Common use of Increase Total Commitment Clause in Contracts

Increase Total Commitment. The Company has the right, once prior to the initial Termination Date (and, if the Termination Date is extended pursuant to Section 2.21, once following such extension), to increase the total of the Commitments through a Request for Alteration, in minimum increments of $50,000,000, up to a maximum aggregate of Commitments of $3,000,000,000, 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 Xxxxx’x and S&P are better than or equal to A3 and A-, respectively. The Company may offer the increases to

Appears in 2 contracts

Samples: Day Credit Agreement (Boeing Capital Corp), Credit Agreement (Boeing Co)

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Increase Total Commitment. The Company has the right, once twice prior to the initial Termination Date (and, if the Termination Date is extended pursuant to Section 2.21, once twice following such extension), to increase the total of the Commitments through a Request for Alteration, in minimum increments of $50,000,00025,000,000, up to a maximum aggregate of Commitments of $3,000,000,0002,000,000,000, 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 Xxxxx’x and S&P are better than or equal to A3 Baa1 and A-BBB+, respectively. The Company may offer the increases to

Appears in 2 contracts

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

Increase Total Commitment. The Company has the right, once twice prior to the initial Termination Date (and, if the Termination Date is extended pursuant to Section 2.21, once twice following such extension), to increase the total of the Commitments through a Request for Alteration, in minimum increments of $50,000,00025,000,000, up to a maximum aggregate of Commitments of $3,000,000,0002,500,000,000, 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 Xxxxx’x and S&P are better than or equal to A3 Baa1 and A-BBB+, respectively. The Company may offer the increases to

Appears in 2 contracts

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

Increase Total Commitment. The Company has the right, once prior to the initial Termination Date (and, if the Termination Date is extended pursuant to Section 2.21, once following such extension), to increase the total of the Commitments through a Request for Alteration, in minimum increments of $50,000,000, up to a maximum aggregate of Commitments of $3,000,000,0003,200,000,000, 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 's long-term senior unsecured non-credit-enhanced debt ratings from Xxxxx’x Moody's and S&P are better than or equal to A3 and A-anx X-, respectivelyxespectively. The Company may offer the increases to

Appears in 1 contract

Samples: Credit Agreement (Boeing Capital Corp)

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Increase Total Commitment. The Company has the right, once prior to the initial Termination Date (and, if the Termination Date is extended pursuant to Section 2.21, once following such extension), to increase the total of the Commitments through a Request for Alteration, in minimum increments of $50,000,00025,000,000, up to a maximum aggregate of Commitments of $3,000,000,000, 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 Xxxxx’x and S&P are better than or equal to A3 and A-, respectively. The Company may offer the increases to

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Increase Total Commitment. The Company has the right, once prior to the initial Termination Date (and, if the Termination Date is extended pursuant to Section 2.21, once following such extension), to increase the total of the Commitments through a Request for Alteration, in minimum increments of $50,000,00025,000,000, up to a maximum aggregate of Commitments of $3,000,000,000, 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-credit- enhanced debt ratings from Xxxxx’x and S&P are better than or equal to A3 and A-, respectively. The Company may offer the increases to

Appears in 1 contract

Samples: Credit Agreement (Boeing Capital Corp)

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