Incremental Term Advances. Subject to the option of the Lenders to provide Incremental Term Loan Commitments pursuant to Section 2.17 and to the extent that the Lenders agree to provide such Incremental Term Loan Commitments in accordance with Section 2.17, each Incremental Term Loan Lender severally agrees to make one or more advances (each, an “Incremental Term Advance”) to the Borrower from time to time on any Business Day during the Incremental Availability Period in an amount not to exceed such Xxxxxx’s Incremental Term Loan Commitment; provided, however, that (x) after giving effect to any Borrowing of Incremental Term Advances, the aggregate amount of Incremental Term Advances outstanding shall not exceed the aggregate Incremental Term Loan Commitment and (y) no more than five (5) Incremental Term Advances shall be made during the Incremental Availability Period. Each Borrowing shall consist of Incremental Term Advances made simultaneously by the Incremental Lenders ratably according to their Incremental Term Loan Commitments, as applicable. The Borrower may prepay Incremental Term Advances pursuant to Section 2.06(a). The Borrower shall not have the right to reborrow any portion of any Facility that is repaid or prepaid. Each Incremental Lender’s Incremental Term Loan Commitment shall (1) be reduced upon the making of an Incremental Term Advance by such Incremental Lender, by the amount of such Incremental Term Advance and (2) terminate immediately and without further action on the last day of the Incremental Availability Period.
Incremental Term Advances. In the event any Incremental Term Commitments are established pursuant to Section 2.13, Incremental Term Advances shall be funded as set forth in Section 2.14 by the applicable Incremental Term Lenders at any time prior to the Maturity Date. During the Commitment Period, each applicable Incremental Term Lender severally agrees, subject to the terms and conditions set forth in this Agreement, to make Incremental Term Advances to the Borrower, in an amount up to its Incremental Term Commitment with respect to such applicable Series; provided that (i) such Incremental Term Advance shall not exceed the lesser of its remaining unfunded Incremental Term Commitment with respect to such applicable Series and its Pro Rata Incremental Term Share of the Advance Rate for such Incremental Term Advance, and (ii) the aggregate amount of the Incremental Term Borrowings of a Series shall not exceed the lesser of the aggregate initial Incremental Term Commitments of such Series and the Advance Rate at such time. The amount of any principal repayment of any such Incremental Term Advances may not be reborrowed except as provided in Section 2.6(b)(vii). [__________]*.
Incremental Term Advances. The Borrower shall repay to the Incremental Term Loan Lenders with respect to any Incremental Term Loan Facility on such date or dates as shall be specified therefor in the applicable Incremental Term Loan Facility Amendment.
Incremental Term Advances. (A) Subject to Section 2.08(c), Borrowers shall pay interest and principal on the unpaid principal amount of each Incremental Term Advance at interest rates and prepayment schedules to be agreed-to in writing among the Borrowers and the Lenders making such Incremental Term Advances; provided that in the event that the interest rate margins for any Incremental Term Advance (as determined by the Administrative Agent in its sole discretion) are higher than the interest rate margins for the Term Advances funded on the Closing Date pursuant to Section 2.01(b) (as determined by the Administrative Agent in its sole discretion), then the interest rate margins for the Term Advances funded on the Closing Date pursuant to Section 2.01(b) shall be increased to the extent necessary so that such interest rate margins are equal to the interest rate margins for such Incremental Term Advance.
Incremental Term Advances. Subject to the terms and conditions set forth herein and in an Incremental Term Loan Facility Amendment, each Incremental Term Loan Lender severally agrees to make a single advance (each, an “Incremental Term Advance”) to the Borrowers on the applicable Increase Date in an amount not to exceed such Lender’s Incremental Term Loan Commitment. Each Borrowing of an Incremental Term Advance shall consist of Incremental Term Advances made simultaneously by the Incremental Term Loan Lenders in accordance with their respective Pro Rata Shares of the Incremental Term Loan Commitments. The Borrowers may prepay Incremental Term Advances pursuant to Section 2.06(a). The Borrowers shall not have the right to reborrow any portion of any Incremental Term Loan Facility that is repaid or prepaid. Incremental Term Advances may be of such types as set forth in the related Incremental Term Loan Facility Amendment.
Incremental Term Advances. The US Borrower shall repay to the Administrative Agent for the ratable account of the Incremental Term Lenders the aggregate outstanding principal amount of the Incremental Term Advances on the dates and amounts indicated in the Incremental Term Loan Assumption Agreement (which amounts shall be reduced as a result of the application of prepayments in accordance with Section 2.06 and the Incremental Term Loan Assumption Agreement); provided, however, that the final principal installment shall be repaid on the Termination Date in respect of the Incremental Term Facility and in any event shall be in an amount equal to the aggregate principal amount of the Incremental Term Advances outstanding on such date.
