Common use of Temporary Increase Borrowings Clause in Contracts

Temporary Increase Borrowings. At any time prior to the Scheduled Reduction Date, to the extent that (i) the Principal Obligations equal or exceed the Commitments under the Primary Tranche and (ii) the aggregate Principal Obligations do not exceed the Available Commitment and subject to the other terms and conditions set forth herein, any Loan requested by a Borrower in accordance with Section 2.3(a) shall be funded as a Temporary Increase Loan. Temporary Increase Loans shall be Loans and part of the Obligations in all respects, other than with respect to the Lenders’ funding obligations and ratable participations with respect thereto as set forth in this Section 2.16. Temporary Increase Loans will be secured by the Collateral in the same manner and to the same extent as all other Loans and will be pari passu with all other Loans in all respects. Provided that all applicable conditions precedent for a Loan in Sections 2.1 and 6.2 have been satisfied, the Temporary Increase Lenders will exclusively fund pro rata based on their respective Temporary Increase Commitments, at any time and from time to time, Temporary Increase Loans requested by a Borrower in accordance with Section 2.3(a); provided that, after giving effect to such Temporary Increase Loan, the aggregate Temporary Increase Loans would not exceed the aggregate Temporary Increase Commitments. No Lender other than the Temporary Increase Lenders will have any right or duty to fund Temporary Increase Loans. As a result of such exclusive participation in the Temporary Increase Tranche, the Principal Obligations may from time to time prior to the Scheduled Reduction Date be allocated amongst the Lenders in proportions other than their pro rata share of the aggregate Commitments.

Temporary Increase Borrowings. At any time prior to the Scheduled Reduction Date, to the extent that (i) the Principal Obligations equal or exceed the Commitments under the Primary Tranche and (ii) the aggregate Principal Obligations do not exceed the Available Commitment and subject to the other terms and conditions set forth herein, any Loan requested by a Borrower in accordance with Section 2.3(a) shall be funded as a Temporary Increase Loan. Temporary Increase Loans shall be Loans and part of the Obligations in all respects, other than with respect to the Lenders’ funding obligations and ratable participations with respect thereto as set forth in this Section 2.162.16 . Temporary Increase Loans will be secured by the Collateral in the same manner and to the same extent as all other Loans and will be pari passu with all other Loans in all respects. Provided that all applicable conditions precedent for a Loan in Sections 2.1 and 6.2 have been satisfied, the Temporary Increase Lenders will exclusively fund pro rata based on their respective Temporary Increase Commitments, at any time and from time to time, Temporary Increase Loans requested by a Borrower in accordance with Section 2.3(a); provided that, after giving effect to such Temporary Increase Loan, the aggregate Temporary Increase Loans would not exceed the aggregate Temporary Increase Commitments. No Lender other than the Temporary Increase Lenders will have any right or duty to fund Temporary Increase Loans. As a result of such exclusive participation in the Temporary Increase Tranche, the Principal Obligations may from time to time prior to the Scheduled Reduction Date be allocated amongst the Lenders in proportions other than their pro rata share of the aggregate Commitments.