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

• So long as there has been no prior increase in the Commitments under this Section 11.5, each Bank, for a period of 15 days following receipt of such notice, may (but shall have no obligation to) elect by notice to the Company and the Agent to increase such Bank's Commitment by its pro rata share of the Increased Commitment Amount (such pro rata share to be determined on the basis of the Commitments in effect immediately before such increase is requested).

• Such Request for Increase shall be for an amount no less than $5,000,000 (the requested amount of the increase shall be referred to herein as, the "Requested Increased Commitment Amount").

• The Borrowers shall prepay any Advances outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to this Agreement) and may borrow on a non-ratable basis from any Lender or Additional Commitment Lender committed to a portion of the applicable Increased Commitment Amount, in each case to the extent necessary to keep the outstanding Advances ratable with any revised Pro Rata Share arising from any nonratable increase in the Commitments under this Section.

• Upon such request to increase the Maximum Commitment Amount, WFRF shall have the right (but not the obligation) to increase its Commitment by an amount equal to the lower of the Requested Increased Commitment Amount or an amount identified by WFRF in written notice to the Borrowers and Agent (it being understood that WFRF may or may not elect to increase its Commitment in its sole discretion).

• 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.

More Definitions of Increased Commitment Amount

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 2.20.

Increased Commitment Amount is defined in Section 10.1.

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."