Incremental Revolving Facility definition

Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).
Incremental Revolving Facility has the meaning specified in Section 2.14(1).
Incremental Revolving Facility as defined in Section 2.24(a).

Examples of Incremental Revolving Facility in a sentence

  • Each party hereto hereby agrees that, upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loan Commitments and/or Incremental Revolving Facility Commitments evidenced thereby as provided for in Section 9.08(e).


More Definitions of Incremental Revolving Facility

Incremental Revolving Facility means any Class of Incremental Revolving Facility Commitments and the Incremental Revolving Loans made thereunder.
Incremental Revolving Facility shall have the meaning set forth in Section 2.1(f).
Incremental Revolving Facility means an incremental portion of the Revolving Commitments established hereunder pursuant to an Incremental Facility Amendment providing for Incremental Revolving Commitments.
Incremental Revolving Facility has the meaning specified in Section 2.18(a)
Incremental Revolving Facility as defined in the definition of “Facility”.
Incremental Revolving Facility shall have the meaning provided in Section 2.07(a). “Incremental Revolving Loans” shall have the meaning provided in Section 2.07(a). “incur” means issue, create, assume, enter into any guarantee of, incur, extend or otherwise become liable for; provided, however, that any Indebtedness or Equity Interest of a Person existing at the time such Person becomes a Restricted Subsidiary (whether by merger, consolidation, acquisition or otherwise) will be deemed to be incurred by such Restricted Subsidiary at the time it becomes a Restricted Subsidiary and the terms “incurred” and “incurrence” have meanings correlative to the foregoing and any Indebtedness pursuant to any revolving credit or similar facility shall only be “incurred” at the time any funds are borrowed thereunder. “Indebtedness” shall mean, as to any Person, without duplication, (i) the principal of indebtedness of such Person for borrowed money and the principal of obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (ii) the principal component of all obligations of such Person to pay the deferred and unpaid purchase price of property (except trade payables), which purchase price is due more than one year after the date of placing such property in service or taking final delivery and title thereto, (iii) all reimbursement obligations of such Person in respect of letters of credit, bankers’ acceptances or other similar instruments (the amount of such obligations being equal at any time to the aggregate then undrawn and unexpired amount of such letters of credit or other instruments plus the aggregate amount of drawings thereunder that have been reimbursed) (except to the extent such reimbursement obligations relate to trade payables and such obligations are satisfied within 30 days of incurrence), (iv) the principal component of all Indebtedness of other Persons secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person; provided, however, that the amount of such Indebtedness will be the lesser of (x) the fair market value of such asset at such date of determination (as determined in good faith by the Administrative Borrower) and (y) the amount of such Indebtedness of such other Persons, (v) all Capitalized Lease Obligations of such Person, (vi) the principal component of all obligations, or 28 US-DOCS\165738679.9167823649.8
Incremental Revolving Facility as defined in Section 3.16.