Incremental Revolving Increase definition

Incremental Revolving Increase has the meaning set forth in Section 2.16(a).
Incremental Revolving Increase has the meaning specified in Section 2.15(a).
Incremental Revolving Increase has the meaning specified in Section 2.01(c).

Examples of Incremental Revolving Increase in a sentence

  • On any Increase Effective Date on which an Incremental Revolving Increase is effective, the participations held by the Revolving Lenders in the L/C Obligations and Swing Line Loans immediately prior to such increase will be reallocated so as to be held by the Revolving Lenders ratably in accordance with their respective Applicable Percentages after giving effect to such Incremental Revolving Increase.

  • If, on the date of an Incremental Revolving Increase, there are any Revolving Loans outstanding, the applicable Borrower shall prepay such Revolving Loans in accordance with this Agreement on the date of effectiveness of such Incremental Revolving Increase (but such Borrower may finance such prepayment with a concurrent borrowing of Revolving Loans from the Revolving Lenders in accordance with their Applicable Percentages after giving effect to such Incremental Revolving Increase).

  • The Incremental Joinder Agreement may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrowers, to effect the provisions of this Section 2.13 (including in connection with an Incremental Revolving Increase, to reallocate the Outstanding Amount of Revolving Loans and L/C Obligations on a pro rata basis among the relevant Revolving Lenders).

  • If, on the date of an Incremental Revolving Increase, there are any Revolving Loans outstanding, the Borrower shall prepay such Revolving Loans in accordance with this Agreement on the date of effectiveness of such Incremental Revolving Increase (but the Borrower may finance such prepayment with a concurrent borrowing of Revolving Loans from the Revolving Lenders in accordance with their Applicable Percentages after giving effect to such Incremental Revolving Increase).

  • In connection with any Incremental Revolving Increase, the Borrowers shall prepay any Committed Revolving Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Revolving Loans ratable with any revised Applicable Percentages arising from any non-ratable increase in the Revolving Commitments under this Section 2.16.


More Definitions of Incremental Revolving Increase

Incremental Revolving Increase has the meaning specified in Section 2.16.
Incremental Revolving Increase has the meaning provided in Section 2.01(e).
Incremental Revolving Increase has the meaning assigned to such term in Section 2.19.
Incremental Revolving Increase has the meaning assigned to such term is Section 2.20(a).
Incremental Revolving Increase as defined in Section 2.14(a).
Incremental Revolving Increase has the meaning specified in Section 2.13(a)(iii).
Incremental Revolving Increase has the meaning specified in Section 2.16(a).