Aggregate Incremental Amount definition

Aggregate Incremental Amount at any time, the sum of the aggregate principal amount of (a) Incremental Facilities incurred at or prior to such time (assuming all Incremental Revolving Commitments and Incremental Term Commitments established at or prior to such time are fully drawn) and (b) Permitted Incremental Equivalent Debt incurred at or prior to such time.

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Aggregate Incremental Amount means, at any time, the sum of the aggregate principal amount of Incremental Term Loans incurred at or prior to such time.

Aggregate Incremental Amount means, at any time, the sum of the aggregate principal amount of Incremental L/C Commitments incurred at or prior to such time.

Examples of Aggregate Incremental Amount in a sentence

The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments in an amount such that, after giving effect thereto, the Aggregate Incremental Amount does not exceed the Incremental Cap.
The Company or, following the Inversion, New Holdco, may at any time and from time to time by written notice to the Administrative Agent elect to request the establishment of one or more new term loan commitments (each, an “Incremental Term Commitment”), for so long as the Aggregate Incremental Amount does not exceed the Incremental Cap.
Borrower may by written notice to the Administrative Agent elect to request the establishment of one or more new term loan commitments (each, an “Incremental Term Loan Commitment” and the term loans made pursuant thereto, the “Incremental Term Loans”) by an amount such that, after giving effect to such Incremental Term Loans, the Aggregate Incremental Amount does not exceed the Incremental Cap and in an amount not less than $5,000,000 individually.

More Definitions of Aggregate Incremental Amount

Aggregate Incremental Amount equals the product of (i) the Incremental Amount multiplied by (ii) the sum of (x) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (excluding any Excluded Shares) and (y) the number of shares of shares reserved for issuance pursuant to the Chapter 11 Plan that are unissued immediately prior to the Effective Time (which number shall not exceed 5,375,000 minus the number of shares so issued after the date here).

Aggregate Incremental Amount shall have the meaning set forth in Section 2.22.

Aggregate Incremental Amount has the meaning given in the First Lien Credit Agreement.