Common use of Request for Increase Clause in Contracts

Request for Increase. Provided there exists no Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) 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 $25,000,000. At the time of sending such notice, the Borrowers (in consultation with the 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 (Alexander & Baldwin, Inc.), Credit Agreement (Alexander & Baldwin, Inc.), Credit Agreement (Alexander & Baldwin, Inc.)

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Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Borrower Agent may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Revolver Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00025,000,000 on the terms and conditions set forth herein; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,0005,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Borrower Agent (in consultation with the 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: Loan Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (Lawton Surgery Investment Company, LLC)

Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), at any time after the Borrowers Closing Date, the Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Total Commitment 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 $25,000,00020,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers 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).

Appears in 3 contracts

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

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000150,000,000; provided that any such request for an increase shall be in a minimum amount of $25,000,00010,000,000 and, if greater than $10,000,000, in whole increments of $1,000,000 in excess thereof, unless the Administrative Agent and the Borrower agree otherwise. At the time of sending such notice, the Borrowers 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).

Appears in 3 contracts

Samples: Credit Agreement (Ashford Hospitality Prime, Inc.), Credit Agreement (Ashford Hospitality Prime, Inc.), Credit Agreement (Ashford Hospitality Prime, Inc.)

Request for Increase. Provided there exists no Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Lead Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000250,000,000; provided that provided, that, (i) any such request for an increase shall be in a minimum amount of $25,000,00010,000,000, (ii) the Lead Borrower may make a maximum of five (5) such requests, and (iii) as of the date of such request no Default or Event of Default shall exist or have occurred and be continuing. At the time of sending such notice, the Borrowers Lead 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 (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 2 contracts

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

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) 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 $25,000,00025,000,000 (unless the Administrative Agent agrees to a smaller amount), and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers 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).

Appears in 2 contracts

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

Request for Increase. Provided there exists no Event of Default, upon notice to the Agent (which shall promptly notify the Revolving Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitmentseach such increase, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000a “Commitment Increase”); provided that any (i) each such request for an increase a Commitment Increase shall be in a minimum amount of $25,000,00010,000,000 and (ii) the aggregate amount of all Commitment Increases shall not exceed $50,000,000 from and after the Closing. At the time of sending any such notice, the Borrowers Borrower (in consultation with the 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 2 contracts

Samples: Credit Agreement (Unitil Corp), Credit Agreement

Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all 75911819_12 such requests) not exceeding $500,000,000200,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers 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).

Appears in 2 contracts

Samples: Credit Agreement (Ross Stores Inc), Credit Agreement (Ross Stores Inc)

Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate aggregate Revolving Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (not exceeding $100,000,000 in the aggregate for all such requests) not exceeding $500,000,000increases; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,00010,000,000 and (ii) the Borrower may make a maximum of five (5) such requests. At the time of sending such notice, the Borrowers 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).

Appears in 2 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), prior to two (2) years after the Borrowers Closing Date, the Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00050,000,000 in the aggregate; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,00020,000,000, and (ii) the Borrower may make a maximum of two (2) such requests. At the time of sending such notice, the Borrowers 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).

Appears in 2 contracts

Samples: Credit Agreement (Agree Realty Corp), Credit Agreement (Agree Realty Corp)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the applicable Borrower or Borrowers may may, from time to time, time after the Closing Date, but no more than one time in any calendar year, request an increase in the principal amount of either or both of the Term Loan Facilities or of the Aggregate Revolving Credit Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) 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 $25,000,000100,000,000. At the time of sending such notice, the Borrowers (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 (Western Digital Corp), Credit Agreement (Western Digital Corp)

Request for Increase. Provided there no Event of Default then exists no Defaultor would arise therefrom, upon notice to the Agent and the Arranger (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Loans by an amount (for all such requestsrequests in the aggregate) not exceeding $500,000,00040,000,000; provided that (i) any such request for an increase shall be in a minimum amount increments of $25,000,00010,000,000 and (ii) the Borrower may make a maximum of three (3) such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the AgentAgent and the Arranger) 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 2 contracts

Samples: Second Lien Credit Agreement (Sequential Brands Group, Inc.), Second Lien Credit Agreement (Sequential Brands Group, Inc.)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers may from Borrower may, at any time to time, after following the Closing Date, but no more than one time in any calendar yeardate of the Borrowing under the Term Loan, request an increase in of the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Term Loan 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 $25,000,000, and (ii) the Borrower may make a maximum of four such requests. At the time of sending such notice, the Borrowers 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 LendersLenders or such shorter time as agreed to by the Administrative Agent and the Borrower).

