Common use of Increases of Revolving Commitments Clause in Contracts

Increases of Revolving Commitments. Provided that no Default exists or would exist immediately before and after giving effect thereto, the Borrower may at any time and from time to time prior to December 31, 1999, at its sole cost and expense, request any one or more of the Lenders to increase (such decision to increase the Revolving Commitment of a Lender to be within the sole and absolute discretion of such Lender) its Revolving Commitment, or any other institution reasonably satisfactory to the Administrative Agent and the Issuer to provide a new Revolving Commitment, by submitting an Increase Supplement in the form of Exhibit I (an "INCREASE SUPPLEMENT"), duly executed by the Borrower and each such Lender or institution, as the case may be. If such Increase Supplement is in all respects reasonably satisfactory to the Administrative Agent, the Administrative Agent shall execute such Increase Supplement and deliver a copy thereof to the Borrower and each such Lender or institution, as the case may be. Upon execution and delivery of such Increase Supplement, q. in the case of each such Lender, such Lender's Revolving Commitment shall be increased to the amount set forth in such Increase Supplement, r. in the case of each such other institution, such other institution shall become a party hereto and shall for all purposes of the Loan Documents be deemed a "Lender" with a Revolving Commitment in the amount set forth in such Increase Supplement, s. in each case, the Revolving Commitment of such Lender or such other institution, as the case may be, shall be as set forth in the applicable Increase Supplement, (iv) with respect to each of the remaining scheduled mandatory reductions of the Aggregate Revolving Commitment set forth in Section 2.3(b), the percentage thereof shall be increased, on a pro rata basis, so that such remaining reductions would cause the Aggregate Revolving Commitment to be reduced to zero ($0.00) on March 31, 2005, and (v) the Borrower shall contemporaneously therewith execute and deliver to the Administrative Agent a Note for each such other institution providing a new Revolving Commitment; provided, however, that:

Increases of Revolving Commitments. Provided that no Default exists or would exist immediately before and after giving effect theretoshall become effective on the date agreed by the Borrower, the Borrower may at any time and from time to time prior to December 31, 1999, at its sole cost and expense, request any one or more of the Lenders to increase (such decision to increase the Revolving Commitment of a Lender to be within the sole and absolute discretion of such Lender) its Revolving Commitment, or any other institution reasonably satisfactory to the Administrative Agent and the Issuer to provide a new Revolving Commitmentrelevant Increasing Lenders or Augmenting Lenders and the Administrative Agent shall notify each Lender thereof. Notwithstanding the foregoing, by submitting an Increase Supplement no increase in the form Revolving Commitments shall be permitted under this paragraph unless on the proposed date of Exhibit I the effectiveness of such increase in the Revolving Commitments, (an "INCREASE SUPPLEMENT"), duly executed i) the conditions set forth in paragraphs (a) and (b) of Section 4.02 shall be satisfied or waived by the Borrower Required Lenders and each such Lender or institution, as the case may be. If such Increase Supplement is in all respects reasonably satisfactory to the Administrative Agent, (ii) after giving effect to such increase in the Revolving Commitments, the Parent shall be in compliance, on a Pro Forma Basis, with the Consolidated Leverage Ratio (determined as of the most recently ended fiscal quarter and assuming that the entire amount of such increase had been borrowed as of such quarter end), and (iii) the Administrative Agent shall execute such Increase Supplement and deliver have received a copy thereof to the Borrower and each such Lender or institutioncertificate confirming (and, as applicable, setting forth reasonably detailed calculations demonstrating) compliance with each of the case may be. Upon execution and delivery of such Increase Supplement, q. in the case of each such Lender, such Lender's Revolving Commitment shall be increased to the amount requirements set forth in clauses (i) and (ii) above, dated such Increase Supplement, r. date and executed by a Financial Officer of the Parent. On the effective date of any increase in the case of each such other institution, such other institution shall become a party hereto and shall for all purposes of the Loan Documents be deemed a "Lender" with a Revolving Commitment in the amount set forth in such Increase Supplement, s. in each case, the Revolving Commitment of such Lender or such other institution, as the case may be, shall be as set forth in the applicable Increase SupplementCommitments, (ivi) with respect to each of the remaining scheduled mandatory reductions of the Aggregate Revolving Commitment set forth in Section 2.3(b), the percentage thereof relevant Increasing Lender and Augmenting Lender shall be increased, on a pro rata basis, so that such remaining reductions would cause the Aggregate Revolving Commitment to be reduced to zero ($0.00) on March 31, 2005, and (v) the Borrower shall contemporaneously therewith execute and deliver make available to the Administrative Agent a Note such amounts in immediately available funds as the Administrative Agent shall determine, for each the benefit of the other Lenders, as being required in order