Incremental Facility definition

Incremental Facility has the meaning assigned to such term in Section 2.20(a).
Incremental Facility has the meaning set forth in Section 2.14(a).
Incremental Facility has the meaning specified in Section 2.16(a).

Examples of Incremental Facility in a sentence

  • Use the proceeds of the Revolving Credit Facility (including, without limitation, any Incremental Facility incurred pursuant to Section 2.18) (a) to repay the Existing Credit Facility, (b) to pay fees and expenses in connection with the Transactions, and (c) for working capital, Permitted Acquisitions, capital expenditures, Restricted Payments, Investments and other general corporate purposes not in contravention of any Law or of any Loan Document.

  • Any Incremental Commitments effected through the establishment of one or more new revolving credit commitments or new Term Loans made on an Incremental Facility Closing Date shall be designated a separate Class of Incremental Commitments for all purposes of this Agreement, except in the case of a Term Loan Increase or a Revolving Commitment Increase.


More Definitions of Incremental Facility

Incremental Facility means the Incremental Commitments and the Incremental Loans made thereunder.
Incremental Facility shall have the meaning set forth in Section 2.5.
Incremental Facility means an Incremental Revolving Facility or an Incremental Term Facility.
Incremental Facility has the meaning specified in Section 2.15(a).
Incremental Facility means (a) any Incremental Term Facility, (b) any Incremental Revolving Credit Facility, (c) the commitments (if any) of Additional Revolving Lenders to make Incremental Revolving Loans in respect of any Revolving Credit Commitment Increase and the Incremental Revolving Loans in respect thereof and/or (d) the commitments (if any) of Additional Term Lenders to make Incremental Term Loans in respect of any Term Commitment Increase and the Incremental Term Loans in respect thereof.
Incremental Facility shall have the meaning assigned to such term in Section 2.19(b).
Incremental Facility has the meaning specified in Section 2.16.