Incremental Availability Amount definition

Incremental Availability Amount as defined in Section 2.24(a).
Incremental Availability Amount has the meaning specified therefor in Section 2.17(d)(iii).
Incremental Availability Amount shall have the meaning assigned to such term in Section 2.20(a)(iii).

More Definitions of Incremental Availability Amount

Incremental Availability Amount means, as of any date of determination, the sum of the Tranche 1 Incremental Availability Amount and the Tranche 2 Incremental Availability Amount.
Incremental Availability Amount has the meaning set forth in Section 2.13(e)(vi). “Incremental Commitments” has the meaning set forth in Section 2.13(a). “Incremental Equivalent Debt” has the meaning set forth in clause (l) of the definition ofPermitted Debt”. “Incremental Equivalent First Lien Debt” means Incremental Equivalent Debt that is secured on a pari passu basis with the Obligations. “Incremental Equivalent Junior Debt” means Incremental Equivalent Debt that is secured on a junior lien basis with the Obligations or is unsecured. “Incremental Facility” has the meaning set forth in Section 2.13(a). 172 KE 73718588.20 US-DOCS\142539518.2141222994.8 “Incremental Facility Closing Date” has the meaning set forth in Section 2.13(e). “Incremental First Lien Term Loans” means Incremental Term Loans that are secured on a pari passu basis with the Obligations. “Incremental Junior Term Loans” means Incremental Term Loans that are secured on a junior lien basis with the Obligations or are unsecured. “Incremental Lenders” has the meaning set forth in Section 2.13(d). “Incremental Loan Request” has the meaning set forth in Section 2.13(a). “Incremental Revolving Credit Commitments” has the meaning set forth in Section 2.13(a). “Incremental Revolving Credit Loan” has the meaning set forth in Section 2.13(c). “Incremental Term Commitments” has the meaning set forth in Section 2.13(a). “Incremental Term Loan” has the meaning set forth in Section 2.13(b). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount (after giving effect to any prior drawings or reductions which may have been reimbursed) of all outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds, performance bonds and similar instruments issued or created by or for the account of such Person; (c) net obligations of such Person under any Secured Interest Rate Hedge Agreement, it being understood that for purposes hereof the “net obligations” of a Person shall be the Swap Termination Value thereof; (d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) trade accounts and accrued expenses payable in the ordinary course of business and (ii) any earn-out obligation until such oblig...
Incremental Availability Amount means (a) from the Amendment No. 1 Effective Date through the Take Private Effective Date, an amount equal to (i) $200,000,000 plus (ii) $375,000,000 (the amount set forth in this clause (ii) (which shall only be used to fund the Phase II Transactions (as defined in Amendment No. 1), the “Phase II Incremental Amount”) and (b) after the Take Private Effective Date, $200,000,000; provided that, the Borrowers may elect to use the Phase II Incremental Amount (x) regardless of whether the Borrowers have capacity under clause (a)(i) of this definition and/or (y) prior to using clause (a)(i) of this definition.”
Incremental Availability Amount has the meaning set forth in Section 2.13(e)(vi).

Related to Incremental Availability Amount

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.