to cause, after giving effect to such increase and the use of such amounts to make payments to such other institution providing a new Lenders, each Lender’s portion of the outstanding Loans of all the Lenders to equal its Applicable Percentage of such outstanding Loans, and (ii) if, on the date of such increase, there are any Revolving Loans outstanding, such Revolving Loans shall on or prior to the effectiveness of such Increased Commitments be prepaid to the extent necessary from the proceeds of additional Revolving Loans made hereunder by the Increasing Lenders and Augmenting Lenders, so that, after giving effect to such prepayments and any borrowings on such date of all or any portion of such Increased Commitments, the principal balance of all outstanding Revolving Loans owing to each Lender is equal to such Lender’s pro rata share (after giving effect to any nonratable Increased Commitment pursuant to this Section 2.19) of all then outstanding Revolving Loans. The Administrative Agent and the Lenders hereby agree that the borrowing notice, minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. The deemed payments made pursuant to clause (ii) of the second preceding sentence shall be accompanied by payment of all accrued interest on the amount prepaid and, in respect of each Eurocurrency Loan, shall be subject to indemnification by the Borrower pursuant to the provisions of Section 2.15 if the deemed payment occurs other than on the last day of the related Interest Periods. For the avoidance of doubt, no Lender shall have any obligation to provide any Increased Commitment; provided, however, that:.

Increases of Revolving Commitments. Provided that no Default exists or would exist immediately before and after giving effect theretoshall become effective on the date agreed by the Borrower, the Borrower may at any time and from time to time prior to December 31, 1999, at its sole cost and expense, request any one or more of the Lenders to increase (such decision to increase the Revolving Commitment of a Lender to be within the sole and absolute discretion of such Lender) its Revolving Commitment, or any other institution reasonably satisfactory to the Administrative Agent and the Issuer to provide a new Revolving Commitmentrelevant Increasing Lenders or Augmenting Lenders and the Administrative Agent shall notify each Lender thereof. Notwithstanding the foregoing, by submitting an Increase Supplement no increase in the form Revolving Commitments shall be permitted under this paragraph unless on the proposed date of Exhibit I the effectiveness of such increase in the Revolving Commitments, (an "INCREASE SUPPLEMENT"), duly executed i) the conditions set forth in paragraphs (a) and (b) of Section 4.02 shall be satisfied or waived by the Borrower Required Lenders and each such Lender or institution, as the case may be. If such Increase Supplement is in all respects reasonably satisfactory to the Administrative Agent, (ii) after giving effect to such increase in the Revolving Commitments, the Borrower shall be in compliance, on a Pro Forma Basis, with the Consolidated Leverage Ratio (determined as of the most recently ended fiscal quarter and assuming that the entire amount of such increase had been borrowed as of such quarter end), and (iii) the Administrative Agent shall execute such Increase Supplement and deliver have received a copy thereof to the Borrower and each such Lender or institutioncertificate confirming (and, as applicable, setting forth reasonably detailed calculations demonstrating) compliance with each of the case may be. Upon execution and delivery of such Increase Supplement, q. in the case of each such Lender, such Lender's Revolving Commitment shall be increased to the amount requirements set forth in clauses (i) and (ii) above, dated such Increase Supplement, r. date and executed by a Financial Officer. On the effective date of any increase in the case of each such other institution, such other institution shall become a party hereto and shall for all purposes of the Loan Documents be deemed a "Lender" with a Revolving Commitment in the amount set forth in such Increase Supplement, s. in each case, the Revolving Commitment of such Lender or such other institution, as the case may be, shall be as set forth in the applicable Increase SupplementCommitments, (ivi) with respect to each of the remaining scheduled mandatory reductions of the Aggregate Revolving Commitment set forth in Section 2.3(b), the percentage thereof relevant Increasing Lender and Augmenting Lender shall be increased, on a pro rata basis, so that such remaining reductions would cause the Aggregate Revolving Commitment to be reduced to zero ($0.00) on March 31, 2005, and (v) the Borrower shall contemporaneously therewith execute and deliver make available to the Administrative Agent a Note such amounts in immediately available funds as the Administrative Agent shall determine, for each the benefit of the other Lenders, as being required in order to cause, after giving effect to such increase and the use of such amounts to make payments to such other institution providing a new Lenders, each Lender’s portion of the outstanding Loans of all the Lenders to equal its Applicable Percentage of such outstanding Loans, and (ii) if, on the date of such increase, there are any Revolving Commitment; providedLoans outstanding, howeversuch Revolving Loans shall on or prior to the effectiveness of such Increased Commitments be prepaid to the extent necessary from the proceeds of additional Revolving Loans made hereunder by the Increasing Lenders and Augmenting Lenders, so that:, after giving effect to such prepayments and any borrowings on such date of all or any portion of such Increased Commitments, the principal balance of all outstanding Revolving Loans owing to each Lender is equal to such Lender’s pro rata share (after giving effect to any nonratable Increased Commitment pursuant to this Section 2.19) of all then outstanding Revolving Loans. The Administrative Agent and the Lenders hereby agree that the borrowing notice, minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. The deemed payments made pursuant to clause

