Common use of Incremental Loan Request Clause in Contracts

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional Lender.

Appears in 5 contracts

Samples: Term Loan Credit Agreement (Prestige Consumer Healthcare Inc.), Term Loan Credit Agreement (Prestige Consumer Healthcare Inc.), Term Loan Credit Agreement (Prestige Brands Holdings, Inc.)

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Incremental Loan Request. Each Incremental Loan Request from the Borrower Borrowers pursuant to this Section 2.14 2.19 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Term Commitment, nor will the Borrower Borrowers have any obligation to approach any existing lenders Lenders to provide any Incremental Term Commitment) or by any other bank or other financial institution or other institutional lenders (any such other bank or bank, other financial institution or other institutional lenders being called an “Additional Incremental Lender”) (each such existing Lender or Additional Incremental Lender providing suchsuch Commitment or Loan, an collectively, the “Incremental LenderTerm Lenders”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Incremental Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b9.06(b) for an assignment of Loans to such Lender or Additional Incremental Lender.

Appears in 3 contracts

Samples: Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.17 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Term Commitment, nor will the Borrower have any obligation to approach any existing lenders Lenders to provide any Incremental Term Commitment) or by any other bank or other financial institution or other institutional lenders (any such other bank or bank, other financial institution or other institutional lenders being called an “Additional Incremental Lender”) (each such existing Lender or Additional Incremental Lender providing suchsuch Commitment or Loan, an collectively, the “Incremental LenderTerm Lenders”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Incremental Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional Incremental Lender.

Appears in 3 contracts

Samples: Credit Agreement (Michaels Companies, Inc.), Credit Agreement (Michaels Companies, Inc.), Credit Agreement (Michaels Stores Inc)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount amount, currency (which shall be either Dollars or Canadian Dollars, at the Borrower’s election) and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders Lender to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender or Additional Lender providing suchsuch Commitment or Loan, an “Incremental Lender”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans Loans, to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Term Loans to such Lender or Additional Lender.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (BRP Inc.), Term Loan Credit Agreement (BRP Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.16 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Term Loan Commitment, nor will the Borrower have any obligation to approach any existing lenders Lenders to provide any Incremental Term Loan Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Term Loan Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b10.06(b)(iii) for an assignment of Loans to such Lender or Additional LenderLender and (ii) any such Additional Lender is an Eligible Assignee.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (PetIQ, Inc.), Term Loan Credit Agreement (PetIQ, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.17 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made made, by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders Lender to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender or Additional Lender providing suchsuch Commitment or Loan, an “Incremental Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b10.02(b) for an assignment of Loans Loans, to such Lender or Additional Lender, (ii) with respect to Incremental Commitments, any Affiliated Lender providing an Incremental Commitment shall be subject to the same restrictions set forth in Section 10.02(b) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

Appears in 2 contracts

Samples: Credit Agreement (Norcraft Companies, Inc.), Credit Agreement (Norcraft Companies Lp)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth specify the requested amount and proposed terms of the relevant Incremental Term LoansRevolving Credit Commitment. Incremental Term Loans Revolving Credit Commitments may be made provided, by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Revolving Credit Commitment, nor will the Borrower have any obligation to approach any existing lenders Lenders to provide any Incremental Revolving Credit Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing suchsuch Incremental Revolving Credit Commitment, an “Incremental Lender”); provided that the Administrative Agent and each Issuing Bank, if applicable, shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans Revolving Credit Commitment to the extent such consent, if any, would be required under Section 10.07(b) 11.10 for an assignment of Loans to such Lender or Additional Lender.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Seadrill LTD), Senior Secured Revolving Credit Agreement

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.17 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make provide any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders Lenders to provide any Incremental Commitment) or by any other bank or other financial institution or other institutional lender (any such other bank or other financial institution or other institutional lender being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”, and, collectively, the “Incremental Lenders”); provided provided, that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making providing of such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) 12 for an assignment of Loans to such Lender or Additional Lender.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Delek US Holdings, Inc.), Term Loan Credit Agreement (Delek US Holdings, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term LoansLoans or Incremental Revolving Credit Commitments. Incremental Term Loans may be made made, and Incremental Revolving Credit Commitments may be provided, by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Revolving Credit Lender” or “Incremental Term Lender,” as applicable, and, collectively, the “Incremental Lenders”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans or providing such Revolving Commitment Increases to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans or Revolving Credit Commitments, as applicable, to such Lender or Additional Lender,.

