Facility Increase Amendment definition

Facility Increase Amendment means an amendment to this Agreement executed by the Obligors, the Administrative Agent and any Additional Lender containing provisions substantially similar to those set forth in the form attached as Exhibit N and any such additional provisions as may be reasonably requested by such Additional Lender for the purpose of providing such Additional Lender the rights and obligations of a Lender hereunder and under the other Loan Documents.

Facility Increase Amendment as defined in Section 2.26(c)(i).

Facility Increase Amendment means an amendment substantially in the form of Exhibit E.

Examples of Facility Increase Amendment in a sentence

• A Facility Increase Amendment may, without the consent of any other Revolving Credit Lenders, effect such amendments to any Loan Documents as may be reasonably necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.13.

• The Working Capital Facility Increase Amendment and the Share Issue Amendments are hereafter jointly referred to as the "Adjustments".

• This Facility Increase Amendment, duly executed and delivered by the parties hereto.

• From and after the date of such Facility Increase Amendment, each Additional Lender shall be a party hereto and have the rights and obligations of a Lender under this Agreement and the other Loan Documents.

• For the avoidance of doubt, the foregoing shall not be deemed to constitute an agreement by any Lender to enter into a Facility Increase Amendment or increase the amount of its Commitment.

• The Additional Loans shall be made by the Lenders participating therein pursuant to the procedures set forth in Section 2.02 and the applicable Facility Increase Amendment.

• Any such Facility Increase Amendment may, without the consent of any other Banks, effect such amendments to any Credit Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 2.26.

• All documentation and other information reasonably requested by the Additional Lender in connection with this Facility Increase Amendment and the other Loan Documents and required by bank regulatory authorities under applicable “know your customer” rules and Anti-Money Laundering Laws, including Sanctions.

• This Facility Increase Amendment and the rights and obligations of the parties hereunder shall be governed by, and construed in accordance with, the law of the State of New York, without giving effect to any conflict of laws principles that would require the application of the laws of another jurisdiction).

• This Facility Increase Amendment is limited as specified herein and shall not constitute a modification, acceptance or waiver of any other provision of the Credit Agreement.

More Definitions of Facility Increase Amendment

Facility Increase Amendment means an amendment and accession agreement in form and substance reasonably acceptable to the Initial Lender, the Facility Agent and the Borrower pursuant to which an Additional Lender becomes a party to the Credit Agreement and agrees to provide an Additional Commitment in accordance with Clause 19.3(c)(ii) of the Credit Agreement and Schedule II to the Credit Agreement is amended to reflect such Additional Lender and Additional Commitment.

Facility Increase Amendment has the meaning specified in Section 2.12(e).