Incremental Assumption Agreement definition

Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

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Incremental Assumption Agreement means an incremental assumption agreement relating to incremental facilities of up to USD 750,000,000 among, and in form and substance reasonably satisfactory to, one or more Borrowers, the Administrative Agent, one or more Incremental Term Lenders and/or one or more Incremental Revolving Credit Lenders pursuant to which one or more Incremental Term Lenders make available Incremental Term Loan Commitments and/or one or more Incremental Revolving Credit Lenders make available Incremental Revolving Credit Commitments respectively.

Incremental Assumption Agreement has the meaning assigned to such term in Section 2.08(e)(ii)(B).

Examples of Incremental Assumption Agreement in a sentence

• In such event, the Borrower shall execute and deliver to (i) in the case of a Revolving Lender, a Revolving Loan Note and, (ii) in the case of a Term Loan Lender, a Term Loan Note and (iii) in the case of an Incremental Term Lender, a term loan note in the form specified in the applicable Incremental Assumption Agreement.

• Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Assumption Agreement, this Credit Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Commitments evidenced thereby and any increase to the Applicable Margins required by the foregoing provisions of this paragraph.

• Any Incremental Term Loan Commitment shall terminate as provided in the applicable Incremental Assumption Agreement.

• The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Assumption Agreement.

• Subject to clause (c) below, each Incremental Assumption Agreement in respect of Incremental Term Loan Commitments shall specify the terms of the Incremental Term Loans to be made thereunder.

More Definitions of Incremental Assumption Agreement

Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrowers, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders.

Incremental Assumption Agreement means an Assumption Agreement among the Borrower and one or more Extending Lenders entered into pursuant to Section 2.17 and acknowledged by the Administrative Agent.

Incremental Assumption Agreement means an Incremental Revolving Credit Assumption Agreement among, and in form and substance reasonably satisfactory to, the applicable Borrower, the Agent and one or more Lenders or New Lenders, as the case may be.

Incremental Assumption Agreement means an Incremental Assumption Agreement among, and in form and substance satisfactory to, the applicable Borrowers, the Administrative Agent and one or more Incremental Revolving Credit Lenders or Incremental Term Lenders, as the case may be.

Incremental Assumption Agreement shall have the meaning assigned to such term in Section 2.25(c).

Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Company, among the Company, the other applicable Borrowers (if any), the Administrative Agent and each Incremental Term Lender and/or existing or additional Revolving Lender party thereto.