Appears in 2 contracts

Samples: Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Red Lion Hotels CORP)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional LenderLender and (ii) with respect to Incremental Commitments, any Affiliated Lender providing an Incremental Commitment shall be subject to the same restrictions set forth in Section 10.07(l) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

Appears in 1 contract

Samples: Credit Agreement (APX Group Holdings, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.16 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made provided by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided that the Borrower and the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans Loan to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional Lender.

Appears in 1 contract

Samples: Term Loan Credit Agreement (SMART Technologies Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower Borrowing Agent that is provided to the Administrative Agent pursuant to this Section 2.14 3.6 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by (i) any existing Lenders or any Affiliate of any existing Lender (but each no existing Lender or any Affiliate of any existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower Borrowers have any obligation to approach any existing lenders Lender or any Affiliate of any existing Lender to provide any Incremental Commitment), (ii) any Approved Fund or by (iii) any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender Lender, Affiliate thereof, Approved Fund or Additional Lender providing suchsuch Incremental Commitment or Incremental Loan, an “Incremental Lender” and, collectively the “Incremental Lenders”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld withheld, conditioned or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans solely to the extent such consent, if any, would be required under Section 10.07(b12.8(b) for an assignment of Loans to such Lender or Additional Lender.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Construction Partners, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional Lender, (ii) with respect to Incremental Commitments, any Affiliated Lender providing an Incremental Commitment shall be subject to the same restrictions set forth in Section 10.07(l) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b10.06(b) for an assignment of Loans to such Lender or Additional Lender, (ii) with respect to Incremental Commitments, any Affiliated Lender providing an Incremental Commitment shall be subject to the same restrictions set forth in Section 10.06(h) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Polymer Group Inc)

Incremental Loan Request. Each Incremental Loan Request from the Borrower Borrowers pursuant to this Section 2.14 2.17 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make provide any Incremental Commitment, nor will the Borrower Borrowers have any obligation to approach any existing lenders Lenders to provide any Incremental Commitment) or by any other bank or other financial institution or other institutional lender (any such other bank or other financial institution or other institutional lender being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”, and, collectively, the “Incremental Lenders”); provided provided, that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making providing of such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) 12 for an assignment of Loans to such Lender or Additional Lender.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Par Pacific Holdings, Inc.)

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Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing suchsuch Incremental Commitment, an “Incremental Lender”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b10.06(b) for an assignment of Loans to such Lender or Additional Lender.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Libbey Inc)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.06 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders Lender to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender or Additional Lender providing suchsuch Commitment or Loan, an “Incremental Lender”); provided that the Administrative Agent shall have consented (such consent not to be unreasonably conditioned, withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) 12.04 for an assignment of Loans to such Lender or Additional Lender.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Atlas Resource Partners, L.P.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.8 shall set forth (i) the requested amount and proposed terms of the relevant Incremental Term LoansLoans being requested (which shall be (A) in an aggregate principal amount not less than $10,000,000 (and $5,000,000 increments in excess thereof) or (B) equal to the remaining Incremental Amount) and (ii) the date, which shall be a Business Day, on which such Incremental Loans are requested to be made. Incremental Term Loans may be made provided by any existing Lender (but it being understood that each existing Lender will not shall have an no obligation to make participate in any Incremental CommitmentFacility), nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution lender (any such other bank or other financial institution being called lender, an “Additional Lender”) (each such existing Lender or Additional Lender providing suchLender”); provided, an “Incremental Lender”); provided that the Administrative Agent shall have consented (such consent not to be unreasonably withheld or delayedwithheld) and the Borrower shall have consented to such Lender’s or Additional Lender’s making providing such Incremental Term Loans to the extent Facility if such consent, if any, consent would be required under Section 10.07(b11.3(b) for an assignment of Loans to such Lender or Additional Lender. The creation or provision of any Incremental Facility or Incremental Loan shall not require the approval of any existing Lender other than any existing Lender providing all or part of any Incremental Loan.

