Incremental Funds definition
Examples of Incremental Funds in a sentence
For purposes of clarity, the establishment of Incremental Revolving Commitments shall not be subject at any time to the Incremental Funds Certain Provision.
For the avoidance of doubt, Incremental Funds can only be used under clause (1) above if they have not been otherwise included in Available Cash from Operating Surplus.
The Borrower may, from time to time solely during the Incremental Funds Availability Period, by written notice to the Administrative Agent, request to increase the Revolving Commitments.
The Borrower may, solely at all times during the Incremental Funds Availability Period, by written notice to the Administrative Agent, institute one (1) or more additional term loans (each, an “Add-On Term Loan”).
For purposes of clarity, increases in the Aggregate Revolving Commitments shall not be subject at any time to the Incremental Funds Certain Provisions.