Common use of Request for Increase Clause in Contracts

Request for Increase. Provided no Default exists, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 4 contracts

Samples: Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.)

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Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000150,000,000 in the aggregate; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof25,000,000. No Lender shall be required obligated to increase its Commitment as a result join in such increases. No consent of any such request and only the Lenders who agree to increase their respective Commitments Lender shall be required to consent to for such requestincrease. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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). No such increase shall constitute or be deemed a request for an increase in any sublimit hereunder unless effected in accordance with Section 11.01.

Appears in 3 contracts

Samples: Credit Agreement (Perkinelmer Inc), Credit Agreement (Perkinelmer Inc), Credit Agreement (Perkinelmer Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company Borrower may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000250,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request50,000,000. At the time of sending such notice, the Company Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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). No consent of any Lender (other than Lenders participating in the increase) shall be required for any increase in Commitments under this Section 2.15.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Company may from time to time request an increase in the Aggregate Commitments Term Loans by an amount (for all such requests, together with all increases in the Revolving Credit Facility requested under Section 2.14(a)) not exceeding $500,000,000250,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 25,000,000, and (ii) together with all such requests under Section 2.14(a), the Company may make a maximum of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any four (4) such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Term Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Greif Inc), Credit Agreement (Greif Inc)

Request for Increase. Provided there exists no Default existsor Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 100,000,000, and (ii) the Company may make a maximum of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any five such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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). No consent of any Lender (other than Lenders participating in the increase) shall be required for any increase in Commitments under this Section 2.15.

Appears in 2 contracts

Samples: Credit Agreement (Veralto Corp), Credit Agreement (Danaher Corp /De/)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Company may from time to time request an increase in the Aggregate Commitments Term Loans by an amount (for all such requests, together with all increases in the Revolving Credit Facility requested under Section 2.14(a)) not exceeding $500,000,000550,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 25,000,000, and (ii) together with all such requests under Section 2.14(a), the Company may make a maximum of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any four (4) such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Term Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Greif Inc), Credit Agreement (Greif Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000750,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request50,000,000. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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). No consent of any Lender (other than Lenders participating in the increase) shall be required for any increase in Commitments under this Section 2.15.

Appears in 2 contracts

Samples: Credit Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc)

Request for Increase. Provided no Default exists, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,0001,000,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 2 contracts

Samples: Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.)

Request for Increase. Provided there exists no Default existsand the Company has made no voluntary reduction of the Aggregate Commitments pursuant to Section 2.06, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,00050,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 15,000,000, and (ii) the Company may make a maximum of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any three such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Credit Agreement (Seaboard Corp /De/)

Request for Increase. Provided no Default exists, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof10,000,000. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Credit Agreement (Thermo Electron Corp)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments (which increase may take the form of new revolving or term loan tranches) by an amount (for all such requests) not exceeding $500,000,000100,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 5,000,000 or any whole multiple of $10,000,000 incremental amounts in excess thereof. No Lender shall be required thereof equal to increase its Commitment as $1,000,000 and (ii) the Company may make a result maximum of any 4 such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Credit Agreement (Quaker Chemical Corp)

Request for Increase. Provided no Default exists, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time during the Availability Period request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,0002,000,000,000 (the “Incremental Commitments”); provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Term Loan Agreement (Thermo Fisher Scientific Inc.)

Request for Increase. Provided no Default exists, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time during the Availability Period request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000500,000,000 (the “Incremental Commitments”); provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Term Loan Agreement (Thermo Fisher Scientific Inc.)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments (each such increase, an “Incremental Commitment”) by an amount (for all such requests) not exceeding $500,000,000150,000,000 (to a maximum of $1,000,000,000); provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 25,000,000, or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as 5,000,000, and (ii) the Company may make a result maximum of any four such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Credit Agreement (Reinsurance Group of America Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000140,000,000 minus the amount, if any, by which the then outstanding or committed Indebtedness permitted by Section 7.03(k) exceeds $50,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 25,000,000, and (ii) the Company may make a maximum of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any three such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Credit Agreement (Tetra Tech Inc)

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Request for Increase. Provided there exists no Default existsor Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time (but in any event no more than five (5) times during the term of this Agreement), request an increase in the Aggregate Commitments to a total aggregate amount not to exceed $1,000,000,000, less the amount of any permanent reductions in the Aggregate Commitments requested by an amount (for all such requests) not exceeding $500,000,000the Company pursuant to Section 2.07; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request50,000,000. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days nor more than fifteen Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request50,000,000. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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). No consent of any Lender (other than Lenders participating in the increase) shall be required for any increase in Commitments under this Section 2.15.

