Examples of Additional Revolving Commitment Amount in a sentence
Each Lender shall have the right for a period of 15 days following receipt of such notice, to elect by written notice to the Borrower and the Administrative Agent to increase its Revolving Commitment by a principal amount equal to its Pro Rata Share of the Additional Revolving Commitment Amount.
The Increase Request shall specify the amount of the Additional Revolving Commitment Amount and the date on which the Additional Revolving Commitment Amount is to become effective (the “Increase Date”) (which shall be a Business Day at least ten Business Days after the delivery of the Increase Request and at least 30 days prior to the Commitment Termination Date).
Each Lender shall have the right for a period of 15 days following receipt of such notice, to elect by written notice to the Borrower and the Administrative Agent to increase its Revolving Credit Commitment by a principal amount equal to its Applicable Percentage of the Additional Revolving Commitment Amount.
Each Lender shall have the right for a period of 10 days following receipt of such notice, to elect by written notice to the Borrower and the Agent to increase its Revolving Commitment or Term Commitment by a principal amount equal to its Pro Rata Share of the Additional Revolving Commitment Amount or its Pro Rata Share of the Additional Term Commitment Amount.
The Borrowers represent and warrant to the Administrative Agent, the Lenders and the Issuing Banks that, after giving effect to the terms of this Amendment, no Default has occurred and been continuing nor shall result from any Additional Revolving Commitment Amount.
Each Lender shall have the right for a period of 15 days following receipt of such notice, to elect by written notice to the Administrative Borrower and the Administrative Agent to increase its Revolving Commitment by a principal amount equal to its Pro Rata Share of the Additional Revolving Commitment Amount.
The amount of each Renewing Lender’s Tranche A-0 Xxxx Xxxx, Xxxxxxx X-0 Term Loan and/or New Revolving Commitments, as applicable, and the amount of each Additional Lender’s Tranche A-4 Term Loan Commitment, Tranche D-2 Term Loan Commitment and/or Additional Revolving Commitment Amount, as applicable, shall be recorded by the Administrative Agent on its books on the First Amendment Effective Date and notified to the applicable New Lender.
Each Lender shall have the right for a period of 10 days following receipt of such notice, to elect by written notice to the Borrower and the Agent to increase its Revolving Commitment by a principal amount equal to its Pro Rata Share of the Additional Revolving Commitment Amount.
The amount of each Additional Revolving Lender’s Additional Revolving Commitment Amount shall be recorded by the Administrative Agent on its books on the Second Amendment Effective Date and notified to the applicable Additional Revolving Lender.