Incremental Term Commitments definition

Incremental Term Commitments has the meaning set forth in Section 2.14(a).
Incremental Term Commitments as defined in Section 2.25(a).
Incremental Term Commitments means, for any Incremental Term Lender, the commitment of such Incremental Term Lender to make Incremental Term Loans pursuant to Section 2.01(b), as such commitment (i) is set forth in the applicable Incremental Term Loan Agreement delivered pursuant to Section 2.17 and (ii) may be reduced or terminated in accordance with this Agreement.

Examples of Incremental Term Commitments in a sentence

  • On any Incremental Effective Date on which new Incremental Term Commitments are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Incremental Term Commitments shall make an Incremental Term Loan to the Borrower in an amount equal to its new Incremental Term Commitment.


More Definitions of Incremental Term Commitments

Incremental Term Commitments shall have the meaning assigned to such term in Section 2.20(a).
Incremental Term Commitments means commitments of one or more Incremental Term Lenders to a tranche of an Incremental Term Facility as set forth in the relevant Incremental Term Facility Amendment.
Incremental Term Commitments means one or more Classes of term loan commitments hereunder that are established to fund Incremental Term Loans hereunder pursuant to an Incremental Facility Amendment.
Incremental Term Commitments the commitments (if any) of Lenders (including New Lenders) to make Incremental Term Loans in accordance with Section 2.25(a) and the Incremental Term Loans in respect thereof.
Incremental Term Commitments has the meaning specified in Section 2.2(a). “Incremental Term Lender” has the meaning specified in Section 2.2(a). “Incremental Term Loan” has the meaning specified in Section 2.2(b). “Incremental Tranche Closing Date” has the meaning specified in Section 2.2(b). “Indebtedness” means, without duplication, (a) all indebtedness for borrowed money or the deferred purchase price of property, excluding trade payables and the endorsement of checks and other similar instruments in the ordinary course of business; (a) all obligations and liabilities of any other Person secured by any Lien on an Obligor’s or any of its Subsidiaries’ property, even if such Obligor or Subsidiary shall not have assumed or become liable for the payment thereof (the amount of such obligation being deemed to be the lesser of the value of such property (as determined in good faith by the Borrower) or the amount of the obligation so secured); (a) all obligations or liabilities created or arising under any Capital Lease; (a) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person (even if the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), but excluding trade accounts payable arising in the ordinary course of business; (a) all obligations of such Person for the reimbursement of any obligor on any letter of credit, banker’s acceptance or similar credit transaction; (a) all net obligations of such Person in respect of Hedge Agreements; and (a) all obligations and liabilities under Guarantees in respect of obligations of the type described in any of clauses (a) through (f) above. “Indemnified Liabilities” has the meaning specified in Section 15.10. “Indemnified Person” has the meaning specified in Section 15.10. “Indemnified Taxes” means (a) all Taxes other than Excluded Taxes and (b) to the extent not otherwise described in (a), Other Taxes. “Initial Term Loans” means, collectively all Term Loans made pursuant to Section 2.1. “Initial Term Loan Commitments” means the Commitments of each Lender, as specified in Schedule 1.1 to make Term Loans pursuant to Section 2.1. “Intellectual Property Security Agreement” means the Intellectual Property Security Agreement, dated as of the Agreement Date, among the applicable Obligors for the benefit of the Secured Parties, as amended, amended and restated, modified or sup...
Incremental Term Commitments. See §6.18.1.