Common use of Incremental Commitment Clause in Contracts

Incremental Commitment. (a) Pursuant to Section 2.07(f) of the Credit Agreement and subject to the terms and conditions hereof, the Increasing Lender hereby agrees to make the Incremental Commitment to the Borrower effective on and as of the Effective Date (as defined below). The Incremental Commitment shall constitute an additional “Commitment” for all purposes of the Credit Agreement and the other Loan Documents. (b) The terms of the Incremental Commitment shall be the same as the other Commitments made under the Credit Agreement. (c) On the Effective Date, in connection with the adjustments to any outstanding Loans and participation interests contemplated by Section 2.07(f)(iv) of the Credit Agreement, the Incremental Lender shall make a payment to the Administrative Agent, for account of the other Lenders, in an amount calculated by the Administrative Agent in accordance with such section, so that after giving effect to such payment and to the distribution thereof to the other Lenders in accordance with such section, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (after giving effect to the Incremental Commitment).

Incremental Commitment. (a) Pursuant to Section 2.07(f2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the each undersigned Increasing Lender hereby agrees to make the its respective Incremental Commitment to the Borrower effective on and as of the Effective Date (as defined below)Date. The Each such Incremental Commitment shall constitute an additional “Commitment” for all purposes of the Credit Agreement and the other Loan Documents. (b) The terms of the each such Incremental Commitment shall be the same as the other Commitments made under the Credit Agreement. (c) On the Effective Date, in connection with the adjustments to any outstanding Loans and participation interests contemplated by Section 2.07(f)(iv2.06(f)(iv) of the Credit Agreement, each Increasing Lender notified by the Incremental Lender Administrative Agent shall make a payment to the Administrative Agent, for account of the other Lenders, in an amount calculated by the Administrative Agent in accordance with such section, so that after giving effect to such payment and to the distribution thereof to the other Lenders in accordance with such section, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (after giving effect to the Incremental CommitmentCommitment and any other Commitment Increases, if any, occurring on the Effective Date).

Incremental Commitment. (a) Pursuant to Section 2.07(f2.06(f) of the Credit Agreement and subject to the terms and conditions hereof, the Increasing Lender hereby agrees to make the its Incremental Commitment to the Borrower effective on and as of the Effective Date (as defined below)Date. The Incremental Commitment of the Increasing Lender shall constitute an additional “Commitment” for all purposes of the Credit Agreement and the other Loan Documents. (b) The terms of the Incremental Commitment shall be the same as the other Commitments made under the Credit Agreement. (c) On the Effective Date, in connection with the adjustments to any outstanding Loans and participation interests contemplated by Section 2.07(f)(iv2.06(f)(iv) of the Credit Agreement, if the Incremental Increasing Lender is notified by the Administrative Agent the Increasing Lender shall make a payment to the Administrative Agent, for account of the other Lenders, in an amount calculated by the Administrative Agent in accordance with such section, so that after giving effect to such payment and to the distribution thereof to the other Lenders in accordance with such section, the Loans are held ratably by the Lenders in accordance with the respective Commitments of such Lenders (after giving effect to the Incremental CommitmentCommitment and any other Commitment Increases, if any, occurring on the Effective Date).