Increases of Revolving Commitments. Provided that no Default exists or would exist immediately before and after giving effect theretoshall become effective on the date agreed by the Borrower, the Borrower may at any time and from time to time prior to December 31, 1999, at its sole cost and expense, request any one or more of the Lenders to increase (such decision to increase the Revolving Commitment of a Lender to be within the sole and absolute discretion of such Lender) its Revolving Commitment, or any other institution reasonably satisfactory to the Administrative Agent and the Issuer to provide a new Revolving Commitmentrelevant Increasing Lenders or Augmenting Lenders and the Administrative Agent shall notify each Lender thereof. Notwithstanding the foregoing, by submitting an Increase Supplement no increase in the form Revolving Commitments shall be permitted under this paragraph unless on the proposed date of Exhibit I the effectiveness of such increase in the Revolving Commitments, (an "INCREASE SUPPLEMENT"), duly executed i) the conditions set forth in paragraphs (a) and (b) of Section 4.02 shall be satisfied or waived by the Borrower Required Lenders and each such Lender or institution, as the case may be. If such Increase Supplement is in all respects reasonably satisfactory to the Administrative Agent, (ii) after giving effect to such increase in the Revolving Commitments, the Borrower shall be in compliance, on a Pro Forma Basis, with the Consolidated Leverage Ratio (determined as of the most recently ended fiscal quarter and assuming that the entire amount of such increase had been borrowed as of such quarter end), and (iii) the Administrative Agent shall execute such Increase Supplement and deliver have received a copy thereof to the Borrower and each such Lender or institutioncertificate confirming (and, as applicable, setting forth reasonably detailed calculations demonstrating) compliance with each of the case may be. Upon execution and delivery of such Increase Supplement, q. in the case of each such Lender, such Lender's Revolving Commitment shall be increased to the amount requirements set forth in clauses (i) and (ii) above, dated such Increase Supplement, r. date and executed by a Financial Officer of the Borrower. On the effective date of any increase in the case of each such other institution, such other institution shall become a party hereto and shall for all purposes of the Loan Documents be deemed a "Lender" with a Revolving Commitment in the amount set forth in such Increase Supplement, s. in each case, the Revolving Commitment of such Lender or such other institution, as the case may be, shall be as set forth in the applicable Increase SupplementCommitments, (ivi) with respect to each of the remaining scheduled mandatory reductions of the Aggregate Revolving Commitment set forth in Section 2.3(b), the percentage thereof relevant Increasing Lender and Augmenting Lender shall be increased, on a pro rata basis, so that such remaining reductions would cause the Aggregate Revolving Commitment to be reduced to zero ($0.00) on March 31, 2005, and (v) the Borrower shall contemporaneously therewith execute and deliver make available to the Administrative Agent a Note such amounts in Same Day Funds as the Administrative Agent shall determine, for each the benefit of the other Lenders, as being required in order to cause, after giving effect to such increase and the use of such amounts to make payments to such other institution providing a new Lenders, each Lender’s portion of the outstanding Loans of all the Lenders to equal its Applicable Percentage of such outstanding Loans, and (ii) if, on the date of such increase, there are any Revolving Loans outstanding, such Revolving Loans shall on or prior to the effectiveness of such Increased Commitments be prepaid to the extent necessary from the proceeds of additional Revolving Loans made hereunder by the Increasing Lenders and Augmenting Lenders, so that, after giving effect to such prepayments and any borrowings on such date of all or any portion of such Increased Commitments, the principal balance of all outstanding Revolving Loans owing to each Lender is equal to such Lender’s pro rata share (after giving effect to any nonratable Increased Commitment pursuant to this Section 2.19) of all then outstanding Revolving Loans. The Administrative Agent and the Lenders hereby agree that the Borrowing Request, minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. The deemed payments made pursuant to clause (ii) of the second preceding sentence shall be accompanied by payment of all accrued interest on the amount prepaid and, in respect of each Eurocurrency Loan and each Alternative Currency Term Rate Loan, shall be subject to indemnification by the Borrower pursuant to the provisions of Section 2.15 if the deemed payment occurs other than on the last day of the related Interest Periods. For the avoidance of doubt, no Lender shall have any obligation to provide any Increased Commitment; provided, however, that:.

