Common use of Requests for Increase by Company Clause in Contracts

Requests for Increase by Company. The Company may at any time, by notice to the Administrative Agent, propose that the aggregate amount of the Commitments hereunder be increased (each such proposed increase being a "Commitment Increase"), effective as of a date (the "Commitment Increase Date") that shall be specified in such notice and that shall be prior to the Commitment Termination Date; provided that

Appears in 2 contracts

Samples: Credit Agreement (International Paper Co /New/), 364 Day Credit Agreement (International Paper Co /New/)

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Requests for Increase by Company. The Company may at any timemay, by notice to the Administrative Agent, propose that the aggregate amount of the Commitments hereunder be increased (each such proposed increase being a "Commitment Increase"), effective as of a date (the "Commitment Increase Date") that shall be specified in such notice and that shall be prior to the Commitment Termination Datenotice; provided that:

Appears in 2 contracts

Samples: Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc)

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