Common use of Requests for Increase by Borrower Clause in Contracts

Requests for Increase by Borrower. The Borrower shall have the right, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 7 contracts

Samples: Senior Secured Credit Agreement (Ares Capital Corp), Senior Secured Credit Agreement (Ares Capital Corp), Senior Secured Credit Agreement (Ares Capital Corp)

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Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser shorter period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 6 contracts

Samples: Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Assignment and Assumption (Goldman Sachs Middle Market Lending Corp.)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser shorter period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Commitment Termination Date; provided that:

Appears in 5 contracts

Samples: Senior Secured (Sixth Street Lending Partners), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is expected to be effective (the date of actual effectiveness, the “Commitment Increase Date”), which shall be a Business Day at least three (3) Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 at least thirty (30) days prior to the Commitment Termination Date; provided that:

Appears in 4 contracts

Samples: Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.), Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser shorter period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Commitment Termination Date; provided that, subject to the foregoing, each Commitment Increase shall become effective only upon satisfaction of the following conditions:

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (North Haven Private Income Fund LLC), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund LLC)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Assignment and Assumption (Stellus Capital Investment Corp), Secured Revolving Credit Agreement (Stellus Capital Investment Corp)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.), Revolving Credit Agreement (Hercules Capital, Inc.)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Stellus Capital Investment Corp), Senior Secured (Pennantpark Investment Corp)

Requests for Increase by Borrower. The Borrower shall have the right, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by providing notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Guarantee and Security Agreement (Franklin BSP Capital Corp), Senior Secured Credit Agreement (Franklin BSP Lending Corp)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is expected to be effective (the date of actual effectiveness, the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Bain Capital Private Credit), Revolving Credit Agreement (Bain Capital Private Credit)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Extended Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Pennantpark Investment Corp), Revolving Credit Agreement (Pennantpark Investment Corp)

Requests for Increase by Borrower. The Borrower shall have the right, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Resource Capital Corp.), Secured Revolving Credit Agreement (American Capital, LTD)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Revolving Credit Agreement Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (TPG Specialty Lending, Inc.)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser shorter period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Extended Commitment Termination Date; provided that:

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Assignment and Assumption (Goldman Sachs BDC, Inc.)

Requests for Increase by Borrower. The Borrower shall have the right, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Commitments of a Class Revolving Credit Agreement hereunder be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Ares Capital Corp)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is expected to be effective (the date of actual effectiveness, the “Commitment Increase Date”), which shall be a Business Day at least three (3) Business Days (or such lesser shorter period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Sixth Street Lending Partners)

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Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose that the Revolving Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Revolving Commitment Increase”) by notice to the Administrative Agent, specifying each existing Revolving Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Revolving Commitment and the Amended and Restated Credit Agreement date on which such increase is to be effective (the “Revolving Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and at least 30 days prior to the Commitment Revolving CommitmentClass B Termination Date; , provided that:

Appears in 1 contract

Samples: Credit Agreement (BlackRock Kelso Capital CORP)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose without premium or penalty under this Agreement, request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is expected to be effective (the date of actual effectiveness, the “Commitment Increase Date”), which shall be a Business Day at least three (3) Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 at least thirty (30) days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Extended Revolver Termination Date, to propose that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by notice (the “Commitment Increase Notice”) to the Administrative Agent, Agent specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which date shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:Days

Appears in 1 contract

Samples: Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Dollar Commitments of a Class hereunder or Multicurrency Commitments be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed (in its sole discretion) to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Apollo Investment Corp)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder of Commitments be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (New Mountain Finance Corp)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such Revolving Credit Agreement increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Guarantee and Security Agreement (Pennantpark Investment Corp)

Requests for Increase by Borrower. The Borrower shall have the right, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three (3) Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 at least thirty (30) days prior to the Commitment Termination Date; provided that no Lender shall be obligated to provide any increased Commitment; provided, further that:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Owl Rock Technology Income Corp.)

Requests for Increase by Borrower. The Borrower shall have the right, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Commitments of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Assignment and Assumption (Corporate Capital Trust, Inc.)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Datetime, to propose request that the Commitments hereunder of a Class hereunder be increased (each such proposed increase being a “Commitment Increase”) by ), upon notice to the Administrative AgentAgent (who shall promptly notify the Lenders), specifying which notice shall specify each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is expected to be effective (the date of actual effectiveness, the “Commitment Increase Date”), which shall be a Business Day at least three (3) Business Days (or such lesser shorter period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 at least thirty (30) days prior to the Extended Commitment Termination Date; provided that:

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund)

Requests for Increase by Borrower. The Borrower shall have the rightmay, at any time after the Restatement Effective Date but prior to the Commitment Termination Date, to propose that the Dollar Commitments of a Class hereunder or Multicurrency Commitments be increased (each such proposed increase being a “Commitment Increase”) by notice to the Administrative Agent, specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed to an additional Commitment and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days (or such lesser period as the Administrative Agent may reasonably agree) after delivery of such notice and 30 days prior to the Commitment Termination Date; provided that:: Revolving Credit Agreement

Appears in 1 contract

Samples: Senior Secured (Apollo Investment Corp)

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