Incremental Loan Commitment definition

Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).
Incremental Loan Commitment means the commitment of any Lender, established pursuant to Section 2.22, to make Incremental Loans to the Borrower.
Incremental Loan Commitment means, with respect to each Lender, the amount of the offer of such Lender to make Incremental Loans of any Series that is accepted by the Company in accordance with the provisions of Section 2.01(b), as such amount may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.08.

Examples of Incremental Loan Commitment in a sentence

  • The Loans comprising any Borrowing shall be in an aggregate principal amount that is (a) an integral multiple of $1,000,000 and not less than $5,000,000 (except, with respect to any Borrowing made pursuant to an Incremental Loan Commitment, to the extent otherwise provided in the related Incremental Loan Assumption Agreement) or (b) equal to the remaining available balance of the applicable Commitments.


More Definitions of Incremental Loan Commitment

Incremental Loan Commitment has the meaning assigned to such term in the definition of “Commitment”.
Incremental Loan Commitment means any Incremental Term Loan Commitment and/or any Incremental RL Commitment, as the context may require.
Incremental Loan Commitment as defined in Section 2.23.
Incremental Loan Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Loan Commitment.
Incremental Loan Commitment with respect to each Lender having an --------------------------- Incremental Loan Commitment, the commitment listed as its "Incremental Loan Commitment" in the Activation Notice to make Incremental Loans hereunder through its Applicable Lending Office, as the same may be adjusted pursuant to the provisions hereof.
Incremental Loan Commitment means, with respect to each Incremental Loan Lender of any Series, the commitment, if any, of such Lender to make Incremental Loans of such Series hereunder. The initial amount of each Lender’s Incremental Loan Commitment of any Series will be specified in the Incremental Loan Amendment for such Series, or will be set forth in the Assignment and Assumption pursuant to which such Lender shall have assumed its Incremental Loan Commitment of such Series. The aggregate amount of the Incremental Loan Commitments on the Restatement Effective Date is zero and at any time thereafter shall not exceed $35,000,000.
Incremental Loan Commitment an Incremental Revolving Commitment or an Incremental Term Loan Commitment. The aggregate amount of the Incremental Loan Commitments on the Closing Date is zero and at any time thereafter shall not exceed $100,000,000.