First Amendment Incremental Term Commitment definition

First Amendment Incremental Term Commitment means, as to each Term Loan Lender, its obligation (if applicable) to make a First Amendment Incremental Term Loan to the Borrower pursuant to Section 2.1(a)(ii) in an aggregate amount not to exceed the amount specified opposite such Lender’s name on Schedule 2.1 under the caption “First Amendment Incremental Term Commitment” or in the Assignment and Acceptance (or Affiliated Lender Assignment and Assumption) pursuant to which such Term Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including pursuant to Section 2.24 or Section 2.25). The aggregate amount of the First Amendment Incremental Term Commitments as of the First Amendment Effective Date is $25,000,000.
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First Amendment Incremental Term Commitment has the meaning specified in the First Amendment.
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First Amendment Incremental Term Commitment means, as to each Term Loan Lender, its obligation (if applicable) to make a First Amendment Incremental Term Loan to the Borrower pursuant to Section 2.1(a)(ii) in an aggregate amount not to exceed the
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Examples of First Amendment Incremental Term Commitment in a sentence

  • Subject to the terms and conditions set forth herein and in the First Amendment, each First Amendment Incremental Term Lender severally agrees to make a single Additional Term Loan to the Borrower, in Dollars, on the First Amendment Effective Date in an amount not to exceed its First Amendment Incremental Term Commitment.


More Definitions of First Amendment Incremental Term Commitment

First Amendment Incremental Term Commitment or in the Assignment and Acceptance (or Affiliated Lender Assignment and Assumption) pursuant to which such Term Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including pursuant to Section 2.24 or Section 2.25). The aggregate amount of the First Amendment Incremental Term Commitments as of the First Amendment Effective Date is $25,000,000.
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First Amendment Incremental Term Commitment means, as to each First Amendment Incremental Term Lender, its Incremental Term Commitments effective pursuant to Section 2(a) of the First Amendment. The aggregate amount of all First Amendment Incremental Term Commitments of the First Amendment Incremental Term Lenders on the First Amendment Effective Date shall be $75,0000,000.
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Related to First Amendment Incremental Term Commitment

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • 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.