Common use of Right to Increase Commitments Clause in Contracts

Right to Increase Commitments. Provided that there is not continuing any Event of Default or Potential Default, if the Borrowers wish to increase the Revolving Credit Commitments, TGI, as agent for the Borrowers, shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 and a maximum of $15,000,000. Each Bank shall have the right at any time within thirty (30) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s Ratable Share, and any portion of such requested increase which is not provided by any Bank shall be available to the other Banks, and thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGI, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which becomes a party to this Agreement pursuant to Section 10.11. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers in exchange for the surrender of the existing Notes.

Right to Increase Commitments. Provided that there is not continuing any no Event of Default or Potential Default, if the Borrowers wish Borrower wishes to increase the Revolving Credit Commitments, TGI, as agent for the Borrowers, Borrower shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 and a maximum the aggregate of all such increases shall not exceed $15,000,00050,000,000. Each Bank shall have the right at any time within thirty (30) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s Ratable Share, and any portion of such requested increase which is not provided by any Bank shall be available to the other Banks, and thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGIthe Borrower, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which becomes a party to this Agreement pursuant to Section 10.11. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers Borrower in exchange for the surrender of the existing Notes.

Right to Increase Commitments. Provided that there is not continuing any no Event of Default or Potential Default, if the Borrowers wish Borrower wishes to increase the Revolving Credit Commitments, TGI, as agent for the Borrowers, Borrower shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 5,000,000 and a maximum the aggregate of all such increases in the Revolving Credit Commitments shall not exceed $15,000,00050,000,000 from and after the Closing Date. Each Bank shall have the right at any time within thirty fifteen (3015) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s 's Ratable Share, and any portion of such requested increase which that is not provided by any Bank shall shall: (i) first be available to the other BanksBanks pro rata in accordance with their Ratable Share, (ii) next be available to the other Banks in such a manner as the Borrower, the Agent and those Banks shall agree, and (iii) thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGIthe Borrower, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which that becomes a party to this Agreement pursuant to Section 10.1111.11 [Successors and Assigns; Joinder of a Bank]. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2Section 2.11, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers Borrower in exchange for the surrender of the existing Notes.

Right to Increase Commitments. Provided that there is not continuing any no Event of Default or Potential Default, if the Borrowers wish to increase the Revolving Credit Commitments, TGI, as agent for the Borrowers, shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 and a maximum the aggregate of all such increases shall not exceed $15,000,00050,000,000. Each Bank shall have the right at any time within thirty (30) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s Ratable Share, and any portion of such requested increase which is not provided by any Bank shall be available to the other Banks, and thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGI, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which becomes a party to this Agreement pursuant to Section 10.11. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers in exchange for the surrender of the existing Notes.

Right to Increase Commitments. Provided that there is not continuing any Event of Default or Potential Default, if the Borrowers wish to increase the Revolving Credit Commitments, TGI, as agent for the Borrowers, shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 and a maximum of $15,000,00050,000,000. Each Bank shall have the right at any time within thirty (30) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s Ratable Share, and any portion of such requested increase which is not provided by any Bank shall be available to the other Banks, and thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGI, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which becomes a party to this Agreement pursuant to Section 10.11. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers in exchange for the surrender of the existing Notes.

Right to Increase Commitments. Provided that there is not continuing any no Event of Default or Potential Default, if the Borrowers wish Borrower wishes to increase the its Revolving Credit CommitmentsCommitment, TGI, as agent for the Borrowers, Borrower shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 and a maximum the aggregate of all such increases shall not exceed $15,000,00025,000,000. Each Bank shall have the right at any time within thirty (30) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s 's Ratable Share, and any portion of such requested increase which is not provided by any Bank shall be available to the other BanksBanks pro rata in accordance with their Revolving Credit Commitments, and thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGIthe Borrower, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which becomes a party to this Agreement pursuant to Section 10.11. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers Borrower in exchange for the surrender of the existing Notes.

Right to Increase Commitments. Provided that there is not continuing any no Event of Default or Potential Default, if the Borrowers wish Borrower wishes to increase the Revolving Credit Commitments, TGI, as agent for the Borrowers, Borrower shall notify the Administrative Agent thereof, provided that any such increase shall be a one time increase and shall be in a minimum of $10,000,000 5,000,000 and a maximum the aggregate of all such increases in the Revolving Credit Commitments shall not exceed $15,000,00025,000,000 from and after the Closing Date. Each Bank shall have the right at any time within thirty fifteen (3015) days following such notice to increase its respective Revolving Credit Commitment so as to provide such added commitment pro rata in accordance with such Bank’s 's Ratable Share, and any portion of such requested increase which that is not provided by any Bank shall shall: (i) first be available to the other BanksBanks pro rata in accordance with their Ratable Share, (ii) next be available to the other Banks in such a manner as the Borrower, the Agent and those Banks shall agree, and (iii) thereafter, to the extent not provided by the Banks, to any additional bank proposed by TGIthe Borrower, which is approved by the Administrative Agent (which approval shall not be unreasonably withheld) and which that becomes a party to this Agreement pursuant to Section 10.1111.11 [Successors and Assigns; Joinder of a Bank]. In the event of any such increase in the aggregate Revolving Credit Commitments effected pursuant to the terms of this subsection 2.1.2Section 2.11, new Notes shall, to the extent necessary, be executed and delivered by the Borrowers Borrower in exchange for the surrender of the existing Notes.