Incremental Loan Facility definition

Incremental Loan Facility as defined in the definition of “Facility” in this Section 1.1.
Incremental Loan Facility is defined in Section 1.2 hereof.
Incremental Loan Facility and “Incremental Loan Facilities” shall have the respective meanings assigned thereto in Section 4.14.

Examples of Incremental Loan Facility in a sentence

  • If the Incremental Loan Commitments are provided in accordance with this Section 2.01(d), Administrative Agent and Borrowers shall determine the Incremental Loan Effective Date, which date shall be at least 60 days after the Business Day on which Administrative Agent receives the request for the Incremental Loan Facility, and the final allocation of such increase.

  • Any existing Lender approached to provide all, or a portion, of the Incremental Loan Facility may elect or decline to do so, in its discretion, and no Agent shall have any obligation to arrange all, or a portion, of the Incremental Loan Facility without its prior written agreement.


More Definitions of Incremental Loan Facility

Incremental Loan Facility means, collectively, all Incremental Loans provided to Borrowers pursuant to the Incremental Loan Agreement in an aggregate, maximum amount of up to $30,000,000. 21029590V.1
Incremental Loan Facility by increasing the Aggregate Revolving Committed Amount, increasing the amount of the Term A Loans or any then-existing Incremental Term Loan Facility (any such increase to the amount of the Term A Loans or to the amount of any then-existing Incremental Term Loan Facility, an “Incremental Add-on Term Loan Facility”, and any loan thereunder, an “Incremental Add-on Term Loan”), or establishing one or more new tranches of term loans (each such tranche, an “Incremental Term Loan Facility”, and any loan thereunder, an “Incremental Term Loan”); provided that with respect to the establishment of any such Incremental Loan Facility:

Related to Incremental Loan Facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan A has the meaning set forth in Section 2.2(a).