Increased Commitment Lender definition

Increased Commitment Lender shall have the meaning provide in Section 2.15(b).
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Increased Commitment Lender as defined in Section 2.22(b).
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Increased Commitment Lender shall have the meaning given such term in Section 2.14(c). The “Incurrence Test” shall be met with respect to any incurrence of Indebtedness, increase in the Total Revolving Credit Commitment or other transaction if, and only if, on a Pro Forma Basis, the First Priority Leverage Ratio does not exceed 3.75 to 1.00 and the Interest Coverage Ratio is not less than 2.00 to 1.00.
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Examples of Increased Commitment Lender in a sentence

  • The Administrative Agent is hereby directed to amend Exhibit C and, if applicable, Schedule I, on each Increase Effective Date to reflect (i) the Commitment Amount of each Lender (including any new Lender) as of such Increase Effective Date, and (ii) the Lending Offices and address for notices of any Increased Commitment Lender which was not previously a Lender, and to deliver a copy thereof to each party hereto.

  • Each Increased Commitment Lender and Incremental Term Loan Lender shall be subject to the provisions of Section 2.18.

  • Each Increased Commitment Lender and Non-Increased Lender shall make such cash settlements between themselves, in a manner acceptable to and approved by the Administrative Agent, as they deem necessary and desirable with respect to such sales, assignments, purchases and assumptions.

  • Subject to the terms and conditions hereof, each Increased Commitment Lender severally agrees that its Revolving Commitment shall be increased to [OR, IN THE CASE OF A NEW LENDER, SHALL BE] the amount set forth opposite its name on the signature pages hereof.

  • Each Increased Commitment Lender will thereupon make the amount of its committed share of each such Commitment Increase available to the Administrative Agent (which for all purposes of this Agreement shall be deemed to be included in the Loan) for the account of the Borrowers at the office of the Administrative Agent on such day.

  • Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Commitment and, if so (each an "Increased Commitment Lender"), whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase.

  • The Administrative Agent is hereby directed to amend Schedule 1 on each Increase Effective Date to reflect (i) the Commitment Amount of each Lender (including any new Lender) as of such Increase Effective Date, and (ii) the Lending Offices and address for notices of any Increased Commitment Lender which was not previously a Lender, and to deliver a copy thereof to each party hereto.


More Definitions of Increased Commitment Lender

Increased Commitment Lender has the meaning ascribed to such term in Section 2.11.
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Increased Commitment Lender shall have the meaning assigned to such term in Section 3.12.
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