Increasing Lender Supplement definition

Increasing Lender Supplement is defined in Section 2.05(b).

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Increasing Lender Supplement means an increasing lender supplement in substantially the form of Exhibit F or any other form approved by the Administrative Agent.

Increasing Lender Supplement has the meaning assigned to such term in Section 2.20.

Examples of Increasing Lender Supplement in a sentence

• Promptly after receipt thereof, the Administrative Agent will notify each applicable Lender of the contents of each Aggregate Revolving Loan Commitment reduction notice, Increasing Lender Supplement, Augmenting Lender Supplement, Borrowing/Election Notice, repayment notice and issuance of Letter of Credit notice received by it hereunder.

• The Borrower shall repay Incremental Term Loans in such amounts and on such date or dates as shall be specified therefor in the Incremental Term Loan Amendment (as such amounts may be adjusted pursuant to such Incremental Term Loan Amendment or pursuant to an Increasing Lender Supplement).

• For the avoidance of doubt, an Assignment and Assumption, Increasing Lender Supplement or Augmenting Lender Supplement shall not be invalidated by any failure of a Lender to comply with this Section 2.17(h)(ix).

• Each Increase Lender will enter into (i) an Increasing Lender Supplement in substantially the form attached to the Credit Agreement as Exhibit D in connection with the Revolver Increase (each an “Increasing Lender Agreement”) or (ii) an Augmenting Lender Supplement in substantially the form attached to the Credit Agreement as Exhibit E in connection with the Revolver Increase (each an “Augmenting Lender Agreement”).

• Promptly after receipt thereof, the Administrative Agent will notify each Lender of the contents of each Aggregate Revolving Loan Commitment reduction notice, Increasing Lender Supplement, Augmenting Lender Supplement, Borrowing/Election Notice, repayment notice and issuance of Letter of Credit notice received by it hereunder.

• For the avoidance of doubt, an Assignment and Assumption, Increasing Lender Supplement or Augmenting Lender Supplement shall not be invalidated by any failure of a Lender to comply with this Section 2.17(i)(ix).

• No Increasing Lender Supplement shall be required to be delivered in connection with a Q1 2022 Term Loan.

• This Increasing Lender Supplement is dated [ ], 20[ ] (this “Supplement”), and is between (“Increasing Lender”), U.S. Bank National Association, as administrative agent (in such capacity, “Agent”), and Life Time Fitness, Inc., a Minnesota corporation (“Company”).

• Schedule 2.01 -- Commitments Exhibit A -- Form of Assignment and Assumption Exhibit B-1 -- Form of Opinion of ▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP Exhibit B-2 -- Form of Opinion of Special Dutch Counsel Exhibit B-3 -- Form of Opinion of Special UK Counsel Exhibit C-1 -- Form of Increasing Lender Supplement 1 Each capitalized term used herein and not defined herein shall have the meaning assigned to such term in the above-defined Credit Agreement.

• No Increasing Lender Supplement shall be required to be delivered in connection with a Q2 2021 Term Loan.

More Definitions of Increasing Lender Supplement

Increasing Lender Supplement means an increasing lender supplement entered into by the Borrowers and any Increasing Lender in the form of Exhibit K or any other form reasonably acceptable to the Administrative Agent.

Increasing Lender Supplement means an increasing lender supplement in substantially the form of E xhibit F or any other form approved by the Administrative Agent.

Increasing Lender Supplement is defined in Section 2.05(b). “Incremental Lender” means a Lender with an Incremental Term Commitment or an outstanding Incremental Term Loan. “Incremental Term Commitment” means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Term Loan Amendment and Section 2.05(b), to make Incremental Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans to be made by such Lender.

Increasing Lender Supplement means an agreement substantially in the form of Exhibit E between one or more Borrowers and a Lender, satisfactory to the Administrative Agent.

Increasing Lender Supplement is defined in Section 2.05(b). “Incremental Lender” means a Lender with an Incremental Term Commitment or an outstanding Incremental Term Loan. “Incremental Term Commitment” means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Term Loan Amendment and Section 2.05(b), to make Incremental Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans to be made by such Lender. “Incremental Term Loan” means a Loan made by an Incremental Lender to the Borrower pursuant to Section 2.05(b). “Incremental Term Loan Amendment” is defined in Section 2.05(b). “Incremental Term Maturity Date” means, with respect to Incremental Term Loans (other than the 2021 Incremental Term Loans), the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Term Loan Amendment. “Indebtedness” of any Person means, without duplication, (a) all obligations of such Person for borrowed money or with respect to deposits or advances of any kind, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of 32 602756140.3 #93952955v3

Increasing Lender Supplement is defined in Section 2.05(b). “Incremental Lender” means a Lender with an Incremental Term Commitment or an outstanding Incremental Term Loan. “Incremental Term Commitment” means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Term Loan Amendment and Section 2.05(b), to make Incremental Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans to be made by such Lender. “Incremental Term Loan” means a Loan made by an Incremental Lender to the Borrower pursuant to Section 2.05(b). “Incremental Term Loan Amendment” is defined in Section 2.05(b). “Incremental Term Maturity Date” means, with respect to Incremental Term Loans (other than the 2021 Incremental Term Loans), the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Term Loan Amendment. “Indebtedness” of any Person means, without duplication, (a) all obligations of such Person for borrowed money or with respect to deposits or advances of any kind, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property acquired by such Person (excluding trade accounts payable incurred in the ordinary course of business), (d) all obligations of such Person in respect of the deferred purchase price of property or services (excluding (i) current accounts payable incurred in the ordinary course of business, (ii) deferred compensation payable to directors, officers or employees of the Borrower or any Restricted Subsidiary and (iii) any purchase price adjustment or earnout incurred in connection with an 32 #98412540v7