Increases of Revolving Commitments. Provided that no Default exists or would exist immediately before and after giving effect theretoshall become effective on the date agreed by the Borrower, the Borrower may at any time and from time to time prior to December 31, 1999, at its sole cost and expense, request any one or more of the Lenders to increase (such decision to increase the Revolving Commitment of a Lender to be within the sole and absolute discretion of such Lender) its Revolving Commitment, or any other institution reasonably satisfactory to the Administrative Agent and the Issuer to provide a new Revolving Commitmentrelevant Increasing Lenders or Augmenting Lenders and the Administrative Agent shall notify each Lender thereof. Notwithstanding the foregoing, by submitting an Increase Supplement no increase in the form Revolving Commitments shall be permitted under this paragraph unless on the proposed date of Exhibit I the effectiveness of such increase in the Revolving Commitments, (an "INCREASE SUPPLEMENT"), duly executed i) the conditions set forth in paragraphs (a) and (b) of Section 4.02 shall be satisfied or waived by the Borrower Required Lenders and each such Lender or institution, as the case may be. If such Increase Supplement is in all respects reasonably satisfactory to the Administrative Agent, (ii) after giving effect to such increase in the Revolving Commitments, the Borrower shall be in compliance, on a Pro Forma Basis, with the Consolidated Leverage Ratio (determined as of the most recently ended fiscal quarter and assuming that the entire amount of such increase had been borrowed as of such quarter end), and (iii) the Administrative Agent shall execute such Increase Supplement and deliver have received a copy thereof to the Borrower and each such Lender or institutioncertificate confirming (and, as applicable, setting forth reasonably detailed calculations demonstrating) compliance with each of the case may be. Upon execution and delivery of such Increase Supplement, q. in the case of each such Lender, such Lender's Revolving Commitment shall be increased to the amount requirements set forth in clauses (i) and (ii) above, dated such Increase Supplement, r. date and executed by a Financial Officer of the Borrower. On the effective date of any increase in the case of each such other institution, such other institution shall become a party hereto and shall for all purposes of the Loan Documents be deemed a "Lender" with a Revolving Commitment in the amount set forth in such Increase Supplement, s. in each case, the Revolving Commitment of such Lender or such other institution, as the case may be, shall be as set forth in the applicable Increase SupplementCommitments, (ivi) with respect to each of the remaining scheduled mandatory reductions of the Aggregate Revolving Commitment set forth in Section 2.3(b), the percentage thereof relevant Increasing Lender and Augmenting Lender shall be increased, on a pro rata basis, so that such remaining reductions would cause the Aggregate Revolving Commitment to be reduced to zero ($0.00) on March 31, 2005, and (v) the Borrower shall contemporaneously therewith execute and deliver make available to the Administrative Agent a Note such amounts in Same Day Funds as the Administrative Agent shall determine, for each the benefit of the other Lenders, as being required in order to cause, after giving effect to such increase and the use of such amounts to make payments to such other institution providing a new Lenders, each Lender’s portion of the outstanding Loans of all the Lenders to equal its Applicable Percentage of such outstanding Loans, and (ii) if, on the date of such increase, there are any Revolving Loans outstanding, such Revolving Loans shall on or prior to the effectiveness of such Increased Commitments be prepaid to the extent necessary from the proceeds of additional Revolving Loans made hereunder by the Increasing Lenders and Augmenting Lenders, so that, after giving effect to such prepayments and any borrowings on such date of all or any portion of such Increased Commitments, the principal balance of all outstanding Revolving Loans owing to each Lender is equal to such Lender’s pro rata share (after giving effect to any nonratable Increased Commitment pursuant to this Section 2.19) of all then outstanding Revolving Loans. The Administrative Agent and the Lenders hereby agree that the Borrowing Request, minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. The deemed payments made pursuant to clause (ii) of the second preceding sentence shall be accompanied by payment of all accrued interest on the amount prepaid and, in respect of each Term SOFR Loan and each Alternative Currency Term Rate Loan, shall be subject to indemnification by the Borrower pursuant to the provisions of Section 2.15 if the deemed payment occurs other than on the last day of the related Interest Periods. For the avoidance of doubt, no Lender shall have any obligation to provide any Increased Commitment; provided, however, that:.