Appears in 1 contract

Samples: Credit Agreement (Analog Devices Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,000150,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 25,000,000, (ii) the Company may make a maximum of two such requests, and (iii) no such increase shall increase the Letter of Credit Sublimit or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only other sublimit under the Lenders who agree to increase their respective Commitments shall be required to consent to such requestcredit facility provided for hereunder. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender 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).

Appears in 1 contract

Samples: Credit Agreement (Solectron Corp)

Request for Increase. Provided there exists no Default existsor Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company Borrower may from time to time time, request an increase in the Aggregate Commitments by an amount (for all such requests) not exceeding $500,000,00050,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 10,000,000, (ii) the Borrower may make a maximum of $10,000,000 in excess thereof. No Lender shall one such requests and (iii) no increases may be required to increase its Commitment as a result requested after February 26, 2010 without the prior written consent of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestAdministrative Agent. At the time of sending such notice, the Company Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten four (4) Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Mantech International Corp)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Company Borrower may from time to time time, request an increase in the Aggregate Commitments one or more new term facilities by an amount (for all such requests, and together with any requests made pursuant to Section 2.14 above) not exceeding $500,000,000100,000,000 (an “Incremental Term Facility”); provided that any such request for an increase Incremental Term Facility shall be in a minimum amount (concurrent with any requests made pursuant to Section 2.14 above) of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request25,000,000. At the time of sending such notice, the Company Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender 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 Term Lenders).

Appears in 1 contract

Samples: Credit Agreement (Helix Energy Solutions Group Inc)

Request for Increase. Provided no Default existsor Event of Default has occurred and is continuing, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments (which increase may take the form of new revolving or term loan tranches) by an amount (for all such requests) not exceeding $500,000,000300,000,000; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple 25,000,000 and in increments of $10,000,000 5,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any thereof or, if less, the entire remaining amount available for such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestincreased Commitments. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Bioverativ Inc.)

Request for Increase. Provided there exists no Default existsor Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments to a total aggregate amount not to exceed $750,000,000, less the amount of any permanent reductions in the Aggregate Commitments requested by an amount (for all such requests) not exceeding $500,000,000the Company pursuant to Section 2.07; provided that any such request for an increase shall be in a minimum amount of $10,000,000 or any whole multiple of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such request100,000,000. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days nor more than fifteen Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Company may from time to time time, request an increase in the Aggregate Commitments one or more new term facilities by an amount (for all such requests, and together with any requests made pursuant to Section 2.17 above) not exceeding $500,000,000275,000,000 (an “Incremental Term Facility”); provided that (i) any such request for an increase Incremental Term Facility shall be in a minimum amount of $10,000,000 or any whole multiple 50,000,000 and (ii) the Company may make a maximum of $10,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result of any three (3) such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestrequests. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Term Lender 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 Term Lenders).

Appears in 1 contract

Samples: Credit Agreement (Benchmark Electronics Inc)

Request for Increase. Provided there exists no Default existsDefault, upon notice to the Administrative Agent (which shall promptly notify the Revolving Lenders), the Company may from time to time request an increase in the Aggregate Commitments Revolving Facility by an amount (for all such requestsincreases that become effective) not exceeding $500,000,000100,000,000200,000,000 (an “Incremental Facility”); provided that any such request for an increase Incremental Facility shall be in a minimum amount of $10,000,000 or any whole multiple 25,000,000 and in increments of $10,000,000 5,000,000 in excess thereof. No Lender shall be required to increase its Commitment as a result , or, if less, the entire remaining unused amount of any such request and only the Lenders who agree to increase their respective Commitments shall be required to consent to such requestIncremental Facility. At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Revolving Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Revolving Lenders).

Appears in 1 contract

Samples: Credit Agreement (Fabrinet)

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