Appears in 1 contract

Samples: Term Loan Agreement (Plum Creek Timber Co Inc)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00050,000,000.00 (an “Incremental Facility”); provided that (i) any such request for an increase Incremental Facility shall be in a minimum amount of $25,000,00010,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers 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).

Appears in 1 contract

Samples: Credit Agreement (BJs RESTAURANTS INC)

Request for Increase. Provided there no Default or Event of Default then exists no Defaultor would arise therefrom, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Lead Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00075,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,00015,000,000, and (ii) the Lead Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Lead Borrower (in consultation with the 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 (Lumber Liquidators Holdings, Inc.)

Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Agent (which shall promptly notify the LendersBanks), the Borrowers Borrower may from at any time to time, after during the one (1) year period following the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00025,000,000.00; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,0005,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the Agent) shall specify the time period within which each Lender Bank 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 LendersBanks).

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000200,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,000, and (ii) the Borrower may make CREDIT AGREEMENT – Page 48 a maximum of three such requests. At the time of sending such notice, the Borrowers 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).

Appears in 1 contract

Samples: Credit Agreement (United States Cellular Corp)

Request for Increase. Provided there exists no Default or Event of Default, upon notice to to, and with the consent of, the Administrative Agent (which shall promptly notify the LendersParticipants), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00050,000,000; provided that (A) any such request for an increase shall be in a minimum amount of $25,000,000, and (B) the Borrower may make a maximum of two such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender Participant 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 LendersParticipants).

Appears in 1 contract

Samples: Credit Agreement (Willbros Group Inc)

Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000200,000,000 in the aggregate; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,000, and (ii) the Borrower may make a maximum of five such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Appropriate 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 Appropriate Lenders).

Appears in 1 contract

Samples: Credit Agreement (Integra Lifesciences Holdings Corp)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000250,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,000, and (ii) the Borrower may make CREDIT AGREEMENT – Page 47 a maximum of three such requests. At the time of sending such notice, the Borrowers 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).

Appears in 1 contract

Samples: Credit Agreement (Telephone & Data Systems Inc /De/)

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Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Term Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments Term Loans or a new tranche of Term Loans (which increase may take the form of additional Commitments, one or more term loan tranches, or bothan (“Incremental Tranche”) by an amount (for all such requests, when aggregated with any increases under Section 2.15) not exceeding $500,000,00025,000,000; provided that any such request for an increase shall be in a minimum amount of $25,000,0005,000,000. At the time of sending such notice, the Borrowers 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 (Gsi Group Inc)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Facility by an amount (for all such requests) not exceeding $500,000,00075,000,000 (an “Incremental Facility”); provided that (i) any such request for an increase Incremental Facility shall be in a minimum amount of $25,000,00010,000,000, and (ii) the Borrower may make a maximum of three (3) such requests. At the time of sending such notice, the Borrowers Borrower (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 Lenders).

Appears in 1 contract

Samples: Credit Agreement (Irobot Corp)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000100,000,000; provided that any such request for an increase shall be in a minimum amount of $25,000,00025,000,000 and in increments of $5,000,000 in excess thereof or, if less, the entire remaining unused amount of the increase option provided herein. At the time of sending such notice, the Borrowers 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).

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc.)

