Increases, Reductions and Terminations of Aggregate Elected Commitment Amount. (i) Subject to the conditions set forth in Section 2.05(b)(ii), the Borrower may increase the Aggregate Elected Commitment Amount then in effect by increasing the Elected Commitment Amount of one or more existing Lenders (each such Lender, an “Increasing Lender”) and/or causing one or more Persons reasonably acceptable to the Administrative Agent (it being agreed that any Affiliate of a Lender shall be deemed acceptable to the Administrative Agent) and that at such time are not Lenders to become a Lender (each such Person that is not at such time a Lender and becomes a Lender, an “Additional Lender”). Notwithstanding anything to the contrary contained in this Agreement, in no case shall an Additional Lender be the Borrower, an Affiliate of the Borrower or a natural person.
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Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)
Increases, Reductions and Terminations of Aggregate Elected Commitment Amount. (i) Subject to the conditions set forth in Section 2.05(b)(ii2.06(c)(ii) and the prior written approval of the Administrative Agent (not to be unreasonably withheld, conditioned or delayed), the Borrower may increase the Aggregate Elected Commitment Amount then in effect by increasing the Elected Commitment Amount of one or more existing Lenders (each such Lender, an “Increasing Lender”) a Revolving Lender and/or by causing one or more Persons a Person that is reasonably acceptable to the Administrative Agent (it being agreed that any Affiliate of a Lender shall be deemed acceptable to the Administrative Agent) and that at such time are is not Lenders a Revolving Lender to become a Revolving Lender (each any such Person that is not at such time a Revolving Lender and becomes a Revolving Lender, an “Additional Lender”). Notwithstanding anything to the contrary contained in this Agreement, in no case shall an Additional Lender be a natural person, the Borrower, an Borrower or any Affiliate of the Borrower or a natural personBorrower.
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Increases, Reductions and Terminations of Aggregate Elected Commitment Amount. (i) Subject to the conditions set forth in Section 2.05(b)(ii2.16(c)(ii) and the prior written approval of the Administrative Agent (not to be unreasonably withheld, conditioned or delayed), the Borrower may increase the Aggregate Elected Commitment Amount then in effect by increasing the Elected Commitment Amount of one or more existing Lenders (each such Lender, an “Increasing Lender”) a Lender and/or by causing one or more Persons a Person that is reasonably acceptable to the Administrative Agent (it being agreed that any Affiliate of a Lender shall be deemed acceptable to the Administrative Agent) and that at such time are is not Lenders a Lender to become a Lender (each any such Person that is not at such time a Lender and becomes a Lender, an “Additional Lender”). Notwithstanding anything to the contrary contained in this Agreement, in no case shall an Additional Lender be a natural person, the Borrower, an Borrower or any Affiliate of the Borrower or a natural personBorrower.
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Increases, Reductions and Terminations of Aggregate Elected Commitment Amount. (i) Subject to the conditions set forth in Section 2.05(b)(ii2.06(c)(ii) and the prior written approval of the Administrative Agent (not to be unreasonably withheld, conditioned or delayed), the Borrower may increase the Aggregate Elected Commitment Amount then in effect by increasing the Elected Commitment Amount of one or more existing Lenders (each such Lender, an “Increasing Lender”) a Lender and/or by causing one or more Persons a Person that is reasonably acceptable to the Administrative Agent (it being agreed that any Affiliate of a Lender shall be deemed acceptable to the Administrative Agent) and that at such time are is not Lenders a Lender to become a Lender (each any such Person that is not at such time a Lender and becomes a Lender, an “Additional Lender”). Notwithstanding anything to the contrary contained in this Agreement, in no case shall an Additional Lender be a natural person, the Borrower, an Borrower or any Affiliate of the Borrower or a natural personBorrower.
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