Incremental Revolving Facility definition

Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

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Incremental Revolving Facility has the meaning set forth in Section 2.14(a).

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 and any other Loan Documents shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Revolving Facility Commitments evidenced thereby as provided for in Section 9.08(e).

• Each such Borrowing Request shall be irrevocable (other than in the case of any Borrowing Request given in respect of Incremental Revolving Facility Commitments, which may be conditioned as provided in the applicable Incremental Assumption Agreement).

• For purposes of this Agreement and the other Loan Documents, such Extending Lender will be deemed to have an Incremental Revolving Facility Commitment having the terms of such Extended Revolving Facility Commitment.

• Any such extension (an “Extension”) agreed to between the Borrower and any such Lender (an “Extending Lender”) will be established under this Agreement by implementing an Incremental Revolving Facility Commitment for such Lender if such Lender is extending an existing Revolving Facility Commitment (such extended Revolving Facility Commitment, an “Extended Revolving Facility Commitment” and any Revolving Facility Loans made thereunder, “Extended Revolving Loans”).

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 provided in Section 2.18(a).

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 provided in Section 2.01(f).

Incremental Revolving Facility as defined in the definition of “Facility”.

Incremental Revolving Facility as defined in Section 3.16.

Incremental Revolving Facility has the meaning set forth in Section 2.14(a). “Incremental Term B-1 Loans” has the meaning set forth in Section 2.01(h). “Incremental Term Commitments” has the meaning set forth in Section 2.14(a). “Incremental Term Lender” has the meaning set forth in Section 2.14(c). “Incremental Term Loan” has the meaning set forth in Section 2.14(b). “Incurrence-Based Incremental Amount” has the meaning set forth in Section 2.14(d)(v). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount (after giving effect to any prior drawings or reductions which may have been reimbursed) of all outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds, performance bonds and similar instruments issued or created by or for the account of such Person; (c) net obligations of such Person under any Swap Contract; (d) all obligations of such Person to pay the deferred purchase price of property (including Financing Lease Obligations) or services (other than (i) trade accounts and accrued expenses payable in the ordinary course of business, (ii) any earn-out obligation until sixty (60) days after such obligation becomes due and payable and (iii) accruals for payroll and other liabilities accrued in the ordinary course); (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements and mortgage, industrial revenue bond, industrial development bond and similar financings), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; (f) all Attributable Indebtedness; (g) all obligations of such Person in respect of Disqualified Equity Interests; if and to the extent that the foregoing would constitute indebtedness or a liability in accordance with GAAP; provided that Indebtedness of any direct or indirect parent of the Borrower appearing on the balance sheet of the Borrower solely by reason of push-down accounting under GAAP shall be excluded; and (h) to the extent not otherwise included above, all Guarantees of such Person in respect of any of the foregoing.