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 2.25(a).

Examples of Incremental Facility in a sentence

  • The commitments to each Incremental Facility and credit extensions under each Incremental Facility shall constitute Commitments and Credit Extensions under, and shall be entitled to all the benefits afforded by, this Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the Guarantees and security interests created by the Collateral Documents.

  • The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Facility Amendment.

  • The Lenders hereby authorize the Administrative Agent to enter into, and the Lenders agree that this Agreement and the other Loan Documents shall be amended by, such Incremental Facility Amendments to the extent (and only to the extent) the Administrative Agent deems necessary in order to establish Incremental Facilities on terms consistent with and/or to effect the provisions of this Section 2.19.


More Definitions of Incremental Facility

Incremental Facility means an Incremental Revolving Facility or an Incremental Term 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 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 any series of Incremental Commitments (other than any Commitment Increase) and the extensions of credit thereunder as provided in any Incremental Loan Activation Notice.
Incremental Facility means any Facility consisting of Incremental Term Loans.