Examples of Requested Revolver Increase in a sentence
In this line, a typical experiment asks individuals to determine rates of redistribution without knowing their pay- offs.
After giving effect to the procedures described in this subsection 1.1.7, each Lender participating in the Requested Revolver Increase shall have its Revolving Loan Commitment increase to the extent of its participation and, upon the request of such Lender, Borrowers will execute a replacement Revolving Note for such Lender reflecting the increased amount of its Revolving Loan Commitment.
No Increase Notice may be given unless it relates to a Requested Revolver Increase of at least $5,000,000 and no more than three Increase Notices may be delivered by Borrowers pursuant to this subsection 1.1.7. In connection with any increase of the Revolving Loan Commitments that occurs pursuant to this subsection 1.1.7, Borrowers shall pay any closing fees as may be agreed among Borrowers and the Lenders participating in such increase.
Borrowers agree to execute such amendments and supplements to the Loan Documents as Agent reasonably deems necessary in connection with a Requested Revolver Increase and further agree to pay to Lenders a commitment fee and to Agent an arrangement fee to be determined by Agent and Borrowers in connection with the Requested Revolver Increase.
If there is less than full participation by existing Lenders in the Requested Revolver Increase after the foregoing procedures are completed, then one or more new Lenders reasonably acceptable to the Agent, and Borrowers may be added as parties to this Agreement for purposes of participating in such remaining portion.
After giving effect to the procedures described in this paragraph, each Lender participating in the Requested Revolver Increase shall have its Revolving Loan Commitment increase to the extent of its participation as determined by Agent and, upon the request of such Lender, Borrowers will execute a replacement Revolving Note for such Lender reflecting the increased amount of its Revolving Loan Commitment.
If one or more of the Lenders elect not to participate in the Requested Revolver Increase, then the Lenders participating in the Requested Revolver Increase may, at their option, elect to participate in such remaining portion of the Requested Revolver Increase (with such remaining portion to be allocated ratably among such participating Lenders based on their respective Revolving Loan Percentages or as otherwise may be agreed by such participating Lenders).
If one or more Lenders with Revolving Loan Commitments elect not to participate in the Requested Revolver Increase, or if such participation is for less than the full amount of the Requested Revolver Increase, then Agent may, at its option and in its separate capacities as a Lender, elect to participate in such remaining portion of the Requested Revolver Increase or permit one or more existing Lenders to participate in the remaining portion of the Required Revolver Increase.
If there is less than full participation by existing Lenders with Revolving Loan Commitments in a Requested Revolver Increase to which each Agent has consented after the foregoing procedures, then one or more new Lenders acceptable to the Borrower, subject to the reasonable satisfaction of the Agents, may be added as parties to this Agreement for purposes of participating in such remaining portion.
If one or more Lenders with Revolver Commitments elect not to participate in the Requested Revolver Increase, or if such participation is for less than the full amount of the Requested Revolver Increase, then Agent may, at its option and in its separate capacities as a Lender, elect to participate in such remaining portion of the Requested Revolver Increase or permit one or more existing Lenders to participate in the remaining portion of the Required Revolver Increase.