Common use of Proposal of Increase Clause in Contracts

Proposal of Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may, from time to time, propose an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $250,000,000 in the aggregate (“Maximum Aggregate Commitment Increase”); provided that (i) any such proposal of an increase shall be in a minimum amount of $50,000,000, (ii) the Borrowers shall inform existing Lenders of such proposed increase and existing Lenders may offer to commit to such increased amount and (iii) no such increase in the Aggregate Commitments shall increase the Letter of Credit Sublimit, the Swing Line Sublimit or the Alternative Currency Sublimit; provided further, however, that neither the Administrative Agent nor the Borrowers shall be required to accept any such offer from any existing Lender; provided, further, that the Borrowers may also allow any other Person or Persons that constitute Eligible Assignees to offer to commit to such increased amount; provided, further, that any such Person (other than an existing Lender) that commits to any part of such increase shall be approved by the Administrative Agent, the L/C Issuers, the Swing Line Lender and the Company (which approvals, in each case, shall not be unreasonably withheld or delayed). At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each existing Lender and each other Person is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Proposal of Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may, may from time to time, propose an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $250,000,000 in the aggregate (“Maximum Aggregate Commitment Increase”)100,000,000; provided that (i) there shall have been no prior reduction of the Aggregate Commitments, (ii) any such proposal of an increase shall be in a minimum amount of $50,000,0005,000,000, (iiiii) the Company may make a maximum of two such proposals, (iv) the Borrowers shall inform existing Lenders of such proposed increase and existing Lenders may offer to commit to such increased amount and (iiiiv) no such increase in the Aggregate Commitments shall increase the Letter of Credit Sublimit, the Swing Line Sublimit or the Alternative Currency Sublimit; provided further, however, that neither the Administrative Agent nor the Borrowers shall be required to accept any such offer from any existing Lender; and provided, further, that the Borrowers may also allow any other Person or Persons that constitute Eligible Assignees to offer to commit to such increased amount; provided, further, that any such Person (other than an existing Lender) that commits to any part of such increase shall be approved by the Administrative Agent, the L/C Issuers, the Swing Line Lender and the Company (which approvals, in each case, shall not be unreasonably withheld or delayed). At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each existing Lender and each other Person is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Proposal of Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may, from time to time, propose an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $250,000,000 in the aggregate (“Maximum Aggregate Commitment Increase”); provided that (i) any such proposal of an increase shall be in a minimum amount of $50,000,000, (ii) the Borrowers shall inform existing Lenders of such proposed increase and existing Lenders may offer to commit to such increased amount and (iiiii) no such increase in the Aggregate Commitments shall increase the Letter of Credit Sublimit, the Swing Line Sublimit or the Alternative Currency Sublimit; provided further, however, that neither the Administrative Agent nor the Borrowers shall be required to accept any such offer from any existing Lender; provided, further, that the Borrowers may also allow any other Person or Persons that constitute Eligible Assignees to offer to commit to such increased amount; provided, further, that any such Person (other than an existing Lender) that commits to any part of such increase shall be approved by the Administrative Agent, the L/C Issuers, the Swing Line Lender and the Company (which approvals, in each case, shall not be unreasonably withheld or delayed). At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each existing Lender and each other Person is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Proposal of Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may, may from time to time, propose an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $250,000,000 in the aggregate (“Maximum Aggregate Commitment Increase”); provided that (i) any such proposal of an increase shall be in a minimum amount of $50,000,000, (ii) the Borrowers shall inform existing Lenders of such proposed increase and existing Lenders may offer to commit to such increased amount and (iii) no such increase in the Aggregate Commitments shall increase the Letter of Credit Sublimit, the Swing Line Sublimit or the Alternative Currency Sublimit; provided further, however, that neither the Administrative Agent nor the Borrowers shall be required to accept any such offer from any existing Lender; provided, further, that the Borrowers may also allow any other Person or Persons that constitute Eligible Assignees to offer to commit to such increased amount; provided, further, that any such Person (other than an existing Lender) that commits to any part of such increase shall be approved by the Administrative Agent, the each L/C IssuersIssuer, the Swing Line Lender and the Company (which approvals, in each case, shall not be unreasonably withheld or delayed). At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each existing Lender and each other Person is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).

Proposal of Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may, may from time to time, propose an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $250,000,000 in the aggregate (“Maximum Aggregate Commitment Increase”); provided that (i) any such proposal of an increase shall be in a minimum amount of $50,000,000, (ii) the Borrowers shall inform existing Lenders of such proposed increase and existing Lenders may offer to commit to such increased amount and (iii) no such increase in the Aggregate Commitments shall increase the Letter of Credit Sublimit, the Swing Line Sublimit or the Alternative Currency Sublimit; provided further, however, that neither the Administrative Agent nor the Borrowers shall be required to accept any such offer from any existing Lender; provided, further, that the Borrowers may also allow any other Person or Persons that constitute Eligible Assignees to offer to commit to such increased amount; provided, further, that any such Person (other than an existing Lender) that commits to any part of such increase shall be approved by the Administrative Agent, the L/C IssuersIssuer, the Swing Line Lender and the Company (which approvals, in each case, shall not be unreasonably withheld or delayed). At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each existing Lender and each other Person is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).