Incremental Term A Commitment definition
Examples of Incremental Term A Commitment in a sentence
Each Incremental Lender (including the New Lender) hereby agrees to provide a portion of the Incremental Term Loan A to the Borrower on the First Amendment Effective Date in an amount equal to its Incremental Term A Commitment, if any, set forth on Schedule 2.01 attached hereto.
Subject to the terms and conditions set forth in Amendment No. 11, each of the 2016 Incremental Term A Lenders severally, and not jointly with the other 2016 Incremental Term A Lenders, agrees to make to the Borrower on the Amendment No. 11 Effective Date a 2016 Incremental Term A Loan denominated in Dollars in a principal amount equal to such 2016 Incremental Term A Lender’s 2016 Incremental Term A Commitment.
Each Incremental Term Lender severally agrees, on the terms and conditions set forth in Section 2.05, to make one or more Incremental Term A Advances to the US Borrower on the relevant date selected by the US Borrower in respect of such Incremental Term A Advances pursuant to Section 2.05, in an amount not to exceed such Lender's Incremental Term A Commitment at such time, subject to the terms and conditions described in Section 2.05 and in the Incremental Term Loan Assumption Agreement.
From and after the Effective Date, each reference in the Credit Agreement to any 2016 Incremental Term A Facility Lender’s 2016 Incremental Term A Commitment shall mean its 2016 Incremental Term A Commitment as acquired pursuant to this Joinder, and as set forth opposite its name on Schedule 1 to this Joinder under the heading “2016 Incremental Term A Commitment”.