Incremental Term B Commitment definition

Incremental Term B Commitment shall have the meaning provided in Section 2.14(a).

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Incremental Term B Commitment shall have the meaning provided in Section 2.14(a). “Incremental Term B Lender” shall have the meaning provided in Section 2.14(c). “Incremental Term B Loan” shall have the meaning provided in Section 2.14(c).

Incremental Term B Commitment means, at any time, the commitment of any Incremental Term Lender, established pursuant to Section 2.05, to make Incremental Term B Advances to the US Borrower or if such Incremental Term B Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as such Lender's "Incremental Term B Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.06.

Examples of Incremental Term B Commitment in a sentence

• Each 2024-1 Incremental Term B Lender’s 2024-1 Incremental Term B Commitment shall terminate immediately and without further action on the Amendment No. 3 Effective Date after giving effect to the funding of such 2024-1 Incremental Term B Lender’s 2024-1 Incremental Term B Commitment on such date.

• If the Subsequent Third Incremental Term B Advance is not made, the Third Incremental Term B Commitment of each Third Incremental Term B Lender shall be permanently reduced by its ratable share of $5,000,000.

• Each 2023-1 Incremental Term B Lender hereby agrees to (x) provide its respective 2023-1 Incremental Term B Commitment as set forth on Schedule A annexed hereto (such commitment, the “2023-1 Incremental Term B Commitment”) and (y) make Incremental Term B Loans (such Incremental Term B Loans, the “2023-1 Incremental Term B Loans”), on the terms and subject to the conditions set forth in this Amendment No. 1 and the Amended Credit Agreement.

• Each 2024-1 Incremental Term B Lender hereby agrees to (x) provide its respective 2024-1 Incremental Term B Commitment as set forth on Schedule 1 to this Amendment (such commitment, the “2024-1 Incremental Term B Commitment”) and (y) make Incremental Term B Loans (such Incremental Term B Loans, the “2024-1 Incremental Term B Loans”), on the terms and subject to the conditions set forth in this Amendment and the Amended Credit Agreement.

• From and after the Effective Date, each reference in the Credit Agreement to any 2017 Incremental Term B Facility Lender’s 2017 Incremental Term B Commitment shall mean its 2017 Incremental Term B Commitment as acquired pursuant to this Joinder, and as set forth opposite its name on Schedule 1 to this Joinder under the heading “2017 Incremental Term B Commitment”.

• On the 2021 Incremental Effective Date, each of the 2021 Incremental Term B Lenders agrees to make 2021 Incremental Term B Advances to the Borrowers in a principal amount equal to its 2021 Incremental Term B 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 B Advances to the US Borrower on the relevant date selected by the US Borrower in respect of such Incremental Term B Advances pursuant to Section 2.05, in an amount not to exceed such Lender's Incremental Term B Commitment at such time, subject to the terms and conditions described in Section 2.05 and in the Incremental Term Loan Assumption Agreement.

More Definitions of Incremental Term B Commitment

Incremental Term B Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term B Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term B Loans of such Series to be made by such Lender.

Incremental Term B Commitment means the several obligations of the Incremental Term Loan Lenders to advance the aggregate amount of each Term Loan Commitment Increase, if any, allocable to the Term B Commitment in accordance with their respective Incremental Term Loan Ratios, all pursuant to the terms hereof; provided, however, that the sum of all Incremental Term B Commitments issued hereunder shall not, at any time, exceed $29,487,516.

Incremental Term B Commitment shall have the meaning provided in Section 2.14(a). “Incremental Term B Lender” shall have the meaning provided in Section 2.14(c). “Incremental Term B Loan” shall have the meaning provided in Section 2.14(c). “Incremental Term B Maturity Date” shall mean, with respect to any tranche of Incremental Term B Loans made pursuant to Section 2.14, the final maturity date thereof. “Incremental Term B Repayment Amount” shall have the meaning provided in Section 2.14(c)2.5(c). “Incremental Term C Commitments” shall have the meaning provided in Section 2.14(a). “Incremental Term C Facility” shall mean each tranche of Incremental Term C Loans made pursuant to Section 2.14. “Incremental Term C Lender” shall have the meaning provided in Section 2.14(c). “Incremental Term C Loan” shall have the meaning provided in Section 2.14(c). “Incremental Term C Maturity Date” shall mean, with respect to any tranche of Incremental Term C Loans made pursuant to Section 2.14, the final maturity date thereof. “Incurrence-Based Amounts” shall have the meaning provided in Section 1.15. “Indebtedness” of any Person shall mean (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments, (c) the deferred purchase price of assets or services that in accordance with GAAP would be included as a liability on the balance sheet of such Person, (d) the available balance of all letters of credit issued for the account of such Person and, without duplication, all drafts drawn thereunder, (e) all Indebtedness of any other Person secured by any Lien on any property owned by such Person, whether or not such Indebtedness has been assumed by such Person, (f) the principal component of all Capitalized Lease Obligations of such Person, (g) the Swap Termination Value of Hedging Obligations of such Person, (h) without duplication, all Guarantee Obligations of such Person, (i) Disqualified Stock of such Person and

Incremental Term B Commitment any commitment in respect of an Incremental Term B Facility.

Incremental Term B Commitment has the meeting specified in Section 2.14(a).

Incremental Term B Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental