Incremental Revolving Loans definition

Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).
Incremental Revolving Loans means Revolving Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(b). Incremental Revolving Loans may be made in the form of additional Revolving Loans or, to the extent permitted by Section 2.24 and provided for in the relevant Incremental Revolving Credit Assumption Agreement, Other Revolving Loans.
Incremental Revolving Loans shall have the meaning provided in Section 2.14.

Examples of Incremental Revolving Loans in a sentence

  • The Borrower and the other Credit 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 UCC or otherwise after giving effect to the establishment of any such Class of Incremental Term Loans or Incremental Revolving Loans or any such Incremental Term Loan Commitments or Incremental Revolving Loan Commitments.

  • 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.

  • The proceeds of the Loans will be used only for the purposes specified in the introductory statement to this Agreement or, in the case of Incremental Term Loans and Incremental Revolving Loans, in the applicable Incremental Term Loan Assumption Agreement or Incremental Revolving Credit Assumption Agreement.

  • The terms and provisions of the Incremental Term Loans and Incremental Term Loan Commitments of any Series shall be identical to the Term Loans and the terms and provisions of the Incremental Revolving Loans shall be identical to the Revolving Loans.

  • The terms and provisions of the Incremental Revolving Loans shall be identical to the Revolving Loans of the same Class.


More Definitions of Incremental Revolving Loans

Incremental Revolving Loans as defined in Section 2.25(a).
Incremental Revolving Loans as defined in Section 3.16(c).
Incremental Revolving Loans any loans drawn under an Incremental Revolving Commitment.
Incremental Revolving Loans means a Loan made pursuant to an Incremental Revolving Credit Commitment.
Incremental Revolving Loans revolving loans made by one or more Lenders to the Borrower pursuant to Section 2.4(b).
Incremental Revolving Loans means revolving loans made by one or more lenders to the Borrower and/or the Additional Borrowers pursuant to Section 2.17.