Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the Revolving Credit Facility and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increase.
Appears in 12 contracts
Samples: Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Ferroglobe PLC), Credit Agreement (Matrix Service Co)
Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the its Revolving Credit Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable PercentageRevolving Credit Percentage of such requested increase. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increaseincrease its Revolving Credit Commitment.
Appears in 6 contracts
Samples: Credit Agreement (Clarcor Inc.), Credit Agreement (Clarcor Inc.), Credit Agreement (Clarcor Inc.)
Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the Revolving Credit Facility and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increase.. (c)
Appears in 4 contracts
Samples: Credit Agreement (Lifecore Biomedical, Inc. \De\), Credit Agreement (Matrix Service Co), Credit Agreement (Lifecore Biomedical, Inc. \De\)
Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the its Revolving Credit Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable PercentagePercentage of such requested increase. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increaseincrease its Revolving Credit Commitment.
Appears in 2 contracts
Samples: Credit Agreement (Exponential Interactive, Inc.), Credit Agreement (Exponential Interactive, Inc.)
Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the its Revolving Credit Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable PercentagePercentage of the requested Revolving Credit Commitment Increase. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increaseincrease its Revolving Credit Commitment.
Appears in 2 contracts
Samples: Credit Agreement (Masonite International Corp), Credit Agreement (Masonite International Corp)
Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the its Revolving Credit Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable PercentagePercentage of the requested Revolving Credit Commitment Increase. Any Revolving Credit Lender not 3616092.7 96 responding within such time period shall be deemed to have declined to commit to any portion of the requested increaseincrease its Revolving Credit Commitment.
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Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the Revolving Credit Facility its Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable PercentagePercentage of such requested increase. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increaseincrease its Commitment.
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Revolving Credit Lender Elections to Increase. Each Revolving Credit Lender shall notify the Administrative Agent within such time period whether or not it agrees in its sole discretion to commit to a portion of the requested increase of the its Revolving Credit Facility Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable PercentageRevolving Credit Percentage of such requested increase. Any Revolving Credit Lender not responding within such time period shall be deemed to have declined to commit to any portion of the requested increaseincrease its Revolving Credit Commitment.
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