Incremental Commitment Increase definition

Incremental Commitment Increase shall have the meaning given such term in Section 2.19(a).

Incremental Commitment Increase is defined in Section 1.18.

Incremental Commitment Increase is hereby added to Section 1.01 in proper alphabetical order:

Examples of Incremental Commitment Increase in a sentence

• The Incremental Commitment Increase shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Borrower, the Agent, each Lender, if any, and each Additional Lender, if any, making such Incremental Commitment Increase, in form and substance satisfactory to each of them.

• The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

• Each such notice shall specify (i) the date (each, an “Increase Effective Date”) on which the Borrower proposes that the Incremental Commitment Increase shall be effective, which shall be a date not less than 10 Business Days after the date on which such notice is delivered to the Agent and (ii) the identity of each assignee to whom the Borrower proposes any portion of such Incremental Commitment Increase be allocated and the amounts of such allocations.

• Any assignment, participation or Incremental Commitment Increase in violation of this clause (g)(i) shall not be void, but the other provisions of this clause (g) shall apply.

• Each such notice shall specify the date (each, an "Increased Amount Date") on which Borrowers propose that any Incremental Commitment Increase shall be effective, which shall be a date not less than ten (10) Business Days after the date on which such notice is delivered to Agent.

• Solely with respect to any Incremental Commitment Increase and any Incremental Term Loans, this Section shall supersede any provisions in Sections 2.14(c), 2.14(d), 8.04 or 8.05 to the contrary.

• In connection with any Incremental Commitment Increase or any Incremental Term Loans, the Administrative Agent and the Borrowers may, without the consent of any Lenders, effect such amendments (including, without limitation, an Incremental Term Loan Amendment) to this Agreement and any other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 2.24.

• Any Lender offered or approached to provide all or a portion of any Incremental Commitment Increase may elect or decline, in its sole discretion, to provide such Incremental Commitment Increase.

• In the event the Incremental Commitment Increases agreed to be provided by Lenders and such other Persons exceed the Incremental Commitment Increase request, Agent shall allocate such Incremental Commitment Increase as determined by Agent.

• Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that any Incremental Commitment Increase shall be effective, which shall be a date not less than ten (10) Business Days after the date on which such notice is delivered to Administrative Agent.

More Definitions of Incremental Commitment Increase

Incremental Commitment Increase has the meaning specified in Section 2.08(d). "Incremental Increase Lender" means, at any time, any bank or other financial institution that agrees to provide any portion of any Incremental Commitment Increase in accordance with Section 2.08. ​

Incremental Commitment Increase and “Incremental Commitment Increases” have the meaning assigned thereto in Section 5.13.

Incremental Commitment Increase means any increase to the Revolving Credit Commitments made prior to the Amendment No. 4 Effective Date pursuant to Section 1.18 of the Agreement as in effect prior to the Amendment No. 4 Effective Date. Notwithstanding anything to the contrary in this Agreement, no Incremental Commitment Increase may be requested on or after the Amendment No. 4 Effective Date.

Incremental Commitment Increase is hereby added to Section 1.01 in proper alphabetical order: “ “Incremental Commitment Increase” has the meaning specified in Section 2.20(a).”

Incremental Commitment Increase has the meaning assigned thereto in Section 3.9(a).