Request for Increase. Provided there no Default then exists no Defaultor would arise therefrom, upon notice to the Agent (which shall promptly notify the Revolving Lenders), the Borrowers Lead Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Revolving Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,00025,000,000; provided that (i) any such request for an increase shall be in a minimum amount of $25,000,0005,000,000, and (ii) the Lead Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Lead Borrower (in consultation with the Agent) shall specify the time period within which each Revolving 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 Revolving Lenders).

Appears in 1 contract

Samples: Credit Agreement (Alco Stores Inc)

Request for Increase. Provided there exists no Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Revolving Commitment by an amount (for all such requestsincreases) not exceeding $500,000,000100,000,000 (an “Incremental Facility”); provided that (i) any such request for an increase shall be in a minimum amount of $25,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the 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 and Security Agreement (Ameresco, Inc.)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Facility by an amount (for all such requests) not exceeding $500,000,00025,000,000 (an “Incremental Facility”); provided that (i) any such request for an increase Incremental Facility shall be in a minimum amount of $25,000,00010,000,000, and (ii) the Borrower may make a maximum of two (2) such requests. At the time of sending such notice, the Borrowers 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 (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Forest Road Acquisition Corp.)

Request for Increase. Provided there exists no Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Lead Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) by an amount (for all such requests) not exceeding $500,000,000400,000,000; provided that provided, that, (i) any such request for an increase shall be in a minimum amount of $25,000,00010,000,000, (ii) the Lead Borrower may make a maximum of five (5) such requests, and (iii) as of the date of such request no Default or Event of Default shall exist or have occurred and be continuing. At the time of sending such notice, the Borrowers Lead 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 (10) Business Days from the date of delivery of such notice to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (Supervalu Inc)

Request for Increase. Provided there no Default or Event of Default then exists no Defaultor would arise therefrom, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Lead Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) 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 $25,000,00015,000,000, and (ii) the Lead Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Lead Borrower (in consultation with the 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 (Lumber Liquidators Holdings, Inc.)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify such of the LendersBanks as the Borrower may direct), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Total Revolving Loan Commitment 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 $25,000,00020,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender Bank directed to be notified by the Borrower is requested to respond (which which, unless waived by such Banks, shall in no event be less than ten five Business Days from the date of delivery of such notice to the Lenderssuch Banks).

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

Request for Increase. Provided there exists no Default or Event of Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Revolving Credit Facility by an amount (for all such requests) not exceeding $500,000,00050,000,000; provided that any such request for an increase shall be in a minimum amount of (i) $25,000,0005,000,000, or an integral multiple thereof, and (ii) the Parent Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Parent Borrower (in consultation with the 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: Revolving Credit Agreement (Sl Industries Inc)

Request for Increase. Provided there exists no Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Revolving Commitment by an amount (for all such requestsincreases) not exceeding $500,000,00025,000,000 (an “Incremental Facility”); provided that (i) any such request for an increase shall be in a minimum amount of $25,000,0005,000,000, and (ii) the Borrower may make a maximum of three such requests. At the time of sending such notice, the Borrowers Borrower (in consultation with the 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 and Security Agreement (Ameresco, Inc.)

Request for Increase. Provided that immediately prior to and after giving effect thereto there exists no Event of Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate aggregate amount of the Lenders’ Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) 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 $25,000,000100,000,000 or, if less, the amount remaining available for all such increases. At the time of sending such notice, the Borrowers 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).

Appears in 1 contract

Samples: Credit Agreement (Antero Midstream Partners LP)

Request for Increase. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrowers Borrower may from time to time, after the Closing Date, but no more than one time in any calendar year, request an increase in the Aggregate Commitments (which increase may take the form of additional Commitments, one or more term loan tranches, or both) Facility by an amount (for all such requests) not exceeding $500,000,00050,000,000 (an “Incremental Facility”); provided that (i) any such request for an increase Incremental Facility shall be in a minimum amount of $25,000,00010,000,000, and (ii) the Borrower may make a maximum of three (3) such requests. At the time of sending such notice, the Borrowers Borrower (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 Lenders).

Appears in 1 contract

Samples: Credit Agreement (Irobot Corp)

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