Appears in 1 contract

Samples: Term Loan Agreement

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term LoansRevolving Credit Commitments. Incremental Term Loans Revolving Credit Commitments may be made provided by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution or other institutional lender (any such other bank or other financial institution or other institutional lender being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Revolving Credit Lender” or the “Incremental Lenders”); provided that the Administrative Agent Agent, each Swing Line Lender and each L/C Issuer shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making providing such Incremental Term Loans Commitments to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans or Revolving Credit Commitments, as applicable, to such Lender or Additional Lender.

Appears in 1 contract

Samples: Credit Agreement (Vivint Smart Home, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.12 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders Lender to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender or Additional Lender providing suchsuch Commitment or Loan, an “Incremental Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b10.07(b)(iii) for an assignment of Loans to such Lender or Additional Lender, (ii) with respect to Incremental Commitments, any Affiliated Lender providing an Incremental Commitment shall be subject to the same restrictions set forth in Section 10.07(h) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Mattress Firm Holding Corp.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.18 shall set forth the requested amount and proposed terms of the relevant Incremental Term LoansLoans or Revolving Commitment Increase. Incremental Term Loans may be made made, and Revolving Commitment Increases may be provided, by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation (other than as expressly set forth in Section 2.18(a)) to approach any existing lenders Lender, to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender or Additional Lender providing suchsuch Commitment or Loan, an “Incremental Revolving Credit Lender” or “Incremental Term Lender,” as applicable, and, collectively, the “Incremental Lenders”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans or providing such Revolving Commitment Increase, to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Term Loans or Revolving Credit Commitments, as applicable, to such Lender or Additional Lender.

Appears in 1 contract

Samples: Credit Agreement

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation obliga tion to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided that the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional Lender.

Appears in 1 contract

Samples: Credit Agreement (Prestige Brands Holdings, Inc.)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 2.8 shall set forth (i) the requested amount and proposed terms of the relevant Incremental Term LoansLoans being requested (which shall be (A) in an aggregate principal amount not less than $10,000,000 (and $5,000,000 increments in excess thereof) or (B) equal to the remaining Incremental Amount) and (ii) the date, which shall be a Business Day, on which such Incremental Loans are requested to be made. Incremental Term Loans may be made provided by any existing Lender (but it being understood that each existing Lender will not shall have an no obligation to make participate in any Incremental CommitmentFacility), nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution lender (any such other bank or other financial institution being called lender, an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Lender”); provided provided, that the Administrative Agent shall have consented (such consent not to be unreasonably withheld or delayedwithheld) and the Borrower shall have consented to such Lender’s or Additional Lender’s making providing such Incremental Term Loans to the extent Facility if such consent, if any, consent would be required under Section 10.07(b11.3(b) for an assignment of Loans to such Lender or Additional Lender. The creation or provision of any Incremental Facility or Incremental Loan shall not require the approval of any existing Lender other than any existing Lender providing all or part of any Incremental Loan.

Appears in 1 contract

Samples: Term Loan Agreement (Dominion Midstream Partners, LP)

Incremental Loan Request. Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans. Incremental Term Loans may be made by any existing Lender (but each no existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders Lender to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) Lender (each such existing Lender or Additional Lender providing suchsuch Commitment or Loan, an “Incremental Lender” and, collectively, the “Incremental Lenders”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans to such Lender or Additional LenderLender and (ii) any Affiliated Lender providing an Incremental Commitment shall be subject to the same restrictions set forth in Section 10.07(k) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Portillo's Inc.)

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