Incremental Term Loans definition

Incremental Term Loans has the meaning specified in Section 2.14(a).
Incremental Term Loans means Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(b). Incremental Term Loans may be made in the form of additional Term Loans or, to the extent permitted by Section 2.24 and provided for in the relevant Incremental Term Loan Assumption Agreement, Other Term Loans.
Incremental Term Loans shall have the meaning assigned to such term in Section 2.20(c)(i).

Examples of Incremental Term Loans in a sentence

  • Each Borrowing of Incremental Term Loans under this Agreement shall be granted by the Lenders of the relevant Class thereof pro rata on the basis of their then-applicable Incremental Term Loan Commitments for the applicable Class.

  • The proceeds of any Incremental Term Loans shall be used for general corporate purposes (including Restricted Payments, Permitted Acquisitions, other Investments and other uses not prohibited by this Agreement).

  • The Administrative Agent shall promptly give each Lender written notice of each proposed Borrowing of Incremental Term Loans, of such Xxxxxx’s proportionate share thereof and of the other matters covered by the related Notice of Borrowing.

  • Any Incremental Term Loan Commitments established pursuant to an Incremental Term Loan Activation Notice that have identical terms and conditions, and any Incremental Term Loans made thereunder, shall be designated as a separate series (each a “Series”) of Incremental Term Loan Commitments and Incremental Term Loans for all purposes of this Agreement.

  • The proceeds of the 2021 Incremental Term Loans shall be used (i) to repay in full the Existing 2027 Notes (together with accrued interest thereon), (ii) to pay fees and expenses incurred in connection with transactions contemplated by the 2021 Incremental Term Loan Amendment No. 1 and (iii) for general corporate purposes.


More Definitions of Incremental Term Loans

Incremental Term Loans as defined in Section 2.4(c).
Incremental Term Loans any term loans made pursuant to Section 2.24(a).
Incremental Term Loans means any loans made pursuant to any Incremental Term Commitments.
Incremental Term Loans means any term loans borrowed in connection with an Incremental Term Facility Activation Notice.
Incremental Term Loans means (i) Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(c) consisting of additional Term B Loans and (ii) to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption Agreement, Other Term Loans (including in the form of Extended Term Loans or Refinancing Term Loans, as applicable), or (iii) any of the foregoing.
Incremental Term Loans is defined in Section 2.19(a).
Incremental Term Loans means term loans established pursuant to Section 2.18(b).