii) the Revolving Commitment of any Lender may not be increased without such Xxxxxx’s consent and (iv) no Default or Event of Default shall have occurred and be continuing on the effective date of such Commitment Increase Notice. Following any Commitment Increase Notice, the Borrower may, in its sole discretion, offer to any Eligible Assignee (with a copy to the Administrative Senior Facility Agent) the opportunity to participate in all or a portion of the increased Revolving Commitments pursuant to paragraph (cb) or (dc) below, as applicable.