Incremental Facilities definition

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

  • The Loans and Incremental Facilities established pursuant to this Section 2.16 shall constitute Loans and Obligations under, and shall be entitled to all the benefits afforded by, this Agreement and the other Loan Documents, shall be pari passu in right of payment, and shall, without limiting the foregoing, benefit equally and ratably from the Guaranty.


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 have the meanings specified in Section 2.01(c)(i). “Incremental Facility Request” has the meaning specified therefor in Section 2.01(c)(i). “Incremental Loan” and “Incremental Loans” have the meanings specified in Section 2.01(c)(i). “Incremental Revolving Commitment” has the meaning specified therefor in Section 2.01(c)(i). “Incremental Revolving Exposure” means, with respect to any Lender at any time (a) prior to the termination of the applicable series of Incremental Revolving Commitments in accordance with the terms hereof, that ▇▇▇▇▇▇’s Incremental Revolving Commitment with respect to such series at such time and (b) after the termination of the applicable series of Incremental Revolving Commitments, the sum of the outstanding principal amount of such Lender’s Incremental Revolving Loans of such series at such time. “Incremental Revolving Loans” has the meaning specified therefor in Section 2.01(c)(i). “Incremental Term Loan” has the meaning specified therefor in Section 2.01(c)(i). “Incremental Term Loan Commitment” has the meaning specified therefor in Section 2.01(c)(i). “Incremental Term Loan Exposure” means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Incremental Term Loans of such Lender; provided that at any time prior to the making of the Incremental Term Loans, the Incremental Term Loan Exposure of any Lender shall be equal to such Lender’s Incremental Term Loan Commitment. “Incurrence Based Amounts” has the meaning specified therefor in Section 1.12. “Indebtedness” means, with respect to any Person, 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 trade payables or other accounts payable incurred in the ordinary course of such Person’s business and not outstanding for more than 360 days after the date such payable was created, supply chain financing obligations and any earn-out, purchase price adjustment or similar obligation until such obligation is due and owing and remains unpaid for a period of more than thirty (30) days); (c) all obligations of such Person evidenced by bonds (other than performance, surety or statutory bonds or other