Examples of Incremental Agreement in a sentence
Each Consenting Lender that is also a party to the Online Resources Incremental Agreement hereby acknowledges and agrees that, as of the Amendment Effective Date, any Loans made thereunder constitute “Initial Term Loans” (as defined in the Credit Agreement as amended hereby) and shall no longer be deemed to be “Incremental Term Loans” (as defined in the Credit Agreement, as amended hereby).
The principal amount of any Incremental Term Loans shall be repaid in the amounts and on the dates set forth in the applicable Incremental Agreement.
The outstanding unpaid principal balance and all accrued and unpaid interest on any Incremental Term Loans shall be due and payable on the Incremental Term Loan Maturity Date therefor as specified in the applicable Incremental Agreement or, if earlier, on the date on which they are declared due and payable pursuant to the terms of this Agreement.
The rules of construction and other interpretive provisions specified in Sections 1.2, 1.5, 1.6 and 1.7 of the Amended Credit Agreement shall apply to this Incremental Agreement, including terms defined in the preamble and recitals hereto.
Each such Voluntary Prepayment Notice shall specify the date of such prepayment, the amount of principal being prepaid and the applicable Prepayment Amount, if any, determined with respect to the applicable Loans as set forth in the definition thereof, including any definition thereof set forth in any Incremental Agreement relating to Additional Loans, if any.