Common use of Temporary Increase Clause in Contracts

Temporary Increase. Upon the satisfaction of the conditions precedent set forth in Section 2.16(c), each of the Maximum Commitment and the Commitment of the Initial Lender will be increased based on the amount of the Temporary Increase immediately prior to the Temporary Increase Effective Date; provided that the Initial Lender’s Commitment (x) shall be reduced by any additional or new Commitments obtained from existing or additional Lenders, as applicable, prior to the Temporary Increase Maturity Date and (y) shall automatically be reduced to $325,000,000 on the Temporary Increase Maturity Date.

Temporary Increase. Upon the satisfaction of the conditions precedent set forth in Section 2.16(c), each of the Maximum Commitment and the Commitment of the Initial Lender will be increased based on the amount of the Temporary Increase immediately prior to the Temporary Increase Effective Date; provided that the Initial Lender’s Commitment (x) shall be reduced by any additional or new Commitments obtained from existing or additional Lenders, as applicable, prior to the Temporary Increase Maturity Date and (y) shall automatically be reduced to $325,000,000 300,000,000325,000,000 on the Temporary Increase Maturity Date.