Common use of No Obligation to Increase Commitment Clause in Contracts

No Obligation to Increase Commitment. Nothing contained herein shall constitute, or otherwise be deemed to be, a commitment or agreement on the part of the Borrower or the Agent to give or grant any Lender the right to increase its Commitment hereunder at any time or a commitment or agreement on the part of any Lender to increase its Commitment hereunder at any time, and no Commitment of a Lender shall be increased without its prior written approval.

Appears in 8 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Second Amended and Restated Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

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No Obligation to Increase Commitment. Nothing contained herein shall constitute, or otherwise be deemed to be, a commitment or agreement on the part of the Borrower or the Administrative Agent to give or grant any Lender the right to increase its Commitment hereunder at any time or a commitment or agreement on the part of any Lender to increase its Commitment hereunder at any time, and no Commitment of a Lender shall be increased without its prior written approval.

Appears in 6 contracts

Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Almost Family Inc), Credit Agreement (Lennar Corp /New/)

No Obligation to Increase Commitment. Nothing contained herein shall constitute, or otherwise be deemed to be, a commitment or agreement on the part of the Borrower or the Administrative Agent to give or grant any Lender the right to increase its any Commitment hereunder at any time or a commitment or agreement on the part of any Lender to increase its Commitment hereunder at any time, and no Commitment of a Lender shall be increased without its prior written approval.

Appears in 6 contracts

Samples: Credit Agreement (Pulte Homes Inc/Mi/), Credit Agreement (NVR Inc), Credit Agreement (Pulte Homes Inc/Mi/)

No Obligation to Increase Commitment. Nothing contained herein shall constitute, or otherwise be deemed to be, a commitment or agreement on the part of the Borrower or the Administrative Agent to give or grant any Lender the right to increase its Commitment hereunder or to make additional Facility C Loans at any time or a commitment or agreement on the part of any Lender to increase its Commitment hereunder at any timetime or to make any additional Facility C Loans, and no Commitment of a Lender shall be increased without its prior written approval.

Appears in 2 contracts

Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)

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No Obligation to Increase Commitment. Nothing contained herein shall constitutein this Agreement constitutes, or otherwise will be deemed to be, a commitment or agreement on the part of the Borrower or the Agent to give or grant any Lender the right to increase its any Commitment hereunder at any time or a commitment or agreement on the part of any Lender to increase its Commitment hereunder at any time, and no Commitment of a Lender shall will be increased without its prior written approval.

Appears in 1 contract

Samples: Loan and Security Agreement (Arvinmeritor Inc)

No Obligation to Increase Commitment. Nothing contained herein shall constitute, or otherwise be deemed to be, a commitment or agreement on the part of the Borrower Company or the Administrative Agent to give or grant any Lender the right to increase its Commitment hereunder or to make additional Facility C Loans at any time or a commitment or agreement on the part of any Lender to increase its Commitment hereunder at any timetime or to make any additional Facility C Loans, and no Commitment of a Lender shall be increased without its prior written approval.

Appears in 1 contract

Samples: Credit Agreement (Lennar Corp /New/)

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