Incremental Facility definition

Incremental Facility has the meaning specified in Section 2.16(a).
Incremental Facility has the meaning assigned to such term in Section 2.20(a).
Incremental Facility as defined in Section 2.1(d).

Examples of Incremental Facility in a sentence

  • Each Incremental Facility will be in an integral multiple of $1,000,000 and in an 131 |US-DOCS\134569911.8148772134.4|| aggregate principal amount that is not less than $5,000,000 (or such lesser minimum amount approved by the Administrative Agent in its reasonable discretion); provided that such amount may be less than such minimum amount or integral multiple amount if such amount represents all the remaining availability under the Incremental Amount at such time.

  • Each Incremental Facility will become effective pursuant to an amendment (each, an “Incremental Amendment”) to this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower and each Person providing such Incremental Facility and the Administrative Agent.

  • Each Incremental Facility will be documented as an increase to the Revolving Commitments and shall be on terms identical to those applicable to the Revolving Facility except with respect to any commitment, arrangement, upfront or similar fees that may be agreed to among the Borrower and the lenders providing such Incremental Revolving Facility.

  • Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Amendment, this Agreement and the other Loan Documents, as applicable, will be amended to the extent necessary to reflect the existence and terms of the Incremental Facility and the Incremental Loans evidenced thereby.

  • As of December 31, 2018, the senior credit facility consisted of (i) the revolving credit facility, (ii) the Term A loans, (iii) the Term B loans and (iv) the Incremental Facility.

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 means any facility established by the Lenders pursuant to Section 2.20.
Incremental Facility and “Incremental Facilities”: as defined in Subsection 2.6(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 means any Facility consisting of Incremental Term Loans.