Proposed Lenders. Any proposed increase in the Aggregate Commitment may be requested from existing Lenders, new prospective lenders (which are Persons which would be permitted to be assignees pursuant to Section 10.06 and are approved by the Administrative Agent, the L/C Administrator and the Swing Line Lender, which approvals shall not be unreasonably withheld), or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Commitment provided by a Person not already a Lender shall be in a principal amount of $5,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Commitment may elect or decline, in its sole discretion, to provide an incremental Commitment.
Appears in 1 contract
Samples: Credit Agreement (Torchmark Corp)
Proposed Lenders. Any proposed increase in the Aggregate Commitment may be requested from existing Lenders, new prospective lenders (which are Persons which would be permitted to be assignees pursuant to Section 10.06 and are approved by the Administrative Agent, the L/C Administrator Administrator, the Fronting Banks and the Swing Line Lender, which approvals shall not be unreasonably withheld), or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Commitment provided by a Person not already a Lender shall be in a principal amount of $5,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Commitment may elect or decline, in its sole discretion, to provide an incremental Commitment.. (c)
Appears in 1 contract
Samples: Credit Agreement (Globe Life Inc.)
Proposed Lenders. Any proposed increase in the Aggregate Revolving Commitment may be requested from existing Lenders, new prospective lenders (which are Persons which would be permitted to be assignees pursuant to Section 10.06 and are approved by the Administrative Agent, the L/C Administrator Administrator, the Fronting Banks and the Swing Line Lender, which approvals shall not be unreasonably withheld), or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Revolving Commitment provided by a Person not already a Lender shall be in a principal amount of $5,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Revolving Commitment may elect or decline, in its sole discretion, to provide an incremental Commitment.
Appears in 1 contract
Samples: Credit Agreement (Torchmark Corp)
Proposed Lenders. Any proposed increase in the Aggregate Commitment Commitments may be requested from existing Lenders, new prospective lenders (which are Persons which would be permitted to be assignees pursuant to Section 10.06 and are approved by the Administrative Agent, the L/C Administrator Administrator, the Fronting Banks and the Swing Line Lender, which approvals shall not be unreasonably withheld), or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Commitment provided by a Person not already a Lender shall be in a principal amount of $5,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Commitment may elect or decline, in its sole discretion, to provide an incremental Commitment.all
Appears in 1 contract
Samples: Credit Agreement (Globe Life Inc.)
Proposed Lenders. Any proposed increase in the Aggregate Commitment Commitments may be requested from existing Lenders, new prospective lenders (which are Persons which would be permitted to be assignees pursuant to Section 10.06 and are approved by the Administrative Agent, the L/C Administrator Administrator, the Fronting Banks and the Swing Line Lender, which approvals shall not be unreasonably withheld), or a combination thereof, as selected by, and with such allocations of committed amounts as may be determined by, the lead arranger(s) thereof and/or the Borrower, provided that any incremental Commitment provided by a Person not already a Lender shall be in a principal amount of $5,000,000 or an integral multiple of $500,000 in excess thereof. Any Lender approached to provide all or a portion of the incremental Commitment may elect or decline, in its sole discretion, to provide an incremental Commitment.. (c)
Appears in 1 contract
Samples: Credit Agreement (Globe Life Inc.)