Increased Commitment Amount definition

Increased Commitment Amount has the meaning specified in Section 2.18(b).

Increased Commitment Amount shall have the meaning given to that term in Section 14.1.

Increased Commitment Amount means, at any time, aggregate amount of all increases pursuant to this proviso made at or prior to such time less the aggregate amount of all voluntary reductions of the Revolving Credit Commitments made prior to such time. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the affected Lenders and shall be binding upon the Borrower, the Canadian Borrower, such Lenders, the Administrative Agent and all future holders of the affected Loans. In the case of any waiver, the Borrower, the Lenders and the Administrative Agent shall be restored to their former positions and rights hereunder and under the other Credit Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing, it being understood that no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon.

Examples of Increased Commitment Amount in a sentence

• Effective on the effective date of this Supplement pursuant to Section 3 below, each of the undersigned Increasing Lenders hereby agrees to increase its Commitment by the amount of its applicable Increased Commitment Amount.

• No more than two increases in the Aggregate Commitment Amount may be effected pursuant to this Section 2.8. No Lender shall be obligated to increase its Commitment Amount as a result of any such request by the Borrower, but no Lender (other than the Administrative Agent, in that capacity) shall have any right to object to the allocation of any Increased Commitment Amount among the other Lenders (including any Person who will become a Lender in connection therewith).

• The parties hereto shall enter into a further amending agreement to this Agreement to incorporate the new lenders who participate in funding the Requested Increased Commitment Amount, along with the terms and provisions relating thereto.

• Subject to Section 3 above, each Increasing Lender and New Lender severally and not jointly agrees to make its portion of the Additional Term Loan Advances provided for in this Supplement to the Borrower on the Borrowing Date, in a principal amount equal to such Increasing Lender’s Increased Commitment Amount or such New Lender’s New Commitment Amount, as applicable, in accordance with Section 2.16(c) of the Credit Agreement.

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More Definitions of Increased Commitment Amount

Increased Commitment Amount is defined in Section 2.20.

Increased Commitment Amount is defined in Section 10.1.

Increased Commitment Amount means the principal amount of Three Hundred Fifty Million Dollars ($350,000,000) (or such lesser amount or amounts as shall be determined pursuant to Section 2.8(b) or (c) hereof).

Increased Commitment Amount means, at any time, the aggregate amount of all increases pursuant to this proviso made at or prior to such time less the aggregate amount of all voluntary reductions of the Revolving Credit Commitments made prior to such time and provided further, that without the consent of any Lender, the relevant Credit Party or Credit Parties and the Administrative Agent and/or Collateral Agent may (in their respective sole discretion, or shall, to the extent required by any other Credit Document) enter into any amendment, modification or waiver of any Credit Document, or enter into any new agreement or instrument, to effect the granting, perfection, protection, expansion or enhancement of any security interest in any Collateral or additional property to become Collateral for the benefit of the Secured Parties, or as required by local law to give effect to, or protect any security interest for the benefit of the Secured Parties, in any property or so that the security interests therein comply with applicable law. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the affected Lenders and shall be binding upon the US Borrower, the UK Borrower, such Lenders, the Administrative Agent and all future holders of the affected Loans. In the case of any waiver, the US Borrower, the Lenders and the Administrative Agent shall be restored to their former positions and rights hereunder and under the other Credit Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing, it being understood that no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. Upon any sale or other transfer to any Person (other than the US Borrower and any Restricted Domestic Subsidiary) by any Credit Party of any Collateral that is permitted under the Credit Agreement, the relevant Credit Party, together with the Administrative Agent and/or Collateral Agent, shall be permitted, without consent of any Lender, to amend, modify or waive any provision of the Pledge Agreement, the Security Agreement, the Foreign Security Documents or the Mortgages, as applicable, to the extent necessary to effect release of the security interest in such Collateral.

Increased Commitment Amount is defined in SECTION 2.21.

Increased Commitment Amount means, as to each Bank, so long as 100% of the Original Commitment Amount is outstanding, the obligation of such Bank to make Loans in an aggregate amount not exceeding the amounts set opposite such Bank's name under the subcaption "Increased Commitment Amount" on the signature pages of the Fifth Amendment (as the same may be reduced at any time or from time to time pursuant to Section 2.03 hereof).

Increased Commitment Amount means with respect to each Bank, the amount of increase of its outstanding Commitment upon the execution and delivery of the Amendment over its outstanding Commitment immediately preceding the execution and delivery of the First Amendment."