Increasing Term Lenders definition

Increasing Term Lenders is defined in the fourth recital hereto.
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Increasing Term Lenders has the meaning assigned thereto in Section 4.5(b).
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Increasing Term Lenders means the lenders, which may ----------------------- include Existing Lenders, identified on Schedule I hereto as "Increasing Term Lenders".
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Examples of Increasing Term Lenders in a sentence

  • If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase.

  • Notwithstanding any other provision of any Loan Document to the contrary, the Loan Documents may be amended by the Administrative Agent, the Company and the applicable Increasing Term Lenders to provide for terms applicable to each Incremental Term Loan in accordance with the terms set forth in Section 2.18(f) as the Company and the Administrative Agent shall deem necessary or advisable to reflect the establishment of any such new tranche of Incremental Term Loans.

  • Notwithstanding any other provision of any Loan Document, the Loan Documents may be amended by the Administrative Agent, the Loan Parties and the applicable Increasing Term Lenders to provide for terms applicable to each Incremental Term Loan.

  • The Incremental Term Loans shall be made by the Increasing Term Lenders participating therein pursuant to the procedures set forth in Section 2.02.

  • The effectiveness of any Incremental Amendment shall be subject to the satisfaction on the date thereof of each of the conditions set forth in Section 2.16(c), any other condition as may be agreed among the Administrative Borrower, the Administrative Agent and the Increasing Term Lender(s) providing the Other Incremental Term Loans.

  • If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 of the Disclosure Schedules shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase.

  • The commitments of the Increasing Term Lenders and the Additional Term Lenders and the refinancing undertakings of the Converting Term Lenders are several and not joint and no such New Term Lender will be responsible for any other New Term Lender’s failure to make or acquire by refinancing New Term Loans.

  • The sum of the increases in the Term Commitments of the Increasing Term Lenders plus the Term Commitments of the Additional Term Lenders upon giving effect to a Term Loan Facility Increase shall not, in the aggregate, exceed the amount of such Term Loan Facility Increase.

  • Only the consent of each Increasing Term Lender and Administrative Agent shall be required for an increase in the aggregate principal amount of such Increasing Term Lender's Term Loan pursuant to this subsection 2.1A(vii).

  • If the Term Facility is increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine (i) the final allocation of such increase among Increasing Term Lenders and Schedule 2.01 of the Disclosure Schedules shall be automatically updated to reflect the same and (ii) the effective date (the “Term Loan Increase Effective Date”) of any such increase.


More Definitions of Increasing Term Lenders

Increasing Term Lenders is defined in Section 1.2(b).
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Increasing Term Lenders has the meaning set forth in subsection 2.1A(vii).
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Increasing Term Lenders means those Lenders having an Additional Term Loan Commitment.
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Related to Increasing Term Lenders

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • 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.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.