Incremental Bank definition

Incremental Bank has the meaning set forth in Section 2.17(b).

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Incremental Bank means a Bank that has an Incremental Commitment. ----------------

Incremental Bank as defined in subsection 2.20(b).

Examples of Incremental Bank in a sentence

• GM will reimburse Supplier for the incremental costs that Supplier reasonably incurs in connection with building and shipping the Inventory Bank Parts, including, without limitation, overtime costs, special packaging costs, and handling costs, as applicable (the “Incremental Bank Costs”), provided that such Incremental Bank Costs are approved by GM in advance and in writing, which approval shall not be unreasonably withheld.

• The covenants for the Unsecured Exchange Notes will include credit facilities and liens capacity equal to the greater of (a) the Bank Facilities plus the capacity under the Incremental Bank Facilities (as in effect under the Bank Facilities Documentation on the Closing Date) and (b) an amount such that the Senior Secured Leverage Ratio is no greater than the Senior Secured Leverage Ratio as of the Closing Date.

• The parties hereto acknowledge and agree that upon the Agreement Effective Date (as defined below), the Incremental Commitment of each Incremental Bank shall become, or in the case of an existing Bank under the Credit Agreement, shall be added to (and thereafter become a part of), the Commitment of such Incremental Bank.

• The Incremental Term Loans shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Company, the Administrative Agent and each Incremental Bank making such Incremental Term Loan, in form and substance reasonably satisfactory to each of them.

• The parties hereto further agree that, with respect to the Incremental Commitment provided by each Incremental Bank pursuant to this Agreement, such Incremental Bank shall receive from the Borrower such upfront fees, unutilized commitment fees and/or other fees, if any, as may be separately agreed to in writing with Borrower and acknowledged by the Administrative Agent, all of which fees shall be due and payable to such Incremental Bank on the terms and conditions set forth in each such separate agreement.

• All Incremental Bank Costs must be approved by such Customer in advance and in writing.

More Definitions of Incremental Bank

Incremental Bank shall have the meaning provided in Section 1B.02.

Incremental Bank is defined in Section 2.24(a).

Incremental Bank has the meaning specified in Section 10.8(f).

Incremental Bank is defined in Section 2.24(a). “Incremental Term Loan” means each Loan made after the Initial Borrowing Date pursuant to the terms of Section 2.24. “Indemnified Taxes” means (a) Taxes other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of the Company under any Loan Papers and (b) to the extent not otherwise described in (a), Other Taxes.