Incremental Series definition

Incremental Series as defined in Section 2.4(b).

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

Incremental Series means all Incremental Term Loans and Incremental Term Loan Commitments that are established as a separate Class of Term Loans or Term Commitments (as applicable) pursuant to the same Commitment Increase Amendment (or any subsequent Commitment Increase Amendment to the extent such Commitment Increase Amendment expressly provides that the Incremental Term Loans or Incremental Term Loan Commitments as provided for therein are intended to be part of any previously established Incremental Series) and that provide for the same maturity, Effective Yield (other than, for this purpose, any original issue discount or upfront fees), if applicable, and amortization schedule.

Examples of Incremental Series in a sentence

Any Incremental Term Loans made on any Increased Amount Date shall be designated an incremental series (an “Incremental Series”) of Incremental Term Loans for all purposes of this Agreement; provided that any Incremental Term Loans may, to the extent provided in the applicable Incremental Amendment, be designated as an increase in any previously established Incremental Series of Incremental Term Loans made to the Borrowers.
Any Incremental Term Loans (other than Term Loan Increases) made on an Incremental Facility Closing Date shall be designated a separate Incremental Series and Class of Incremental Term Loans for all purposes of this Agreement.
Any Incremental Term Loans made on any Increased Amount Date shall be designated an incremental series (an “Incremental Series”) of Incremental Term Loans for all purposes of this Agreement and shall be deemed “Term Loans” for all purposes of this Agreement; provided that any Incremental Term Loans may, to the extent provided in the applicable Incremental Amendment, be designated as an increase in any previously established Incremental Series of Incremental Term Loans made to the Borrower.
Notwithstanding the foregoing, Incremental Term Loans may have identical terms to any of the Loans and be treated as the same Incremental Series and same Class as any of such Loans.
Any Incremental Revolving Commitments may have identical terms to any Existing Revolving Credit Facility and may be treated as the same Incremental Series and same Class as any of such Existing Revolving Credit Facility.
For the avoidance of doubt, the Incremental Series B-4 Term Loans and the Series B-4 Term Loans shall constitute a single “Class” and “Facility” and shall have identical terms.
Any Incremental Term Loans made on any Increased Amount Date shall be designated an incremental series (an “Incremental Series”) of Incremental Term Loans for all purposes of this Agreement; provided that any Incremental Term Loans may, to the extent provided in the applicable Incremental Amendment, be designated as an increase in any previously established Incremental Series of Incremental Term Loans made to the Borrower.
By signing an Incremental Series Notice as an Incremental Series Noteholder, each such person agrees to commit the Incremental Series Commitments set out against its name in that Incremental Series Notice.
Notwithstanding any provision of a Finance Document to the contrary, there shall be no obligation or requirement to enter into any hedging arrangement or other derivative transaction in relation to any Incremental Series.
The Series B-2 Term Commitment, Series B-3 Term Commitment, Series B-4 Term Commitment and, Incremental Series B-4 Term Commitment and Incremental Amended Series B-4 Term Commitment of each Term Lender of each Class shall be automatically and permanently reduced to $0 upon the conversions or deemed conversions of Term Loans of such Class as set forth in Section 2.01(a).

More Definitions of Incremental Series

Incremental Series means all Incremental Term Loans and Incremental Term Commitments that are established pursuant to the same Incremental Amendment (or any subsequent Incremental Amendment to the extent that such Incremental Amendment expressly provides that the Incremental Term Loans or Incremental Commitments provided for therein are intended to be a part of any previously established “Incremental Series”) and that provide for the same interest margins, “floor” and amortization schedule.

Incremental Series means all Incremental Term Loans, Incremental Revolving Loans, Incremental Term Commitments or Incremental Revolving Credit Commitments that are established pursuant to the same Incremental Amendment (or any subsequent Incremental Amendment to the extent that such Incremental Amendment expressly provides that the Incremental Term Loans, Incremental Revolving Loans, Incremental Term Commitments or Incremental Revolving Credit Commitments provided for therein are intended to be a part of any previously established Incremental Series) and that provide for identical terms, including the same All-In Yield and amortization schedule.

Incremental Series means all Incremental Term Loans, Incremental Revolving Loans, Incremental Term Commitments or Incremental

Incremental Series means (a) all Incremental Term Loans and Incremental Term Commitments that are established pursuant to the same Incremental Amendment (or any subsequent Incremental Amendment to the extent that such Incremental Amendment expressly provides that the Incremental Term Loans or Incremental Term Commitments provided for therein are intended to be a part of any previously established “Incremental Series”) and that provide for the same interest margins, “floor,” prepayment provisions, amortization schedule and other terms (it being understood that the Effective Yield on Incremental Term Loans established pursuant to a subsequent Incremental Amendment may differ from that of a previously established Incremental Series of which such Incremental Term Loans will form a part as long as such Incremental Term Loans established pursuant to a subsequent Incremental Amendment will be fungible with the previously established Incremental Series for U.S. federal income tax purposes) and (b) all Incremental Revolving Commitments that are established pursuant to the same Incremental Amendment (or any subsequent Incremental Amendment to the extent that such Incremental Amendment expressly provides that the Incremental Revolving Commitments provided for therein are intended to be a part of any previously established “Incremental Series”) and that provide for the same interest margins, “floor”, prepayment provisions (if any) and other terms.

Incremental Series means one or more additional series of notes which are documented under this Agreement as described in Clause ‎2.2 (Incremental Series) including as a new or existing series and/or as an additional tranche or class of, or an increase of, or an extension of, any existing Series.

Incremental Series means one or more additional series of notes which are documented under this Agreement as described in Clause 2.2 (Incremental Series) including as a new or existing series and/or as an additional tranche or class of, or an increase of, or an extension of, any existing Series.