Common use of Increases of the Aggregate Revolving Commitments Clause in Contracts

Increases of the Aggregate Revolving Commitments. Subject to the terms and conditions set forth herein, the Parent Borrower may, at any time prior to the then Applicable Maturity Date, upon written notice to the Administrative Agent, cause an increase in the Aggregate Revolving Commitments (each such increase, an “Incremental Revolving Increase”, and collectively, “Incremental Facilities”) in an aggregate amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (to an aggregate amount not more than FIVE HUNDRED MILLION DOLLARS ($500,000,000)), provided that such increase shall be conditioned and effective upon the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Aviv Reit, Inc.)

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