Notice of Commitment Increase definition

Notice of Commitment Increase has the meaning set forth in Section 2.02(b).

Notice of Commitment Increase has the meaning assigned to such term in Section 2.20(b).

Notice of Commitment Increase a notice in the form of Exhibit C specifying (i) the proposed Commitment Increase Effective Date for any Commitment Increase, (ii) the amount of the requested Commitment Increase, (iii) the amount of such Commitment Increase agreed to by each then existing Lender and evidence of such agreement reasonably satisfactory to the Administrative Agent, such Lender and the Borrower, (iv) the identity of each financial institution not already a Lender (which such financial institution shall be reasonably acceptable to the Administrative Agent), which has agreed with the Borrower to become a Lender to effect such Commitment Increase, accompanied by evidence reasonably satisfactory to the Administrative Agent, such CI Lender and the Borrower of such CI Lender’s agreement thereto and its joinder to this Agreement and (v) the amount of the respective Commitments of the then existing Lenders and any such CI Lenders from and after the Commitment Increase Effective Date. Each such existing Lender or new Lender referenced in (iii) or (iv) being a “CI Lender”.

Examples of Notice of Commitment Increase in a sentence

• The Administrative Agent shall review each Notice of Commitment Increase and shall notify the Borrower whether or not the Administrative Agent consents to the proposed Commitment Increase.

• Delivery of an executed counterpart of this Notice of Commitment Increase by telecopier shall be effective as delivery of an original executed counterpart of this Notice of Commitment Increase.

• Once the Notice of Commitment Increase is fully-executed, such notice and such Commitment Increase shall be effective on the proposed effective date set forth in such notice or on another date agreed to by the Administrative Agent and the Borrower (such date referred to as the “Commitment Increase Effective Date”).

• The Administrative Agent shall deliver a copy of such Initial Notice of Commitment Increase to each Lender via facsimile transmission on or before the third Business Day next succeeding the date the Administrative Agent receives such Initial Notice of Commitment Increase.

• The Administrative Agent shall give prompt notice to each Issuing Bank of its receipt of a Notice of Commitment Increase.

More Definitions of Notice of Commitment Increase

Notice of Commitment Increase means a notice from the CI Lender in accordance with Section 2.23, in substantially the form of Exhibit I.

Notice of Commitment Increase means a notice in the form of Exhibit G specifying (i) the proposed effective date of a Commitment Increase, (ii) the amount of the requested Commitment Increase, (iii) the amount of such Commitment Increase agreed to by each then existing Lender and evidence of such agreement reasonably satisfactory to the Administrative Agent, such Lender and the Borrower, (iv) the identity of each financial institution not already a Lender (which such financial institution shall be reasonably acceptable to the Administrative Agent), which has agreed with the Borrower to become a Lender to effect such Commitment Increase, accompanied by evidence reasonably satisfactory to the Administrative Agent, such CI Lender and the Borrower of such CI Lender’s agreement thereto and its joinder to this Agreement and (v) the amount of the respective Commitments of the then existing Lenders and any such CI Lenders from and after the Commitment Increase Effective Date. Each such existing Lender or new Lender referenced in (iii) or (iv) being a “CI Lender”.

Notice of Commitment Increase is defined in Section 2.25.

Notice of Commitment Increase. “Reducing Percentage Lender” and “Reduction Amount” in appropriate alphabetical order:

Notice of Commitment Increase is defined in Section 2.1.6.

Notice of Commitment Increase is defined in Section 2.21. "Obligations" means all unpaid principal of and accrued and unpaid interest on the Notes, all accrued and unpaid fees and all expenses, reimbursements, indemnities and other obligations of the Borrower to the Lenders or to any Lender, the Agent or any Indemnified Party arising under any of the Loan Documents.

Notice of Commitment Increase shall have the meaning provided in Section 1.01(c).