Incremental Revolving Commitments definition

Incremental Revolving Commitments has the meaning specified in Section 2.14(a).
Incremental Revolving Commitments as defined in Subsection 2.6(a).
Incremental Revolving Commitments shall have the meaning assigned to such term in Section 2.21.

Examples of Incremental Revolving Commitments in a sentence

  • Any Incremental Term Loans or Incremental Revolving Commitments effected through the establishment of one or more new term loans or new revolving credit commitments, as applicable, made on an Incremental Facility Closing Date (other than a Loan Increase) shall be designated a separate Class of Incremental Term Loans or Incremental Revolving Commitments, as applicable, for all purposes of this Agreement.

  • Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Commitments or Incremental Revolving Commitments.

  • No existing Lender shall have any obligation to incur any Incremental Revolving Commitments unless it agrees to do so in its sole discretion.

  • The Loan Parties shall take any actions reasonably required by the Administrative Agent to ensure and/or demonstrate that the Lien and security interests granted by the Security Documents continue to be perfected under the Uniform Commercial Code or otherwise after giving effect to the establishment of any such class of Incremental Revolving Loans or any such Incremental Revolving Commitments.

  • It is the intention of the parties that Obligations in respect of the Incremental Revolving Commitments constitute “First Priority Obligations” under the Intercreditor Agreement.


More Definitions of Incremental Revolving Commitments

Incremental Revolving Commitments is defined in Section 2.23.
Incremental Revolving Commitments as defined in Section 4.17(a).
Incremental Revolving Commitments has the meaning set forth in Section 2.34.
Incremental Revolving Commitments has the meaning assigned to such term in Section 2.21(a) ..“Incremental Revolving Loans ” has the meaning assigned to such term in Section 2.21(a) ..“Incremental Term Commitments ” has the meaning assigned to such term in Section 2.21(a) ..“Incremental Term Lender ” means a Lender with an Incremental Term Commitment or an outstandingIncremental Term Loan, in its capacity as such.“Incremental Term Loans ” has the meaning assigned to such term in Section 2.21(a) ..“Incurrence-Based Baskets ” has the meaning assigned thereto in Section 1.10(a) ..“Indebtedness ” of any Person means, without duplication, (a) all obligations of such Person for borrowedmoney, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) allobligations of such Person upon which interest charges are customarily paid (excluding obligations to pay salary orbenefits under deferred compensation or other benefit programs), (d) all obligations of such Person underconditional sale or other title retention agreements relating to property acquired by such Person, (e) all obligations ofsuch Person in respect of the deferred purchase price of property or services, except any such balance thatconstitutes an accrued expense or trade payable (provided that Indebtedness shall not include any Earn-OutObligation or obligation in respect of purchase price adjustment, except to the extent that the contingentconsideration relating thereto is not paid within 15 Business Days after the contingency relating thereto is resolved),(f) all Indebtedness (excluding prepaid interest thereon) of others secured by (or for which the holder of suchIndebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned oracquired by such Person, whether or not the Indebtedness secured thereby has been assumed, (g) all Guarantees bysuch Person of Indebtedness or other financial obligations of others, (h) all Capital Lease Obligations of suchPerson, (i) all obligations, contingent or otherwise, of such Person as an account party in respect of letters of creditand letters of guaranty, (j) all obligations, contingent or otherwise, of such Person in respect of bankers’ acceptancesand (k) all Net Hedging Obligations of such Person. The Indebtedness of any Person shall include the Indebtednessof any other entity (including any partnership in which such Person is a general partner) to the extent such Person isdirectly liable therefor as a result of suc...
Incremental Revolving Commitments means the “Incremental Revolving Commitments” as such term is defined in the RHDI Credit Agreement, the Dex East Credit Agreement and the Dex West Credit Agreement.
Incremental Revolving Commitments any increased Revolving Commitments established pursuant to Section 2.24(a).
Incremental Revolving Commitments is defined in Section 2.11.