Incremental Facilities definition

Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

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Incremental Facilities has the meaning specified in Section 2.14(a).

Incremental Facilities as defined in Section 2.24(a).

Examples of Incremental Facilities in a sentence

• Commitments in respect of Incremental Facilities shall become Commitments under this Agreement, and any loans made pursuant to an Incremental Facility shall become Loans under this Agreement, pursuant to an amendment (an “Incremental Amendment”) to this Agreement and, as appropriate, the other Credit Documents, executed by the Borrower, each Lender agreeing to provide such Commitment or term loan, if any, each Additional Lender, if any, and the Administrative Agent.

• Notwithstanding the foregoing, proceeds of Incremental Facilities will be used for working capital and other general corporate purposes of Borrowers and their Subsidiaries (including for capital expenditures, Permitted Acquisitions, other permitted Investments, Restricted Payments, repayments of Subordinated Indebtedness and any other use not prohibited by the Loan Documents).

• The Borrowers shall use proceeds of Incremental Facilities solely as provided in Section 2.1(e)(iii).

• The Borrower and its Subsidiaries shall use the proceeds of the Incremental Facilities for any purpose not prohibited by this Agreement.

• Upon the effectiveness of any Incremental Amendment, each Additional Lender, if any, shall become a “Lender” under this Agreement with respect to its Commitments under such Incremental Amendment, and the commitments of the Lenders agreeing to provide such Incremental Facilities shall become “Commitments” hereunder; and any Incremental Facilities shall, when made, constitute “Loans” under this Agreement.

More Definitions of Incremental Facilities

Incremental Facilities has the meaning set forth in Section 2.20(a).

Incremental Facilities means the facilities represented by the Incremental Loan Commitments and the related Incremental Loans.

Incremental Facilities as defined in Subsection 2.6(a).

Incremental Facilities means the Incremental Revolving Credit and/or the Incremental Term Credit established hereunder after the Closing Date in accordance with Section 1.15 hereof.

Incremental Facilities as defined in the Second Lien Credit Agreement.

Incremental Facilities shall have the meaning assigned to such term in Section 2.11.1 [Establishment of Incremental Facilities].

Incremental Facilities has the meaning provided in Section 2.01(e). “Incremental Facility Commitment” has the meaning provided in Section 2.01(e)(iii). “Incremental Revolving Increase” has the meaning provided in Section 2.01(e). “Incremental Term Loan Facility” has the meaning provided in Section 2.01(e). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: (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) all direct or contingent obligations under letters of credit (including standby and commercial), bankers’ acceptances and similar instruments (including bank guaranties, surety bonds, comfort letters, keep well agreements and capital maintenance agreements) to the extent such instruments or agreements support financial, rather than performance, obligations; (c) net obligations of such Person under any Swap Contract; (d) all obligations of such Person to pay the deferred purchase price of property or services (other than a contingent earn-out obligation until such amount is actually due); (e) the Attributable Principal Amount of Capital Leases, Synthetic Leases and Securitization Transactions; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment in respect of any equity interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference, plus accrued and unpaid dividends; (g) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales 23