Request to Increase to Aggregate Commitments Sample Clauses

Request to Increase to Aggregate Commitments. (a) In addition to its right to request borrowings in excess of the Aggregate Commitment as specified in Section 2.18(A), the Borrower shall also have the right during the Availability Period to send a written request to the Administrative Agent that the Aggregate Commitment be increased by adding to this Agreement one or more other non-conduit lenders or lender groups with a non-conduit lender (which may include any existing Non-Conduit Lender) (each such lender an “Additional Lender”); provided, that each such Additional Lender (and the other members of its proposed lender group, if applicable) shall have entered into an Assignment Agreement or a joinder agreement or other similar agreement in form and substance satisfactory to the Administrative Agent and Borrower pursuant to which such Additional Lender shall (1) undertake a Commitment (and if any such Additional Lender is an existing Non-Conduit Lender, such Commitment shall be in addition to its existing Commitment hereunder), (2) identify the other members of its proposed lender group, and (3) provide the other information specified in the Assignment Agreement or form of joinder agreement and as is requested by the Administrative Agent or the Paying Agent. Such Additional Lender shall thereupon become a “Non-Conduit Lender” and the members of its Lender Group (if applicable) shall become party hereto for all purposes of this Agreement upon the effectiveness of such Assignment Agreement or form of joinder agreement or other approved agreement (the date of the effectiveness of any such agreement being hereinafter referred to as the “Increased Commitment Date”).
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Request to Increase to Aggregate Commitments. (a) In addition to its right to request borrowings in excess of the Aggregate Commitment as specified in Section 2.18(A) hereof, the Borrower shall also have the right during the Availability Period to send a written request to the Administrative Agent that the Aggregate Commitment be increased by adding to this Agreement one or more other non-conduit lenders or lender groups with a non-conduit lender (which may include any existing Non-Conduit Lender) (each such lender an “Additional Lender”); provided, that each such Additional Lender [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Sample 1

Related to Request to Increase to Aggregate Commitments

  • Reductions in Aggregate Commitment The Borrowers may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $10,000,000, upon at least three Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

  • Increase in the Aggregate Commitments (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than 90 days prior to the scheduled Termination Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 shall be satisfied.

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