Incremental Loan Amount means, at any time, the excess, if any, of (a) $500,000,000 over (b) the aggregate amount of all Incremental Loan Commitments established prior to such time pursuant to Section 2.22.
Incremental Loan Amount has the meaning given in Section 2.9(a).
Incremental Loan Amount means, at any time, an amount not to exceed the amount of Indebtedness permitted to be incurred by the Borrower at such time pursuant to Section 4.04(a), 4.04(b)(1) and 4.04(b)(16) of Annex I to this Agreement.
Examples of Incremental Loan Amount in a sentence
Quick and legitimate selection of a manageable number of smart city features that can be easily incorporated into the mission statements of associated or partnering stakeholders.
Incremental Loan Amortization Amount: An amount equal to [ ]2% of the Incremental Loan Amount (the “Incremental Loan Amortization Amount”).
At Agent's election, in lieu of delivering the above-described written request (other than in respect of the Incremental Loan Amount), any Authorized Person may give Agent telephonic notice of such request by the required time.
The Borrowers may, by written notice to the Administrative Agent at any time prior to the Commitment Termination Date, advise of the obtaining of the Incremental Commitments in an aggregate amount not to exceed the Incremental Loan Amount.
More Definitions of Incremental Loan Amount
Incremental Loan Amount shall have the meaning assigned to such term in Section 2.24(a).
Incremental Loan Amount means $50,000,000.
Incremental Loan Amount means (a) the Shared Fixed Incremental Amount plus (b) the aggregate of: (i) the principal amount of any optional prepayment of any Term Loans pursuant to Section 2.09(a) and (ii) the cash amount paid in respect of any Term Loans in connection with assignments to Borrower or any of its Subsidiaries pursuant to Section 13.05(d) (in each case for this clause (b), excluding any prepayments funded with the proceeds of long-term Indebtedness) (the “Incremental Prepayment Amount”) minus the aggregate principal amount of all Incremental Equivalent Debt incurred or issued in reliance on the Incremental Equivalent Prepayment Amount plus, (c) any additional or other amount, so long as, solely in this case of this clause (c), the Consolidated First Lien Secured Leverage Ratio does not exceed 4.00 to 1.00, determined on a Pro Forma Basis as of the most recent Calculation Date (it being understood that Borrower may elect whether any Incremental Loan Amount is made in reliance on clause (a), (b) or (c)); provided that, for such purpose, if clauses (a) and/or (b), on the one hand, and clause (c), on the other hand, are utilized on the same date, Consolidated Indebtedness will not include any Indebtedness incurred under clauses (a) and/or (b) on such date; provided, further, that if the proceeds of the Term Loans made under the Incremental Term Loan Commitments then being incurred are to be used primarily to fund a Limited Condition Transaction substantially concurrently upon the receipt thereof (including repayment of Indebtedness of a Person acquired, or that is secured by the assets acquired, in a Permitted Acquisition or other Acquisition), at the election of Borrower, the Consolidated First Lien Secured Leverage Ratio may be tested for purposes of determining the Incremental Loan Amount as of the time the acquisition agreement with respect to such Permitted Acquisition or other Acquisition is entered into, and not at the time such Incremental Term Loan Commitments are obtained (and, in any such case, at the election of Borrower may also be tested at the time such Incremental Term Loan Commitments are obtained). It is understood and agreed that (I) Borrower may elect to use either amounts under clause (a), (b) or (c) above and if each are available and Borrower does not make an election, Borrower will be deemed to have elected to use amounts under clause (c), (b) and (a) (in such order) above and (II) Indebtedness incurred in reliance on amounts under clauses (a) and ...
Incremental Loan Amount means, at any time, an amount not to exceed the amount of Indebtedness permitted to be incurred by the Borrower at such time pursuant to Section 4.04(b)(1) of Annex I to this Agreement.
Incremental Loan Amount means $100,000,000.
Incremental Loan Amount means, as of any date of determination, subject to Section 1.07:
Incremental Loan Amount means, at any time, the excess, if any, of (a) $350,000,000 over (b) the sum of (i) the net Swap Termination Value of all outstanding Swap Agreements (other than Commodity Agreements) at such time that are secured on a pari passu basis with the Indebtedness plus (ii) the aggregate amount of all Incremental Commitments established prior to such time pursuant to Section 2.08.