Accordion Increase Amount definition

Accordion Increase Amount means, in respect of an Accordion Increase Request, the amount of the increase in the Commitments requested in that Accordion Increase Request; ​ ​
Accordion Increase Amount has the meaning given to it in Clause 2.2 (The Accordion Option).
Accordion Increase Amount means, in respect of an increase in the Commitments pursuant to Clause 2.3 (Increase – Accordion Option), the amount of such increase requested in the relevant Accordion Increase Request or such lower amount of such increase agreed between the Parent, the relevant Accordion Increase Lender(s) and, where required pursuant to paragraph (b)(iii) of Clause 2.3 (Increase – Accordion Option), the Agent. "Accordion Increase Confirmation" means a confirmation substantially in the form set out in Schedule 13 (Form of Accordion Increase Confirmation). "Accordion Increase Date" has the meaning given to it in paragraph (c) of Clause 2.3 (Increase – Accordion Option).

Related to Accordion Increase Amount

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).