Request for Incremental Term Facility. Provided that no Default shall have occurred and be continuing at such time or would result therefrom, at the option of the Company, the Incremental Term Lenders and the Administrative Agent, and without the consent of any other Lender, a separate tranche of commitments and loans may be established under this Credit Agreement in an amount not exceeding the Commitment Increase Threshold minus the aggregate amount of any increase in the Revolving Credit Facility and Term A-1 Loans in accordance with Section 2.13; provided that any such request for an Incremental Term Facility shall be in a minimum amount of $400,000,000 minus the aggregate amount of any increase in the Revolving Credit Facility and Term A-1 Loans in accordance with Section 2.13.
Appears in 3 contracts
Sources: Amendment Agreement (CSC Holdings Inc), Credit Agreement (Cablevision Systems Corp /Ny), Credit Agreement (Cablevision Systems Corp /Ny)