Increase of Total Commitment. (a) Subject to the conditions set forth in Section 2.16(b), the Borrower may increase the Total Commitment then in effect (any such increase an “Incremental Increase”) by increasing the Commitment of a Lender (an “Increasing Lender”) or by causing a Person that at such time is not a Lender to become a Lender (an “Additional Lender”).
Appears in 21 contracts
Samples: Credit Agreement (Vine Energy Inc.), Credit Agreement (Vine Energy Inc.), Credit Agreement
Increase of Total Commitment. (a) Subject to the conditions set forth in Section 2.16(b), the Borrower may may, from time to time (including in connection with any redetermination of the Borrowing Base), increase the Total Commitment then in effect (any such increase an “Incremental Increase”) by increasing the Commitment of a Lender (an “Increasing Lender”) or by causing a Person that at such time is not a Lender to become a Lender (an “Additional Lender”).
Appears in 3 contracts
Samples: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp), Credit Agreement (Concho Resources Inc)
Increase of Total Commitment. (a) Subject to the conditions set forth in Section 2.16(b), the Borrower may increase the Total Commitment then in effect (any such increase an “Incremental Increase”) with the prior written consent of the Administrative Agent by increasing the Commitment of a Lender (an “Increasing Lender”) or by causing a Person that at such time is not a Lender to become a Lender (an “Additional Lender”).
Appears in 2 contracts
Samples: Security Agreement (KKR Financial Holdings LLC), Credit Agreement (KKR Financial Holdings LLC)
Increase of Total Commitment. (a) Subject to the conditions set forth in Section 2.16(b), the Borrower may may, from time to time (including in connection with any redetermination of the Borrowing Base), increase the Total Commitment then in effect (any such increase an “Incremental Increase”) by increasing either or both (as determined by the Borrower) requesting an increase in the Commitment of a Lender one or more Lenders (an “Increasing Lender”) or by causing a Person one or more Persons that at such time is not a Lender to become a Lender (an “Additional Lender”).
Appears in 1 contract