Incremental Closing Date definition

Incremental Closing Date any Business Day designated as such in an Incremental Activation Notice.

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Incremental Closing Date has the meaning specified in Section 2.17(c).

Incremental Closing Date means, with respect to any Incremental Facility, the first date all of the conditions precedent set forth in the Incremental Supplement applicable to such Incremental Facility are satisfied or waived in accordance with Section 10.01.

Examples of Incremental Closing Date in a sentence

The amendment and restatement of the Original Credit Agreement evidenced by this Agreement shall become effective on the Incremental Closing Date pursuant to Section 4.04.
On and after the Incremental Closing Date, each reference in the other Loan Documents to “Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Original Credit Agreement shall mean and be a reference to this Agreement.
This Agreement constitutes an amendment and restatement of the Original Credit Agreement (excluding any Schedules (other than Schedule 2.01 and Schedule 5.13(c)) or Exhibits), effective from and after the Incremental Closing Date and shall not constitute a novation of any Obligations under the Original Credit Agreement all of which shall remain outstanding under this Agreement.
The Incremental Term Loan Commitment shall automatically and permanently be reduced to $0 upon the funding in full of the Incremental Term Loans on the Incremental Closing Date.

More Definitions of Incremental Closing Date

Incremental Closing Date has the meaning assigned to such term in Section 2.06(d).

Incremental Closing Date as defined in Section 2.23(c).

Incremental Closing Date means October 17, 2023.

Incremental Closing Date means the date on which the Incremental Term Loan shall be made.

Incremental Closing Date means the date on which all Incremental Closing Conditions are satisfied or waived by the Agent and the Incremental Term Loan extension of credit is made by the Lenders.

Incremental Closing Date means the date upon which Lender makes an Incremental Term Loan to Borrower;

Incremental Closing Date any Business Day designated as such in an Incremental Activation Notice. “Incremental Term Loan”: any term loan borrowed following the Restatement Effective Date pursuant to Section 2.1(g). “Incremental Term Maturity Date”: with respect to the Incremental Term Loans to be made pursuant to any Incremental Activation Notice, the final maturity date specified in such Incremental Activation Notice. “Indebtedness”: of any Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of property or services (other than (i) accrued expenses, (ii) any earnout or similar obligations so long as such obligations remain contingent and (iii) trade payables incurred in the ordinary course of such Person’s business, including, for the avoidance of doubt, vendor-related financing arrangements incurred in the ordinary course of business for goods and services) to the extent not required to be reflected as “long term debt” on a consolidated balance sheet of such Person prepared in accordance with GAAP, (c) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments, (d) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), (e) all Finance Lease Obligations of such Person, (f) all obligations of such Person, contingent or otherwise, as an account party under acceptances, letters of credit, surety bonds or similar arrangements, (g) the liquidation value of all redeemable preferred Equity Interests of such Person, (h) all Guarantee Obligations of such Person in respect of obligations of the kind referred to in clauses (a) through (g) above, (i) all obligations of the kind referred to in clauses (a) through (h) above secured by (or for which the holder of such obligation has an existing right, contingent or otherwise, to be secured by) any Lien on property (including accounts and contract rights) owned by such Person, whether or not such Person has assumed or become liable for the payment of such obligation, and (j) for the purposes of Sections 8.1(e) and (f) only, all obligations of such Person in respect of Hedge Agreements. The Indebtedness of any Person shall include, without duplication...