Additional Term Facility definition

Additional Term Facility means any term loan facility added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

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Additional Term Facility means (a) on or prior to the applicable funding date of the applicable Class of Additional Term Loans added pursuant to Sections 2.16, 2.18 or 2.19, the aggregate amount of the Additional Term Commitments of such Class at such time and (ii) thereafter, the aggregate principal amount of the Additional Term Loans of such Class of all Additional Term Lenders of the applicable Class outstanding at such time added pursuant to Sections 2.16, 2.18 or 2.19.

Additional Term Facility means (a) on or prior to the applicable funding date of the applicable Class of Additional Term Loans added pursuant to Sections 2.16, 2.18 or 2.19, the aggregate amount of the Additional Term Commitments of such Class at such time and (b) thereafter, the aggregate principal amount of the Additional Term Loans of such Class of all Additional Term Lenders of the applicable Class outstanding at such time added pursuant to Sections 2.16, 2.18 or 2.19.

Examples of Additional Term Facility in a sentence

• Each Additional Term Facility and each increase in any existing Term Facility shall be established and effected (including the final allocation of Term Commitments thereunder) by a supplement to this Agreement (each a “Credit Agreement Supplement”) executed by the Borrower, the Administrative Agent, each existing Lender which has agreed to increase its Term Commitments or provide an Additional Term Commitment and any Additional Lender.

• Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(g).

• Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in the requested Additional Term Facility and, if so, the amount of such participation.

• Each Credit Agreement Supplement establishing an Additional Term Facility shall set forth the terms and conditions for the Term Loans under such Additional Term Facility, subject to Section 2.14(f).

• To achieve the full amount of a requested Additional Term Facility, and subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld), the Borrower may also invite additional Eligible Assignees to participate in an Additional Term Facility.

More Definitions of Additional Term Facility

Additional Term Facility means, at any time, (a) on or prior to the Amendment No. 1 Effective Date, the aggregate amount of the Additional Term Loan Commitments at such time and (b) thereafter, the aggregate principal amount of the Additional Term Loans of all Additional Term Lenders outstanding at such time. As of the Amendment No. 1 Effective Date, the aggregate principal amount of the Additional Term Loan Commitment is $50,000,000.

Additional Term Facility each term facility providing a separate series or tranche of Additional Term Loans under this Agreement.

Additional Term Facility has the meaning specified in Section 2.14.

Additional Term Facility means the credit facility under that certain Credit Agreement, dated as of October 28, 2016, by and among Additional Term Facility Agent, the lenders party thereto (the “Additional Term Facility Lenders”), and Parent, whereby the Additional Term Facility Lenders have made term loans to Parent in an initial principal amount not to exceed $41,000,000.

Additional Term Facility means, at any time (a) on or prior to the Additional Term Facility Effective Date under any Credit Agreement Supplement, the aggregate amount of the Additional Term Commitments under such Credit Agreement Supplement at such time and (b) thereafter, the aggregate principal amount of the Additional Term Loans outstanding at such time under this Agreement, as supplemented by such Credit Agreement Supplement.

Additional Term Facility means (a) on or prior to the applicable funding date of the applicable Class of Additional Term Loans added pursuant to Sections 2.16, 2.18 or 2.19, the aggregate amount of the Additional Term Commitments of such Class at such time and (b) thereafter, the aggregate principal amount of the Additional Term Loans of such Class of all Additional Term Lenders of the applicable Class outstanding at such time added pursuant to Sections 2.16, 2.18 or 2.19. “Additional Term Loans” means any term loans made pursuant to an Additional Term Facility. “Administrative Agent” means Bank of America in its capacity as administrative agent and collateral agent under any of the Loan Documents, or any successor in such capacities. “Administrative Agent’s Office” means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 11.02, or such other address or account as the Administrative Agent may from time to time notify the Borrower and the Lenders. The Administrative Agent’s Office shall at all times be located in the United States. “Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent. 3

Additional Term Facility has the meaning specified in Section 2.16(a).