Common use of Increase Total Commitment Clause in Contracts

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,000, provided that, in addition to the requirements specified in Section 2.19(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent (“New Lenders”) as the Company may select, provided that

Appears in 4 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

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Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0004,166,666,667, provided that, in addition to the requirements specified in Section 2.19(b2.20(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent and each Issuing Bank (“New Lenders”) as the Company may select, provided that

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0004,666,666,666, provided that, in addition to the requirements specified in Section 2.19(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent (“New Lenders”) as the Company may select, provided that

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,00025,000,000, up to a maximum aggregate of Commitments of $3,300,000,000, provided that, in addition to the requirements specified in Section 2.19(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent (“New Lenders”) as the Company may select, provided that

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0004,170,000,000, provided that, in addition to the requirements specified in Section 2.19(b2.20(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x Moody’s and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent and each Issuing Bank (“New Lenders”) as the Company may select, provided that

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,00025,000,000, up to a maximum aggregate of Commitments of $3,300,000,000, provided that, in addition to the requirements specified in Section 2.19(b2.20(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent and each Issuing Bank (“New Lenders”) as the Company may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0004,670,000,000, provided that, in addition to the requirements specified in Section 2.19(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent (“New Lenders”) as the Company may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0008,000,000,000, provided that, in addition to the requirements specified in Section 2.19(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x Moody’s and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent (“New Lenders”) as the Company may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

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Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0005,000,000,000, provided that, in addition to the requirements specified in Section 2.19(b2.20(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x Moody’s and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent and each Issuing Bank (“New Lenders”) as the Company may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0002,000,000,000, provided that, in addition to the requirements specified in Section 2.19(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x Moody’s and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent (“New Lenders”) as the Company may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right right, twice a year, to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,00025,000,000, up to a maximum aggregate of Commitments of $3,300,000,0003,000,000,000, provided that, in addition to the Five-Year Credit Agreement 31 requirements specified in Section 2.19(b2.20(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x and Fitch S&P are better than or equal to BBB-, Baa3 Baa1 and BBB-BBB+, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent and each Issuing Bank (“New Lenders”) as the Company Borrower may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right to increase the total of the Commitments through a Request for Alteration, in minimum increments of $5,000,000, up to a maximum aggregate of Commitments of $3,300,000,0004,166,666,667, provided that, in addition to the requirements specified in Section 2.19(b2.20(b), at the time of and after giving effect to an increase, TBC’s long-term senior unsecured non-credit-enhanced debt ratings from any two of S&P, Xxxxx’x Moody’s and Fitch are better than or equal to BBB-, Baa3 and BBB-, respectively. The Company may offer the proposed increase (the “Proposed Increased Commitment”) to such Lender(s) or third party financial institutions acceptable to the Agent and each Issuing Bank (“New Lenders”) as the Company may select, provided that

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

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